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Singapore: Gealubes strengthens marine bio lubes commercial operations with new Sales Director
Garren Hay will be responsible for sales of the PANOLIN range of Environmentally Acceptable Lubricants for the Singapore sole distributor agent Gealubes Consulting & Trading Pte Ltd.
USD $1.49 million bunker credit sleeving dispute between Goodwood and Southernpec reaches conclusion
Universal Alliance, BMS United, Digiland International, Goodwood Associates, Southernpec (Singapore), and Taigu Energy were involved in alleged circular fictitious trades of fuel oil during July 2015.
DS Norden in USD 2 million claim against Global Energy Trading over alleged off spec bunker fuel
Bunker orders of ISO 8217:2010 spec LS 380 cSt 0.5% for Nord Gemini, Nord Titan, Ocean Rosemary, and Luzern were placed through global commodities trading and logistics house Trafigura Pte Ltd.
Veritas Petroleum Services summarises bunker fuel related issues of 2020 in three main points
While Covid-19 concerns are important, Captain Rahul Choudhuri was quick to note this does not mean bunker fuel related issues have indeed disappeared from the shipping sector.
Malaysia: MASA appeals to Minister of Transport to ‘refine and reconsider’ ban on single hull tankers
‘Therefore, representing the players of the Malaysian bunker industry, we sincerely hope that this matter can be refined and reconsidered immediately so that all parties benefit together,’ says communication.
Helmsman explains US and EU Sanctions: What is the Difference?
Maureen Poh, a Director of Helmsman LLC, offers plain practical tips on the differences between US and EU Sanctions and shares some thoughts on what companies could do if they are potentially exposed to sanctioned entities.