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Hin Leong Trading Founder faces additional 105 cheating, forgery charges in court

Lim Oon Kuin now faces a total of 130 charges; bail amount has been increased to S$4 million due to increased amount of players and outstanding sums.

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The founder of Hin Leong Trading (Pte) Ltd (Hin Leong), was charged in court on 24 June with an additional 105 charges for the offences of cheating, abetment of forgery of a valuable security, and abetment of forgery, according to the Singapore Police Force.

35 of these charges relate to Lim Oon Kuin allegedly deceiving eight financial institutions into providing accounts receivable financing, amounting to about US$1.2 billion, to Hin Leong on the basis that Hin Leong had loaded oil onto particular vessels pursuant to contracts for the sale of oil by Hin Leong to BP Singapore Pte Ltd (BP) and Unipec Singapore Pte Ltd. About US$55 million remains outstanding from Hin Leong to a financial institution in relation to one of these charges.

A further 33 charges relate to Lim Oon Kuin allegedly deceiving nine financial institutions into providing letters of credit (“LCs”) and making payment, amounting to about US$1 billion, on the LCs by falsely representing that there would be cargo underlying contracts for the purchase of oil by Hin Leong from BP. About US$180 million remains outstanding from Hin Leong to four financial institutions in relation to six of these charges.

One charge relates to Lim Oon Kuin allegedly conspiring with a Hin Leong employee to commit forgery of a valuable security, by making a falsified bill of lading, which falsely represented that 501,350.875 U.S. Barrels of Gasoil had been loaded onto the MT Chang Bai San on 13 March 2020.

The remaining 36 charges relate to Lim Oon Kuin allegedly conspiring with a Hin Leong employee to commit forgery, by procuring 36 falsified Certificates of Quality from Amspec Testing Services Pte Ltd, which falsely represented that samples of oil had been collected and tested. These Certificates of Quality were then allegedly sent by Hin Leong to BP to make it appear that independent testing had been carried out to certify the quality of oil that was allegedly sold by Hin Leong to BP.

With these 105 charges, Lim Oon Kuin now faces a total of 130 charges – 68 counts of cheating, one count of abetment of forgery of a valuable security, 14 counts of abetment of forgery for the purpose of cheating, and 47 counts of abetment of forgery.

Lim Oon Kuin’s bail amount has been increased to S$4 million, because the new charges involve more financial institutions, larger sums disbursed, and large sums outstanding.

The offences of cheating and abetment of forgery for the purpose of cheating, punishable under Section 420 and Section 468 read with Section 109 of the Penal Code respectively, carry an imprisonment term of up to 10 years and a fine. The offence of abetment of forgery of a valuable security, punishable under Section 467 read with Section 109 of the Penal Code, carries an imprisonment term of up to 15 years and a fine. The offence of abetment of forgery, punishable under Section 465 read with Section 109 of the Penal Code, carries an imprisonment term of up to four years, a fine, or both.

Manifold Times earlier reported Lim being issued 23 new forgery-related charges, namely 12 counts of abetment of forgery for the purpose of cheating and 11 counts of forgery, at the State Courts of Singapore in late April.

An extensive coverage by Singapore bunkering publication Manifold Times regarding the fall of Hin Leong can be found below:

Related: Singapore: Hin Leong takes Deloitte to court over alleged auditing failures
RelatedHin Leong Trading Founder OK Lim facing 23 new forgery-related charges at State Courts
RelatedApplication to wind up Hin Leong Trading subsidiary, Hin Leong Marine approved
RelatedSingapore High Court approves Hin Leong Trading wind up order application
RelatedHin Leong Trading liquidates a third of its fleet to recover USD 3.5 billion debt
RelatedLim family aims to wind up Hin Leong Trading subsidiary, Hin Leong Marine
RelatedJudicial Managers of Hin Leong Trading Pte Ltd file for winding up order
RelatedHin Leong judicial managers to hold meeting of creditors to discuss fees incurred
RelatedLim family files application to wind up Hin Leong Trading subsidiary, Hin Leong Marine
RelatedFirst creditors meeting of Ocean Tankers to be held in early January 2021
RelatedBank of China takes legal action against BP Plc and Lim family to recover $312.9 million
RelatedOBS to wind up operations; creditor list alleges estimated USD 42 million debt
RelatedOcean Tankers publishes notice for creditors to prove any debts or claims for publication
RelatedHin Leong Trading founder denies allegations of forgery put forward by HSBC
RelatedSingapore: Xihe Holdings and subsidiaries to be placed under judicial management
RelatedHSBC takes Lim family and Hin Leong employee to court to recover USD 85.3 million
RelatedDa An Shipping Pte Ltd passes winding-up resolution and publishes notice to creditors
RelatedXihe Capital and subsidiaries, Nan Guang Maritime to undergo voluntary liquidation
RelatedMPA: Ocean Bunkering Services licenses suspended ‘until further notice’ and not revoked
RelatedOcean Bunkering Services bunker claims against ASL Marine & Offshore heads to arbitration
RelatedOcean Tankers to return most ships to owners to reduce $540,000 a day cash burn
RelatedSingapore: Ocean Bunkering Services license suspended until further notice
RelatedPwC publishes ‘investment opportunity’ for Singapore independent bunker fuel supplier
RelatedHin Leong founder O.K. Lim hit with second charge of abatement in forgery
RelatedHin Leong judicial managers and legal firms could rack up SGD 17.3 million in fees
RelatedWinson Group wins ICC backing in dispute against banks over credit for Hin Leong Trading
RelatedO.K. Lim and two children sued for USD 3.5billion; receiver appointed for 3 Xihe ships
RelatedManagers of Ocean Tankers looking to recover USD 19 million from Lim family
RelatedArgus Media: Singapore’s Hin Leong founder charged with forgery
RelatedXihe Holdings placed under IJM as OCBC reverses decision for ‘consensual restructuring’
RelatedXihe replaces Directors, forms new management team to chart fresh course for Group
RelatedHin Leong Trading lawyers publish application to fulfill requirements for hearing to proceed
RelatedOcean Tankers legal team publishes application to be placed under judicial management
RelatedJudicial management applications for Hin Leong Trading and Ocean Tankers delayed
RelatedLim family to inhibit law firm Rajah & Tann from representing troubled HLT & OTPL
RelatedOCBC files for Xihe Holdings to be placed under judicial management
RelatedJudicial managers of Ocean Tankers discover discrepancies and fraud in exposure claims
RelatedJudicial managers of Ocean Tankers to present restructuring proposals to owners
RelatedPwC probes uncover mass grave of financial skeletons and alleged fraud within HLT
RelatedWinson Group seeks SGD 30.4 million from Standard Chartered over HLT related trade
RelatedWinson Group seeks SGD 30.4 million from OCBC over credit pull in Hin Leong trade
RelatedOcean Tankers: Notice to prove debt or claim published by interim judicial managers
Related‘Reasonable prospects’ to keep Ocean Tankers as a going concern, states Director
RelatedSingapore: Ocean Tankers, a separate entity of Hin Leong, seeking judicial management
RelatedSingapore High Court concedes interim judicial management to Hin Leong Trading
RelatedSembcorp commences legal proceedings against Hin Leong Trading over gasoil cargo
RelatedSembcorp Cogen aborts gasoil supply and storage contract with Hin Leong Trading
RelatedReport: Sinopec expresses interest in Hin Leong Trading stake of Universal Terminal
RelatedReport: Hin Leong Trading appoints PwC as interim judicial manager
RelatedSingapore’s Police Force commence investigations into Hin Leong Trading
RelatedReport: Hin Leong Trading founder gave instructions to hide USD 800 million losses
RelatedSingapore: Ocean Bunkering Services to discontinue marine fuel deliveries
RelatedHin Leong in debt restructuring exercise; Ocean Tankers a separate entity, says CEO
RelatedReport: Hin Leong Trading finances under scrutiny, amid credit pull from two banks

 

Photo credit: Manifold Times
Published: 25 June, 2021

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Legal

Singapore police arrest eight over alleged illegal MGO transaction off Tuas

SPF says preliminary investigations found that crew members of a Singapore-registered tugboat misappropriated MGO worth about SGD 10,570 without their company’s knowledge and sold it illegally.

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Singapore police arrest eight over alleged illegal MGO transaction off Tuas

The Singapore Police Force (SPF) on Thursday (13 August) said it has arrested eight men, aged between 25 and 54, for their suspected involvement in an illegal transaction of Marine Gas Oil (MGO).

On 13 August 2026 at about 1.05am, officers from the Police Coast Guard (PCG) conducted a check on a Singapore-registered tugboat in the waters off Tuas and discovered that eight crew members were possibly involved in the illegal transaction of MGO. 

“Preliminary investigations revealed that the crew members of the tugboats misappropriated MGO valued at about SGD 10,570 (USD 8,258), without their company’s knowledge,” SPF said in a statement.

“The MGO was sold illegally for their personal financial gain.”

The eight crew members will be charged in court on 14 August 2026 with the offence of theft by servant of property in possession of master under Section 381 of the Penal Code 1871 If convicted, they shall be punished with an imprisonment term that may extend to seven years and shall also be liable to fine.

“The Police take a serious view of illegal transaction of MGO in Singapore Territorial Waters and will continue to conduct enforcement and security checks to prevent, deter and detect such illicit activities in Singapore waters,” SPF added. 

 

Photo credit: Singapore Police Force
Published: 14 August, 2026

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Port & Regulatory

Gard: Sulphur-related bunker claims rise amid tighter China MSA enforcement

Claims involving excessive sulphur content in marine fuels have been rising, while stricter inspections by the China MSA have heightened the focus on sulphur compliance, particularly in the Bohai Sea.

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Maritime protection and indemnity (P&I) club Gard on Wednesday (12 August) highlighted that claims involving excessive sulphur content in marine fuels have been rising, while stricter inspections by the China MSA have heightened the focus on sulphur compliance, particularly in the Bohai Sea:

Rise in off-spec sulphur claims

Recent claims experience indicates that bunker quality continues to pose a significant operational risk for shipowners. In our earlier review of bunker-related claims during the first five months of 2026, we highlighted a rise in off-specification bunker incidents amid increased pressure on global fuel supply chains following the escalation of the conflict in the Middle East. 

Specifically for Sulphur compliance, between January and June 2026, the number of sulphur-related cases increased by more than threefold compared with the same period in 2025. Notably, the number of cases recorded in the first six months of this year has already exceeded the total number reported during the whole of last year by approximately 40%. 

While each case is fact-specific, the increase is notable because excessive sulphur content constitutes a MARPOL compliance issue. Unlike many other bunker quality problems, sulphur non-compliance identified through port state inspections can result in vessel delays, enforcement action, and substantial costs associated with debunkering and fuel disposal. 

The map below illustrates the geographical distribution of sulphur-related claims recorded during the first six months of 2026, based on the location where the bunkers were stemmed.

Distribution of sulphur related claims

China MSA steps up sulphur compliance enforcement

According to our correspondent, Huatai, on 5 June 2026, the maritime authorities of Tianjin, Hebei, Liaoning and Shandong jointly launched a special campaign on ship pollution prevention and control in the Bohai Sea region. The campaign involves coordinated supervision by local MSA branches across the region and is expected to last nearly five months. It covers major ports and surrounding port areas in the Bohai Sea region, including Tianjin, Tangshan, Qinhuangdao, Huanghua, Jinzhou, Yingkou and Longkou. 

While the initiative is broader than bunker sulphur compliance alone, its scope includes inspections relating to air pollution prevention, SOx emissions, fuel compliance and other high-pollution-risk operations. Enforcement measures are expected to comprise onboard inspections, cross-regional enforcement activities, unannounced spot checks and remote monitoring. These efforts will be supported by a combination of UAV patrols, maritime patrol vessels, shore-based monitoring systems and rapid on-site fuel testing. 

As a result, vessels trading in the Bohai Sea region may experience increased scrutiny of fuel compliance documentation, fuel sampling records, onboard fuel management procedures, and the handling or disposal of suspected non-compliant fuel.

Documents typically requested by China MSA

Based on our recent experience, including the case discussed above, and subject to the specific requirements of the local MSA office, owners and operators may be requested to provide supporting documentation such as: 

  • Bunker documentation – Bunker Delivery Notes (BDNs), MARPOL fuel sample records, fuel test reports, and relevant fuel quality certificates. 
  • Statutory certificates – including the International Air Pollution Prevention (IAPP) Certificate and International Oil Pollution Prevention (IOPP) Certificate. 
  • Operational records – engine logbooks, deck and navigation logbooks, Oil Record Book entries, and records relating to fuel transfers, storage and consumption. 
  • Sampling documentation – the Master’s statement and any records demonstrating how fuel samples were drawn, sealed, labelled, handled and retained. 
  • Correspondence records – communications with the authorities, bunker suppliers, charterers and other relevant stakeholders. 
  • Fuel disposal records – approved disposal plans, debunkering documentation, receipts and evidence of final disposal, where applicable. 

The exact documentation required will depend on the nature of the investigation, the findings of the inspection, and the requirements of the local enforcement authority. 

Possible regulatory consequences in China

Under the Air Pollution Prevention and Control Law of the People’s Republic of China, ocean-going vessels are required to use fuel oil meeting atmospheric pollutant control requirements after berthing. Vessels operating within designated emission control areas must also comply with applicable emission standards. Article 106 provides that where vessel fuel oil fails to meet applicable standards or requirements, the competent maritime authorities may impose fines ranging from RMB 10,000 to RMB 100,000. Liability may extend to shipowners, ship operators and ship managers depending upon the circumstances of the case. 

Recommendation

Sulphur compliance should be treated as both a fuel quality and regulatory risk. Owners and operators are encouraged to take preventive steps before bunkering, act promptly if non-compliant fuel is suspected, and preserve evidence carefully if an inspection or claim arises. Under amended 

Resolution A.1206(34), Appendix 18, 2.1.5, if the BDN shows compliant fuel, but the master has independent test results of the fuel oil sample taken by the ship during the bunkering which indicates non-compliance, the master may document this by notifying the ship’s flag Administration, with copies to: 

  • the competent authority of the relevant port of destination, 
  • the Administration under whose jurisdiction the bunker deliverer is located, 
  • and to the bunker deliverer.

 

Photo credit: shraga kopstein on Unsplash / Gard
Published: 14 August, 2026

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LNG Bunkering

Shell expands LNG bunkering footprint in Spain with Valencia

As one of the region’s key maritime hubs, the company said Valencia expands the options available to shipowners seeking LNG supply along major shipping routes.

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Shell expands LNG bunkering footprint in Spain with Valencia

British oil giant Shell on Thursday (13 August) said Valencia has joined its growing network of bunkering locations, making LNG available as a marine fuel.

The successful completion of the first LNG bunkering operation in Valencia marked an important milestone for Spain and further strengthened Shell’s LNG supply capabilities across the Mediterranean. 

In a video shared by the company, bunkering vessel Alice Consulich was shown supplying an undisclosed volume of LNG to the container ship MSC Sabrina.

“As one of the region’s key maritime hubs, Valencia expands the options available to shipowners seeking LNG supply along major shipping routes,” Shell said in a social media post. 

Shell said the achievement reflected the strong collaboration across the maritime value chain, including MSC Mediterranean Shipping Company, the Port of Valencia and Fratelli Cosulich Group.

“We look forward to making more LNG bunker deliveries in Valencia and across the Mediterranean as LNG infrastructure and capabilities continue to expand,” the company said. 

 

Photo credit: Shell
Published: 14 August, 2026

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