A total of four 12,000 dwt Singapore-flagged oil/chemical tankers owned by Ocean Tankers (Pte.) Ltd have been placed under Sheriff’s arrest at Singapore port, according to the High Court of the Republic of Singapore.
The Ocean Goby, Ocean Manta, Ocean Jack, and Ocean Porpoise were arrested between 23 to 29 August 2021 and are currently held at the port’s Eastern Special Purpose Anchorage.
A winding up order against Ocean Tankers (Pte.) Ltd (Singapore UEN No. 197800020G) was made at the General Division of the High Court of the Republic of Singapore on 16 August 2021.
The development follows a recent Manifold Times report published in early August, where joint and several Judicial Managers of Ocean Tankers submitted an application for the winding up of the company to the General Division of the High Court on 12 July 2021.
The legal team of Ocean Tankers in late July published a public notice for the company to be placed under judicial management on 6 May 2020.
Earlier reports regarding the above development can be found below:
Related: Singapore: Ocean Tankers winding up application to be heard in court
Related: Ocean Tankers legal team publishes application to be placed under judicial management
Related: Judicial management applications for Hin Leong Trading and Ocean Tankers delayed
Related: Lim family to inhibit law firm Rajah & Tann from representing troubled HLT & OTPL
Photo credit: MarineTraffic / Ernest Olshtynskiy
Published: 3 September, 2021
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