Editor: The following article was edited on 22 December 2020 to remove names.
A Director of Singapore bunker supplier Sentek Marine & Trading faced a charge from Singapore’s Criminal Investigation Department at the State Courts of Singapore on Thursday (1 October) for allegedly receiving stolen property, according to the charge sheet obtained by Manifold Times.
He was accused of committing the act with Ng Hock Teck, Robin Wong Wai Meng and Alvin Koh Koon Yian, to dishonestly receive about 2,916.30 metric tonnes of marine gasoil valued at USD 1,360,226.24, according to the document.
The stolen property was transferred from Shell, Pulau Bukom to the bunker tanker Sentek 22 between 1st and 31st March 2017, it stated.
The Director’s alleged offence is punishable under Section 411(1) read with Section 109 of the Penal Code, Chapter 224 (2008 Revised Edition). If found guilty, he shall be punished with imprisonment for a term which may extend to 5 years, or with fine, or with both.
Photo credit: Manifold Times
Published: 5 October, 2020
Ever Given, was partially refloated as of 12:00 local time and traffic is expected to resume as soon as the vessel is towed to another position, reports Argus Media.
Merger will create one of the largest, most experienced independent marine fuels service and solutions provider in the world.
Claiming USD 108,887.87 for the supply and delivery of 310.00 mt of low sulphur marine gas oil at the Port of Jeddah on or about 23 February 2020.
Parent company HWTT saw IMO 2020 as an opportunity to revamp a vacuum distillation unit; it has a nameplate capacity of approximately 2.5 million tons of LSFO per year.
‘We foresee a scramble for middle distillates that will drive crack spreads higher and drag oil prices with it.’
Master and bosun allegedly siphoned MGO of Brightoil 326 in an illegal transaction to a tugboat.
Legal representatives met at the High Court on Tuesday to discuss the discharge of KPMG liquidators from all liability in respect of conduct in the course of winding up, show court documents.
Global sentence adjusts to 80 month’s imprisonment term for both Chang and Koh under application of the Masui sentencing framework; fine of SGD 6.2 million against Chang remains unchanged.
Company has been ranked EIGHTH for 2020; ‘we are humbled and proud to be placed amongst the top ten winners of the Enterprise 50 Awards,’ says Satnam Singh, COO, Sing Fuels.
Mads Bjornebye, Manager of Bunker Services at Teekay Tankers Ltd, shares about the company’s perspective of e-BDNs, bunker purchasing & planning tools, while offering his thoughts on future marine fuels.
Maritime sector may find it increasingly challenging to manage bunker prices, Dennis Ho, Managing Director at ElbOil Singapore tells Singapore bunkering publication Manifold Times.
NBF mulls use of blockchain-based registry of trade finance transactions as secure central database for the banking industry to streamline documentation processes and resolve transparency issues.
