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Singapore: Creditors of MOECO Asia EP2 Pte. Ltd. to submit claims before 25 July

Creditors to send it in their names and addresses, with particulars of their debts and claims, to the Liquidator on or before 25 July 2022, according to notice.

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Two notices were published in the Government Gazette on Friday (24 June) regarding the winding up process of MOECO Asia EP2 Pte. Ltd, a wholly-owned subsidiary of Mitsui Oil Exploration Co., Ltd.

The first notice informed creditors of the company to send in their names and addresses and particulars of their debts or claims, and the names and addresses of their solicitors (if any) to the Liquidator on or before 25 July, 2022. 

If required by notice in writing by the said Liquidator creditors are, by their solicitors or personally, to come in and prove their debts or claims at such time and place as shall be specified in such notice, or in default thereof they will be excluded from the benefit of any distribution made before such debts are proved.

Contact details of the liquidator are as follows:

Ong Kok Yeong David
Liquidator
c/o 80 Robinson Road #02-00
Singapore 068898

The second notice was informing that an Extraordinary General Meeting of the members of the company was held on 16 June 2022, where the following Resolutions were duly passed:

AS SPECIAL RESOLUTIONS

  • That the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring And Dissolution Act 2018 (Act 40 of 2018).
  • That the Liquidators be authorised to exercise any of the powers provided by Section 144(1)(b), (c), (d), (e), (f) and (g) of the Insolvency, Restructuring And Dissolution Act 2018 (Act 40 of 2018).
  • That in accordance with the provisions of the Company’s Constitution, the Liquidators be and are hereby authorised to distribute in specie all or any part of the assets of the Company remaining after satisfaction of all debts and liabilities.

AS ORDINARY RESOLUTIONS

  • That Ong Kok Yeong David and Tay Tuan Leng c/o Tricor Singapore Pte. Ltd., 80 Robinson Road, #02-00, Singapore 068898 be appointed jointly and severally as Liquidators of the Company for the purpose of such winding up.
  • That the remuneration of the Liquidators be based on their normal scale rates for carrying out the assignment plus disbursements and that the Liquidators’ fees be paid out of the assets of the Company.

Mitsui Oil Exploration Co. Ltd. explores and distributes energy products. The company is also known to produce crude oils, natural gases, and other energy products.

 

Photo credit: steve pb from Pixabay
Published: 27 June, 2022

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Business

Hong Kong-based bunker trading firm E-Marine expands ops with new Shanghai branch office

The HONG KONG E-MARINE SHANGHAI BRANCH will assist E-Marine’s head office in handling bunker trading operations and increase overall bonded bunker trading volumes at China.

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E Marine Shanghai office front

Hong Kong-based marine fuel and lubricant trading company Hongkong E-Marine Supply Service Corporation Limited (E-Marine) on April 15 launched a branch office in Shanghai, learned Manifold Times.

The company HONG KONG E-MARINE SHANGHAI BRANCH will assist the head office in handling bunker trading operations and increase overall bonded bunker trading volumes at China, Managing Director Darcy Wang told the bunkering publication.

“The Shanghai office serves as our China business support and coordination centre. It enables us to stay close to our customers, suppliers and business partners, while also providing access to a deep pool of industry talent,” he shared.

This development is in line the target to significantly increase our annual bonded bunkering portfolio in China to 1 million metric tonnes (mt) by 2030.

“As we continue to expand our presence in China, we welcome capable and motivated individuals who share our long-term vision to join our Shanghai office.”

E-Marine’s new Shanghai office address is as follows:

Shanghai Xuhui District
Chang Ning Road No.889
Shanghai Yang Guang Bin Jiang Center
Unit 22-13

Candidates interested in growing together with E-Marine are invited to send their CV or profile to [email protected].

E Marine Shanghai office tea cups

Related: E-Marine raising China bonded bunker trading portfolio to 1 million mt by 2030, seeks talents
RelatedHong Kong-based bunker trading firm E-Marine obtains ISCC EU certification
RelatedHong Kong-based bunker trading firm E-Marine introduces Global Sales & Procurement Manager
RelatedHong Kong-based bunker trading firm E-Marine expands operations with Singapore branch
RelatedBunker and lube trading firm Hongkong E-Marine Supply Service to open Singapore branch by June

 

Photo credit: Manifold Times
Published: 4 June 2026

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Biofuel

BHP and GCMD trial multi-feedstock B100 bio bunker fuel on bulk carrier

Bio-blend in the BHP and GCMD pilot is being used on a BHP-chartered bulk carrier “Berge Lyngor”, which was bunkered in Singapore in early May.

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BHP and GCMD trial multi-feedstock B100 bio bunker fuel on bulk carrier

BHP and the Global Centre for Maritime Decarbonisation (GCMD) on Wednesday (3 June) said they have blended biofuels from two distinct feedstocks—used cooking oil and waste animal fats —and introduced the lower-emissions marine fuel into a BHP-chartered bulk carrier as part of a pilot project.

The bio-blend in the BHP and GCMD pilot is being used on a BHP-chartered bulk carrier Berge Lyngor, owned and operated by Berge Bulk, transporting BHP iron ore from Western Australia to China. When run on bio-blend, the vessel has the potential to reduce well-to-wake greenhouse gas emissions by approximately 79 per cent per voyage compared to sailing on very low sulphur fuel oil (VLSFO).

The vessel bunkered in Singapore in early May with a B100 bio-blend comprising 50 percent tallow-derived biodiesel, sourced and supplied by HAMR Energy, and 50 per cent used cooking oil (UCOME) supplied by Mitsui & Co Energy Trading Singapore (METS).

Mitsui also blended the fuel and Dan-Bunkering coordinated and executed the bunkering operation, which was performed by Global Energy’s barge MT Maple.

The BHP and GCMD pilot will assess how biofuels from multiple feedstocks can be blended, handled, and introduced under real-world operating conditions using existing used cooking oil bunkering infrastructure.

At the same time, insights from this pilot will help identify solutions to challenges related to fuel quality, handling, traceability, and onboard vessel performance.

Biofuels for global shipping today rely heavily on used cooking oil – a feedstock whose availability is approaching its projected limits. Biofuel from waste animal fats presents a promising option to expand the supply of lower-emissions marine fuels.

The outcomes of the pilot are expected to shed light on the practical steps to integrate biofuel blends from different feedstocks into existing supply chains. The diversity of biofuels will provide shipowners and operators with greater flexibility to optimise fuel procurement based on cost, availability, and lifecycle emissions performance.

Biofuels derived from different feedstocks can exhibit varying properties that may impact operations, including potential corrosion from oxidation, fuel system clogging caused by wax formation, which this pilot aims to assess.

The pilot will trace and verify the biofuel blend’s integrity aimed at bolstering confidence in emissions reductions reporting. The pilot will also provide insights into how robust tracing can support future marine fuel supply chains where biofuels from multiple feedstocks with varying lifecycle greenhouse gas emissions footprints are blended together.

This project is co-funded by the Maritime and Port Authority of Singapore under the Maritime Innovation and Technology Fund (MINT).

 

Photo credit: Global Centre for Maritime Decarbonisation
Published: 3 June, 2026

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Biofuel

NYK starts one-year B100 bio bunker fuel trial on car carrier

In this trial, NYK will operate a car carrier continuously on B100 for one year to evaluate the impact on engines, fuel supply systems, and operational practices.

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NYK starts one-year B100 bio bunker fuel trial on car carrier

Japanese shipping firm NYK on Tuesday (2 June) said it has commenced a one-year long-term trial involving the continuous use of 100% biofuel (B100) on an NYK-operated car carrier. 

In this trial, NYK will operate a car carrier continuously on B100 for one year to evaluate the impact on engines, fuel supply systems, and operational practices. High-purity biofuels such as B100 are known to be susceptible to degradation from oxygen, light, and heat, raising concerns about the stability of such fuels during long-term use.

In this trial, the biofuel primarily comprises FAME (Fatty Acid Methyl Ester) derived from used cooking oil and similar feedstocks.

The initiative is designed to evaluate the fuel’s effects on the vessel’s equipment and verify operational safety under real-world conditions. 

Through this effort, NYK seeks to accumulate technical expertise that will support the broader use of high-purity biofuels and further accelerate efforts to reduce greenhouse gas (GHG) emissions.

NYK has been advancing the use of biofuels through various initiatives. In 2024, the company conducted a trial using biofuel blend B24 and subsequently expanded practical usage to B30. However, the company said there remains limited global experience with the long-term continuous use of B100.

“By collecting long-term operational data through this trial, NYK aims to accumulate valuable technical insights to support both the safe operation of vessels and the wider adoption of high-purity biofuels,” it said. 

 

Photo credit: NYK
Published: 3 June, 2026

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