Olieselskabet Shell er blevet udsat for et omfattende tyveri af olie fra sit raffinaderi i Singapore. Flere personer er blevet anholdt og sigtet, herunder tidligere ansatte på raffinaderi. Samtidig er et stort dollarbeløb blevet konfiskeret.
Prices in the world's top bunker port in Singapore, which looks on track for a new record year in sold volumes, have increased during 2017. This development shows that the monitoring of bunker suppliers is working, a tanker owner as well as sources in Singapore tell ShippingWatch.
Prime Minister of Denmark, Lars Løkke Rasmussen, will make an official state visit to Singapore where a maritime agenda will make up a large part of his talks in one of the world's most important maritime nations.
This is a new version replacing the original article about the bunker industry in Singapore in the wake of the introduction of flow meters January 1 this year. It is stressed that commercial reasons are behind bunker company Aegean's decision to exit the port as physical supplier, and that it cannot be linked to the struggle against bunker fraud. ShippingWatch apologizes to Aegean and our readers for the misunderstandings the original article may have caused.
After close to a year's work, Singapore's Maritime and Port Authority has presented the initiative aimed at maintaining the island state's status as the key maritime hub in Asia. Read the strategy here and learn the five focal points.
Ezion, another one of Singapore's offshore companies, has filed for insolvency, and trading of the company's shares has been suspended. Shipping service company Marco Polo's shares have been suspended since May, and the company's latest interim report does not bode well for the future.
The International Bunker Industry Association praises the Maritime and Port Authority of Singapore for suspending violators from the major bunkering port, and the association is working with Singaporean players to close loopholes associated with bunker fraud.
Several vessels loaded with LPG cargoes are idle off the coast of Singapore, waiting for better prices on the liquefied petroleum gas. However, the situation is not as severe as last year, writes Reuters.
Two managers from J. Lauritzen's office in Singapore have switched to competitor Baltnav, which is set to open an office there in early September this year. This marks the latest in a series of changes in J. Lauritzen's organisation.
Yet another company under Singapore's once-booming offshore company Ezra has collapsed. Subsidiary Lewek Champion, with the offshore vessel of the same name, has been declared bankrupt by Singapore's high court.