‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP...
Nurul Hizam bin Zakaria, Johor State Maritime Director First Admiral, said the two oil tankers were arrested in separate days, 9 September and 11 September.
Lead prosecutor Andreas Myllerup Laursen aims for a fine and a prison sentence in the so-called Syria case scheduled to commence in Odense, Denmark on 26...
Ocean Goby, Ocean Manta, Ocean Jack, and Ocean Porpoise arrested between 23 to 29 August 2021 and held at the Eastern Special Purpose Anchorage.
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66...
Following resolutions affecting both firms have been passed by written means on (23 August) pursuant to sections 184A to 184F of the companies act.
Development follows an application for the winding up of the company to the General Division of the High Court on 12 July 2021.
Creditors meeting aims to receive a statement of the company’s affairs together with the list of creditors and the estimated amounts of their claims.
Revenue growth substantially attributed to oil trading & bunkering services segment, due to the recovery of the maritime industry and global oil prices.
Business operations currently financed and supported by internal resources, as banks have frozen NewOcean’s credit facilities due to debt restructuring.
