Legal

Singapore/Malaysia discussions on disputed port limit continue

Malaysia advised to remove vessels from disputed area to ‘avoid misunderstandings and potential issues’.

Published

8 years ago

December 11, 2018

Admin

The Ministry of Foreign Affairs representatives of Singapore and Malaysia spoke on Monday (10 December) to discuss latest developments arising from the Declaration of Alteration of Port Limits for Johore Bahru Port published on 25 October 2018 and the Singapore Port Marine Circular No. 9 of 2018 dated 6 December 2018.

During the discussion, the Malaysia Ministry welcomed Singapore’s continued emphasis on the importance of dialogue, and its willingness to engage with Malaysia in resolving matters amicably, along with its consideration of Malaysia’s proposed agenda for the bilateral discussion.

It declined to return to the status quo prior to 25 October 2018 by immediately withdrawing all Malaysian Government vessels in the area, but was agreeable to Singapore’s counter-proposed dates in January 2019.

The Singapore Ministry, in return, welcomed the Malaysian government’s agreement to have officials meet in the second week of January 2019 to exchange views on resolving the Johor Bahru Port Limits issue.

However, it declined Malaysia’s proposal for both countries to mutually cease and desist sending assets into the disputed area effective 0000 hrs on 8 December 2018.

Singapore continued to make clear that the Malaysian government vessels should cease intrusions and leave Singapore Territorial Waters (STW).

It also pointed out the presence of Malaysian government vessels in STW giving rise to tensions on the ground, and Malaysia risks causing an unintended and dangerous incident.

“Maritime boundary claims can be made under international law, in accordance with established procedures, without needing to have ships facing off against one another,” it states.

The republic adds it continues to call to Malaysia to revert to the status quo ante prior to 25 October 2018.

“This will avoid misunderstandings and potential issues on the ground. Malaysia’s deployments in this area will not strengthen its legal claim and can only heighten tensions,” it states.

“Malaysia will be responsible for any untoward situations on the ground that arise from continued deployment of its vessels into this area.

“The Singapore Government hopes to work with the Malaysian Government to find an amicable resolution of issues between the two countries in accordance with international law, and in the spirit of preserving our important bilateral relationship.”

Published: 11 December, 2018

Legal

Singapore withdraws remaining 127 charges against Hin Leong founder OK Lim

Lim Oon Kuin, also known as OK Lim, was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges on 17 July.

Published

17 hours ago

July 21, 2026

Admin

Founder of collapsed oil trader Hin Leong Trading, Lim Oon Kuin, also known as OK Lim, has had the remaining 127 charges against him withdrawn, according to The Straits Times on Monday (20 July).

OK Lim was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges, including those for cheating, on 17 July. The discharge means Lim cannot be prosecuted again for the same offences.

Lim, 84, is currently serving a 13½-year prison sentence after the High Court reduced his original 17½-year jail term in March 2026. He was convicted in 2024 on two cheating charges and one count of abetting forgery in a case prosecutors described as one of Singapore’s most serious trade finance frauds.

Lim was convicted in May 2024 of two charges of cheating the Hongkong and Shanghai Banking Corporation (HSBC) and one count of abetting forgery that proceeded to trial out of a total of 130 criminal charges.

He was first charged in court on 14 August 2020, and was subsequently handed further charges in court on 25 September 2020, 30 April 2021 and 24 June 2021 for his role in perpetuating fraud on various financial institutions.

A total of 130 charges were eventually brought against him for cheating and forgery-related offences.

Photo credit: Sora Shimazaki
Published: 21 July, 2026

Winding up

Singapore: Coastal Logistics Pte Ltd to be wound up voluntarily

Coastal Logistics was reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

Published

17 hours ago

July 21, 2026

Admin

Several resolutions for Coastal Logistics Pte Ltd were made during an extraordinary general meeting held on 14 July, according to a notice in the Government Gazette on Friday (4 July).

The following resolutions were duly passed during the meeting:

As Special Resolution

That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018);

As Ordinary Resolutions

that Mr. Wong Pheng Cheong Martin and Ms. Koay May Yee, both care of FTI Consulting (Singapore) Pte Ltd, One Raffles Quay, #27-10 South Tower, Singapore 048583 be appointed as the joint and several Liquidators of the Company for the purpose of such winding up; and
that the Liquidators be at liberty to open, maintain and operate any bank account(s) or account(s) for monies received by them as Liquidators with such bank(s) as they deem fit; and
that a Committee of Inspection will not be formed.

Manifold Times previously reported Nicholas James Gronow, director of Heng Tong Fuels & Shipping and Coastal Logistics, filed statutory declarations for both companies stating the firms cannot continue their businesses due to liabilities.

Both companies were reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

In 2019, several vessels owned by both firms entered the sale & purchase (S&P) market in Singapore.

Photo credit: Drew Beamer
Published: 21 July, 2026

Winding up

Singapore: Liquidator of Nan Shan Maritime Pte Ltd issues notice of dividend

Third interim dividend to admitted unsecured claims of Nan Shan Maritime is payable from 15 July, according to Government Gazette notice.

Published

6 days ago

July 16, 2026

Admin

A notice of dividend for Nan Shan Maritime Pte Ltd, which is currently in creditors’ voluntary liquidation, was published on the Government Gazette on Wednesday (15 July).

The following are the details of the notice:

Name of Company : Nan Shan Maritime (Pte.) Ltd.(In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 201701967H
Address of Registered Office : 10 Anson Road, #10-10, International Plaza, Singapore 079903
Amount per centum : 5.00 Per Centum of all admitted unsecured, claims
First and Final or Otherwise : Third Interim
When Payable : 15 July 2026
Where Payable : Entitlements will be made by way of cheque.

Photo credit: Drew Beamer
Published: 16 July, 2026