Singapore: Creditors’ meeting for CV Shipping scheduled to take place in January

An online creditors’ meeting of ship manager and owner CV Shipping  Pte Ltd has been scheduled to take place on 18 January at 10am (Singapore time), according to a Wednesday (10 January) post on the Government Gazette by liquidator Wong Joo Wan.

The agenda of meeting are:

1. To receive an update on the Company’s liquidation administration;
2. To approve the Liquidator’s remuneration; and
3. To consider any other matters which may properly be brought before the meeting

Note: Any creditor entitled to attend and vote at the meeting is entitled to appoint a proxy or corporate representative to attend and vote on his behalf. A proxy or corporate representative need not be a member. The instrument appointing a proxy or corporate representative must be deposited at the Liquidator’s office, Alternative Advisors Pte Ltd, 1 Commonwealth Lane, #06-21 One Commonwealth, Singapore 149544 or via email to: [email protected] and [email protected] no later than 4.00 p.m. on the day before the meeting. The video conference details for the meeting will be circulated to creditors who have filed a Proof of Debt and have expressed their interest in attending the meeting virtually.

Manifold Times previously reported a winding up order made by PetroChina International (Singapore) Pte Ltd against CV Shipping Pte Ltd was issued by the High Court of the Republic of Singapore.

CV Shipping is believed to be a 50/50 joint venture between PetroChina International (Singapore) Pte Ltd and Petróleos de Venezuela, S.A. (PDVSA).

Related: PetroChina International (Singapore) Pte Ltd winds up CV Shipping Pte Ltd
Related: Singapore: Liquidator issues notice of dividend for CV Shipping Pte Ltd

Photo credit: Benjamin child
Published: 11 January, 2024