Hong Kong-listed Brightoil Petroleum has announced a delay in the release of its 2018 financial results.
“Further announcement(s) will be made in respect of the expected dates of publication of 2017 annual results and 2018 interim results and the despatch of 2017 annual report and 2018 interim report, and the meeting of the board for the purpose of, inter alia, approving and publishing the same as soon as practicable,” it said.
Earlier in February, Brightoil engaged an independent adviser to assist with the company’s review.
Manifold Times earlier reported Brightoil redeeming all outstanding unconverted Listed Convertible Bonds with a principal amount of $9.6 million in full on 12 February 2018.
Related: Update on suspension of trading
Related: Brightoil redeems $9.6 million in outstanding bonds
Published: 1 March, 2018
An indicative example of a licence for bunker fuel oil supply has been approved by the 76th session of the IMO’s Marine Environment Protection Committee.
Marine fuel emulsification firm needs to raise up to £2.16 million in offer before 31 January 2019 deadline.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
DNV is committed to a strategy for growth in Energy Systems as well as in other facets where DNV is active including Maritime amongst others, says Kaare Helle, Ventures Director at DNV.
Companies will study the feasibility of deploying a first and second generation Environmentally Friendly Bulk Carrier to carry Drax’s biomass under a MoU.
Aramco Trading Fujairah will handle all Aramco Trading gasoline and fuel oil storage and blending activities.
Buyers can nominate deliveries on platform and plan operations together with suppliers following ‘one single truth’ concept with all players aware of what has been agreed when and by whom, says DNV spokesman.
Rotterdam’s intention to mandate the usage of MFMs goes down well with licensed bunker supplier VT Group; MFM providers supportive of move but stressed continuous monitoring is needed for optimum performance.
Cost of alternative bunker fuels, bunker operations and technology advancement are some considerations to be examined by the maritime industry, says Neo, director of SDE International Pte Ltd.
Kim Hyung Joon and Han Donghoon were planning to join the Singapore entities of Hartree Group - either Hartree Partners Singapore Pte Ltd or Hartree Marine Fuels - in October, discovered management.
‘When you think of Helmsman on the next occasion, think of us as lawyers with expertise in various fields. Come to us before a problem develops. It’s the process that matters,’ says Tang Chong Jun, Executive Director.
Bernard Chew was a former shareholder of MB Marine and was an authorised signatory of the company’s cheques at the material time, according to court documents obtained by Manifold Times.
