Maersk Tankers takes $40m hit in legal battle linked to collapsed empire of tycoon OK Lim
Danish owner admitted it had discharged gasoil without presenting original bills of lading in dispute with United Overseas Bank
tankers
Eletson sails out of bankruptcy court with Murchison backstop and no debt
Tanker owner emerges with no debt and new leadership
Eletson sails out of bankruptcy court with Murchison backstop and no debt Read More »
Eletson sails out of bankruptcy court with a hedge fund backer, a new chief executive and no debt
Tanker owner emerges with no debt and new leadership
Trafigura funnelled shipping bribes through ‘Mr Non-Compliant’, claims court filing
Trading and shipowning giant’s former parent company faces Swiss trial on 2 December
Trafigura funnelled shipping bribes through ‘Mr Non-Compliant’, claims court filing Read More »
Tankers in for ‘a winter of discontent’ as China reshuffles declining imports
World’s largest oil importer is finding new sources for its smaller needs
Tankers in for ‘a winter of discontent’ as China reshuffles declining imports Read More »