Dan-Bunkering on Tuesday (14 December) released a statement regarding the city court of Odense’s ruling against the company, Bunker Holding and Bunker Holding’s CEO:
Today, in the city court of Odense the verdict was made in the case against Dan-Bunkering, Bunker Holding and Bunker Holding’s CEO, who were indicted of having breached EU sanctions in Syria.
The court has not found that any of the defendants acted with direct intent to violate EU sanctions.
Regarding Dan-Bunkering the court has found that the employees of Dan-Bunkering’s Russian office in Kaliningrad, who executed the trades, ought to have known that there was a possibility that Dan-Bunkering’s Russian client was going to use the fuel in violation of EU sanctions.
The court, on the other hand, found no evidence that neither Bunker Holding nor its CEO deliberately acted in violation of EU sanctions, but rather acted with unintentional negligence in relation to the smaller number of trades completed in the spring of 2017.
Dan-Bunkering notes that the fine levied against the company was a tenth of what the prosecutor had called for, just as Bunker Holding’s fine was reduced to 1/20 of the prosecutor’s demand. In addition, Bunker Holding’s CEO was given a significantly reduced sentence compared to the prosecution’s demand.
This is a very complicated case, which is also being reflected in the fact that the judges were not able to reach consensus about the Dan-Bunkering intentions. This question was settled with the votes 2-1.
Dan-Bunkering, Bunker Holding, and Bunker Holding’s CEO have from the beginning of the legal process taken the accusations very seriously. Therefore, we will now take the necessary time to consider and evaluate the verdict and the premises of the verdict thoroughly before making any decision of whether to appeal to a higher court.
Note: Earlier Manifold Times coverage regarding Bunker Holding/Dan-Bunkering’s breaches of EU sanctions can be found below:
Related: Dan-Bunkering, Bunker Holding and CEO guilty of Syria sanctions violations; fined USD 5.17 million in total
Related: Dan-Bunkering trial: Defence lawyer pleads for full acquittal of clients in court
Related: Dan-Bunkering trial: Court denies request sending case to European Court of Justice
Related: Dan-Bunkering trial: Denmark also bombed Syria, confirms defence counsel
Related: Dan-Bunkering trial: Prosecutors question Bunker Holding CEO Keld Demant
Related: Dan-Bunkering trial: Prosecution examines revealing email to Group Directors
Related: Dan-Bunkering trial: Hearing resumes after accusation of impartiality
Related: Dan-Bunkering trial: Hearing temporarily suspended due to impartiality
Related: Prominent prosecutor to lead spectacular lawsuit against Dan-Bunkering
Related: Bunker Holding: ‘No signs’ in alleged breach of EU sanctions post internal investigation
Related: Experts: Bunker Holding alleged jet fuel sale significant to outcome of Syrian War
Related: Bunker Holding ‘surprised’ at fuel sale charge; maintains ‘full confidence’ in Group CEO
Related: Danish prosecutor proposes jail sentence for Bunker Holding Group CEO over jet fuel sale
Related: Bunker Holding & Dan Bunkering allegedly charged over EU sanctions violations
Related: Dan Bunkering ‘surprised’ SØIK has pressed charges over alleged EU sanction violations
Related: Dan-Bunkering: Everything has been investigated – the case should be closed
Related: Name ban on parties involved with Dan-Bunkering Syrian jet fuel deal lifted
Related: Dan-Bunkering Middelfart office searched by commercial crimes police
Related: Firm linked to alleged Dan-Bunkering Syrian war activities under sanction
Related: Update: Dan-Bunkering Syria jet fuel supply ops allegedly longer than thought
Related: Dan-Bunkering faces preliminary charges by SOIK with violation of EU Syria sanctions
Related: Investigations on Dan-Bunkering over alleged Syrian jet fuel deal start
Related: Danske Bank casts doubts on Dan-Bunkering reason for Syria investigation
Related: Danske Bank reported Dan-Bunkering to police in EU sanctions case
Related: Bunker company acknowledges flawed statement in EU sanctions case
Related: Unioil Supply dragged into Dan-Bunkering sanctions allegations
Related: Dan-Bunkering has not violated EU’s sanctions against Syria, it insists
Related: Nordea highlights stance on compliance after Dan-Bunkering discovery
Related: Danish media alleges Dan-Bunkering jet fuel deliveries during Syria war
Photo credit: Dan-Bunkering
Published: 15 December, 2021
Commencement of operation services at East Malaysia terminal effective 1 April 2020 onwards over a period of six years, notes board in statement.
Marine fuel sales at Panama Canal totalled 331,062 mt in February, according to Panama Maritime Authority.
To continue providing marine high speed diesel bunkering services at the Port of Kemaman, it says.
‘We do not have ships that run on alternative fuel now due to the lack of infrastructure of alternative fuels, so we focus on reducing consumption,’ said CSO.
To ‘process crude oil and blend fuel oil’ and allow for third party merchant storage at acquired facility.
Hires Neil Lamerton as its UK Representative and introduces bunker traders at its Singapore office.
Digitalisation makes it easier for shipowners to conform to growing external regulations such as new sulphur regulations and ‘no scrubber’ zones; operators can identify better bunkering options to reduce costs.
‘We’ll start the application [to MPA] before the end of 2022 and hopefully to receive approval within six months or sooner,’ L. Y. Hwang, Director / General Manager of Oval Asia Pacific Pte Ltd, tells Manifold Times.
Rob Ashton, Market Manager of Infineum, explains how Infineum B402 is a relatively easy way for a ship operator to positively influence a vessel’s CII rating while improving its bunker fuel consumption performance.
Eventual adoption of Digital Bunker Document Standard speeds up interoperability between stakeholders from both public and private sectors, learns Singapore bunkering publication Manifold Times.
ISO delegates represented seven countries and were in Singapore to attend a three-day meeting of ISO WG13 to develop two new ISO bunkering standards, learns Singapore bunkering publication Manifold Times.
Cai Zhi Zhong received a total of about USD 1.3m to USD 1.6m, of which he saved a portion and spent the rest, including on property, cars and watches, according to court documents obtained by Manifold Times.
