A Singapore court on Tuesday issued new charges to several suspects involved in an alleged case of stolen marine gas oil (MGO) from Shell Pulau Bukom refinery at Singapore, according to documents obtained by Manifold Times.
Vietnamese national Nguyen Duc Quang faced three more charges of dishonestly receiving 3,321 metric tonnes (mt) of MGO worth $1.56 million, while Alan Tan Cheng Chuan faced a third charge for dishonestly receiving 517.8 mt of MGO valued at $295,216.
Bunker surveyor Muhammad Ali bin Muhammad Nor faced six new charges for working with five former Shell employees to steal 6,777 mt of MGO worth $3.27million.
Former Shell employees Juandi Pungot, Muzaffar Ali Khan Muhamad Akram, Cai Zhi Zhong, Tiah Kok Hwee, and Koh Choon Wei were issued five new charges for misappropriating approximately 6,062 metric tonnes (mt) of MGO worth about $2.8 million.
Three other ex-Shell employees Abdul Latif Ibrahim, Richard Goh Chee Keong and Mohd Ibrahim K. Abdul Majid faced two more charges for misappropriating approximately 2,569 mt of MGO worth about $1.4 million.
Vietnamese nationals Nguyen Duc Quang, Doan Xuan Than and Dang Van Hanh still currently under detention; the remaining men have been offered bail.
Related: Shell Singapore oil heist: Nine charged offered bail
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Publication date: 22 February, 2018
The country recorded a 2,000% increase in bonded MGO sales but finds most product routed back to domestic market, says government official.
Bank of America, N.A., Singapore Branch took admiralty action against Ocean Tankers after a winding up order against the firm on August 2021.
MPA also currently investigating Inter-Pacific for breach of T&C of Bunker Supplier Licence.
Koh Seng Lee disagrees with allegations by Deputy Public Prosecutor, including claim he hid fact PPT hired barges from New Maritime.
Concludes ‘no explanation’ as to the root cause of contaminated marine fuel, despite issues with vessels.
FTI Consulting has cautioned the group’s creditors that they could realistically forecast a recovery rate of 0% to 27.5% of their exposure, reports Bloomberg.
Top three positive movers in 2021 were Hong Lam Fuels Pte Ltd (+14); Sirius Marine Pte Ltd (+12); and TFG Marine (+11); according to the latest data from the Maritime and Port Authority of Singapore.
Webinar will offer delegates insights on the prevention of operational issues when using VLSFOs, along with an update on biofuels and bunker fuel quality trends for 2021 and its forecast for the current year.
Heating VLSFOs to prevent cold flow issues causes issues related to distillate ageing, and there is a gentle balance to be maintained when handling the product.
Research into n-paraffin distribution of VLSFOs has shown that they not only differ from MGO, but significantly differ from each other as well, states bulletin.
Bunker Holding and Dan-Bunkering have decided not to appeal the city court ruling in the case where the companies were on trial for breaching EU sanctions against Syria, states USTC.
Poll shows market participants think Singapore’s future as a bunkering hub in the near term will be impacted most by growth in alternative bunker fuels and intensifying competition from other ports in Asia.
