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Shipowner and captain fined for using heavy fuel oil around Svalbard

Foreign shipping company has been fined NOK 1 million for having sailed one of its cargo ships with heavy fuel oil on board within the territorial waters around Svalbard; captain has been fined NOK 30,000.

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A foreign shipping company has been fined NOK 1 million (USD 94,632) for having sailed one of its ships with heavy fuel oil on board within the territorial waters around Svalbard, which is a breach of the Svalbard Environment Act, according to the Governor of Svalbard on Thursday (13 June). 

In addition, the captain has been fined NOK 30,000.

On 6 June 2024, the cargo ship passed into Svalbard's territorial waters, despite the vessel having heavy fuel oil on board, which was established by an inspection carried out by inspectors from the Norwegian Maritime Directorate on the same day.

“This is a breach of Section 82a of the Svalbard Environment Act, which stipulates that ships calling at Svalbard cannot use or have heavy fuel oil as a means of transport. The provision applies to the whole of Svalbard and was introduced on 1 January 2022,” Lars Fause said. 

For the violation of Section 82a of the Svalbard Environment Act, the Governor of Svalbard has issued a forfeiture order against the foreign shipping company of NOK 1,000,000. In addition, the captain of the ship has been fined NOK 30,000.

“It is the first time that the Governor has fined a company in connection with a breach of the heavy oil provision on Svalbard,” he added. 

The fines have not been accepted. The shipping company provided a guarantee for the sum of the fine and was thus allowed to sail down from Svalbard on Wednesday evening, 12 June.

The main hearing in the case is scheduled for the Nord-Troms district court in early October.

 

Photo credit: Venti Views on Unsplash
Published: 20 June, 2024

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Winding up

Singapore: Beluga Shipping and related companies to undergo members’ voluntary liquidation

Other companies that will undergo the liquidation process are Ibis Pacific Shipping, Mahuta Shipping, Orca Shipping, Petronia Pacific, Pulas Shipping and Sawara Shipping, according to a Government Gazette notice.

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Singapore-based Beluga Shipping Pte Ltd and its related companies will undergo members' voluntary liquidation following an Extraordinary General Meeting on 30 December, according to a Government Gazette notice published on Monday (6 January).

The other companies are:

  • Ibis Pacific Shipping Pte Ltd
  • Mahuta Shipping Pte Ltd
  • Orca Shipping Pte Ltd
  • Petronia Pacific Pte Ltd
  • Pulas Shipping Pte Ltd
  • Sawara Shipping Pte Ltd

The resolutions set out below were duly passed:

Special Resolutions

  1. That the Company be wound up as a Members’ Voluntary Liquidation pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.
  2. That the Liquidators may divide among the contributories in specie or kind the whole or any part of the assets of the Company.
  3. That the Liquidators be authorised to exercise any or all of the powers provided under Section 144(1)(b), (c), (d), (e), (f) and (g) of the Insolvency, Restructuring and Dissolution Act 2018.

Ordinary Resolution

  1. That Goh Yeow Kiang Victor, Khor Boon Hong and Lee Yi Ying, Marie care of Baker Tilly Consultancy (Singapore) Pte Ltd, 600 North Bridge Road, #05-01 Parkview Square, Singapore 188778, be appointed joint and several Liquidators for the purpose of such liquidation.

 

Photo credit: Benjamin Child
Published: 7 January, 2025

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Winding up

Singapore: Atlantic Acapulco and related firms enter voluntary liquidation, select liquidators

Other companies that will undergo the liquidation process are Atlantic Altamira (2020), Atlantic Maya and Atlantic Monterrey, according to a Government Gazette notice.

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Atlantic Acapulco Pte Ltd and its related companies will undergo members' voluntary liquidation following an Extraordinary General Meeting on 30 December, according to a Government Gazette notice published on Monday (6 January).

The other companies are:

  • Atlantic Altamira (2020) Pte Ltd
  • Atlantic Maya Pte Ltd
  • Atlantic Monterrey Pte Ltd

The resolutions set out below were duly passed:

Special Resolutions

  1. That the Company be wound up as a Members’ Voluntary Liquidation pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.
  2. That the Liquidators may divide among the contributories in specie or kind the whole or any part of the assets of the Company.
  3. That the Liquidators be authorised to exercise any or all of the powers provided under Section 144(1)(b), (c), (d), (e), (f) and (g) of the Insolvency, Restructuring and Dissolution Act 2018. 

Ordinary Resolution

  1. That Goh Yeow Kiang Victor, Khor Boon Hong and Lee Yi Ying, Marie care of Baker Tilly Consultancy (Singapore) Pte Ltd, 600 North Bridge Road, #05-01 Parkview Square, Singapore 188778, be appointed joint and several Liquidators for the purpose of such liquidation.

According to SGP Business website, Atlantic Acapulco’s principal activity is in shipping, including chartering of ships and boats with crew.

 

Photo credit: Drew Beamer
Published: 7 January, 2025

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Winding up

Singapore: Liquidator of Dong Nan Tankers issues notice of dividend

First interim dividend for the company is payable from 3 January and entitlements will be made either by way of telegraphic transfer or by cheque, according to Government Gazette notice.

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A notice was published in the Government Gazette on Friday (3 January), regarding the first interim dividend to creditors of Dong Ya Tankers Pte Ltd.

The following are details of the notice of dividend of Dong Ya Tankers:

Name of Company : Dong Ya Tankers (Pte) Ltd (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 198400897Z
Address of Registered Office : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960
Amount per centum (US$) : 15.00 cents to a dollar of admitted unsecured claims
First and Final or otherwise : First Interim Dividend
When payable : 3 January 2025
Where payable : Entitlements will be made either by way of telegraphic transfer or by cheque, to be collected from the Company’s registered address as above.

 

Photo credit: Drew Beamer
Published: 6 January, 2025

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