Legal
Former Aegean Directors and Officers face $300 million lawsuit
Defendants allegedly neglected duties, leaving Aegean’s former CEO, Dimitris Melisanidis, free to defraud firm.

Winding up
Singapore: Notice of dividend issued for defunct bunkering firm Coastal Oil Singapore
Second and final dividend of Coastal Oil Singapore is scheduled to be released from 19 May; company’s former Chief Finance Officer received a nine-year jail sentence in 2021.
Vessel Arrest
Malaysia: MMEA detains Liberia-registered boxship for illegal anchoring off Sekinchan
Container ship was anchored without permission at 22.5 nautical miles southwest of Sekinchan on 16 May; Russian captain and Second Engineer were taken to headquarters for further investigation.
Sanctions
CCIC Singapore amongst nearly 24 firms named in latest US OFAC sanctions
Marine fuel testing and surveying firm CCIC Singapore was accused of concealing the identity of a sanctioned vessel and certifying its Iranian oil cargo as Malaysian heavy crude oil in mid-2024.
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Sanctions6 days ago
CCIC Singapore amongst nearly 24 firms named in latest US OFAC sanctions
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Business7 days ago
Vitol and Grindrod announces winding down of bunkering firm Cockett
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Bunker Fuel Availability2 weeks ago
ENGINE: Americas Bunker Fuel Availability Outlook (8 May 2025)
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Bunker Fuel Availability2 weeks ago
ENGINE: Europe & Africa Bunker Fuel Availability Outlook (7 May 2025)
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Biofuel2 weeks ago
Singapore: Equatorial reaches milestone with company’s first B100 bio bunker fuel delivery
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Alternative Fuels2 weeks ago
DNV: Methanol and LNG go ‘head-to-head’ in April alternative-fueled vessel orders
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Business6 days ago
Shipergy expands global presence with two key hires in Hong Kong and New York
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Technology1 week ago
Endress+Hauser and Bunkerchain prepared for end-to-end digital transactions of e-BDN integration ops in 2025