The first meeting of contributories of Hong Kong-listed NewOcean Energy Holdings Limited, which is currently undergoing liquidation, has been organised by its joint provisional liquidators, according to a recent filing.
The meeting will be held at Level 35, Oxford House, Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong on Wednesday, 12 October 2022 at 3:00 p.m. (Hong Kong time).
The purpose of the meeting will be as follows:
NewOcean’s business segments include the sales and distribution of LPG, sales of electronic products, and its oil products business. The company was also involved in bunkering operations at Hong Kong and Singapore ports.
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Related: NewOcean records USD 174 million 1H 2020 loss; Singapore bunkering business remains
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Photo credit: NewOcean Energy Holdings Limited
Published: 4 October, 2022
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Shell Argina and Shell Gadinia extended oil life and improved engine reliability while lowering lube consumption.
More than 50 port authorities from Asia, Oceania, Middle East, Africa, Europe and Americas ensured merchant vessels can continue calling at their ports.
IBIA addresses issues arising when crew on bunker barges are predominantly foreign nationals and have no shore access or medical care due to COVID-19 measures.
The company was unable to obtain all necessary approvals by the contractual deadline of 27 March.
Covers Upstream, International Trading and Bunkering, Marine Transportation, and Zhoushan Oil Storage.
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“Our Singapore branch is under preparation and is expected to start business at the republic before June 2023,” Managing Director Darcy Wong tells bunkering publication Manifold Times in an interview.
Development to supply B35 biodiesel blend officially takes effect on 1 February; local bunker suppliers will be able to deliver updated spec within March onwards, once current stocks of B30 avails run out.
VPS, Global Centre for Maritime Decarbonisation, Wilhelmsen Ship Management, and INTERTANKO executives offered a multitude of perspectives to 73 attendees during the VPS Biofuels Seminar, reports Manifold Times.
Headway will launch a new fuel supply system suitable for alternative bunker fuels such as hydrogen and ammonia; to focus on procurement and construction of carbon capture systems in 2023 following R&D.
Competition for FAME from aviation and road transportation sectors have resulted in some shipowners resorting to adopt more readily available CNSL blends as biofuel for vessels, explains Steve Bee.
