‘Xihe is deeply grateful to the lenders and to the Court for this opportunity,’ said the company in an official press release on Wednesday.
Initial hearing adjourned as Damodara Ong LLC neglected to publish the notice, a legal requirement for the hearing to proceed; the new hearing date is 7...
Owner of detained tanker Diamond Z selling bunker fuel to fishing vessel found to be Singapore-based ZBD International, according to authority.
Helmsman LLC lawyers discuss pausing of LC payment, what it means for parties buying ships from companies of a group affected by fraud allegations, and trafficking...
Listing of Brightoil’s shares on the Stock Exchange was cancelled on 16 March 2020, according to a written Judgement of Russell Coleman, a Judge of the...
Fishing vessel TG-91926 TS was discovered at 9pm on Wednesday (22 July) 50 nautical miles from Hon Khoai Island with four crew members onboard.
‘To this end, the Bank has shown there are grounds for suspecting the CIA Contract may be a sham / fake contract and/or was not performed,’...
OCBC “strongly distrusts” the current management of Xihe and suggests restructuring to restore confidence for potential investors, reports The Business Times.
In May, HSBC filed an affidavit accusing Zenrock of being involved in fraudulent deals whereby it used the same cargo as collateral to secure loans from...
Executive Director of Pacific Prime Trading and Ex-Regional Marine Manager of BP Singapore are expected to face sentencing in September at the State Courts of Singapore.
