Connect with us

Winding up

Singapore: Liquidator set meetings of creditors, contributories for Delta Corp Shipping

After the High Court issued a winding up order to the company in September, the liquidator has scheduled meetings for creditors and contributories on 14 October at 5pm and 4pm respectively.

Admin

Published

on

calculator steve pb from Pixabay

A meeting for creditors of Delta Corp Shipping Pte Ltd, which is undergoing compulsory liquidation, has been scheduled to take place on 14 October, according to a Government Gazette notice on Friday (3 October). 

The meetings will be held by electronic means by way of video conferencing via Zoom at 5pm (Singapore time). 

In another notice, the liquidator of the company, Farooq Ahmad Mann, said a meeting of the contributories will also be held via Zoom on 14 October at 4pm (Singapore time).

The agenda of the meetings will be as follow:

  • To lay before the creditors a full statement of the affairs of the Company, showing the assets and liabilities of the Company;
  • To discuss the Company’s ongoing arbitrations including the urgent need for funding with respect to the same;
  • To consider and if thought fit, to appoint a Committee of Inspection;
  • To consider any other matters which may properly be brought before the meeting that is relevant to the liquidation of the Company.

Delta Corp Shipping Pte Ltd is reportedly the Singapore arm of bulker operator and logistics group Delta Corp Holdings. 

Manifold Times previously reported the High Court of Singapore issuing a winding up order to Delta Corp Shipping after months of being hit with several winding up applications. 

The applications were filed by companies  including Japan’s NYK Bulk & Projects Carriers Ltd, Arte Bunkering Pte Ltd and Raiser International Shipping Co Limited. 

Arte Bunkering Pte Ltd is the Singapore branch of Tallinn-based bunker and marine lube trading company Arte Bunkering OÜ, which was set up in 2020. 

Notes:

  • Creditors may attend the above meeting by way of video conference via Zoom by submitting a General or Special Proxy form and including the details of one attendee by way of email to: [email protected] / [email protected] / [email protected] / [email protected] not later than 5:00pm (Singapore time) on Monday, 13 October 2025. Further video conferencing details will be circulated to you shortly after receipt of the above details and confirmation, provided that the details and confirmation are provided in a form that is satisfactory.
  • To entitle creditors to attend, nominate and vote thereat, creditors of the abovenamed Company are required to lodge their Proof of Debt (Form CWU-1), if not done so previously, at the office of M/s Mann & Associates PAC of 3 Shenton Way, #03-06C Shenton House Singapore 068805 or via email to: [email protected] / [email protected] / [email protected] / [email protected] not later 5:00pm (Singapore time) on Friday, 10 October 2025.
  • Contributories may attend the above meeting by way of video conference via Zoom by submitting a General or Special Proxy form and including the details of one attendee by way of email to the email addresses mentioned above not later than 4:00pm (Singapore time) on Monday, 13 October 2025. Further video conferencing details will be circulated to you shortly after receipt of the above details and confirmation, provided that the details and confirmation are provided in a form that is satisfactory.

Related: Delta Corp Shipping slapped with winding up order by High Court of Singapore
Related: Singapore: Winding-up applications against Delta Corp Shipping pile up
Related: Singapore: Delta Corp Shipping gets hit with another winding up application
Related: Singapore: Arte Bunkering Pte Ltd files for winding up application of Delta Corp Shipping
Related: Singapore: High Court to hear Delta Corp Shipping winding up application on 11 April

 

Photo credit: steve pb from Pixabay
Published: 6 October, 2025

Continue Reading

Winding up

Singapore: Notices of intended dividend issued for Hua An Shipping and related firms

Creditors will need to produce proofs of debt to liquidators of Hua An Shipping, Hua Guang Shipping, Nan Hai Maritime, Nan Sia Maritime and Nan Zhou Maritime by 11 September.

Admin

Published

on

By

RESIZED Drew Beamer

Notices of intended dividend for Hua An Shipping Pte Ltd, Hua Guang Shipping Pte Ltd, Nan Hai Maritime Pte Ltd, Nan Sia Maritime Pte Ltd and Nan Zhou Maritime Pte Ltd were published on the Government Gazette on Friday (28 August). 

The following are the details of the notice of Hua An Shipping Pte. Ltd:

Name of Company : Hua An Shipping Pte. Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 200610919Z
Address of Registered Office : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960
Last Day for Receiving Proofs : 11 September 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960

Details of the notice of intended dividend for Hua Guang Shipping Pte. Ltd are as follows:

Name of Company : Hua Guang Shipping Pte. Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / : 200610922R Registration No.
Address of Registered Office : c/o Grant Thornton Singapore Private Limited 8 Marina View #40-04/05 Asia Square Tower 1 Singapore 018960
Last Day for Receiving Proofs : 11 September 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited 8 Marina View #40-04/05 Asia Square Tower 1 Singapore 018960

Details of the notice of intended dividend for Nan Hai Maritime Pte Ltd are as follows:

Name of Company : Nan Hai Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. /Registration No. : 200814299M
Address of Registered Office : c/o Grant Thornton Singapore Private Limited 8 Marina View #40-04/05 Asia Square Tower 1 Singapore 018960
Last Day for Receiving Proofs : 11 September 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private, Limited 8 Marina View #40-04/05 Asia Square Tower 1 Singapore 018960

Details of the notice of intended dividend for Nan Sia Maritime Pte Ltd are as follows:

Name of Company : Nan Sia Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No.  / Registration No.  : 200814320Z
Address of Registered Office : c/o Grant Thornton Singapore Private Limited 8 Marina View #40-04/05 Asia Square Tower 1 Singapore 018960
Last Day for Receiving Proofs : 11 September 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited 8 Marina View #40-04/05 Asia Square Tower 1 Singapore 018960

Details of the notice of intended dividend for Nan Zhou Maritime Pte Ltd are as follows:

Name of Company : Nan Zhou Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No.: 200814295H
Address of Registered Office : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960
Last Day for Receiving Proofs : 11 September 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960

 

Photo credit: Drew Beamer

Published: 31 August, 2026

Continue Reading

Winding up

Singapore: Notices of annual meeting issued for Vroon Shipping Asia and related firms

Annual meetings of the companies will be held by electronic means on the 6 October 2026 at 3pm, according to Government Gazette notices.

Admin

Published

on

By

RESIZED Drew Beamer

Notices of annual meeting were issued by liquidators of Vroon Shipping Asia Pte Ltd and related firms, which are in members’ voluntary liquidation, on the Government Gazette on Thursday (27 August). 

The other companies involved are Vroon Offshore Asia Pte Ltd and Vroon Ship Holding Pte Limited. 

According to the notices, the annual meetings of the companies will be held by electronic means on the 6 October 2026 at 3pm.

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

 

Photo credit: Drew Beamer
Published: 28 August, 2026

Continue Reading

Winding up

Hengli Petrochemical’s ex-Singapore trading arm faces winding up application

In April, China’s Hengli Group reportedly reorganised the shareholding structure of its Singapore-based trading arm shortly after the United States imposed sanctions on its refinery unit.

Admin

Published

on

By

Singapore High Court

An application for the winding up of Hengli Petrochemical International Pte Ltd, the former Singapore trading arm of Hengli Petrochemical (Dalian) Refinery, is scheduled to be heard at 10am on 4 September, according to a Monday (24 August) notice on the Government Gazette.

The application was filed by Dalian Hengli New Energy Sales Co Ltd, a creditor of the company, on 14 August and will be heard at the High Court of Singapore.

In May, it was reported that Hengli Petrochemical International dismissed some employees, with some workers being laid off while others were offered positions in other entities. 

In April, China’s Hengli Group reportedly reorganised the shareholding structure of its Singapore-based trading arm shortly after the United States imposed sanctions on its refinery unit.

On 24 April, US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned China-based independent teapot refinery Hengli Petrochemical (Dalian) Refinery Co Ltd, a unit of Hengli Petrochemical, saying it purchased billions of dollars’ worth of Iranian oil.

The company shifted most of the ownership of Hengli Petrochemical International to Dalian Changxing International Trade, a firm backed by a local Chinese government entity.

The Singapore unit was last reported to be 95% owned by this new shareholder, while Hengli Petrochemical’s Dalian refinery retains a 5% stake. Previously, the refinery had full ownership of the Singapore entity.

It was reported that Hengli Petrochemical denied it has engaged in any trade with Iran. 

The notice stated that any creditor or contributory of the company desiring to support or oppose the making of an order on the winding up application may appear at the time of hearing by himself or his counsel for that purpose.

A copy of the winding up application will be furnished to any creditor or contributory of the company requiring the copy of the winding up application by the undersigned on payment of the regulated charge for the same.

The Applicant’s address is No. 551, Pincui Road, Changxing Island Economic Zone, Dalian Liaoning Province, China.

The Applicant’s solicitors are M/S ASIALEGAL LLC of 1 Coleman Street, #07-02A, The Adelphi, Singapore 179803.

Related: Hengli’s former Singapore trading arm begins staff layoffs ahead of potential May shutdown
Related: Hengli shifts ownership of Singapore trading arm in wake of US sanctions
Related: US sanctions China’s second-largest teapot refinery for purchasing Iranian oil

 

Photo credit: Manifold Times
Published: 26 August, 2026

Continue Reading
Advertisement

OUR INDUSTRY PARTNERS



Trending