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Singapore: Bomin Bunker Oil Pte Ltd to undergo voluntary liquidation

Creditors are to submit all particulars and proofs of debt to the appointed liquidator by Monday, 26 April or risk any benefit from any distribution made.

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Two notices were published in the Government Gazette on Friday (26 March) regarding Bomin Bunker Oil Pte Ltd undergoing voluntary liquidation. 

According to the first notice, an Extraordinary General Meeting was held pursuant to Section 179(6) of the Companies Act (Cap. 50) on Friday, 19 March where the following resolutions were duly passed:

  • That the company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act
  • ThatLai Seng Kwoon be and appointed as the sole Liquidator of the company for the winding up process;
  • That pursuant to Section 177(1)(a) of the Act, the Liquidator is hereby authorised to exercise any or all of the powers given by Sections 144(1)(b), (c), (d), (e), (f) and (g) of the Act; and
  • That the Liquidator is authorised to distribute either in cash or in specie to the contributory any part or all of the surplus assets of the company.
  • That the books and papers of the company and those of the Liquidator shall be retained for a period of 5 years from the date of dissolution and may be destroyed or otherwise disposed of at the Liquidator’s discretion at any time after the expiration of that period.

The second notice calls creditors of the company to send in their names and addresses and particulars of their debts or claims, and the names and addresses of their solicitors (if any) to the appointed Liquidator by Monday, 26 April.

If so required, creditors are to come in and prove their debts or claims at such time and place as shall be specified in a notice in writing from the Liquidator, risk being excluded from the benefit of any distribution made before such debts are proved.

The published contact details for the appointed liquidator are:

16 Raffles Quay
#22-00 Hong Leong Building
Singapore 048581

Related: Bomin to honour Singapore bunker contracts upon exit, says MD
Related: Official: Bomin exits Singapore and Antwerp bunker markets
Related: Breaking: Bomin Singapore, Mabanaft fuel oil team allegedly exiting market
Related: Bomin closes Dubai office, appoints new MD
Related: Mabanaft: ‘Unsatisfactory’ 2017 bunker results
Related: Bomin sells off German bunker subsidiary


Photo credit: Drew Beamer
Published: 29 March, 2021

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Winding up

Singapore: Final meetings scheduled for Flores Shipping and related companies

Other companies involved in the matter are Lombok Shipping and PACC Banda; meetings will be held at 600 North Bridge Road, #05-01 Parkview Square, Singapore 188778.

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The final meetings of members of Flores Shipping Pte Ltd and related companies, have been scheduled to take place on 14 April, according to the company’s liquidators on a notice posted on Friday (14 March) on the Government Gazette.

The other companies involved in the matter are Lombok Shipping Pte Ltd and PACC Banda Pte Ltd. 

The meetings will be held at 600 North Bridge Road, #05-01 Parkview Square, Singapore 188778 at the following times: 

  • Flores Shipping: 9am 
  • Lombok Shipping: 9.30am
  • PACC Banda: 10am

The meetings will be held the purpose of having an account laid before the members showing the manner in which the winding up has been conducted and the property of the company disposed of and of hearing any explanation that may be given by the liquidators.

The details of the liquidators are as follows:

Victor Goh
Khor Boon Hong
Marie Lee
Joint Liquidators
C/o Baker Tilly
600 North Bridge Road
#05-01 Parkview Square
Singapore 188778

Note: Pursuant to Section 181 of the Companies Act 1967, a member entitled to attend and vote at this meeting is entitled to appoint another person or persons as his/her proxy to attend and vote in his/her stead. Proxies to be used at the meeting must be lodged at the Office of the Liquidators not later than 48 hours before the meeting.

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

 

Photo credit: Benjamin-child
Published: 17 March, 2025

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Legal

Dutch crew members plead guilty over their role in major 2024 Singapore bunker spill

Merijn Heidema, Eric Peijpers, Martin Hans Sinke, and Richard Ouwehand, who are crewmen of dredger “Vox Maxima”, pleaded guilty for failing to discharge their duties properly at the State Courts on 12 March.

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Four Dutch crew members of Netherlands-flagged dredger Vox Maxima, which crashed into a Singapore-flagged bunker vessel in 2024 and caused a major bunker spill in Singapore, on Wednesday (12 March) pleaded guilty for failing to discharge their duties properly, according to media reports. 

Merijn Heidema, 26, Eric Peijpers, 56, Martin Hans Sinke, 48, and Richard Ouwehand, 49, pleaded guilty to one charge each under the Merchant Shipping Act 1995 at the State Courts. 

Singapore-flagged bunker vessel Marine Honour was hit by Vox Maxima at Pasir Panjang Terminal on 14 June last year, which resulted in an oil spill in Singapore waters.

The crash caused one of Marine Honour’s oil cargo tanks to rupture, releasing 400 metric tonnes (mt) of low-sulphur fuel oil into the sea. 

The dredger lost propulsion and steering control before crashing into Marine Honour.

Court documents reportedly revealed that on the morning of 14 June 2024, a circuit breaker controlling the flow of electrical power from one of the dredger’s main generators to a step-down transformer was opened for maintenance works to be conducted.

The circuit breaker remained open after the maintenance works were completed that morning. 

Peijpers, a second engineer, and Heidema, a third engineer, who were the officers in charge of the engineering watch at the time, did not check the condition of the circuit breakers.

This eventually led to another circuit breaker tripping, which then led to the loss of steering and propulsion control of the dredger.

Heidema and Peijpers also failed to ensure a sufficient reserve of power was available for Vox Maxima’s steering gear when the engine room was put in a standby condition.

Upon the loss of steering control, both Ouwehand and Sinke, who were responsible to carry out emergency steering, did not do so.

The prosecution sought fines of between SGD 40,000 and SGD 50,000 each for Heidema and Peijpers and fines between SGD 20,000 and SGD 30,000 each for Ouwehand and Sinke.

The four Dutch crew members are expected to be sentenced on 2 April.

Related: Four Dutch seafarers charged for alleged roles in causing Singapore oil spill
Related: Thirteen deficiencies flagged during inspection for dredger involved in Singapore oil spill
Related: Singapore oil spill: Minister refutes claim that contractor was slow in preventing further spillage
Related: MPA: Claims exceeding liability of “Marine Honour” owner will be made against international fund
Related: MPA: Owner of bunker tanker involved in Singapore oil spill is liable for pollution damage
Related: Malaysia to look into demands of Johor fisherman affected by oil spill from Singapore
Related: Singapore oil spill: Clean-up enters next phase of cleaning rock bunds
Related: MPA: Clean-up ops continue following oil spill in Singapore, affected beaches closed
Related: Singapore: Oil spill cleanup after allision between dredger “Vox Maxima” and bunker tanker “Marine Honour”

 

Photo credit: Manifold Times
Published: 13 March, 2025

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Winding up

Singapore: Annual general meetings scheduled for Xihe Holdings subsidiaries

Annual general meetings will be held electronically between 26 to 27 March for Da Guang Tankers Pte Ltd, Dafa Shipping Pte Ltd, Dong Jiang Tankers Pte Ltd, and Xin An Shipping Pte Ltd.

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Several notices were published on the Government Gazette on Wednesday (12 March) regarding the annual general meetings to be held by electronic means between 26 to 27 March for Xihe Holdings subsidiaries, namely Da Guang Tankers Pte Ltd, Dafa Shipping Pte Ltd, Dong Jiang Tankers Pte Ltd, and Xin An Shipping Pte Ltd. 

Annual general meetings for Da Guang Tankers are to be held on 27 March at the following times:

For the company: 3 pm
For the creditors: 4pm

Annual general meetings for Dafa Shipping are to be held on 26 March at the following times:

For the company: 2pm
For the creditors: 3pm

Annual general meetings for Dong Jiang Tankers are to be held on 26 March at the following times:

For the company: 10.00 am
For the creditors: 11.00 am

Annual general meetings for Xin An Shipping are to be held on 27 March at the following times:

For the company: 10.00 am
For the creditors: 11.00 am

The agenda for all the meetings are:

  • To receive an update on the liquidation.
  • To receive an account of the Liquidators’ acts and dealings, and of the conduct of the winding up

The following are the details of the liquidator:

Ho May Kee
Liquidator
c/o 8 Marina View
#40-04/05 Asia Square Tower 1
Singapore 018960

Xihe Holdings Pte Ltd and its subsidiaries are owned by the Lim family, who are also the owners of the embattled Hin Leong Trading.

Related: Singapore: Additional Xihe Holdings subsidiaries to be placed under judicial management
Related: JMs: First creditors meeting of Xihe Holdings subsidiaries to be held in January 2021

 

Photo credit: Drew Beamer
Published: 13 March, 2025

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