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Robert
Chandran died January 7, 2008, from injuries sustained when a helicopter he was traveling in crashed in the Riau Province of Indonesia.On January 14, 2008, Chemoil announced that they appointed Clyde Michael Bandy as its chairman and chief executive officer with immediate effect. Mr. Bandy was
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Following the acquisition by
Glencore in 2014, several key executives departed. In July 2014, Ship & Bunker reported that Chemoil confirmed that Reilly left his role as chief executive officer of Chemoil Corporation effective June 30, 2014. Following Mr. Reilly's departure, former Chevron Senior
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Corporation purchased 50% of ownership of
Chemoil Corporation. In 1998 Chemoil entered Europe having its office in Rotterdam. It expanded to Singapore in 2000 and Panama in 2003.In December 2009 commodities trader Glencore purchased a majority stake in Chemoil.In 2012 Glencore increased their stake
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The company's main business is providing fueling services for ships in port. They buy fuel oil from various suppliers, transport, store and blend them and finally deliver to oceangoing ships, containers, tanker fleets, time charter operators and marine fuel traders.
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unanimously elected by
Chemoil's board of directors to undertake the position following the death of Chemoil's founder, Robert Chandran, on January 7, 2008. Mr. Bandy has been Chemoil's lead independent director since August 31, 2006.
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to 89.04%. In
February 2014, Glencore Xstrata announced plans to increase ownership to 100% and delist it from the SGX.
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Mr. Bandy retired from
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in 1981. Then it expanded the operations to
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Securities
Trading Limited on 14 December 2006. It was voluntarily delisted in April 2014.
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96:November 2020
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393:Oil traders
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204:Marine fuel
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180:Founder
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