ExxonMobil Sues GP Global for 2.8$ Million Bunker Claim

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  • ExxonMobil Asia Pacific Pte. Ltd., is in the midst of a bunker claim against GP Global APAC Pte. Ltd. at the High Court of the Republic of Singapore.
  • It is seeking a total bunker claim of USD 2.8 million from 13 invoices; seven are under a Term Sales Contract entered and six are under Spot Contracts.

ExxonMobil Asia Pacific Pte. Ltd., a supplier of marine fuels at Singapore port, is in the midst of a bunker claim against international bunker trading firm GP Global APAC Pte. Ltd. at the High Court of the Republic of Singapore, reports Manifold Times.

Bunker claim from invoices 

It is seeking a total bunker claim of USD 2.8 million (exact: USD 2,824,009.42) from 13 invoices; seven are under a Term Sales Contract entered on 30 April 2020 and six are under Spot Contracts, according to documents obtained by the Singapore bunkering publication from the court.

The USD 2.8 million is after deduction from the original bunker claim of USD 3.2 million, which GP Global APAC has made an earlier partial payment of USD 405,968 towards one invoice.

Pre-trial conference

Lawyers representing both parties will be present at a pre-trial conference on 29 October, 2020 to present their respective cases.

GP Global has lately been under the spotlight due to several issues.

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Source: Manifold Times

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