The liquidators of defunct Singapore-based trading firm ZenRock Commodities Trading Pte Ltd on Monday (7 February) issued a notice of intended dividend on the Government Gazette.
Details of the notice are as follows:
A complete coverage of the events leading to the liquidation of ZenRock Commodities Trading has been arranged by Singapore bunker publication Manifold Times (in descending date order) below:
Related: Liquidators of Zenrock Commodities announce intended dividend to creditors
Related: Zenrock Commodities files for winding up order, hearing date set
Related: Singapore: High Court grant HSBC’s request to place Zenrock under judicial management
Related: Singapore: Troubled Zenrock Commodities rumoured to be winding down in August
Related: Update: Hearing date set for HSBC application to place Zenrock under judicial management
Related: Zenrock assents to HSBC’s application for it to be placed under judicial management
Related: Argus Media: HSBC accuses Singapore’s Zenrock of ‘suspicious’ trades
Related: HSBC accuses Zenrock of fraudulent dealings, files for legal action amid credit concerns
Related: Winson Group and ZenRock Commodities reassure fiscal stability despite Hin Leong fiasco
Photo credit: Manifold Times
Published: 8 February, 2022
IMO 2020 has been one of the greatest moments in the company’s 40-year history, Olivier Baiwir, CEO of Aderco, shares with Singapore bunkering publication Manifold Times.
‘Non-compliance to these regulations may result in imprisonment with labour for up to one year and/or a fine of up to 10 million won,’ warns the P&I club.
An earlier MPA notice outlined precautionary measures for personnel to observe when conducting marine refuelling operations at port in order to minimise the risk of contracting Covid-19.
Middle East Petroleum Gas Conference (MPGC) to take place on 24-25 January 2022 in Kingdom of Bahrain; more than 30 key speakers to address ten sessions.
‘Only surefire way to successfully implement the new global sulphur cap is follow the regulations to the letter.’
Refinery Automation Institute Vice President and CFO highlights the majority of blenders and shipowners calculate bunker blend component properties linearly.
Cash of SGD 4.43 million and USD 243,100, and one piece of 100-gram gold-coloured bar recovered in safe belonging to Abdul Latif Bin Ibrahim kept at Extra Space warehouse storage facility, show court documents.
Program introduces periodic assessments, mass flow metering data analysis, and regular training for relevant key personnel to better handle the MFMS to ensure a high level of continuous operational competency.
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.
