(EnergyAsia, January 3) — Singapore’s oil trader and bunker supplier Global Energy has bought five bunker vessels from Singapore Shipping Corp for US$19 million. The deal, which marks SSC’s exit from the bunker trading business and allow it to focus on vessel ownership, is expected to be completed on March 15. Subsidiary South Eastern…
SINGAPORE: Global Energy buys five tankers from Singapore Shipping Corp
Posted on January 3, 2006 by EnergyAsia