Gulf Oil International Ltd, part of the Hinduja group, said it has reached an agreement to acquire the lubricant blending plant and associated facilities from Singapore’s Ocean Tankers Pte Ltd. Ocean Tankers is one of a few companies owned by Singapore oil tycoon Oon Kuin Lim and his family that have been put under the …
The post Gulf Oil inks agreement to buy Ocean Tankers’ lubricants plant in Singapore first appeared on Hellenic Shipping News Worldwide.