Singapore- based multinational commodity trading company Trafigura Pte Ltd is purportedly under investigations by U.S. authorities in relation to corruption and market manipulation in oil trading.
The effort is led by Washington-based Commodities and Futures Trading Commission (CFTC) and probes will include Trafigura’s operations in South America, according to a report by The Guardian.
This investigation comes 18 months after it was revealed that Trafigura had allegedly been mentioned in Brazil’s massive “Car Wash” corruption probe. However, it is unclear whether the two investigations are linked.
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Published: 2 June, 2020
Session will provide insights on bunker quality issues from a bunker supplier, shipping company and surveyor, as well as providing insight and guidance on legal and dispute resolution issues.
Gealubes Consulting & Trading, the authorised marine business distributor of PANOLIN EALs at Singapore port, shares a two-part education series on Environmentally Acceptable Lubricants on Manifold Times.
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