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
The total amount of bunker fuel stolen has broken the SGD $6 million mark.
The oil tanker Adafera and bunker tanker Singa Berlian detained over ‘trespassing and entry without reporting’ in Johor waters on Tuesday morning.
The possibility of class actions in the U.S. against bunker suppliers ‘cannot be ruled out’, lawyers comment.
Pirates made off with two crew in a speedboat towards Tawi Tawi, Philippines
Provides OFAC’s perspective on the essential components of a sanctions compliance program for businesses.
Seeking bunker claim from 13 unpaid invoices; seven under Term Sales Contracts entered on 30 April 2020 and six under Spot Contracts, according to court documents obtained by Manifold Times.
Caroline Yang, President of SSA, addresses issues earlier raised by players; including PMC No. 04, the seven-day restriction, contactless bunkering, sampling point, hose connection, and more.
IBIA Asia, ABIS, sources from Singapore’s bunkering and surveying companies, and an industry veteran share with Manifold Times the issues expected from MPA’s latest Covid-19 measures.
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Changes include abolishing advance declaration of bunkers as dangerous cargo, reducing pilotage fees on vessels receiving bunkers, and a ‘whitelist’ system for bunker tankers.
Claim relates to deliveries of MGO to the vessels Pacific Diligence, Pacific Valkyrie, Pacific Defiance, Crest Alpha 1, and Pacific Warlock between March 2020 to April 2020.
