Mabanaft subsidiary Matrix Marine Fuels Pte Ltd has left the list of Singapore accredited bunker suppliers in May, according to a Maritime and Port Authority of Singapore (MPA) document.
The development follows the departure of Mabanaft’s fuel oil team and the Singapore branch of the Bomin Group, another Mabanaft subsidiary, from the republic in September 2018.
To date, the number of accredited bunker suppliers at Singapore port stands at 49.
Matrix Marine Fuels was ranked the 23rd largest bunker supplier at Singapore port by volume in 2018.
Mabanaft, the trading division of Hamburg-based independent energy supply, trading and logistics group Marquard & Bahls (M&B), which oversees operations of bunkering firms Bomin and Matrix Marine recorded ‘unsatisfactory’ bunkering results in 2017.
Related: Official: Bomin exits Singapore and Antwerp bunker markets
Related: Bomin to honour Singapore bunker contracts upon exit, says MD
Related: Bomin Singapore, Mabanaft fuel oil team allegedly exiting market
Related: MPA list reveals top bunker suppliers at Singapore port in 2018
Related: Mabanaft: ‘Unsatisfactory’ 2017 bunker results
Other Related: Somtrans Group acquires Bomin Belgium, enters bunkering market
Other related: Bomin closes Dubai office, appoints new MD
Published: 10 May, 2019
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.
Lead prosecutor Andreas Myllerup Laursen aims for a fine and a prison sentence in the so-called Syria case scheduled to commence in Odense, Denmark on 26 October, writes the Danish publication.
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66 for misdelivery of bunkers.
Bunker barge owners and operators; traders and suppliers; banks, including players in other countries, will have to re-examine respective operations, advises Helmsman Associate Director Jonathan Tan.
Vopak BL was a non-essential document with no contractual force and had no effect as a contract of carriage or as a document of title, states written Judgement issued by Singapore Court of Appeal.
Dwivedi Vivek Kumar ended his tenure as Global Head – Bitumen & Shipping & Regional Head – APAC at GP Global APAC on 10 November 2020 due to internal structuring of the GP Global Group.