Singapore bunker player in financial difficulty


Singapore: Singapore bunker supplier Baxus Marine has been hit by more than $16m in claims from six companies as it struggles financially, according to court documents seen by Platts yesterday.

Baxus Marine’s six creditors are OPET Trade (Singapore), OceanConnect Marine, United Bunkering & Trading (Asia), Global Energy Trading, Singamas Marketing, and I&C International. Baxus Marine’s court case is scheduled for tomorrow.  [08/11/12]

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