The following press release was issued by Sing Fuels on Monday:
It gives us pleasure to announce the appointment of Krishnamachari (Krish) as our Director, Finance & Operations. Krish will be based out of Singapore and head Sing Fuels’ Finance & Operations team globally.
Krishnamachari’s Professional Profile:
Krish is a Qualified Chartered Accountant and has over Three & Half Decades of working experience in India, Middle East and Singapore. He has held CFO and VP (Finance) positions with MNCs across industries and was lastly with Hewlett Packard as Director (Finance) in Singapore / Malaysia. During his career, he has led several Business Turn Around initiatives and been actively involved in M&A Projects, ensuring seamless transfer of business under new management. Krish has handled Treasury, Corporate & Tax Planning Functions with hands-on experience in Transfer Pricing, Corporate Taxation and GST.
In the last 3 years, he was providing CFO Services, which included Consulting SMEs across Industries in Singapore. His specialization includes Process Reviews, FP&A, Working Capital Management, MIS Reporting, M&A etc. Krish has authored books titled “Working Capital Management” and “A Controllers Handbook” to help aspiring Finance Controllers.
Krish is based out of Singapore with his wife and two sons, who are graduate engineers and are working with established companies.
Krish joined Sing Fuels Full-Time as Director (Finance & Operations) on 1st August 2018. We are confident that the company will benefit immensely from his vast experience.
Krish’s contact details:
Name: Krishnamachari Srinivasan (Krish)
Title: Director, Finance & Operations
Mobile: +65 8799 3696
Email: krish@singfuels.com
Credentials:
Cost & Works Accountant
ICWAI, India
Chartered Accountant
ICAI, India
Bachelor of Commence
University of Madras
Photo credit: Sing Fuels
Published: 14 August, 2018
Strong winds and epidemic have resulted in Zhoushan bunker supply at Zhoushan being tight until 3 to 5 days after 20 March, shares local source.
The Singapore-based company is fully operational with staff and a new office at Hong Kong, learns Manifold Times.
MDS Transmodal launches on-line BAF Calculator to increase bunker cost transparency for shippers and lines.
Availability 'super tight' across ARA and Med ports; weather delays Gibraltar Strait bunkering; ARA’s gasoil inventories close to eight-year lows.
Analysing a diverse range of data predicting diminishing losses at varying paces, Integr8 Fuels says it is likely VLSFO prices will remain below $300/ton for the next 12 months.
230 vessels, 1.44 million TEUs, 85 service loops, 200 ports shared between ‘K’ Line, Mitsui, NYK Shipping.
Cash of SGD 4.43 million and USD 243,100, and one piece of 100-gram gold-coloured bar recovered in safe belonging to Abdul Latif Bin Ibrahim kept at Extra Space warehouse storage facility, show court documents.
Program introduces periodic assessments, mass flow metering data analysis, and regular training for relevant key personnel to better handle the MFMS to ensure a high level of continuous operational competency.
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
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.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.
