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:
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
Marine Department Malaysia has approved five companies to operate lay-up services located at East Johor Waters (Tompok Utara), according to spokesman.
Bunker supply slightly tight in Gibraltar but suppliers can offer LSMGO for prompt dates; ARA fuel oil, gasoil stocks add more weight; bunkering resumes in Algoa Bay.
Malabo-registered oil tanker found 8.4 nautical miles northeast of Tanjung Penawar; cargo ship at discovered 30.7 nautical miles east of Tanjung Sedili.
New barge will be a sister vessel to the liquefied natural gas (LNG) bunker barge Clean Canaveral which will be delivered to affiliate Polaris in mid-November.
A massive storm could limit resupply to Vancouver, and US fuel oil inventories have been drawn to two-year lows.
The backwardation materialised amid signs of slowing arbitrage arrivals and a slowdown in regional production of low-sulphur residuals, reports Argus Media.
Discussions around the need to develop methanol bunkering operations are taking place at numerous ports ahead of estimated demand of above 7M mtpa by 2030, says Chris Chatterton of Methanol Institute.
‘Economics of the shipping market will be the key driver enabling methanol to be adopted at a higher pace going forth over next couple years as market begins to return to more normal rates,’ states COO.
Integr8 Fuel injunction varied by Singapore Court to allow former employees to start work at Hartree Group in December 2022 following failure to produce evidence on biofuels development plans.
Variability of sources can affect the stability and performance of biofuel bunkers produced from these feedstocks, in turn leading to difficulties in meeting regulations and industry standards, shares Bryan Quek.
Top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6); newcomer Sinopec Fuel Oil (Singapore) gets 19th spot.
Livestock carrier also involved in earlier bunker claim with Glander International Bunkering due to remaining unpaid fuel bill of approximately USD 116,000, according to court documents obtained by Manifold Times.
