Singapore: First creditors meeting scheduled for Nereus Marine Services

Meeting will be held on 11 December at 3pm via video-conferencing using Microsoft Teams to provide an update on the status of the liquidation, according to Government Gazette notice.

Published

8 months ago

November 28, 2025

Admin

The first meeting for creditors of Nereus Marine Services Pte Ltd has been scheduled to take place on 11 December, according to a Government Gazette notice on Thursday (27 November).

The meeting will be held at 3pm via video-conferencing using Microsoft Teams. The link and password for the meeting will be sent to creditors by email or post nearer the date of meeting.

The following is the agenda for the meeting:

To provide an update on the status of the liquidation;
To consider and if thought fit, to appoint a Committee of Inspection; and
To consider any other matters which may properly be brought before the meeting.

The details of the liquidator are as follows:

Xerxes J Medora
JK MEDORA PAC
Public & Chartered Accountants Singapore
22 Malacca Street, #03-02 RB Capital Building, Singapore 048980
Tel: (65) 65323003
[email protected]
www.jkmedora.com.sg

Notes

To entitle creditors to vote thereat, creditors of the abovenamed Company are required to lodge their Proof of Debt (Form CWU-1) not later than 72 hours before the meeting. Please submit your Proof of Debt and register your attendance by email to [email protected] or post to JK Medora PAC at 22 Malacca Street, #03-02 RB Capital Building, Singapore 048980, to receive further details on the video conference.
Proxies to be used at the meeting must be duly completed and lodged at the above email or address not later than 72 hours before the meeting.

Photo credit: Drew Beamer
Published: 28 November, 2025

Singapore: Coastal Logistics Pte Ltd to be wound up voluntarily

Coastal Logistics was reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

Published

19 hours ago

July 21, 2026

Admin

Several resolutions for Coastal Logistics Pte Ltd were made during an extraordinary general meeting held on 14 July, according to a notice in the Government Gazette on Friday (4 July).

The following resolutions were duly passed during the meeting:

As Special Resolution

That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018);

As Ordinary Resolutions

that Mr. Wong Pheng Cheong Martin and Ms. Koay May Yee, both care of FTI Consulting (Singapore) Pte Ltd, One Raffles Quay, #27-10 South Tower, Singapore 048583 be appointed as the joint and several Liquidators of the Company for the purpose of such winding up; and
that the Liquidators be at liberty to open, maintain and operate any bank account(s) or account(s) for monies received by them as Liquidators with such bank(s) as they deem fit; and
that a Committee of Inspection will not be formed.

Manifold Times previously reported Nicholas James Gronow, director of Heng Tong Fuels & Shipping and Coastal Logistics, filed statutory declarations for both companies stating the firms cannot continue their businesses due to liabilities.

Both companies were reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

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

Photo credit: Drew Beamer
Published: 21 July, 2026

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.

Published

6 days ago

July 16, 2026

Admin

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

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.

Published

1 week ago

July 13, 2026

Admin

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