Interlegal, a legal network made up of independent commercial law firms in over 40 countries, says it has successfully helped three “large” bunkering companies to get a refund for costs from their respective bunker supply operations.
“The Ukrainian non-resident bunkering companies filed a request for debt recovery upon bunker supplies,” it said in a statement.
“Three long-term commercial court proceedings resulted in making decisions on claim satisfaction and debt recovery from the defendant.”
According to Interlegal, the defendant’s two vessels were located and arrested in Ukraine and sold at the “SETAM” online auction – a government-backed electronic trading system for arrested property at Ukraine.
Interlegal junior lawyer Juliya Kubarskaya and lawyer Vitalii Tolstik, under the general supervision of senior lawyer Alexey Remeslo, led the case.
Publication date: 12 January, 2018
The newly launched Code of Best Practices – Commodity Financing guidelines will be the new ‘reference point’ taken by banks when considering to give trade finance to trading houses, believes Ian Teo.
Creditors are to produce proofs of debt to liquidators BDO Advisory Pte Ltd by 13 May 2022, according to latest Government Gazette notice.
Lawyers confirm visit by SOIK in September and adds company is cooperating, reports DR.
‘Our thoughts are with the people of Ukraine, and we support international calls for hostilities to cease immediately to allow peace to return to the region as soon as possible.’
Bulk carrier chartered by Tata Steel was detained at the Port of Narvik in Norway and released on 27 February.
Meeting will be held at 28 Biopolis Road, Wilmar International, Singapore 138568 on Friday (7 January, 2022) at 11:30 am, according to the Government Gazette.
Firm hopes to leverage partnership in Greece as a springboard to expand into neighbouring and overseas markets including Europe and China, says Robin Van Elderen, Regional Head Bunkers, Europe, Sing Fuels.
Singapore can help less developed countries in SouthEast Asia through ‘piloting and scaling fuels and technology as well as a leading hub for green finance’, said DNV Group President and CEO Remi Eriksen.
Octamar™ Ultra HF, Octamar™ Complete, and Octamar™ F35C were found to have improved the fuel economy while reducing exhaust gas and other emissions of marine engines in a series of trials, states report.
Disposal of evidence has resulted in Singapore not being able to provide full details to the United Nationals Panel of Experts which sought information regarding the case, says Ministry of Foreign Affairs.
‘We are proud to be amongst the first to show the successful steps taken by Singapore’s bunkering ecosystem to remain forward thinking and relevant,’ Choong Sheen Mao, Director of EMF, tells Manifold Times.
‘With the launch of a common data infrastructure, Kenoil aims to continue achieving an end to end visibility and transparency on the bunker data supply chain,’ states Kenoil Managing Director.
