Legal

Singapore: Straits Bunkering a step closer in securing SGD 8 million bunker spill liability ceiling

Remaining claims to be compensated by International Oil Pollution Compensation Fund 1992 which has a much higher limit of SGD 362 million.

Published

2 years ago

August 7, 2024

Admin

Straits Bunkering and QBE Insurance (Singapore), which uses the brand name British Marine, has taken a step closer in securing liability limitation from a recent bunker spill involving Marine Honour (IMO 9422811).

PSA Corporation will not be to contesting the right for Straits Bunkering and British Marine to limit their liability, showed documents obtained from the court by Manifold Times.

The latest development paves way for Straits Bunkering and British Marine to limit their liability, whereby a ceiling of 4,510,000 Special Drawing Rights (SDR) valued at approximately SGD 8 million will be deposited by QBE Insurance into a local bank account.

Claims exceeding the liability limitation of Straits Bunkering, owner of bunker tanker Marine Honour, will meanwhile be made against International Oil Pollution Compensation Fund 1992 which has a much higher limit of SGD 362 million.

Singapore is a Party to both the 1992 Civil Liability Convention (CLC) and the 1992 Fund Convention. It has been confirmed that the oil from the vessel is persistent and that the Marine Honour falls within the definition of ‘ship’ under those Conventions. Therefore, both the 1992 CLC and Fund Convention apply to this incident.

Under the 1992 CLC, the shipowner has strict liability for any pollution damage caused by the oil, i.e. the owner is liable even if there was no fault on the part of the ship or its crew. However, the shipowner has the right to limit its financial liability to an amount that is determined by the tonnage of the ship.

The 1992 Fund Convention provides a second tier of compensation when full compensation for the pollution damage cannot be obtained from the shipowner, or valid claims exceed the shipowner’s limit. Claimants may be individuals, partnerships, companies, private organisations or public bodies, including States or local authorities.

On 30 July, IOPC Funds and British Marine, insurer of Marine Honour, opened a Claims Submission Office to facilitate the submission of claims for compensation by those affected by the oil pollution damage resulting from the incident, which occurred at Pasir Panjang Terminal, Singapore on 14 June 2024.

Note: Lawyers from Helmsman LLC are representing Straits Bunkering and QBE Insurance (Singapore), while PSA Corporation is represented by lawyers from Rajah & Tann Singapore LLP.

Published: 7 August 2024

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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.

Published

3 days ago

August 14, 2026

Admin

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

Winding up

Singapore: Liquidators of East Marine Pte Ltd issues notice of annual meeting

Annual meeting of the company and its creditors will be held at 8 Wilkie Road, #03-08 Wilkie Edge, Singapore 228095 via audio-visual conference on 20 August at 11am.

Published

5 days ago

August 12, 2026

Admin

A notice of annual meeting was issued by liquidators of East Marine Pte Ltd, which is in creditor’s voluntary liquidation, on the Government Gazette on Friday (7 August).

According to the notice, the annual meeting of the company and its creditors will be held at 8 Wilkie Road, #03-08 Wilkie Edge, Singapore 228095 via audio-visual conference on 20 August at 11am.

The purpose of the meeting is to have an account laid before the meeting showing the acts and dealings of the liquidators and the conduct of the winding up in the preceding year.

The following are the details of the liquidators:

Ng Kian Kiat
Yap Hui Li
Liquidators
c/o 8 Wilkie Road
#03-08 Wilkie Edge
Singapore 228095

Photo credit: steve pb from Pixabay
Published: 12 August, 2026

Winding up

Singapore: Annual and final meetings to be held for Asia-Pacific Shipyard Pte Ltd

Annual meeting and the final meeting of the company and its creditors will be held at 8 Wilkie Road, #03-08 Wilkie Edge, Singapore 228095 via audio-visual conference on 9 September.

Published

5 days ago

August 12, 2026

Admin

A notice of annual meeting and final meeting was issued by liquidators of Asia-Pacific Shipyard Pte Ltd, which is in creditor’s voluntary liquidation, on the Government Gazette on Friday (7 August).

According to the notice, the annual meeting and the final meeting of the company and its creditors will be held at 8 Wilkie Road, #03-08 Wilkie Edge, Singapore 228095 via audio-visual conference on 9 September.

The annual meeting will be held at 2pm while the final meeting will be held at 3pm.

The purpose of the meeting is to have an account laid before the meeting showing the acts and dealings of the liquidators and the conduct of the winding up in the preceding year and the manner in which the winding up has been conducted and the property of the company has been disposed of and hearing any explanation that may be given by the liquidators.

The following are the details of the liquidators:

Ng Kian Kiat
Yap Hui Li
Liquidators
c/o 8 Wilkie Road
#03-08 Wilkie Edge
Singapore 228095

Photo credit: Drew Beamer
Published: 12 August, 2026