A Singapore employee of UK-based Intertek was among alleged suspects being arrested to assist in investigations relating to the oil heist at Singapore Shell Bukom.
“We understand Muhammad Ali who worked for Intertek in Singapore is one of the suspects who has been arrested by the Singapore police as part of the criminal investigation,” a spokesman for the company told Reuters.
“As the investigation is ongoing, we will not be able to provide further comments.”
A total of three Vietnamese and 11 Singaporeans have so far been arrested in connection with the activity.
Court documents show approximately 10,360 metric tonnes (mt) of marine gas oil (MGO) amounting to SGD $5.99 million ($4.52 million) being stolen from Singapore Shell Bukom to date.
Related: Shell Singapore oil heist update: More individuals charged
Related: Shell Singapore oil heist: Shipowner should have conducted a charterer check
Related: Fuel syndicate busted at Singapore Shell Bukom
Published: 17 January, 2018
The 36,955 dwt chemical and oil carrier has been sold for approximately USD 13.4 million on 18 December.
Pacific Energy 28 operated by Singapore-based Pacific Ship Management Pte Ltd, according to shipping database.
Deloitte & Touche JMs believe IPP has a viable claim against Dr Goh Jin Hian for breaches of his director’s duties to act with skill, care and diligence which he owned to IPP, states court document.
Sources from Global Energy Trading, Consort Bunkers, and NewOcean Fuel confirm the development.
King & Jurgens explains how Bunker Holdings, Inc. v. Yang Ming Liberia Corp. verdict can help lawyers.
Application for Bulk Marine, formerly known as Sino Marine Agencies, will be heard on 21 February at the Singapore High Court, say lawyers.
‘Generally, you have to heat VLSFOs to prevent waxing, but the more you heat them the lower the shelf life is going to be,’ Dr Malcolm Cooper, the Group Managing Director of VPS, tells Manifold Times.
Current low prices for road and aviation fuels in September could mean another increase of flashpoint off-spec cases for MGO when players start introducing the products back into the bunker stream.
Some bunker suppliers at various ports have even achieved their sales target for the year; the trend doesn't seem to be slowing down and suppliers are expecting a boom during end of September.
The company has entered a memorandum of agreement with Millenium Satu Ltd to acquire the 7,550 dwt oil tanker to increase service flexibility; vessel will be paid over an installment period of 36 months.
Deloitte & Touche JMs believe IPP has a viable claim against Dr Goh Jin Hian for breaches of his director’s duties to act with skill, care and diligence which he owned to IPP, states court document.
An earlier MPA notice outlined precautionary measures for personnel to observe when conducting marine refuelling operations at port in order to minimise the risk of contracting Covid-19.
