International fuel testing and inspection company VPS, which includes transformer insulating oil testing services in its portfolio, on Thursday (10 June) announced the acquisition of Singapore-based transformer oil sampling and testing company PGI Industries Pte Ltd.
The acquisition is an integral part of VPS’s forward-thinking strategy to better support the power and electricity supply industries in a more sustainable way, explains VPS.
It also expands on VPS’ existing VPS Transoil EU footprint into South East Asia in order to strengthen the company’s global offering.
“The acquisition of PGI Industries will enhance VPS’ preventative maintenance services offered to the power sector, increasing protection and sustainability of the asset,” says Malcolm Cooper, CEO, VPS.
PGI Industries has been providing transformer oil testing services to its South East Asian customers since 1994 from its Accredited Laboratory in Singapore.
“Incorporating PGI Industries valued quality services to the VPS portfolio creates an incredible opportunity to grow and service a larger customer pool in South East Asia,” believes Koh Gek King, CEO, PGI Industries Pte Ltd.
To find out more about this valuable acquisition, VPS’s proactive approach to sustainability and how this unique value offering could benefit you, email Steve Bee, Group Commercial Director, at email@example.com
Photo credit: VPS
Published: 10 June, 2021
Estimated total value of MFO which was erroneously recorded as having been delivered to the receiving vessels across the 14 proceeded CMA charges is US$121,585.60, states court document.
On 5th June 2021, VPS carried out a Remaining On Board (R.O.B.) survey on board a Singapore-registered bunker tanker at short notice by the Charterer and quickly identified the theft of 98 metric tons of bunker fuel.
No quarantine required if vessels have not called at Brazil, India, Nepal, Pakistan, the Philippines and South Africa during the 21 days prior to arrival at Hong Kong port, according to Marine Department notice.
CCIC discuss the progression of MFM technology for bunkering at Singapore port with Manifold Times; and possible development of a primary facility for MFM calibration.
A foreign vessel was involved in an alleged unauthorised STS incident with bunker tanker Pearl Melody on 5 June, Director and General Manager of Consort Bunkers tells Manifold Times.
There are few critical questions needed to be answered by the industry, finds authors of the Nanyang Technological University funded study Bio-LNG – Its Role in Shipping Decarbonisation.