The Singapore Police Coast Guard (PCG) has arrested another 11 men, aged between 21 and 40, for suspected involvement in an illegal transaction of Marine Gas Oil (MGO), it says.
On 19 January 2018, PCG received information that an unknown foreign registered vessel was believed to be involved in an illegal sale of 200 metric tonnes (mt) of MGO, which has an estimated market value of S$97,000 ($73,306).
PCG later arrested 11 crew members of the foreign registered vessel for their suspected involvement in the case on 5 February 2018; they were charged in court for Criminal Breach of Trust as Servant on 7 February 2018.
Through further investigations, PCG has arrested another nine foreign crew members of a Singapore registered vessel and two Singaporean men for misappropriating the MGO without the company’s knowledge and selling it to a foreign registered tugboat.
The eleven men were charged in court on 10 February 2017 with the offence of Criminal Breach of Trust as Servant punishable under section 408 of the Penal Code, Chapter 224.
Related: Eleven arrested in illegal MGO transaction
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Published: 13 February, 2018
Southernpec claimed disputed loadings for 200 mt of MGO and 19,300 mt of HFO were done without its request, according to court documents.
Former Technical Manager was slapped with a total five charges including three counts of unlawfully receiving SGD 59,750 to advance a contractors’ business interest.
Meeting of creditors scheduled by electronic means scheduled to start on 19 May 2021 at 3.00 p.m. for receiving creditor list and estimated amounts of claims.
Company believes market and business partners ‘likely to have greater confidence and comfort in continuing business dealings’ if placed under judicial management, says Director.
Oil tanker numbered BT 98144TS was discovered by Command of the Coast Guard Region 3 to be behaving suspiciously at 2.30 pm on Thursday 2, April.
Former Regional Marine Manager of BP Singapore issued penalty of SGD 6 million; he faces an additional 28-month imprisonment term if penalty is not paid, says Judge.
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.
