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Bangchak says co-loading explains tanker’s Singapore stop

13 Sept 10:43 Key points summarised by AI

Bangchak Corporation confirmed its oil tanker made a scheduled stop in Singapore before arriving in Thailand, citing a common industry co-loading arrangement.
The vessel transported crude oil for multiple customers, with one shipment specifically destined for Singapore, necessitating a sequential delivery itinerary.
Following its stop in Singapore, the tanker proceeded to deliver crude oil to Bangchak's refinery in Sri Racha, Thailand, as originally scheduled.
This explanation addresses parliamentary inquiries questioning why the vessel diverted to Singapore, particularly after government assistance in securing its passage through the Strait of Hormuz.

Yesterday 15:20 Key points summarised by AI

Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.