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China: Additional 10 companies awarded bonded bunker fuel licences from Jan to Sept 2022

A total of 30 domestic companies to date have met the qualifications to supply bonded fuel oil to ships on international voyages, according to Longzhong Information Group.

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Zhejiang Free Trade Zone Manifold Times

A total of 10 companies have been awarded licences to supply bonded bunker fuel in China from January to September 2022, according to domestic site Oilchem. 

According to data from Shandong-based Longzhong Information Group, there are a total of 30 domestic companies to date that have met the qualifications to supply bonded fuel oil to ships on international voyages. 

From the total, five received national licences (only four are in operation this year), 13 received Zhejiang Free Trade Zone regional licences, four for Shenzhen regional licences, four for Guangzhou regional licences, and two for Hainan area licences, and another two for Shanghai licences.

Among the 30 companies, there are 26 companies conducting bonded bunker fuel supply operations in 2022, consisting of four who hold national licences and 22 who obtained regional local licences. 

Table 3
Photo by Oilchem. Translated by Manifold Times.

From the newly added licence companies to date in 2022, most of them are CNPC, Sinopec or local port joint ventures. This also reflects that companies in the market would need to have advantages in resources or port terminals in order to gain a foothold in the bonded bunker fuel market, according to Longzhong. 

The group also elaborated the market for China’s bonded ship fuel supply is expected to further improve with the increase of enterprises gaining their licences from the local authorities and aggressive market competition in various regions. 

Disclaimer: The above article published by Manifold Times was sourced from China’s domestic market through a local correspondent. While considerable efforts have been taken to verify its accuracy through a professional translator and processed from sources believed to be reliable, no warranty is made regarding the accuracy, completeness and reliability of any information.

Related: China: Yantian Port Shihua Company completes first bonded bunkering op
Related: China: Guangzhou PetroChina Fuel Oil completes first bonded bunkering op
Related: Guangzhou government issues bonded bunkering licence to PetroChina subsidiary
Related: Shanghai issues first batch of bonded bunkering licences to two local players
Related: CNOOC (ShenZhen) Marine Supplies completes first bonded bunker fuel operation
Related: Guangzhou govt issues bonded bunkering licence to PetroChina subsidiary
Related: Guangzhou Circle Storage completes first bunker ops under revised delivery model
Related: Guangzhou: First bonded bunkering op starts under new licensing scheme
Related: Guangzhou unveils grand plans for its bonded bunkering sector at launch event
Related: China: Guangzhou issues bonded bunkering business licences to two local players

Photo credit: Manifold Times / Oilchem
Published: 21 October, 2022

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Business

Singapore: Hawksbill Shipping and related companies to be wound up voluntarily

Creditors are required on or before the 6 July to send in their names and addresses and particulars of their debts or claims to appointed liquidators, according to Government Gazette notices.

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steve pb from Pixabay

Several notices in the Government Gazette were published by the Director of Hawksbill Shipping Pte Ltd and related companies on Friday (5 June), regarding some resolutions that were passed in relation to the winding up of the companies. 

The other companies are Leatherback Shipping Pte Ltd and Matamata Shipping Pte Ltd.

The following resolutions were duly passed during an Extraordinary General Meeting for the companies on 29 May:

Special Resolutions

  1. That the Company be wound up as a Members’ Voluntary Liquidation pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.
  2. That the Liquidators may divide among the contributories in specie or kind the whole or any part of the assets of the Company.
  3. That the Liquidators be authorised to exercise any or all of the powers provided under Section 144(1)(b), (c), (d), (e), (f) and (g) of the Insolvency, Restructuring and Dissolution Act 2018.

Ordinary Resolution

  1. That Lee Yi Ying, Marie and Khor Boon Hong care of Baker Tilly Consultancy (Singapore) Pte Ltd, 600 North Bridge Road, #05-01 Parkview Square, Singapore 188778, be appointed joint and several Liquidators for the purpose of such liquidation.

In another notice, the liquidators said creditors for the companies are required on or before the 6 July to send in their names and addresses and particulars of their debts or claims, and the names and addresses of their solicitors (if any) to the liquidators. 

The notice also applies to other companies including Posh Investment Holdings (Malaysia) Pte Ltd and Parang Shipping (2020) Pte Ltd. 

Liquidators may also require creditors to, “come in and prove their debts or claims at such time and place as shall be specified in such notice, or in default thereof they will be excluded from the benefit of any distribution made before such debts are proved.”

The liquidators can be contacted at the following address:

Marie Lee
Khor Boon Hong
Joint Liquidators
C/o Baker Tilly
600 North Bridge Road
#05-01 Parkview Square
Singapore 188778

 

Photo credit: steve pb from Pixabay
Published: 9 June, 2026

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Winding up

Singapore: Meetings of creditors, contributories scheduled for Da Shun Shipping Pte Ltd

Liquidator of the company will provide an update on the status of the liquidation of the company, according to Government Gazette notices.

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RESIZED Drew Beamer

A meeting for creditors of Da Shun Shipping Pte Ltd , which is undergoing compulsory liquidation, has been scheduled to take place on 12 June, according to a Government Gazette notice on Friday (5 June). 

The meetings will be held by videoconference only at 2pm (Singapore time). 

In another notice, the liquidator of the company, Yit Chee Wah, said a meeting of the contributories will also be held by videoconference on 12 June at 3.30pm (Singapore time).

The agenda of the meetings will be as follow:

  • To provide an update on the status of the liquidation of the Company i.e. to consider a compromise or an arrangement amongst the creditors and contributories of the Company; and
  • Any other business.

Notes:

  1. Particulars of the claims of any creditors who wish to attend and vote at this meeting must be lodged with c/o FTI Consulting (Singapore) Pte Ltd, via email at [email protected] not later than 4:00 p.m. (Singapore time) on 11 June 2026. Secured creditors (unless they surrender their security) must give particulars, the date the security was received and its value if they wish to vote at the meeting.
  2. Proxies to be used at the meeting must be duly completed and lodged with c/o FTI Consulting (Singapore) Pte. Ltd. via email at [email protected] not later than 4:00 p.m. (Singapore time) on 11 June 2026.
  3. The meeting shall be held by videoconference only. Details of the videoconference will only be provided (via email) to those creditors who have registered their intent in attending the meeting.

 

Photo credit: Drew Beamer
Published: 9 June, 2026

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Winding up

Singapore: Notice of intended dividend issued for Xin Sheng Shipping Pte Ltd

Creditors of the companies will have to submit proof of debt to the liquidators of Xin Sheng Shipping by 22 June at 5 pm, according to Government Gazette notice.

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RESIZED Jo_Johnston from Pixabay

A notice to declare the intended dividend of Xin Sheng Shipping to its creditors has been posted on the Government Gazette on Monday (8 June).

The following are the details of the notice of intended dividend:

Name of Company : Xin Sheng Shipping (Pte) Ltd (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 199004277D
Address of Registered Office : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960
Last Day for Receiving Proofs : 22 June 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960

 

Photo credit: Jo_Johnston from Pixabay
Published: 9 June, 2026

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