Malayan Banking Berhad, also known as Maybank, is seeking to liquidate a total USD $38.3 million under Mortgagee’s Claim from the owner of four bunker tankers arrested by law firm Rajah & Tann Singapore LLP at Singapore port on Monday.
Vermont UM Shipping is believed to be the owner and operator of the Angel Sun, Angel Star, Angel Moon and Ansheng.
According to Singapore court documents obtained by Manifold Times, the estimated liquidated value of the vessels are as follows:
Data of the arrested vessels are as follows:
| SB Licence | Name | Year built | DWT (mt) | Product |
| 0579F | ANGEL SUN | 2006 | 4,998 | MFO |
| 0708Z | ANGEL MOON | 2011 | 6,963 | MFO |
| 0711Z | ANGEL STAR | 2012 | 6,941 | MFO |
| 0697J | ANSHENG | 2012 | 6,842 | MFO |
*Data from the Maritime and Port Authority of Singapore (MPA)
Vermont UM Bunkering is a stakeholder of Vermont UM Shipping, according to information from Singapore’s Accounting and Corporate Regulatory Authority (ACRA).
Vermont UM Bunkering had its bunker supplier and bunker craft operator licence revoked by MPA on 28 April, 2016.
On 16 November 2017, Vermont UM Bunkering’s two directors and one former bunker manager were charged in court with 150 counts of engaging in a conspiracy to cheat customers.
The group dishonestly induced clients to make excess payments totalling over $8 million.
Related: Singapore: Four bunker tankers arrested
Published: 5 April, 2018
Societe Generale seeks to claim USD 20.5 million from NewOcean Petroleum due to ‘constructive trustee’ relationship with Pacific Dragon (Hong Kong) Energy Limited.
5,869 dwt vessel was involved in an alleged unauthorised anchoring incident in the East Johor Sea on Monday.
Captain of Yen Dinh 0025 could not produce documents proving the legality of 120 kl of ‘DO’ oil onboard.
OFAC placed Maritime Assistance LLC and five vessels under sanctions after co-investigation with the FBI.
‘We would like to express our deep gratitude to Singapore Police Coast Guard and Maritime and Port Authority of Singapore for their prompt intervention that crippled the unlawful activity,’ states Alex Ow Yong.
The 3,592 dwt Sea Tanker II used to be a bunkering tanker delivering marine fuel in the Singapore market.
‘We’ll start the application [to MPA] before the end of 2022 and hopefully to receive approval within six months or sooner,’ L. Y. Hwang, Director / General Manager of Oval Asia Pacific Pte Ltd, tells Manifold Times.
Digitalisation makes it easier for shipowners to conform to growing external regulations such as new sulphur regulations and ‘no scrubber’ zones; operators can identify better bunkering options to reduce costs.
Eventual adoption of Digital Bunker Document Standard speeds up interoperability between stakeholders from both public and private sectors, learns Singapore bunkering publication Manifold Times.
Rob Ashton, Market Manager of Infineum, explains how Infineum B402 is a relatively easy way for a ship operator to positively influence a vessel’s CII rating while improving its bunker fuel consumption performance.
Fifteen incidents of misappropriation of Shell gasoil worth USD 10,4 million went undetected by Shell between 2016 to 2017 due to Muhammad Ali Bin Muhammad Nor’s involvement, learned Manifold Times.
ISO delegates represented seven countries and were in Singapore to attend a three-day meeting of ISO WG13 to develop two new ISO bunkering standards, learns Singapore bunkering publication Manifold Times.
