A creditors meeting of Guidance Marine Pte Ltd (Reg. no. 201505940E) has been scheduled for 6 September 2021 at 3:00 p.m., according to a Wednesday (25 August) notice on the Government Gazette.
The purpose of the meeting will be for:
Guidance Marine Pte Ltd is the trading subsidiary of Guidance Marine Ltd (GM), a subsidiary of Wartsila, according to GM’s official website.
The Singapore firm provides local sales and service of CyScan, RadaScan, Mini RadaScan and Artemis spare parts as well as complete system sales, amongst other services.
Photo credit: Benjamin-child
Published: 26 August, 2021
The Asian Freight, Logistics and Supply Chain (AFLAS) Awards is organised by Asia Cargo News, and winners were determined by votes cast by its readers.
Company’s decision to delay scrubber installations due to high freight rates and narrowing of bunker fuel price spreads saved approximately USD 7.6 million.
US high sulphur distillates may prove profitable going into 2020 despite IMO 2020 global sulphur limit.
European banks stepping back from the bunker industry is a cause for concern, and conversations are now about when will more industry consolidation emerge, it said.
According to MPA data, 4.12 million metric tonnes of various bunker fuels were sold at the port of Singapore in February; this is more than 3.87 million mt in February 2020.
‘Maybe there is an opportunity to deploy the second LNG bunker tanker in Singapore,” Timothy Cosulich, CEO and Board Member of Fratelli Cosulich, tells Singapore bunkering publication Manifold Times.
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.
Lead prosecutor Andreas Myllerup Laursen aims for a fine and a prison sentence in the so-called Syria case scheduled to commence in Odense, Denmark on 26 October, writes the Danish publication.
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66 for misdelivery of bunkers.
Bunker barge owners and operators; traders and suppliers; banks, including players in other countries, will have to re-examine respective operations, advises Helmsman Associate Director Jonathan Tan.
Vopak BL was a non-essential document with no contractual force and had no effect as a contract of carriage or as a document of title, states written Judgement issued by Singapore Court of Appeal.
Dwivedi Vivek Kumar ended his tenure as Global Head – Bitumen & Shipping & Regional Head – APAC at GP Global APAC on 10 November 2020 due to internal structuring of the GP Global Group.
