It seems appropriate to get all biblical this week, just after Easter. When Saint Paul wrote in his letter to the Galatians that “a man reaps what he sows,” he probably wasn’t thinking about corruption in the oil and gas industry two millennia later. But the last month has seen no less than four...
Glencore
COLUMN | More hostages of fortune: Equatorial Guinea convicts SBM workers as Toxic Teddy’s revenge for another yacht arrest [Offshore Accounts]
When we covered the gross injustice of the case of Heroic Idun, where the 26-strong crew of a tanker were detained in Nigeria for many months on trumped up charges until ..
Rare Shipment Of U.S. Oil Heads To South Africa
HOUSTON, May 19 (Reuters) – A shipment of U.S. oil is headed to South Africa for the first time in two years and destined for a Glencore-owned refinery in Cape Town that…
https://gcaptain.com/rare-shipment-of-u-s-oil-heads-to-south-africa/
COLUMN | Namcor’s woes as chair arrested for drugs and managing director suspended over Angolan deal: will Namibia emulate Nigeria or Norway? [Offshore Accounts]
This Easter, after looking at three companies that experienced miracles last week, we move to an entire country that stands on the cusp of a miraculous transformation: Na ..
COLUMN | The Metals Company: dilution in action as founders file to sell their shares in the seabed miner [Offshore Accounts]
What did we spy on the last trading day before Christmas 2022? Not Santa sliding down a chimney, but shares in a leading subsea mining company sliding hard to a record lo ..
COLUMN | Quick updates: historic corruption in Nigeria and fraud in India: The Metals Company pilot tests Hidden Gem; Ocean Infinity’s Armada at sea and Red Rock sold; Cadeler raises more cash [Offshore Accounts]
Time for a quick and dirty look at three of our favourite topics – corruption in oil and gas, new marine technology, and the wind industry. Just to be clear, there is n ..
COLUMN | Holiday Shorts Part Two: books and music [Offshore Accounts]
As the out of office messages continue to ping back, and the summer holiday season draws on, it’s time to share a few more ideas for poolside reading or beachside liste ..
The post COLUMN | Holiday Shorts Part Two: books and music [Offshore Accounts] appeared first on Baird Maritime.
Singapore Suspends Glencore Unit’s Bunker License Over Contaminated Fuel Supply
A Singaporean unit of commodities trading giant Glencore has had its bunker supplier licence suspended for two months after an investigation revealed that it intentionally supplied contaminated fuel to ships…
https://gcaptain.com/singapore-suspends-glencores-bunker-license-over-contaminated-fuel-supply/
Contaminated fuel: MPA suspends bunker supplier’s license for 2 months
The Maritime and Port Authority of Singapore (MPA) has concluded its investigation of the incident this year that first came to light when leading marine fuel testing provider VPS said it had identified 60 vessels that had bunkered high sulfur fuel oil (HFSO) contaminated with chlorinated hydrocarbons. Each of these deliveries were made from two suppliers and 12 delivery barges in the Port of Singapore, between mid-February to mid-March 2022. They contained up to 2,000 ppm of chlorinated...
Singapore to suspend Glencore’s bunkering licence over fuel contamination role
The Maritime and Port Authority of Singapore (MPA) has decided to suspend Glencore’s bunkering […]
The post Singapore to suspend Glencore’s bunkering licence over fuel contamination role appeared first on Offshore Energy.