An application for the winding up of Victory Shipping Pte Ltd was filed by Estonia-based marine fuels and commodities trading company Bunker Partner is directed to be heard in the General Division of Singapore’s High Court at 10am on 12 June.

Manifold Times previously reported that the winding up application, filed on 13 April, was initially scheduled to be heard on 15 May. 

Victory Shipping, with representations in Malaysia, India and the U.A.E., operates dry bulk shipping contracts around the globe with voyages performed mainly in the Middle East and Southeast Asia.

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 solicitors of the applicant’s, Ming Law Asia, on payment of the regulated charge for the same.

The Applicant’s address is Liivalaia 36, 10132 Tallinn, Estonia.

The Applicant’s solicitors are Ming Law Asia of 28 Maxwell Road, #02-15 Maxwell Chambers Suites, Singapore 069120.

The notice said any person who intends to appear on the hearing of the winding up application must serve on or send by post to the Claimant’s solicitors, M/S MING LAW ASIA LLC of 28 Maxwell Road, #02-15 Maxwell Chambers Suites, Singapore 069120, a notice in writing of his intention to do so. 

The notice must state the name and address of the person, or, if a firm, the name and address of the firm, and must be signed by the person, firm, or his or their solicitors (if any) and must be served, or if posted, must be sent by post in sufficient time to reach the Claimant’s solicitors at least three clear working days before the day appointed for the hearing of the winding up application.

Manifold Times previously reported a virtual hearing between Victory Shipping and Integr8 Fuels Pte Ltd, organised by the High Court of the Republic of Singapore.

The event was to set aside a statutory demand served on 3 October 2025 by Integr8 Fuels lawyers under Section 125(2)(c) and Section 10 of the Insolvency, Restructuring and Dissolution Act 2018 (IRDA) against Victory Shipping, according to court documents obtained by the bunkering publication.

Integr8 Fuels provides bunker trading and brokerage services to shipowners and operators that enables them to optimise fuel procurement.

Related: Singapore: Estonian firm Bunker Partner files bid to wind up Victory Shipping
Related: Singapore: Victory Shipping aiming to set aside bankruptcy court process from Integr8 Fuels

Photo credit: Manifold Times
Published: 8 June, 2026

CNOOC Gas and Power Group on Thursday (4 June) said its bonded LNG bunkering volume has exceeded 200,000 cubic metres (m³) so far this year.

CNOOC’s two LNG bunkering vessels have completed 138 LNG bunkering operations since their commissioning, serving 138 international vessels and bunkering over 770,000 m³ of LNG.

The company has the world’s largest LNG bunkering and transport vessel, Hai Yang Shi You 301, and China’s first LNG transport and bunkering vessel capable of operating in both river and sea all year round, Hai Yang Shi You 302. 

The firm added that it has achieved milestones in both terminal bunkering and anchorage bunkering modes.

CNOOC Gas and Power Group said bonded LNG bunkering at anchorages offers better compatibility with international shipping schedules and enables on-demand bunkering, offering significant advantages in terms of space allocation, cost control, resource utilisation, and operational efficiency.

On 20 May, the Hai Yang Shi You 301 successfully refuelled two international vessels with LNG at the South Cheung Chau Anchorage in Hong Kong, marking a new stage in Hong Kong’s LNG bunkering operations.

CNOOC said it is continuing to expand its LNG bunkering operations, building an LNG bunkering network in ports including Shenzhen, Ningbo, Guangzhou, Hong Kong, Xiamen and other places.

Photo credit: CNOOC Gas and Power Group
Published: 8 June, 2026

Seascale Energy, a bunker procurement joint venture of Cargill’s Pure Marine Fuels and Hafnia’s Bunker Alliance, on Thursday (4 June) said it is continuing to strengthen its decarbonisation capabilities in response to the rapidly evolving fuel and regulatory landscape shaping global shipping.

Since its launch in May 2025, Seascale has facilitated several fuel transactions involving LNG, biofuels across various blends and green methanol demonstrating its ability to support customers beyond conventional bunker procurement, and also with emerging low- and zero-carbon fuel solutions.

To further reinforce this expertise, Seascale has entered into a strategic knowledge partnership with Lloyd’s Register Advisory (LR Advisory), focused on low-carbon fuels, FuelEU Maritime, EU ETS, IMO decarbonisation measures and the practical commercial implications of the energy transition.

As part of the first phase of the collaboration, LR Advisory recently delivered two dedicated training workshops for global Seascale teams across in both Europe and Asia, bringing together commercial and operational colleagues in both Geneva and Singapore.

The sessions focused on the evolving regulatory framework, biofuels as marine fuels, FuelEU pooling strategies, chain-of-custody requirements, emissions accounting and future fuel readiness.

The workshops also explored the realities of sourcing and managing alternative fuels, including compliance documentation, lifecycle emissions reporting and commercial risk considerations associated with biofuel adoption and emerging fuel markets. Particular attention was given to the growing importance of FuelEU Maritime and EU ETS in shaping procurement strategies and voyage economics.

The collaboration forms part of Seascale’s broader ambition to provide its members with credible, technically grounded guidance as maritime faces increasingly complex environmental regulations and fuel pathways.

Looking ahead, Seascale and Lloyd’s Register Advisory are exploring opportunities to extend elements of this knowledge-sharing initiative externally through dedicated client webinars and market-focused sessions. The objective is to help customers better understand the operational, commercial and regulatory implications of the maritime energy transition while supporting informed fuel procurement and compliance strategies.

Separately, Seascale Energy and Lloyd’s Register are also collaborating on the Bunkering Services Initiative (BSI), a technology-enabled, independently audited framework that promotes transparency in the Amsterdam-Rotterdam-Antwerp (ARA) region.

Related: Singapore-based Hafnia and Cargill launch bunker procurement JV Seascale Energy
Related: Seascale Energy procures green methanol bunker fuel for bulker “Brave Pioneer”

Photo credit: Seascale Energy
Published: 8 June, 2026