The final meeting of Singapore-based Xihe Investment Pte Ltd is scheduled to take place during 1000 hours on 22 August at 7 Straits View, Marina One East Tower, Level 12, Singapore 018936, according to a Thursday (21 July) notice on the Government Gazette.
The purpose of the meeting will be: “To receive an account from the Liquidators showing the manner in which the winding-up has been conducted and of hearing any explanation that may be given by the Liquidators.”
In April 2021, the liquidators of Xihe Investment decided to voluntarily wind up the company following the collapse of parent company Hin Leong Trading.
Related: Xihe Investment to be wound up voluntarily; creditors advised to approach by early June
Related: Minister of Transport comments on Hin Leong debacle and new bunker suppliers
Related: MPA, ESG, MAS issue statement to reassure bunker trading sector remains ‘resilient’
Related: Singapore’s Police Force commence investigations into Hin Leong Trading
Related: Singapore: Ocean Bunkering Services to discontinue marine fuel deliveries
Photo credit: Jo_Johnston from Pixabay
Published: 22 July, 2022
Emissions surveillance operations will reinforce recent IMO approval of the Mediterranean Sea as an emission control area, which is expected to come into force in 2025.
392,832 mt of bunker fuel were sold at the location in January 2019; lower than 480,767 mt last year.
Bonded bunker sales for state-owned enterprises and Zhoushan enterprises were 1.44 mln mt and 155,000 mt, accounting for 90.26% and 9.24% of total sales.
The EU Commission on 14 July, 2021 proposed legislation to amend the European Union Emissions Trading Schemeto include shipping emissions.
Assistant boson who was earlier charged over tampering of MFM testified as witness to the case at the State Courts of Singapore on Monday.
M/T Vingaren is a 5,600 DWT tanker custom built for Stena Oil’s offshore bunkering business and will operate in the most demanding conditions in North Europe.
Rotterdam’s intention to mandate the usage of MFMs goes down well with licensed bunker supplier VT Group; MFM providers supportive of move but stressed continuous monitoring is needed for optimum performance.
Cost of alternative bunker fuels, bunker operations and technology advancement are some considerations to be examined by the maritime industry, says Neo, director of SDE International Pte Ltd.
Kim Hyung Joon and Han Donghoon were planning to join the Singapore entities of Hartree Group - either Hartree Partners Singapore Pte Ltd or Hartree Marine Fuels - in October, discovered management.
‘When you think of Helmsman on the next occasion, think of us as lawyers with expertise in various fields. Come to us before a problem develops. It’s the process that matters,’ says Tang Chong Jun, Executive Director.
Bernard Chew was a former shareholder of MB Marine and was an authorised signatory of the company’s cheques at the material time, according to court documents obtained by Manifold Times.
Maersk, CMA CGM, BP and Stena Bulk give insights on availability of the three potential bunker fuel types, their plans, transition from fuel oil and LNG to alt fuels, how important sustainable marine fuels are to shipowners and more.
