Compliance Costs

Sep 24

1Oilmar Owner Arrested in Azerbaijan

Oilmar's management is now in the process of taking over ownership of the company, CEO Yusif Mammadov said in a note to clients seen by Ship & Bunker.
Sep 23

2Bunker Holding Names Peder Møller as New CEO

Peder Møller will take over as CEO of the world's largest marine fuels firm on October 6, succeeding Keld R. Demant.
Sep 22

3EU Proposes Adding 118 Ships to Russian Sanctions List

The EU's new sanctions plan targets 118 ships and oil buyers in third countries, including China.
Sep 23

4Sing Fuels Hires Houston-Based Head of Americas From Oilmar

The new hire was previously a marine fuels trader for Oilmar in Houston from November 2023 to this month.
Sep 23

5X-Press Feeders Refuses to Pay $250 Million Ordered by Sri Lankan Court

In July, Sri Lanka's Supreme Court ordered a $1 billion payment over the 2021 X-Press Pearl disaster.

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