Ships sailing by Algoa Bay are forced to seek bunkers elsewhere as bunker operations remain suspended.

With Algoa Bay temporarily inaccessible for bunkering, ships being diverted to alternative ports in its vicinity to bunker.

Bunker demand has increased in Mozambique’s Nacala and Maputo ports as bunkering remains completely shut off in Algoa Bay, a source says. Ships are also seeking bunkers at other South African ports such as Durban and Cape Town.

VLSFO and LSMGO availability has remained steady so far in Durban, but availability could tighten there going forward because of the Algoa Bay crisis, a source says.

Some bunker buyers are still booking stems for deliveries in Algoa Bay in late October. They anticipate that bunkering could resume by that time, a port agent tells ENGINE. As of now, both onshore and offshore bunkering remain suspended, the port agent adds.

The reputational damage from the South African authority crackdowns could be immense. Even if the current issue is resolved and bunker operations resume, there may be lingering perceptions of Algoa Bay as a problematic location for bunkering, another source argues.

"Once bitten, twice shy," it says.

Algoa Bay bunkering has faced hightened scrutiny after the South African Revenue Service (SARS) detained bunker barges over import duty disputes earlier this month.

By Nithin Chandran

Manifold Times previously reported South African Revenue Service (SARS) issuing a media statement concerning the detention of five vessels involved in the fuel bunkering supply chain. 

Related: South African Revenue Service issues media statement on detention of bunkering vessels
Related: ENGINE: Algoa Bay bunkering at a standstill as authority detains barges – sources

Source: ENGINE
Photo credit: MarineTraffic / Bernd Bölscher
Published: 2 October, 2023

Hong Kong-based Joint Vision Shipping Co., Limited (Hong Kong SAR Registration No. 3103011) is planning to windup Times Shipping Pte Ltd (Singapore UEN No. 202002249Z) at the High Court of the Republic of Singapore, according to a Monday (25 September) post on the Government Gazette.

Joint Vision Shipping first filed the application for the winding up of Times Shipping to the General Division of the High Court on 12 September 2023.

Following, the application for the winding up of Times Shipping has been scheduled to be heard in the General Division of the High Court of the Republic of Singapore at 10.00 a.m. on 6 October 2023.

Any creditor or contributory of the company desiring to support or oppose the making of an order of the winding up application may appear at the time of the hearing by himself or his counsel for that purpose; and 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 undersigned on payment of the regulated charge for the same.

The Claimant’s address is 6/F Manulife Place, 348 Kwun Tong Road, Kowloon, Hong Kong.

The Claimant’s solicitors are Morgan Lewis Stamford LLC of 10 Collyer Quay #27-00 Ocean Financial Centre, Singapore 049315.

Photo credit: Manifold Times
Published: 26 September, 2023

A creditors meeting for Anjasmoro Maritime and ten other sister maritime firms has been scheduled to be held by way of electronic means on 3 October 2023 at 1.00pm (SGT), according to the Government Gazette on Friday (22 September).

Information for the event is related to:

• Anjasmoro Maritime Pte. Ltd. (Company Registration No. 200403118R) – 1pm (SGT)
• Dewayani Maritime Pte. Ltd. (Company Registration No. 200105886G) – 1.30pm (SGT)
• Fatmarini Maritime Pte. Ltd. (Company Registration No. 200207063H) – 2pm (SGT)
• Gagarmayang Maritime Pte. Ltd. (Company Registration No. 200414648C) – 2.30pm (SGT)
• Gandari Maritime Pte. Ltd. (Company Registration No. 200105809W) – 3pm (SGT)
• Gandini Maritime Pte. Ltd. (Company Registration No. 200105885R) – 3.30pm (SGT)
• Indradi Maritime Pte. Ltd. (Company Registration No. 200106034C) – 4pm (SGT)
• Pramoni Maritime Pte. Ltd. (Company Registration No. 200807407R) – 4.30pm (SGT)
• Tirtasari Maritime Pte. Ltd. (Company Registration No. 200107622K) – 5pm (SGT)
• Wulansari Maritime Pte. Ltd. (Company Registration No. 200102335K) – 5.30pm (SGT)
• Frabandari Maritime Pte. Ltd. (Company Registration No. 200207056H) – 6pm (SGT)

The creditors meeting will be held for the purposes of:

1. receiving a statement of the company’s affairs together with a list of creditors and the estimated amounts of their claims;
2. appointing liquidator(s);
3. appointing a committee of inspection of not more than 5 members, if thought fit; and
4. any other business.

Photo credit: Jo_Johnston from Pixabay
Published: 26 September, 2023