Singapore bunker publication Manifold Times published the following news on 23 November at 2.40 am (Singapore time):
The bunker tanker fleet of Singapore bunker supplier Brightoil Petroleum (S’pore) Pte Ltd has been arrested at Singapore port on Wednesday evening, according to the Singapore High Court.
The following bunkering vessels were placed under arrest at different locations in the republic:
|SB Licence||Vessel Name||Arrest Date||Arrest Time||Location|
|0654G||Brightoil 688||21/11/2018||9.15 pm||Western Petroleum Anchorage|
|0763B||Brightoil 639||21/11/2018||10.00 pm||Pasir Panjang Berth 38|
|0764J||Brightoil 666||21/11/2018||11.50 pm||Raffles Petroleum Anchorage|
|0795J||Brightoil 319||21/11/2018||6.20 pm||Eastern Petroleum ‘B’ Anchorage|
|0801I||Brightoil 326||21/11/2018||6.55 pm||Eastern Petroleum ‘B’ Anchorage|
|0803E||Brightoil 329||21/11/2018||7.30 pm||Eastern Bunkering Anchorage|
Petrolimex Singapore Pte Ltd has submitted a winding up petition against Brightoil Petroleum (S’pore) Pte Ltd at the High Court of Singapore; the hearing of the winding up application is scheduled at 10.00 am (Singapore time) at the Open Court at the Singapore High Court on Friday (23 November).
Hong Kong-listed Brightoil Petroleum (Holdings) Limited, the parent company of Brightoil Petroleum (S’pore) Pte Ltd, on Wednesday announced several developments signalling its return to the shipping sector and reorganisation of debt.
Photo credit: Manifold Times
Published: 23 November, 2018
Garren Hay will be responsible for sales of the PANOLIN range of Environmentally Acceptable Lubricants for the Singapore sole distributor agent Gealubes Consulting & Trading Pte Ltd.
Universal Alliance, BMS United, Digiland International, Goodwood Associates, Southernpec (Singapore), and Taigu Energy were involved in alleged circular fictitious trades of fuel oil during July 2015.
Bunker orders of ISO 8217:2010 spec LS 380 cSt 0.5% for Nord Gemini, Nord Titan, Ocean Rosemary, and Luzern were placed through global commodities trading and logistics house Trafigura Pte Ltd.
While Covid-19 concerns are important, Captain Rahul Choudhuri was quick to note this does not mean bunker fuel related issues have indeed disappeared from the shipping sector.
‘Therefore, representing the players of the Malaysian bunker industry, we sincerely hope that this matter can be refined and reconsidered immediately so that all parties benefit together,’ says communication.
Maureen Poh, a Director of Helmsman LLC, offers plain practical tips on the differences between US and EU Sanctions and shares some thoughts on what companies could do if they are potentially exposed to sanctioned entities.