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Fratelli Cosulich, Bomin Bunker Oil in U.S. court over off-spec marine fuel

Charterer Amaggi claims ‘engine damage’ rising out of marine fuel used by bulk carrier Daiwan Elegance.

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Amaggi SA, the time charterer of bulk carrier Daiwan Elegance, on 1 November filed a complaint aganist Fratelli Cosulich Unipessoal SA and Bomin Bunker Oil Corporation at a US court over the supply of alleged off-spec 380 centistokes (cSt) grade marine fuel, according to documents seen by Manifold Times.

Amaggi order the fuel from Fratelli Cosulich which in turn contracted Bomin Bunker Oil to supply the bunkers when the vessel reached Hampton Roads in early November 2018.
About 310 metric tonnes (mt) of ISO 8217:2005 RMG 380 – 3.50% S MAX marine fuel was delivered to the 35,531 dwt vessel on 3 November.

The Daiwan Elegance started using the fuel on 4 November and began to suffer machinery problems on 5 November; it stopped using the fuel on 10 November.

An analysis report on or about 11 March, 2019 found the fuel was off-specification for “Density @ 15°C,” as the result was 993.4 kg/m3 compared to the upper specification limit of 991.0 kg/m3. The “Total Sediment by Hot Filtration” was 0.07% (m/m). Additionally, the result for “Asphaltene Content” was 9.4 Wt.%, which was considered “high”.

Results of second test on 18 April of a sample provided by Bomin Bunker Oil showed the fuel was off-speculation for “Density @ 15°C,” this time registering 994.1 kg/m3 compared to the upper specification limit of 991.0 kg/m3.

Amaggi notes the off-spec fuel will have to be debunkered and disposed at “considerable cost” if it cannot be salvaged for use.

It is seeking compensation from Fratelli Cosulich and Bomin Bunker Oil for all damages arising out of the use of the off-spec marine fuel.

Photo credit: MarineTraffic / Trevor Powell
Published: 6 November, 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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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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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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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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