Dynamic Fuels has started operations from 1 January, 2018 as a new company; it is a spin-off of Transcoma Bunkers, the subsidiary of Barcelona-based shipping company Transcoma Shipping.
“Our new name reflects our approach to the business and will allow us to be recognised as an independent company 100% dedicated to the supply of bunkers and lubricants to the Shipping Industry worldwide,” says Transcoma Shipping.
“Our operations today have become more global in nature and include products and services beyond where we began when we started under Transcoma Bunkers Brand.”
Dynamic Fuels is 100% owned by Transcoma Shipping and is managed by the same staff and operational structure as Transcoma Bunkers.
“With three years of business presence in the industry, we, Transcoma Shipping, look forward to continue to grow and serve you in the global market under our new name,” it says.
Photo credit: Transcoma Bunkers
Publication date: 9 January, 2018
Cash of SGD 4.43 million and USD 243,100, and one piece of 100-gram gold-coloured bar recovered in safe belonging to Abdul Latif Bin Ibrahim kept at Extra Space warehouse storage facility, show court documents.
Program introduces periodic assessments, mass flow metering data analysis, and regular training for relevant key personnel to better handle the MFMS to ensure a high level of continuous operational competency.
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
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.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.