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Sentek Marine & Trading takes operator to court over $1.11 million in unpaid bunkers

The Almi Explorer received 2,158 mt of 380 cSt grade from a Singapore bunkering operation on 11 October 2014, through a trade with Dynamic Oil Trading.
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Singapore bunker supplier Sentek Marine & Trading is seeking a total of $1.11 million in unpaid bunkers from Stena Sonangol, the pool operator of Almi Explorer, at the High Court of Singapore, according to legal documents obtained by Manifold Times.

The bunker supplier has yet to receive payment for 2,158 metric tonnes (mt) of 380 centistokes (cSt) grade delivered to the crude oil tanker at Singapore port on 11 October 2014, with 30 days from the date of delivery.

The delivery operation was commissioned by Dynamic Oil Trading (Singapore) (DOT), a subsidiary of O.W. Bunker which collapsed on 7 November 2014.

Sentek claims DOT signed the former’s terms and conditions for the bunker delivery which included the following statement:

“Delivery of the [Bunkers] shall be deemed completed when the [Bunkers] passes the flange connecting [Plaintiffs’] delivery facilities with the receiving facilities provided by [DOT]. However, the ownership or title to the [Bunkers] shall remain vested in [the Plaintiffs] and shall not pass to [DOT] until the purchase price has been paid in full and received by [the Plaintiffs].

Until title to the [Bunkers] passes: [The Plaintiffs] shall have authority to retake, sell or otherwise deal with and/or dispose of all or any part of the [Bunkers];…”

Due to no payment received, Sentek issued a formal notice to pool operator Stena Sonangol on 7 November 2014 implying it had no right of “any consumption, use, dealing or parting with or disposal of or refusal to deliver up the bunkers”; and issued another formal written notice to DOT for payment due on 9 November 2014.

“Notwithstanding the aforesaid demand and/or requirement, the Defendants refused to and/or did not account for and deliver up the Bunkers and have thereby converted the Bunkers or such balance thereof remaining on board the Vessel as at the date of the said formal written notice to their own use and/or benefit.”

Stena Sonangol, meanwhile, says it contracted with OceanConnect Marine (OCM) to acquire bunkers for the Almi Explorer; OCM later contracted with DOT for the supply of bunkers at Singapore.

“At all material times, the Defendants were not aware of any contracts for the supply of Bunkers, or any dealings between the respective parties to the respective bunker supply contracts set out above, or the involvement of OCM, DOT and the Plaintiffs in the supply of the Bunkers,” said Stena Sonangol in its legal reply.

“In particular. The Defendants [Stena Sonangol] were not aware of the DOT-Sentek Contract which purportedly incorporated the Sentek T&Cs until the Plaintiffs’ solicitors issued a formal written noticed on or about 7 November 2014.”

Stena Sonangol, which has already paid OCM in November 2015, states it will rely on the DOT General Terms and Conditions and the OCM Standard Terms and Conditions for “their full terms and effect”.

An upcoming hearing of the case has been scheduled for 18 October 2018 at the Singapore High Court.
 

Photo credit: Jacklee, CC BY-SA 3.0
Published: 12 October, 2018
 

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Winding up

Singapore: High Court to hear Norvic Shipping Asia winding up application on 31 July

Application for the winding up of Norvic Shipping Asia Pte Ltd was filed by Netherlands-registered Mur Shipping BV on 8 April, according to Government Gazette notice.
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July 22, 2026

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RESIZED singapore high court

An application for the winding up of Norvic Shipping Asia Pte Ltd was filed by Netherlands-registered Mur Shipping BV on 8 April, according to a Tuesday (21 July) notice on the Government Gazette.

It noted the winding up application is directed to be heard before the Judge sitting in the General Division of the High Court at 10am on 31 July.

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

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 solicitors of the applicant’s, Oon & Bazul LLC, on payment of the regulated charge for the same.

The Applicant’s address is Hiridostraat 5, Gebouw Prismatrium, 1101CW Amsterdam, The Netherlands.

The Applicant’s solicitors are Oon & Bazul LLC of 103 Penang Rd, #04-04/05/06 Singapore 238467. 

Queries on the winding up application may be directed to the following email addresses: [email protected] and [email protected].

 

Photo credit: Manifold Times
Published: 22 July, 2026

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Legal

Singapore withdraws remaining 127 charges against Hin Leong founder OK Lim

Lim Oon Kuin, also known as OK Lim, was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges on 17 July.

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July 21, 2026

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Founder of collapsed oil trader Hin Leong Trading, Lim Oon Kuin, also known as OK Lim, has had the remaining 127 charges against him withdrawn, according to The Straits Times on Monday (20 July). 

OK Lim was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges, including those for cheating, on 17 July. The discharge means Lim cannot be prosecuted again for the same offences.

Lim, 84, is currently serving a 13½-year prison sentence after the High Court reduced his original 17½-year jail term in March 2026. He was convicted in 2024 on two cheating charges and one count of abetting forgery in a case prosecutors described as one of Singapore’s most serious trade finance frauds.

Lim was convicted in May 2024 of two charges of cheating the Hongkong and Shanghai Banking Corporation (HSBC) and one count of abetting forgery that proceeded to trial out of a total of 130 criminal charges.

He was first charged in court on 14 August 2020, and was subsequently handed further charges in court on 25 September 2020, 30 April 2021 and 24 June 2021 for his role in perpetuating fraud on various financial institutions. 

A total of 130 charges were eventually brought against him for cheating and forgery-related offences.

Related: Singapore: Hin Leong Founder OK Lim gets jail term slashed to 13.5 years

 

Photo credit: Sora Shimazaki
Published: 21 July, 2026

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Winding up

Singapore: Coastal Logistics Pte Ltd to be wound up voluntarily

Coastal Logistics was reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

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July 21, 2026

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RESIZED Drew Beamer

Several resolutions for Coastal Logistics Pte Ltd were made during an extraordinary general meeting held on 14 July, according to a notice in the Government Gazette on Friday (4 July).

The following resolutions were duly passed during the meeting:

As Special Resolution

  • That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018);

As Ordinary Resolutions

  • that Mr. Wong Pheng Cheong Martin and Ms. Koay May Yee, both care of FTI Consulting (Singapore) Pte Ltd, One Raffles Quay, #27-10 South Tower, Singapore 048583 be appointed as the joint and several Liquidators of the Company for the purpose of such winding up; and
  • that the Liquidators be at liberty to open, maintain and operate any bank account(s) or account(s) for monies received by them as Liquidators with such bank(s) as they deem fit; and
  • that a Committee of Inspection will not be formed.

Manifold Times previously reported Nicholas James Gronow, director of Heng Tong Fuels & Shipping and Coastal Logistics, filed statutory declarations for both companies stating the firms cannot continue their businesses due to liabilities.

Both companies were reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd. 

In 2019, several vessels owned by both firms entered the sale & purchase (S&P) market in Singapore.

Related: Singapore: Director declares Heng Tong Fuels & Shipping’s inability to continue business
Related: Heng Tong Fuels & Shipping in court over DBS Bank bunker tanker loan
Related: Singapore: Bunker tanker “Coastal Neptune” arrested
Related: Heng Tong Fuels & Shipping, Coastal Logistics tankers enter S&P market

 

Photo credit: Drew Beamer
Published: 21 July, 2026

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