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Malaysia: PTP resolves counterparty claim over “Trident Star” fuel oil spill

Pelabuhan Tanjung Pelepas was seeking RM 31.9 million from ship owner and P&I club over losses in earlier incident.
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Published

7 years ago

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Malaysia-listed MMC Corporation Berhad (MMC) on Monday (7 October) said its 70% owned subsidiary, Pelabuhan Tanjung Pelepas Sdn Bhd (PTP) which is the operator of the Port of Tanjung Pelepas, has resolved the claim by settlement with counterparties over an earlier oil spill incident.

As such, it has discontinued the legal proceedings against Rising Star Shipping Sdn Bhd (RSS) and The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) Singapore Branch.

The RSS-owned MV Trident Star (IMO Number: 9062269) was loading a cargo of 2,500 metric tonnes of marine fuel oil while berthing alongside Berth No. 5 ATT Tanjung Bin Terminal on 24 August 2016.

However, an overflow from one of its tanks onto the upper deck of the vessel resulted into an oil spill spread affecting PTP’s premises causing oil pollution damage and losses for PTP. 

PTP was claiming a sum of US $7.61 million (Exact: RM 31,862,212.00) and other amounts including interest rates, costs and further reliefs.

RSS on 17 February 2017 obtained a declaration from the Kuala Lumpur High Court limiting its liability to the maximum amount of 4.51 million Special Drawing Rights (equivalent to approximately RM 25.0 million).

Any amount in excess of the fund will be claimed against the International Oil Pollution Compensation Fund in London.

The withdrawal of the legal proceedings is not expected to have any significant financial and operational impact on the MMC Group for the financial year ending 31 December 2019.

Photo credit: MarineTraffic / M.L. Jacobs
Published: 8 October, 2019
 

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Winding up

Singapore: Final meeting scheduled for Tiger LNG Shipping Pte Ltd

Meeting will be held on 29 June at 190 Middle Road #17-05 Fortune Centre Singapore 188979 to hear any explanation that may be given by the liquidator, according to Government Gazette notice.
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Published

3 days ago

on

June 2, 2026

By

RESIZED Jo_Johnston from Pixabay

The final meeting for Tiger LNG Shipping Pte Ltd has been scheduled to take place on 29 June, according to the company’s liquidators on a notice posted on Friday (29 May) on the Government Gazette.

The meetings will be held at 10.30am at 190 Middle Road #17-05 Fortune Centre Singapore 188979. 

The meeting is being held for the purpose of having an account laid before the meeting showing the manner in which the winding up has been conducted and the property of the company disposed of, and of hearing any explanation that may be given by the liquidator.

The following are the details of the liquidator:

LUM CHI LUP BENNY
c/o 190 Middle Road
#17-05 Fortune Centre
Singapore 188979

 

Photo credit: Jo_Johnston from Pixabay
Published: 2 June, 2026

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Winding up

Singapore: Annual general meetings scheduled for Xin Guang Shipping and An Xing Shipping

Annual general meeting of the company and creditors for An Xing Shipping and Xin Guang Shipping will be held by electronic means on 11 June and 12 June respectively.

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Published

1 week ago

on

May 28, 2026

By

Resized benjamin child

Several notices were published on the Government Gazette on Tuesday (26 May) regarding the annual general meetings of the companies and creditors to be held electronically from 5 to 6 May for Xin Guang Shipping Pte Ltd and An Xing Shipping Pte Ltd. 

Annual general meeting for Xin Guang Shipping are to be held on 12 June at the following times:

  • Annual general meeting of the Company at 2pm
  • Annual general meeting of the creditors of the Company at 3pm

Annual general meeting for An Xing Shipping are to be held on 11 June at the following times:

  • Annual general meeting of the Company at 2pm
  • Annual general meeting of the creditors of the Company at 3pm

The agenda for all the meetings are:

  • To receive an update on the liquidation.
  • To receive an account of the Liquidators’ acts and dealings, and of the conduct of the winding up.

The following are the details of the liquidator: 

Ho May Kee
Liquidator
c/o 8 Marina View
#40-04/05 Asia Square Tower 1
Singapore 018960

 

Photo credit: Benjamin Child
Published: 28 May, 2026

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Winding up

Singapore: Notice of intended dividend issued for Xihe Capital Pte Ltd

Xihe Capital Pte Ltd and its subsidiaries are owned by the Lim family, who are also the owners of the embattled Hin Leong Trading.
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Published

1 week ago

on

May 25, 2026

By

RESIZED Drew Beamer

A notice to declare the intended dividend of Xihe Capital Pte Ltd to its creditors has been posted on the Government Gazette on Wednesday (15 April).

Xihe Capital Pte Ltd and its subsidiaries are owned by the Lim family, who are also the owners of the embattled Hin Leong Trading.

The following are the details of the notice of intended dividend:

Name of Company : XIHE CAPITAL (PTE.) LTD. (IN CREDITORS’ VOLUNTARY LIQUIDATION)

Unique Entity No. / Registration No. : 201727410K

Address of Registered Office : 10 ANSON ROAD, #10-10, INTERNATIONAL PLAZA SINGAPORE 079903

Last Day for Receiving Proofs : 5 June 2026

Name of Liquidator : TAM CHEE CHONG

Address : c/o 10 ANSON ROAD, #10-10, INTERNATIONAL PLAZA SINGAPORE 079903

 

Photo credit: Drew Beamer
Published: 25 May, 2026

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