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Winding up

Singapore: Creditors’ meeting for Coastal Logistics Pte Ltd adjourned to 3 December

Director of Singapore-based bunker tanker owner Heng Tong Fuels & Shipping and Coastal Logistics filed SDs in August stating that the firms could not continue their businesses due to liabilities.
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8 months ago

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RESIZED Drew Beamer

The first meeting of creditors for Coastal Logistics Pte Ltd has been further adjourned to 3 December, according to a Government Gazette notice by the company’s liquidator on Friday (21 November). 

The meeting will be at 3.30 pm via electronic means.

The meeting was first adjourned to 24 September and then 22 October. 

“If you believe you are a creditor of the Company, please email [email protected] or [email protected],” the notice added. 

The notice was signed by joint and several provisional liquidator Luke Anthony Furler.

Coastal Logistics Pte Ltd and Singapore-based bunker tanker owner Heng Tong Fuels & Shipping Pte Ltd (HTFS) were reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd. 

Manifold Times previously reported Nicholas James Gronow, a director of HTFS, filing a statutory declaration (SD) with the Official Receiver’s office stating that the company cannot continue its business due to its liabilities.

Gronow also filed a SD for Coastal Logistics Pte Ltd on the same day stating that the company cannot continue its business due to its liabilities. 

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

Manifold Times previously reported the legal representatives of HTFS and financial institution DBS Bank Ltd meeting to discuss a loan agreement entered on 12 April 2012.

The loan agreement saw HTFS borrow up to a total of US $10.4 million for the construction of 4,999 dwt bunker tankers Coastal Neptune and Coastal Jupiter at a Guangzhou Hangtong Shipbuilding and Shipping Co Ltd shipyard. 

Related: Singapore: Creditors’ meeting for Heng Tong Fuels & Shipping postponed to 22 October
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” arrestedRelated: Heng Tong Fuels & Shipping, Coastal Logistics tankers enter S&P market

 

Photo credit: Drew Beamer
Published: 24 November, 2025

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Winding up

Singapore: Liquidator of Nan Shan Maritime Pte Ltd issues notice of dividend

Third interim dividend to admitted unsecured claims of Nan Shan Maritime is payable from 15 July, according to Government Gazette notice.
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Published

5 days ago

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July 16, 2026

By

RESIZED Drew Beamer

A notice of dividend for Nan Shan Maritime Pte Ltd, which is currently in creditors’ voluntary liquidation, was published on the Government Gazette on Wednesday (15 July). 

The following are the details of the notice:

Name of Company : Nan Shan Maritime (Pte.) Ltd.(In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 201701967H
Address of Registered Office : 10 Anson Road, #10-10, International Plaza, Singapore 079903
Amount per centum : 5.00 Per Centum of all admitted unsecured, claims
First and Final or Otherwise : Third Interim
When Payable : 15 July 2026
Where Payable : Entitlements will be made by way of cheque.

 

Photo credit: Drew Beamer
Published: 16 July, 2026

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Winding up

Singapore: Liquidator of Selco (Shipyard) Pte Limited issues notice of dividend

Fifth and final dividend to admitted creditors of Selco (Shipyard) is payable from 13 July, according to Government Gazette notice.
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1 week ago

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July 13, 2026

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Resized benjamin child

A notice of dividend for Selco (Shipyard) Pte Limited, which is currently in compulsory liquidation, was published on the Government Gazette on Friday (10 July). 

The following are the details of the notice:

Name of Company : Selco (Shipyard) Pte Limited (In Compulsory Liquidation) Co. Reg. No. 196800580K
Address of Registered Office : 7 Straits View, Marina One East Tower, Level 12, Singapore 018936
Court : High Court of the Republic of Singapore
Number of Matter : Companies Winding Up No.: 125 of 1986
Amount per centum : 0.499 cents to a dollar
First and final or otherwise : Fifth and final dividend
When payable : From 13th day of July 2026
Where payable : c/o PricewaterhouseCoopers Advisory Services Pte Ltd, 7 Straits View, Marina One East Tower, Level 12, Singapore 018936

 

Photo credit: Benjamin Child
Published: 13 July, 2026

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Winding up

Singapore: Annual general meetings scheduled for Xihe Holdings subsidiaries

Annual general meetings of companies/creditors will be held electronically from between 21 July to 5 for 11 subsidiaries of Xihe Holdings.

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Published

2 weeks ago

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July 7, 2026

By

Resized benjamin child

Several notices were published on the Government Gazette on Tuesday (26 May) regarding the annual general meetings of the companies and creditors to be held electronically from between 21 July to 5 August for 11 subsidiaries of Xihe Holdings. 

Annual general meetings for Xin Dun Shipping are to be held on 21 July at the following time:

  • For the company and creditors: 4pm

Annual general meetings for Xin Ya Shipping are to be held on 24 July at the following time:

  • For the company and creditors: 3pm

Annual general meetings for Xin Chun Shipping are to be held on 21 July at the following times:

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

Annual general meetings for Nan Sia Maritime are to be held on 24 July at the following time:

  • For the company and creditors: 2pm

Annual general meetings for Nan Hai Maritime are to be held on 23 July at the following time:

  • For the company and creditors: 3pm

Annual general meetings for Hua Xin Shipping are to be held on 4 August at the following time:

  • For the company and creditors: 3pm

Annual general meetings for Hua Kang Shipping are to be held on 23 July at the following time:

  • For the company and creditors: 2pm

Annual general meetings for Hua Gang Shipping are to be held on 4 August at the following time:

  • For the company and creditors: 2pm

Annual general meetings for Hua An Shipping are to be held on 22 July at the following time:

  • For the company and creditors: 4pm

Annual general meetings for Dong Fang Shipping are to be held on 22 July at the following times:

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

Annual general meeting for Nan Ya Maritime is to be held on 5 August at the following time:

  • For the company: 2pm

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

 

Photo credit: Benjamin Child
Published: 7 July, 2026

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