Court documents show a total of 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.
The stolen oil was loaded onto three tankers, namely Prime South, Sentek 26 and MT Gaea, which travelled over Asia over the last three months, according to Thomson Reuters.
Investigations showed the theft occurring over a period of three and a half months during normal working hours of the refinery.
Reuters provided a breakdown of the incident dates, volume of gasoil stolen and value of the product:
Related: Intertek Singapore employee among Shell oil heist suspects
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
Alvarez & Marsal (SE Asia) Pte. Ltd. appointed as joint and several liquidators of the firms for winding up the affairs and distributing the assets of the companies.
Letter of demand was sent to New Regal Marine on 29 June 2018 claiming outstanding balance of SGD 701,900, but request was unanswered, alleges CV Star Formula.
Valero sold contaminated bunkers to more than 150 vessels in Texas from 1 January to 31 May 2018, it claims.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
Vessel arrested on Wednesday afternoon at Western Petroleum Anchorage, according to Singapore court.
Former Head of IT at Petro-Diamond sentenced to a SGD 7,500 fine and a SGD 3,000 penalty for corruptly accepting SGD 3,000 from a vendor.
Firm hopes to leverage partnership in Greece as a springboard to expand into neighbouring and overseas markets including Europe and China, says Robin Van Elderen, Regional Head Bunkers, Europe, Sing Fuels.
Singapore can help less developed countries in SouthEast Asia through ‘piloting and scaling fuels and technology as well as a leading hub for green finance’, said DNV Group President and CEO Remi Eriksen.
Octamar™ Ultra HF, Octamar™ Complete, and Octamar™ F35C were found to have improved the fuel economy while reducing exhaust gas and other emissions of marine engines in a series of trials, states report.
Disposal of evidence has resulted in Singapore not being able to provide full details to the United Nationals Panel of Experts which sought information regarding the case, says Ministry of Foreign Affairs.
‘We are proud to be amongst the first to show the successful steps taken by Singapore’s bunkering ecosystem to remain forward thinking and relevant,’ Choong Sheen Mao, Director of EMF, tells Manifold Times.
‘With the launch of a common data infrastructure, Kenoil aims to continue achieving an end to end visibility and transparency on the bunker data supply chain,’ states Kenoil Managing Director.
