Tag: Glencore

MPA: Oil Major’s Bunkering Licence Suspended Over Fuel Contamination

The Maritime and Port Authority of Singapore (MPA) said it will suspend Glencore Singapore's bunkering licence for two months after the company was found...

Glencore Schemes Manipulated Platts Price Benchmarks

Glencore’s settlement with DOJ and the CFTC revealed a plethora of manipulative, deceptive and corrupt conduct, which spanned from at least 2007 to 2018...

Global Trading And Mining Giant To Pay $1.1b Fine

As the global commodity trading and mining giant admits its years-long involvement in foreign bribery cases as well as bunker fuel price manipulation at...

United Arab Emirates – First To Load Tainted Fuel

According to Singapore authorities, the tainted fuel discovered in Singapore this year and sold to many ships was first loaded onto a tanker in...

Glencore and Cheniere Sign LNG Long-Term SPA

Glencore's subsidiaries and Cheniere Marketing, LLC (“Cheniere Marketing”) have entered a binding liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”), says a press...

Ex-Glencore Trader Charged With Oil Price Manipulation

A former Glencore Plc trader was charged by U.S. authorities with conspiracy to manipulate a key oil price benchmark, the latest sign that prosecutors around the world...

Glencore Faces $6m Claim From Maersk Over Off-spec Fuel

Container shipping giant Maersk has filed suit alleging that fuel supplied to it as part of an oil swap deal was contaminated. The...

Maersk Sues Glencore Over Contaminated Bunkers

Maersk accuses Glencore of having supplied low quality bunker for two of its container ships in 2018. The ships subsequently experienced engine problems,...

Diana Shipping Inc. Announces Time Charter With Glencore

  Diana Shipping Inc. has entered into a time charter contract for m/v Artemis with Glencore, says a press release published on their website. Time charter...

Diana Shipping Inc. Announces Time Charter Contract With Glencore

Diana Shipping Inc. announces time charter contract for m/v Crystalia with Glencore, says a press release published on their website. About the contract Diana Shipping Inc....
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