The Directors of Xihe Holdings subsidiary Nan Chiau Maritime (Pte.) Ltd. on 4 July declared the company’s inability to continue business, according to a Thursday (21 July) notice on the Government Gazette.
As such, a meeting of its creditors has been organised to take place on 27 July 2022, a date within one month of the date of the Statutory Declaration.
The agenda of the meeting is as follows:
A copy of the detailed agenda for the meeting of creditors of the Company on the aforementioned date and time has been circulated to all known creditors of the Company via registered post and email.
Any creditor of the Company who has not received the detailed agenda by this date is invited to contact the Company’s representatives at Ms. Gwee Hui Fang ([email protected]) and Ms. Ashley Shanti ([email protected]). where upon satisfactory verification, a copy of the detailed agenda will be provided.
‘The MOU will foster innovation in smart and autonomous ship technologies, and support the use of green ammonia as a sustainable fuel to help decarbonise global shipping,’ says the Chief Executive of MPA.
PetroSeraya appoints YTL PowerSeraya veteran See Yoong Hwee to drive its fuel tank leasing operations; together with Rafe Liam as Commercial Manager, they will spearhead the company’s initiatives.
‘This biofuel bunker delivery represents a new chapter for Eng Hua as we are now moving with the times towards the era of decarbonisation,’ Mike Sin, Director at Eng Hua, tells bunkering publication Manifold Times.
MPA has also asked Glencore to improve its internal procedures to ensure that prompt action is taken in future when it becomes aware of, or reasonably suspects, any irregularity in fuel quality, it states.
Dynamic Asset Investments Limited and Goldsland Holdings Co Ltd helped Vermont UM Bunkering maintain a “Cash Float” of about SGD 100,000 to facilitate “buyback” bunker transactions at Singapore port.
Senior Cargo Officer gained SGD 48,800 worth of commission from “buyback” bunker transactions and illegally obtained SGD 410,712.257 by cheating Vermont, a Singapore court heard on Thursday (21 July).