Vitol and Grindrod to close bunkering JV Cockett

Vitol and Grindrod are winding down their bunkering joint venture, the longtime bunker supplier Cockett. The 45-year-old company is solvent and in a good financial position, Vitol said, but will be shut down because it is a non-core asset.Cockett is planning an orderly wind-down process, and it will...