Business
Ocean Tankers judicial managers progressing to liquidate firm after expiry of court order
Ernst & Young consider that there are no other outstanding matters, and recommend liquidation of OTPL after expiry of the JM Order on 31 July 2021, states update.

Milestone
China: Xiamen port records 16.37% jump in bunker sales volume in 1H2025
Total of 416 international ships, an increase of 6.12% on year, received marine fuel in bunkering operations during the same period.
Newbuilding
China: Steel cutting ceremony for methanol bunkering tanker “Lucia Cosulich” held
A steel cutting ceremony was held for the 7,999 DWT IMO Type 2 chemical bunker tanker at Taizhou Maple Leaf Shipyard, China.
Financial Result
Glander International Bunkering reports EBT of USD 22 million for FY2025
‘This fiscal year, we focused on staying close to our clients, while adapting to a fast-changing market,’ says CEO Carsten Ladekjær.
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Business2 weeks ago
ZeroNorth net loss further deepens 57% on year to USD 65 million in FY 2024, liquidates subsidiary
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Legal5 days ago
Shell MGO bunker heist: Co-conspirator receives 302-month jail sentence
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Interview6 days ago
DNV: Maritime in APAC undergoes ‘transformative change’ towards growth, sustainability
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Legal1 week ago
Hin Leong Founder’s granddaughter fails to block creditor access to insurance policies
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Legal2 weeks ago
Shipping, international trade and commercial disputes law firm launches in Singapore
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Newbuilding4 days ago
Singapore: Pinnacle Marine’s first B100 fuelled utility boat starts 1,000-hour research trial
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Digital platform2 weeks ago
Zhoushan becomes first port in China, third in world to implement e-BDN bunker ops
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Employment2 weeks ago
Hong Kong: Sea Trader welcomes new Sales Manager for Seoul office