Maersk Engine Failure Case Brings 2018 Bunker Contamination Crisis to Court
by Ship & Bunker News Team
Monday February 8, 2021 Logistics giant
Glencore over an alleged bunker fuel contamination that it claims caused an engine failure in
2018.
Pacific in March 2018, having to be towed to
Hawaii. Maersk alleges fuel supplied by Glencore caused this, as well as pump damage in the
Maersk Aras, news agency Maersk had received the fuel in an exchange of 24,000 gallons of bunkers between the two companies in
Panama in
February 2018, Bloomberg said. Tests of the fuel found contaminants including plastic fibers, black hum, paraffins and fatty acids, Bloomberg cited the complaint as saying.
By Reuters Staff
4 Min Read
JOHANNESBURG (Reuters) - A Lebanese shipbuilder at the centre of a $2 billion debt scandal in Mozambique said it made payments to its now-president and ruling party in 2014, but said these were legal campaign donations not bribes, according to a London court filing. Mozambique s President Filipe Nyusi speaks with the press in Mozambique, October, 15, 2019. REUTERS/Grant Lee Neuenburg/File Photo
Privinvest said payments made to President Filipe Nyusi in the run-up to his election and to the Frelimo party were allowed under Mozambican law, according to the Jan. 15 filing at London’s High Court.
The case relates to a series of tuna fishing, maritime security and shipbuilding projects in which Privinvest was the sole contractor and for which Mozambique borrowed $2 billion between 2013 and 2014, provided or arranged by banks including Credit Suisse. Nyusi was defence minister at the time the projects were agreed.
Credit ratings agency Fitch said on
Monday it had kept Japan s sovereign rating at A with a negative outlook, as the COVID-19 pandemic posed downside
risks to the country s economic and fiscal. | February 11, 2021
Sea Oil Petroleum Acquires Norwegian Bunker Trader Pro Fuels
by Ship & Bunker News Team
Monday February 8, 2021
Singapore-based Norwegian trading firm
Pro Fuels, kicking off what is expected to be a year of significant consolidation in the bunker industry. Sea Oil Petroleum is the Singapore subsidiary of
Bangkok-based Pro Fuels, established in Norway in
2018, will be renamed Sea Oil Petroleum AS and its employees will remain with the company, Sea Oil said in an emailed statement on Monday. Their addition to the team will allow us to reach out to new markets which is an important part of Sea Oil s expansion strategy,