The Police Coast Guard on Monday (5 February 2018) arrested eleven suspects for an alleged illegal marine gas oil (MGO) transaction earlier in January.
The authority on 19 January initially received a tip off of an unknown foreign vessel selling 200 metric tonnes (mt) of MGO worth SGD $97,000 ($73,000), according to local media.
Initial investigations led the police to a tugboat located off-Bedok jetty which allegedly bought the fuel; this led to the arrest of the tugboat’s nine-member crew.
The police later traced the seller to a Singapore-registered tanker; two of the tanker’s crew were subsequently arrested for selling MGO without their company’s permission to the tugboat.
The eleven suspects, aged between 23 and 45, are scheduled to be charged at a Singapore court on Wednesday (7 February, 2018) under the Criminal Breach of Trust. The group can be jailed for up to 15 years and fined, if convicted.
Published: 6 February, 2018
Avin International LTD, and Nicos I.V. Special Maritime Enterprises, pleaded guilty on Monday.
Panama-registered tanker ship was arrested by the Malaysian Maritime Enforcement Agency for alleged illegally anchoring at Tanjung Kelesa, Johor.
‘The total amount of gratification involved is the highest ever in a local corruption case and there was a sustained period of offending,’ said CPIB DPP at the State Courts of Singapore.
Reconnaissance Task Force No.2 discovered ‘modified’ fishing vessel BTr 99996 behaving suspiciously at the Binh Thuan sea area on 30 March.
Over 15 years, Vitol paid millions of dollars in bribes to obtain improper advantages that resulted in significant illicit profits for the company, said U.S. DoJ.
Trading volumes of jet fuel by Bunker Holding subsidiary might be three times bigger than expected, reports DR.
‘We are happy to sit down with interested parties to discuss this opportunity, and share more details of our business regarding STS transhipment and storage with potential clients upon request,’ states Managing Director.
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.
