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Singapore High Court concedes interim judicial management to Hin Leong Trading

The virtual hearing was initially set to be on Thursday (30 April) but has allegedly been brought forward ahead of time at the request of creditors, reports Business Times

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Financially troubled Singapore oil company Hin Leong Trading Pte Ltd on Monday (27 April) was reportedly granted interim judicial management by Singapore High Court in view of its crushing USD 3.85 billion debt and legal investigations.

The virtual hearing was initially set to be on Thursday (30 April) but has allegedly been brought forward ahead of time at the request of creditors, according to the Business Times.

It has been previously reported that accounting firm PricewaterhouseCoopers (PwC) was appointed by HLT to manage the firm in the iterim, and now Goh Thien Phong and Chan Kheng Tek of PwC are purported to assume the role of  judicial managers. 

PwC now has eight weeks to file a preliminary report assessing whether HLT can be salvaged through restructuring or rehabilitation. 

Related: Report: Hin Leong Trading appoints PwC as interim judicial manager
Related: Singapore’s Police Force commence investigations into Hin Leong Trading
Related: Sembcorp Cogen aborts gasoil supply and storage contract with Hin Leong Trading
Related: Winson Group and ZenRock Commodities reassure fiscal stability despite Hin Leong fiasco
Related: Report: Sinopec expresses interest in Hin Leong Trading stake of Universal Terminal
Related: Report: Hin Leong Trading founder gave instructions to hide USD 800 million losses
Related: Singapore: Ocean Bunkering Services to discontinue marine fuel deliveries
Related: Hin Leong in debt restructuring exercise; Ocean Tankers a separate entity, says CEO
Related: Report: Hin Leong Trading finances under scrutiny, amid credit pull from two banks


Photo credit:
Manifold Times
Published: 28 April, 2020

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Winding up

Singapore: Notices of intended dividend issued for Hua An Shipping and related firms

Creditors will need to produce proofs of debt to liquidators of Hua An Shipping, Hua Guang Shipping, Nan Hai Maritime, Nan Sia Maritime and Nan Zhou Maritime by 11 September.

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Notices of intended dividend for Hua An Shipping Pte Ltd, Hua Guang Shipping Pte Ltd, Nan Hai Maritime Pte Ltd, Nan Sia Maritime Pte Ltd and Nan Zhou Maritime Pte Ltd were published on the Government Gazette on Friday (28 August). 

The following are the details of the notice of Hua An Shipping Pte. Ltd:

Name of Company : Hua An Shipping Pte. Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 200610919Z
Address of Registered Office : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960
Last Day for Receiving Proofs : 11 September 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960

Details of the notice of intended dividend for Hua Guang Shipping Pte. Ltd are as follows:

Name of Company : Hua Guang Shipping Pte. Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / : 200610922R Registration No.
Address of Registered Office : c/o Grant Thornton Singapore Private Limited 8 Marina View #40-04/05 Asia Square Tower 1 Singapore 018960
Last Day for Receiving Proofs : 11 September 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited 8 Marina View #40-04/05 Asia Square Tower 1 Singapore 018960

Details of the notice of intended dividend for Nan Hai Maritime Pte Ltd are as follows:

Name of Company : Nan Hai Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. /Registration No. : 200814299M
Address of Registered Office : c/o Grant Thornton Singapore Private Limited 8 Marina View #40-04/05 Asia Square Tower 1 Singapore 018960
Last Day for Receiving Proofs : 11 September 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private, Limited 8 Marina View #40-04/05 Asia Square Tower 1 Singapore 018960

Details of the notice of intended dividend for Nan Sia Maritime Pte Ltd are as follows:

Name of Company : Nan Sia Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No.  / Registration No.  : 200814320Z
Address of Registered Office : c/o Grant Thornton Singapore Private Limited 8 Marina View #40-04/05 Asia Square Tower 1 Singapore 018960
Last Day for Receiving Proofs : 11 September 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited 8 Marina View #40-04/05 Asia Square Tower 1 Singapore 018960

Details of the notice of intended dividend for Nan Zhou Maritime Pte Ltd are as follows:

Name of Company : Nan Zhou Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No.: 200814295H
Address of Registered Office : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960
Last Day for Receiving Proofs : 11 September 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960

 

Photo credit: Drew Beamer

Published: 31 August, 2026

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Winding up

Singapore: Notices of annual meeting issued for Vroon Shipping Asia and related firms

Annual meetings of the companies will be held by electronic means on the 6 October 2026 at 3pm, according to Government Gazette notices.

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Notices of annual meeting were issued by liquidators of Vroon Shipping Asia Pte Ltd and related firms, which are in members’ voluntary liquidation, on the Government Gazette on Thursday (27 August). 

The other companies involved are Vroon Offshore Asia Pte Ltd and Vroon Ship Holding Pte Limited. 

According to the notices, the annual meetings of the companies will be held by electronic means on the 6 October 2026 at 3pm.

The purpose of the meeting is to have an account laid before the meeting showing the acts and dealings of the liquidator, Knut Unger, and the conduct of the winding up in the preceding year.

 

Photo credit: Drew Beamer
Published: 28 August, 2026

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Vessel Arrest

Singapore-flagged tugboat “Kim Heng 3203” placed under Sheriff’s arrest

Vessel was arrested at 4.50pm on 24 August is currently at Kim Heng Marine & Oilfield Pte Ltd; arresting solicitor listed was law firm Resource Law LLC.

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Singapore-flagged tugboat “Kim Heng 3203” placed under Sheriff’s arrest

Singapore-flagged tugboat Kim Heng 3203 was arrested in Singapore waters on Monday (24 August).

The vessel was added to the list of vessels under Sheriff’s arrest in Singapore’s court system. 

According to the list, the vessel was arrested at 4.50pm and the arresting solicitor listed was law firm Resource Law LLC. The ship is currently held at Kim Heng Marine & Oilfield Pte Ltd. 

No details were provided in the list regarding the reason behind the arrest.

 

Photo credit: MarineTraffic / Ye Chia-WEi
Published: 27 August, 2026

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