Ocean Intelligence
Credit crunch hits Singapore
Bunker industry hit by weakening demand and rising number of disputes.

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Comments on this Article

Duncan Jeffcock
Voyager Maritime Payment Systems
26th February 2009
Suppliers are continually looking to the more traditional methods of raising finance for their business which is reliant on their declining creditworthiness in a falling market. This strategy is sure to be problematic. If they fund their business on the strength of their customers creditworthiness they would find that their financing cost would fall and profitability would rise. Third party financial support is available for this sector to build business in these turbulent times.
William Preusch
Bunkers International Corp
25th February 2009
You have wet my apetite regarding the Scandinavian Bunkering
lawsuit aginst MISC. Unfortunately the paragraph does not elaborate on what the lawsuit is really about. We have heard some rumors in the market but some real facts would be welcome.
Lee Hong Liang
26th February 2009
You can refer to the story on the law suit using this link:

http://www.bunkerworld.com/news/i75237/S...

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