A pre-trial conference between legal representatives of Jeddah-based National Bunkering Company Limited (NBC) and the owner and/or demise charterer of the bulk carrier Nord (IMO No. 9254513) was carried out at the High Court of the Republic of Singapore on Thursday (25 June).
NBC was claiming USD 108,887.87 for the supply and delivery of 310.00 metric tonnes (mt) of low sulphur marine gas oil at the Port of Jeddah on or about 23 February 2020, according to documents obtained by Manifold Times from the court.
In addition, NBC is further claiming contractual and/or other interest on the sum of USD 108,887.87 and costs from the owner and/or demise charterer of Nord.
The Singapore court authorised arrest of the 52,454 dwt bulk carrier at Singapore port on 29 March; the vessel was subsequently released on 2 April.
Photo credit: MarineTraffic / Lammert Melk
Published: 30 June, 2020
Sukumar Verma, Managing Director at Informa Connect Singapore, explains how the world’s largest bunkering event will be virtually carried out between 6 to 8 October 2020.
David John Kidd amassed losses of over SGD 1 million to Lukoil Asia Pacific Pte Ltd through multiple irregular trades with Transocean Oil over a four-month period in 2016.
Helmsman LLC lawyers discuss pausing of LC payment, what it means for parties buying ships from companies of a group affected by fraud allegations, and trafficking in spent bills of lading.
Beluga Asia has entered into a Memorandum of Agreement with Sun Marine Corporation to acquire bunker tanker M.T. MA Veronica for USD 2.45 million.
Listing of Brightoil’s shares on the Stock Exchange was cancelled on 16 March 2020, according to a written Judgement of Russell Coleman, a Judge of the Court of First Instance.
‘To this end, the Bank has shown there are grounds for suspecting the CIA Contract may be a sham / fake contract and/or was not performed,’ said CMB’s submission to the Singapore court.