London-based professional services firm Ernst & Young is scheduling a meeting on 18 July, 2018 to update creditors on the progress of liquidation of the defunct Singapore-based bunker supplier Vanguard Energy Pte Ltd
A notice on the Business Times indicated the meeting of creditors to be held at 1 Maritime Square #11-08 Harbourfront Centre, Singapore 099253 at 10.00 am on 18 July 2018.
“To entitle you to vote thereat, your proof of debt and proxies must be lodged with the Liquidators not later than 12.00pm on the 17th day of July 2018 at One Raffles Quay, North Tower Level 18, Singapore 048583,” it says.
“Copies of the proof of debt, general proxy and special proxy may be collected from the office of the Liquidators within office hours.”
Vanguard Energy was placed under compulsory liquidation on 21 November 2014.
Published: 10 July, 2018
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.