Legal

APL Logistics apologises over “K” Line bankruptcy rumours

Parties have reached an amicable settlement at the Tokyo District Court on Tuesday.

Published

5 years ago

July 26, 2018

Japanese shipping firm “K” Line has reached “an amicable settlement” with Singapore-based APL Logistics Ltd (APLL), a subsidiary of Kintetsu World Express, over bankruptcy rumours of “K” Line spread by employees at the Tokyo District Court on Tuesday.

“In September 2016, our employees sent erroneous e-mails to our customers which were not based on the facts regarding the financial situation of “K” Line,” said APLL.

“’K’ Line thereafter responded by filing a lawsuit at the Tokyo District Court in December 2016 demanding damages in relation to such e-mails.

“We and our parent company, Kintetsu World Express, Inc., acknowledged the fact that the e-mails included an erroneous report, expressed our regret and responded sincerely, and now we and “K” Line have reached an amicable settlement in relation to that claim.”

Employees of APLL in September 2016 sent out emails containing rumours of “K” Line entering bankruptcy due to it being affected by Hanjin’s collapse in August of the same year.

“Some of APLL employees have disseminated false information to K Line’s clients, which had spread globally, by sending e-mails in which they strongly recommend terminating bookings on “K” Line and shifting to other carriers, because of a potential bankruptcy,” said “K” Line in a December 2016 statement.

“Thus, the reputation of “K” Line has been substantially damaged, and “K” Line has suffered considerable damage due to cancellations or suspensions of bookings by clients.

“'K' Line has decided to file a lawsuit, in order to restore its social confidence and clarify the social responsibility of a company such as APLL.”

Published: 26 July, 2018

Vessel Arrest

Malaysia: MMEA detains tanker for illegal anchoring in East Johor waters

Panama-registered vessel was operated by 17 crew members, aged between 21 to 58 years, from Pakistan, India and Bangladesh.

Published

6 hours ago

November 29, 2023

Admin

Malaysia: MMEA detains tanker for illegal anchoring in East Johor waters

The Malaysian Maritime Enforcement Agency (MMEA) on Tuesday (28 November) said a Panama-registered tanker has been detained for illegally anchoring in East Johor waters on 27 November.

MMEA Tanjung Sedili Zone acting director Maritime Cmdr Mohd Najib Sam said the tanker was detained by a patrol boat at 11am at 15.8 nautical miles northeast of Tanjung Penawar.

The captain of the vessel failed to produce any documents that permission had been obtained to anchor in Malaysian waters.

405967750 732918675528527 4979715291480286806 n

The vessel was operated by 17 crew members, aged between 21 to 58 years, from Pakistan, India and Bangladesh.

The case will be investigated under Section 491B(1)(L) of the Merchant Shipping Ordinance 1952 for anchoring without permission. If found guilty, individuals may be fined not exceeding MYR 100,000 or face an imprisonment term of not more than two years, or both.

Manifold Times previously reported law firm Oon & Bazul LLP sharing on steps shipowners should keep in mind before anchoring and conducting STS operations in Malaysian waters to avoid detention.

Photo credit: Malaysian Maritime Enforcement Agency
Published: 29 November, 2023

Vessel Arrest

Singapore: Comoros-flagged container ship “Race I” placed under Sheriff’s arrest

Ship, formerly known as “Wisdom Grace”, was added to the list of vessels under Sheriff’s arrest in Singapore’s court system; arrest was made on behalf of Oon & Bazul LLP.

Published

1 day ago

November 28, 2023

Admin

Singapore: Comoros-flagged container ship “Race I” placed under Sheriff’s arrest

Comoros-flagged container ship Race I was arrested in Singapore waters on Friday (24 November).

The 18,193 DWT vessel, formerly known as Wisdom Grace, was added to the list of vessels under Sheriff’s arrest in Singapore’s court system.

According to the list, the vessel was arrested at 11.48pm and the arresting solicitor listed was law firm Oon & Bazul LLP. The ship is currently held at the Eastern Anchorage.

No details regarding the reason behind the arrest were provided in the list.

Photo credit: MarineTraffic / Frank-Peter Mecklenbeck
Published: 28 November, 2023

Winding up

Singapore: Final meeting scheduled for Teras Conquest 8 Pte Ltd

Final meeting of the company and creditors will be held at 8 Wilkie Road, #03-08 Wilkie Edge, Singapore 228095 through an audio-visual conference on 27 December.

Published

1 day ago

November 28, 2023

Admin

The final meeting of Teras Conquest 8 Pte Ltd has been scheduled to take place on 27 December, according to the company’s liquidators on a notice posted on Monday (27 November) on the Government Gazette.

The final meeting of the company and creditors will be held at 8 Wilkie Road, #03-08 Wilkie Edge, Singapore 228095 through an audio-visual conference at 10.30 am.

The meetings are being held for the purpose of having an account laid before the members showing the manner in which the winding up has been conducted and the property of the respective company disposed of and of hearing any explanation that may be given by the Liquidators.

The following are details of the liquidators:

Ng Kian Kiat
Goh Wee Teck
Liquidators
c/o 8 Wilkie Road
#03-08 Wilkie Edge
Singapore 228095

Photo credit: Drew Beamer
Published: 28 November, 2023