Lars Møller (photo), head of OW Bunker's controversial subsidiary Dynamic Oil Trading (DOT) in Singapore, who has been accused of fraud for USD 125 million and who was highly instrumental in the collapse of the whole group, is now hitting back against the persistent claims that he - acting alone and without senior management knowing about it - provided massive credits to customers in Singapore.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
Maersk fires additional employees for harassment after internal investigation
A wide-scale internal investigation into sexual harassment at Maersk has led to several new cases and dismissals. The shipping major has launched a cultural transformation program to fight the issue.
300 ageing tankers to ensure flow of embargo-stricken oil from Russia
On Dec. 5, all Russian crude oil will be banned in the EU. But oil from the warring country will still flow into the world market, and both the EU embargo and price cap can be circumvented, predicts sanctions lawyer.
US passes new law preventing railway strike and chaos in supply chains
Nationwide railway strike in US thwarted. It was set to begin on Dec. 9 damaging cargo shipments and passenger traffic severely, and would have cost the US economy USD 2bn a day.
Russian ships ferried several thousand tonnes of stolen Ukrainian grain
Several ships linked to Russia’s largest grain trader has ferried several thousand tonnes of stolen Ukrainian grain, according to Wall Street Journal.
Dof files for reconstruction after failing to land rescue plan
The crisis-stricken offshore operator has asked Norwegian courts to commence a reconstruction process after having failed to land the proposed restructuring plan.
Payroll Controller 
Consultant to the maritime industry 
Transition Analyst 
Head of Sales and Marketing 
Head of Offshore Foundations Projects - offshore wind farm construction 
Accountant - Creditor and Payment. Nordhavn, Copenhagen