PT Pertamina Shipping Subholding Company Revealed

(PT Pertamina, 6.May.2021) — State-Owned Enterprises (SOE) Minister, Erick Thohir, unveils PT Pertamina (Persero)‘s first shipping subholding company, PT Pertamina International Shipping (PT PIS).  Minister Thohir made the announcement during an inauguration ceremony on Wednesday, May 5, 2021. The Minister stated that the inauguration was the first big step for PT PIS […]

Tankers With Venezuelan Oil Unable To Unload

(Sputnik, 24.Jun.2020) — Earlier this month, the US Treasury Department announced that it was imposing Venezuela-related sanctions against four companies and four oil tankers belonging to these entities over their alleged involvement in the oil trade with the South American country. Reuters has quoted unnamed industry sources as saying that […]

Cargill’s Progress Against Critical Sustainability Goals

(Cargill, 2.Jun.2020) — At Cargill, sustainability is written into the company’s purpose—and woven into core operations including investment priorities, organizational structure and resource allocation. The company recently outlined progress against sustainability goals in critical supply chains including aqua nutrition, cocoa and chocolate, palm, soy, ocean transportation and beef. With a […]