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Singapore: ‘Golden Nori’ sold for SGD 2.5 million, creditors to submit claims

19 May 2021

The 116,77 dwt chemical tanker Golden Nori has been sold by the High Court of the Republic of Singapore on 7 May for the amount of SGD 2.5 million (exact: SGD 2,535,300), it said in an 18 May notice published on the Government Gazette.

The vessel sale was the result of admiralty action from the following firms:

  1. KODCO MARINE SERVICE (Korea, South Registration No. 605-86-32145)
    2. DREAM OCEAN Co., LTD (Korea, South Registration No. 602-81-29442)
    3. NAM DO (Korea, South Registration No. 601-02-52455)
    4. NEW SHIN YOUNG CO.,LTD. (Korea, South Registration No. 602-81-22231)
    5. SEANCO PTE LTD (Singapore UEN No. 200819861R)
    6. MARINETRANS KOREA CO.,LTD (Korea, South Registration No. 466-87-00351)
    7. HAN SUNG ENG (Korea, South Registration No. 562-08-00241)
    8. BAWOO (Korea, South Registration No. 603-10-41959)
    9. ATOZ SUPPLY SERVICE (Korea, South Registration No. 116-81-63070)
    10. UNION SHIPPING (Korea, South Registration No. 610-81-36885)
    11. DA-ON SHIPPING (Korea, South Registration No. 442-88-00288)
    12. SEWON TRADE (Korea, South Registration No. 671-27-35677)
    13. SEONG WON GREEN CO., LTD. (Korea, South Registration No. 603-81-64059)
    14. L. K. CONTROL (Korea, South Registration No. 360-33-00536)
    15. UNIOS (Korea, South Registration No. 605-86-15919)
    16. DAELIN MARINE CO., LTD. (Korea, South Registration No. 653-81-00593)
    17. KOTO TECHNICAL CO., LTD. (Korea, South Registration No. 603-81-82886)
    18. YOUGJIN TURBO CO., LTD. (Korea, South Registration No. 603-81-85511)
    19. MAE-IL MARINE SERVICE CO., LTD. (Korea, South Registration No. 601-81-26888)
    20. YH MARINE CO., LTD. (China Registration No. 1333817)

“The proceeds of the said sale amounting to SGD 2,535,300.00 have been paid into Court on the 7th day of May 2021,” stated the Assistant Sheriff of the Supreme Court, Singapore, in the notice.

“All questions affecting priorities or the validity of the claim of any party to the proceeds of sale of the Vessel except as herein provided and affecting the amount of any such claim shall not be determined until after the expiration of 90 days beginning with the day on which the proceeds of sale are paid into Court.

“Any person having a claim against the ship or the proceeds of the sale thereof on which they intend to proceed to judgment should accordingly do so before the expiration of that period.”

 

Photo credit: MarineTraffic / Kenro Oshita
Published: 19 May, 2021

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