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Paxocean, Hong Lam Marine and Bureau Veritas partner to develop design for ammonia bunker vessel

PaxOcean Engineering Pte. Ltd. has signed a Memorandum of Understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine and classification society Bureau Veritas (BV) jointly to develop an ammonia bunker vessel design. With the signing of this MOU, PaxOcean will focus on developing designs for ammonia-fueled and ammonia bunkering...
Singapore General Bureau Veritas Kuok Singapore Port Authority Of Singapore Paxocean Engineering Hong Lam Marine

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Bank wants to sell PacStar hotel, Island Equipment, citing bad loan

Bank wants to sell PacStar hotel, Island Equipment, citing bad loan By Steve Limtiaco The Bank of Guam plans to sell the Pacific Star Hotel and Island Equipment Company this week, after business owner Guam Industrial Services defaulted on a $32 million loan from the bank, according to documents filed in the Superior Court of Guam. Guam Industrial Services last week petitioned the court for a temporary restraining order, stopping the sale. Judge Arthur Barcinas held a hearing on the petition Mon...
City Of United Kingdom United States Mathews Pothen Anita Arriola Arthur Barcinas

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