The Singapore Supreme Court on Friday (18 September) said an application from Credit Suisse on 26 August for the sale of Liberian-flagged bulk carrier Sam Jaguar (IMO NO. 9637428) has been completed.
The proceeds amounting to USD 10,255,000 were paid into the Court on 14 September, according to a Singapore Gazette notice on Friday (18 September).
The 57,200 dwt vessel was detained at Singapore port in March.
Any person having a claim against Sam Jaguar or the proceeds of the sale, on which they intend to contest should accordingly do so within 90 days of the payment, said the Court
Photo credit: Marine Traffic / Cengiz Tokgoz
Published: 21 September, 2020
Dr Sit Kwong Lam lost an appeal against the bankruptcy order at Hong Kong’s Court of Appeal on 24 October 2019 due to missing Arbitration Clause in Personal Guarantee.
Application for winding up of the Xihe Capital Pte Ltd subsidiary was filed by the company on 23 February, according to a notice on the Government Gazette.
Unnamed sources suggest contaminated bunkers in US Gulf and Singapore derived from same source.
Estimated total value of MFO which was erroneously recorded as having been delivered to the receiving vessels across the 14 proceeded CMA charges is US$121,585.60, states court document.
The vessel TG9448TS could not produce documents to prove the legality of 45,000 litres of diesel.
Lars Moller to appeal against 18-month prison sentence over violation of several Criminal Codes.
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.
‘MPA had immediately contacted the relevant bunker suppliers to take necessary steps to ensure that the relevant batch of fuel was no longer supplied. Further investigations are currently on-going,’ it informs.
