Connect with us

Business

Singapore: Creditors’ meeting scheduled for Ocean (Kamsarmax) Pte. Ltd.

Meeting will be held electronically on 28 December at 3.00 pm for creditors to know the estimated amounts of their claims, according to Government Gazette notice.

Admin

Published

on

office

The creditors’ meeting of Ocean (Kamsarmax) Pte. Ltd. has been organised by the order of the Board, states a Friday (24 June) notice posted on the Government Gazette.

The meeting for the creditors of the company will be held by electronic means by way of video conference application Zoom on 28 December at 3.00 pm for the following purposes:

  • receiving a statement of the Company’s affairs together with a list of creditors and the estimated amounts of their claims;
  • appointing liquidator;
  • appointing a committee of inspection of not more than 5 members, if thought fit; and
  • any other business.

Attendance by video conference:

In compliance with Covid-19 (Temporary Measures) Act 2020 and the Covid-19 (Temporary Measures) (Alternative Arrangements for Meetings) (Corporate Insolvency) Order 2020, creditors may attend the meeting by way of video conference via Zoom by submitting a General Proxy or Special Proxy form and including the details of the proxy to us by way of email to [email protected] before 4:00 p.m. on the day before the meeting. 

 

Photo credit: Jo_Johnston from Pixabay
Published: 19 December, 2022

Continue Reading

LNG Bunkering

China: Ningbo Zhoushan Port completes first LNG bunkering operation for 2025

Bunkering vessel “Hai Yang Shi You 302” supplied more than 10,000 cubic metres of LNG bunker fuel to containership “MSC Adya” at the Ningbo-Zhoushan Port port on 5 January.

Admin

Published

on

By

China: Ningbo Zhoushan Port completes first LNG bunkering operation for 2025

Zhejiang Pilot Free Trade Zone Zhoushan Area on Wednesday (8 January) said Ningbo-Zhoushan Port successfully completed its first LNG bunkering operation for the year. 

Bunkering vessel Hai Yang Shi You 302 supplied more than 10,000 cubic metres (m3) of LNG bunker fuel to containership MSC Adya at the port on 5 January.

Zhejiang Seaport International Trading, the bunker supplier for the operation, successfully obtained the Zhoushan Anchorage LNG bunkering licence in June 2024, extending refuelling services from dock to sea. 

The company’s services cover Meishan, Chuanshan, Daxie and other port areas. 

As China's first river-sea LNG transport and bunkering ship,  Hai Yang Shi You is currently placed permanently at Ningbo Zhoushan Port, providing a variety of bunkering methods such as ship-to-ship and ship-to-shore.

Zhejiang Seaport International Trading will continue to expand the scope of bonded LNG bunkering operations and new alternative fuels such as green methanol, ammonia and biofuels in the Zhoushan Area. 

Related: China’s first river-sea LNG bunkering ship completes inaugural bunkering operation

 

Photo credit: Zhejiang Pilot Free Trade Zone Zhoushan Area
Published: 10 January, 2025

Continue Reading

Business

Shandong Port Group bans US-sanctioned tankers from entering its ports

Group has prohibited ports to dock, unload or provide ship services to vessels on the Office of Foreign Control list managed by the US Department, according to a Reuters news report.

Admin

Published

on

By

Shandong Port Group bans US-sanctioned tankers from entering its ports

China’s Shandong Port Group has reportedly blocked tankers affected by US sanctions from entering its ports, according to an exclusive news report by Reuters on Wednesday (8 January). 

Citing a notice from the port, which was issued on 6 January and shared to Reuters by traders, the Group has prohibited ports to dock, unload or provide ship services to vessels on the Office of Foreign Control list managed by the US Department. 

In another notice released on 7 January, the ban came after sanctioned tanker Eliza II unloaded at Yantai Port in early January.

Shandong Port operates major ports on the east coast of China including Qingdao, Rizhao and Yantai, which are major terminals for importing sanctioned oil. 

The traders said the ban could slow imports into China, the world’s largest oil importing nation, and increase shipping costs.

 

Photo credit: Shandong Port Group
Published: 10 January, 2025

Continue Reading

Business

US DoD designates COSCO Shipping and CNOOC as ‘Chinese military companies’

COSCO Shipping has responded that the company and its subsidiaries ‘have consistently adhered to local laws and regulations, maintaining strict compliance in all international operations’.

Admin

Published

on

By

China: Cosco Shipping and bp to explore collaboration into methanol bunker fuel

The US Department of Defense (DoD) on Tuesday (7 January) has added China’s state-owned shipping company COSCO Shipping and two of its subsidiaries to its list of companies for allegedly having links to the Chinese military. 

The subsidiaries are COSCO SHIPPING (North America) and COSCO SHIPPING Finance. 

DoD released the update to the names of "Chinese military companies" operating directly or indirectly in the United States in accordance with the statutory requirement of Section 1260H of the National Defense Authorisation Act for Fiscal Year 2021. The Department said it will update the list with additional entities as appropriate. 

Updating the Section 1260H list of "Chinese military companies" is an important continuing effort in highlighting and countering the People’s Republic of China's (PRC) Military-Civil Fusion strategy, DOD added. 

The list also included other Chinese shipping-related companies such as shipbuilders China Shipbuilding Trading and China State Shipbuilding Corporation, oil company China National Offshore Oil Corporation (CNOOC), CNOOC China and CNOOC International Trading. 

Shipping container manufacturer China International Marine Containers (CIMC) was also included on the list of companies. 

In a response to the move, COSCO Shipping said it has noted the recent inclusion of the company and its subsidiaries to the sanctions list. 

“COSCO Shipping and its subsidiaries have consistently adhered to local laws and regulations, maintaining strict compliance in all international operations,” it said on its website.

“We remain committed to facilitating global trade and providing high-quality commercial shipping and logistics services to clients worldwide, including agricultural producers, manufacturers, energy firms, retailers, and exporters in the United States.”

“We emphasise that none of the aforementioned companies are ‘Chinese military companies’. We will engage with U.S. authorities to clarify this matter. This designation does not impose sanctions or export controls, and our global operations will continue uninterrupted.”

 

Photo credit: COSCO Shipping
Published: 10 January, 2025

Continue Reading
Advertisement
  • Zhoushan Bunker
  • Sea Trader & Sea Splendor
  • Consort advertisement v2
  • RE 05 Lighthouse GIF
  • Aderco advert 400x330 1
  • EMF banner 400x330 slogan
  • SBF2
  • v4Helmsman Gif Banner 01

OUR INDUSTRY PARTNERS

  • SEAOIL 3+5 GIF
  • Triton Bunkering advertisement v2
  • Singfar advertisement final
  • HL 2022 adv v1
  • 102Meth Logo GIF copy


  • PSP Marine logo
  • Innospec logo v6
  • Trillion Energy
  • Synergy Asia Bunkering logo MT
  • Auramarine 01
  • Mokara Final
  • Energe Logo
  • E Marine logo
  • endress
  • intrasea
  • VPS 2021 advertisement
  • LabTechnic
  • Advert Shipping Manifold resized1
  • 400x330 v2 copy
  • Headway Manifold

Trending