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Trefoil welcomes Robin van Elderen as MD to expand low carbon bunker fuel market

New hires MD Robin van Elderen and Bunker Trader Michael de Boeck bring a wealth of experience, both having spent more than 15 years in the industry.
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6 years ago

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Rotterdam, Antwerp and Hamburg bunker supplier Trefoil on Tuesday (2 March) announced the recruitment of Michael de Boeck as Bunker Trader, heading Trefoil’s Antwerp office, and Robin van Elderen in the role as Managing Director of Trefoil TradingB.V. overseeing all trading activities, including its physical setup in Hamburg which is headed by Jens Reese. 

The onboarding of de Boeck and van Elderen is to further strengthen the company’s commercial team to take its business to the next level, said Trefoil. 

Both gentlemen bring a wealth of experience and are well connected within the international maritime industry both having more than 15 years’ experience on the physical side as well as from a resellers perspective.

“I am delighted to have joined Trefoil and to be able to use my knowledge and experience to expand Trefoil’s presence within the ARA region. My focus will be on the business expansion within Belgian supply region whilst further expanding our international customer base,” said de Boeck.

“I am very excited to join the experienced team of Trefoil and I am looking forward to reconnecting again with many of my contacts within my network,” added van Elderen.

“Trefoil has a very strong and unique position being part of Burando Maritime Services. Burando has a strong presence within ARA and Hamburg region offering various maritime services based on a one-stop-ship concept. 

“The services offered by our group companies Burando Barging, Nature Environmental Services, Fendercare and Ship Spares Logistics will help us to cross-sell a wider range of services that will enable us to expand our international customer base and will further strengthen our relationships with our existing business partners.

“Due to the fast-changing business landscape where we see an accelerated interest on decarbonization, alternative fuel solutions and upcoming changes in rules and legislation it is important for Trefoil to stay ahead of the market.

“Hence, we will be looking into new opportunities with the aim to further expand our footprint within existing and new markets as well as expanding our product lines.

“Trefoil is already at an advanced stage to be able to offer biofuels in the very near future, the required ISCC certificate has already been obtained. We recently re-entered the supply market on HSFO RMG & RMK side as we saw more demand coming in by our key customers.

“Next to our existing barge fleet of 8 barges, 3 on fuel and 5 on the gasoil side, we also have access to a big pool of clean and dirty barges via our colleagues of Burando Barging.

“By working closely together we can optimize our barge fleet, consisting of 71 barges, and increase our efficiency and services whenever required.”


Photo credit: Trefoil
Published: 3 March, 2021

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Winding up

Singapore: Liquidator of Xin Bo Shipping Pte Ltd issues notice of dividend

First interim dividend of Xin Bo Shipping is payable by 7 October, according to Government Gazette notice.
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4 hours ago

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September 24, 2026

By

RESIZED Drew Beamer

A notice of dividend for Xin Bo Shipping Pte Ltd, which is currently in creditors’ voluntary liquidation, was published on the Government Gazette on Wednesday (23 September). 

The following are the details of the notice:

Name of Company : Xin Bo Shipping (Pte) Ltd (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 199003660R
Address of Registered Office : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960
Amount per centum (US$) : 30.00 cents to a dollar of admitted unsecured claims
First and Final or otherwise : First Interim Dividend
When payable : By 7 October 2026
Where payable : Entitlements will be made either by way of telegraphic transfer or by cheque, to be collected from the Company’s registered address as above.

 

Photo credit: Drew Beamer
Published: 24 September, 2026

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Winding up

Singapore: Creditors’ meeting for Fair Wind Chartering Pte Ltd scheduled for 6 October

A creditors’ meeting of Fair Wind Chartering Pte Ltd has been scheduled to take place at 3pm on 6 October, according to a Government Gazette notice.

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4 hours ago

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September 24, 2026

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Resized benjamin child

A creditors’ meeting of Fair Wind Chartering Pte Ltd has been scheduled to take place on 6 October, according to a Tuesday (22 September) notice on the Government Gazette.

The meeting will be held via video conferencing at 3pm for the following agenda: 

  • To receive a Statement of Affairs of the Company, showing the assets and liabilities, together with a list of creditors and the estimated amount of their claims.
  • To confirm the appointment of Chee Fung Mei, Licensed Insolvency Practitioner, of CHEE FM & ASSOCIATES 110 Middle Road #05-03 Singapore 188968 as Liquidator of the Company for the purpose of such voluntary winding up, and that the Liquidator’s fees be based on her normal scale rates and disbursements incurred be paid out of the Company’s assets.
  • To consider and if deemed fit appoint a Committee of Inspection.
  • To consider any other matters which may properly be brought before the meeting.

According to the Singapore Business Directory website, the company’s principal activity is shipping and chattering of ships or boats. 

Note: To entitle you to vote thereat, your Proof of Debt must be lodged with the Provisional Liquidator not later than 10:00am on the 5th October 2026. Please submit your Proof of Debt and register your attendance by email to [email protected] to receive further details on the video conference.

 

Photo credit: Benjamin Child
Published: 24 September, 2026

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Business

Straits Energy proposes MYR 90 million capital reduction to offset accumulated losses

Straits Energy Resources proposed to undertake a reduction of MYR 90 million of its issued share capital to offset accumulated losses of the company and strengthen its financial position.
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4 hours ago

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September 24, 2026

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Resized Straits Energy Resources Berhad

Bursa Malaysia-listed Straits Energy Resources Berhad (Straits) on Monday (21 September) proposed to undertake a reduction of MYR 90 million (USD 22 million) of its issued share capital to offset accumulated losses of the company and strengthen its financial position.

In a filing with Bursa Malaysia, the company said the proposed capital reduction entails the reduction of the issued share capital of Straits via the cancellation of the company’s paid-up share capital, which is substantially lost or unrepresented by available assets. 

The corresponding credit of MYR 90 million arising from the proposed exercise will be utilised to partially offset the accumulated losses while any balance credit will be credited to the capital reserve account which would serve as an additional credit buffer to set off future losses of the company.

The MYR 90 million was determined by the Board, after taking into consideration amongst others, the unaudited accumulated losses of the company for the financial year ended 30 June 2026 of MYR 101.91 million.

The proposal will not have any effect on the number or percentage of shares held by the substantial shareholders of the company as it does not involve any issuance, cancellation or transfer of shares held by the shareholders.

“Barring any unforeseen circumstances and subject to all required approvals being obtained, the proposed capital reduction is expected to be completed in the first quarter of 2027,” the company added. 

 

Photo credit: Straits Energy Resources
Published: 24 September, 2026

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