A hearing between Singapore-based capital financing provider Ethoz Capital Ltd (Ethoz) and local bunker supplier A Dot Marine Pte Ltd (ADM) was held at the High Court of the Republic of Singapore on Wednesday (8 January).
Ethoz was seeking for debt repayment of approximately $953,000 from ADM, including a property as part of an Instrument of Mortgage arrangement entered in 12 September 2017, according to court documents obtained by Manifold Times.
The debt includes an additional Term Loan Facility Agreement entered in 15 August 201, and separate Deeds of Guarantee signed on 15 August 2017 and 11 September 2018.
ADM is currently an accredited bunker supplier operating at the Port of Singapore licensed for delivers of only marine gas oil (MGO) product.
Published: 14 January, 2020
On 5th June 2021, VPS carried out a Remaining On Board (R.O.B.) survey on board a Singapore-registered bunker tanker at short notice by the Charterer and quickly identified the theft of 98 metric tons of bunker fuel.
The Bunkerchain Pte Ltd and Helmsman LLC sponsored event will be moderated by Gabian Chew, Senior Editor of Singapore bunkering publication Manifold Times.
No quarantine required if vessels have not called at Brazil, India, Nepal, Pakistan, the Philippines and South Africa during the 21 days prior to arrival at Hong Kong port, according to Marine Department notice.
CCIC discuss the progression of MFM technology for bunkering at Singapore port with Manifold Times; and possible development of a primary facility for MFM calibration.
‘The acquisition of PGI Industries will enhance VPS’ preventative maintenance services offered to the power sector, increasing protection and sustainability of the asset,’ says Malcolm Cooper, CEO, VPS.
A foreign vessel was involved in an alleged unauthorised STS incident with bunker tanker Pearl Melody on 5 June, Director and General Manager of Consort Bunkers tells Manifold Times.
14 Jun 2021