Global integrated marine fuel supplier Peninsula Petroleum Group (PPG) on Thursday (10 September) said it has added a Panamax tanker to its fleet.
The company said the 74,000 dwt LR1 tanker, Gladiator, will be supporting its operations in the Mediterranean.
Photo credit: Peninsula Petroleum Group
Published: 14 September, 2020
To continue providing marine high speed diesel bunkering services at the Port of Kemaman, it says.
Course designed for Cargo Officers and Bunker Surveyors operating within the Singapore marine fuels industry; SS648:2019 hardcopies will be given to each trainee.
Additive package provides solution to limit uncertainties in VLSFO blends; positively influencing tests in CIMACs PAS guideline.
‘It is an insider transaction designed solely to benefit Mercuria and is not in the best interests of the Debtors’ estates.’
Company edges closer to resumption of trading on Hong Kong Stock Exchange, and plans primarily focus on upstream business for future.
Covid and the slump in oil prices substantially reduced gross profit margins for the company’s bunkering and electronics businesses, it said in a recent financial filing.
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.
Mok’s offence affected public confidence in the use of the MFM system onboard Singapore bunker tankers, and caused an embarrassment to the MPA, said Deputy Public Prosecutors.
‘The total amount of gratification involved is the highest ever in a local corruption case and there was a sustained period of offending,’ said CPIB DPP at the State Courts of Singapore.
