Taiwan-based Billions Bunker Group has been reportedly de-registered from the corporate registry of the Marshall Islands.
The company allegedly chartered tanker Lighthouse Winmore to deliver bunker fuel to a North Korean vessel, along with other ships.
“The Trust Company of the Marshall Islands Inc. or TCMI and the Republic of the Marshall Islands government received a request for information concerning the Billions Bunker Group Corporation, a Marshall Islands corporation, from the Taiwanese government,” said Trust Company manager James Myazoe.
“TCMI is aware of a few reports relating this Marshall Islands-registered corporation to the Taiwan-based Billions Bunker Group which has been implicated in illegal ship-to-ship transfers of petroleum products for the benefit of North Korea.
“While TCMI has had no information from international authorities implicating the Marshall Islands corporation, TCMI is annulling the corporation due to its reported affiliation with Billions Bunker Group.”
TCMI is currently assisting Taiwanese authorities in investigations.
Publication date: 8 January, 2018
‘2020 was a challenging yet rewarding year. We owe the success of our merger to our dedicated, skilful and agile team,’ said CEO Søren Høll.
Pegasus allowed an unlicensed craft operator to use its bunker craft to make bunker deliveries, says MPA.
Liang will be President & CEO of Total Oil Asia Pacific for its Marketing & Services Division, Asia Pacific and Middle East region as well as Singapore’s Country Chair.
For the first time, some sea-going vessels bunkered methanol and from the summer of 2023 sea-going vessels will arrive on a regular basis to bunker this fuel.
Coastal Sustainability Alliance’s plan to electrify harbour craft will contribute to the efforts under MPA’s Maritime Singapore Decarbonisation Blueprint 2050.
Prices of VLSFO bunkers in Singapore on the spot market have been in a wide range of up to $30/t due to tightness in cargo market, depending on delivery dates.
‘Economics of the shipping market will be the key driver enabling methanol to be adopted at a higher pace going forth over next couple years as market begins to return to more normal rates,’ states COO.
Integr8 Fuel injunction varied by Singapore Court to allow former employees to start work at Hartree Group in December 2022 following failure to produce evidence on biofuels development plans.
Variability of sources can affect the stability and performance of biofuel bunkers produced from these feedstocks, in turn leading to difficulties in meeting regulations and industry standards, shares Bryan Quek.
Top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6); newcomer Sinopec Fuel Oil (Singapore) gets 19th spot.
Livestock carrier also involved in earlier bunker claim with Glander International Bunkering due to remaining unpaid fuel bill of approximately USD 116,000, according to court documents obtained by Manifold Times.
A blend of standard MGO and biodiesel, MGO B20 is distributed at the company’s floating kiosk CNC 5 which is located off the buoy of West Coast Pier; PS Energy has been stamped with globally recognised ISCC.
