High Court of Singapore issues winding up order to FastFreight Pte Ltd

The High Court of Singapore on Friday (23 June) issued a winding up order to FastFreight Pte Ltd, according to a 4 July notice on the Government Gazette.

The winding up application was filed by Liberian-registered Bulk Trident Shipping Ltd on 19 May, 2023. The application was scheduled to be heard at the High Court of Singapore on 16 June.

The winding up order also included the following names and addresses of the liquidators:

Mr Jason Aleksander Kardachi
c/o Kroll Pte Limited
1 Raffles Place, Tower 2, #10-62
Singapore 048616

Mr Borrelli Cosimo
c/o Kroll Pte Limited
1 Raffles Place, Tower 2, #10-62
Singapore 048616

All creditors of the FastFreight should file their proof of debt with the liquidators who will be administering all affairs of the company. 

According to FastFreight’s website, the firm is a global player in the drybulk and tanker arena established in Singapore providing freight services to all sizes of fleet. It added it has offices in locations such as Mumbai and Dubai. 

Fastfreight lost an appeal against Bulk Trident Shipping regarding a charterparty of Anna Dorothea to carry a bulk cargo from East Coast, India to China. 

Related: Singapore: High Court to hear FastFreight winding up application on 16 June

Photo credit: Sora Shimazaki on Pexels
Published: 5 July, 2023