Salt Investments Establishes Two New Subsidiaries to Expand Footprint in Oil Distribution and Logistics Management

NewTimeSpace News: On May 31, 2026, Singapore-listed firm Salt Investments disclosed in an announcement that it has incorporated two new subsidiaries. Harbourworld Energy Limited was registered in the British Virgin Islands on October 30, 2025, while Harbourworld Energy Pte. Ltd. was incorporated in Singapore on February 24, 2026.

The announcement states that Salt Investments holds a 51% equity stake in both subsidiaries, with the remaining 49% owned by a consortium of business partners. Both subsidiaries are currently dormant. Going forward, they are set to focus on businesses including oil distribution and logistics management for physical petroleum supply, inclusive of fuel bunkering services.

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