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NewOcean detains Singapore-flagged bunker tanker “Pacific Energy 28”

Pacific Energy 28 operated by Singapore-based Pacific Ship Management Pte Ltd, according to shipping database.
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7 years ago

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Hong Kong-listed NewOcean Energy Holdings Limited (NewOcean Energy) has detained the Singapore-flagged bunker tanker Pacific Energy 28 on the evening of Thursday (24 October), learns Manifold Times.

A company source confirmed the development was initiated by NewOcean Energy but declined to provide further details.

The Pacific Energy 28 is operated by Singapore-based Pacific Ship Management Pte Ltd, according to a shipping database. The company is related to the insolvent Hong Kong-based bunker tanker owner Chuang Xin (China) Group Limited.

The Chairman of Daisho Microline Holdings Limited (DMHL), a company identified as Pacific Dragon (Hong Kong) Energy Limited (Pacific Dragon), is a Director at Chuang Xin.

NewOcean Energy earlier stated Pacific Dragon to be a trade debtor of NewOcean Petroleum who still had outstanding debt from various purchases of marine fuel made under a Master Sales and Purchase Contract (Contract) executed in December 2018.

Additionally, DMHL also provided ship mortgages of two Singapore-flagged bunker barges (either owned directly or indirectly by DMHL) to NewOcean Petroleum as part of the Contract.

The Chairman of DMHL is also a director at Inter-Pacific Petroleum Pte Ltd (IPP) and its parent company Inter-Pacific Group Pte Ltd (IPG) – firms which have filed for interim judicial management on 16 August at the High Court of the Republic of Singapore.

Related: Societe Generale lawsuit against NewOcean Petroleum dropped, party to counterclaim
Related: NewOcean Petroleum to ‘vigorously contest’ against Societe Generale lawsuit
Related: With nearly $180 million of debt, IPP proposes interim juridical management

Other related: MPA revokes Inter-Pacific Petroleum bunker craft operator licence
Other related: Magnets on MFMs: Trial starts for former bunker clerk of “Consort Justice”
Other related: First suspect charged over MFM tampering in landmark case
Other related: Magnets on MFMs: “Consort Justice” crew pleads ‘not guilty’ to tampering charge
Other related: IPP responds to temporary suspension of bunker craft operator licence
Other related: MPA temporarily suspends IPP bunker craft operator licence
Other related: Singapore: Bunker Cargo officer, crew face charges over alleged MFM tampering

Photo credit: MarineTraffic / Hans Schaefer
Published: 25 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

2 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

7 days ago

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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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