An extraordinary general meeting to pass several resolutions for Ocean (Kamsarmax) Pte Ltd (registration no. 200604198C) was held by electronic means on Wednesday (28 December), according to a 17 January notice posted on the Government Gazette.
The following resolutions were duly passed:
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.
As Ordinary Resolution
That Mr. Tee Wey Lih of c/o Acres Advisory Pte Ltd 531A Upper Cross Street #03-128 Singapore 051531 be appointed liquidator for the purpose of winding up the affairs of the Company
Related: Singapore: Creditors’ meeting scheduled for Ocean (Kamsarmax) Pte. Ltd.
Photo credit: Benjamin Child
Published: 18 January, 2023
Russian fuel oil inflows continue in the ARA; bunker fuel supply normal in Gibraltar Strait; bunkering halted in Algoa Bay.
The oil tanker was briefly stranded due to sudden technical failure in one of its rudders, which led to loss of steering ability and it running aground, says Suez Canal Authority.
Yantian Port Shihua Company delivered 2,000 mt of bonded low sulphur fuel oil and 380 mt of marine gas oil to container ship ‘GLEN CANYON’ at Yantian Port.
Both have signed a three-year contract that will see biofuels introduced on Svitzer tugboats performing towage operations for UECC’s PCTCs calling at the ports.
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
According to MPA data, Equatorial became the largest supplier with sales reaching 4mn-5mn t; Glencore Singapore fell to 13th place after two-month licence suspension.
‘Economics of the shipping market will be the key driver enabling methanol to be adopted at a higher pace going forth over next couple years as market begins to return to more normal rates,’ states COO.
Integr8 Fuel injunction varied by Singapore Court to allow former employees to start work at Hartree Group in December 2022 following failure to produce evidence on biofuels development plans.
Variability of sources can affect the stability and performance of biofuel bunkers produced from these feedstocks, in turn leading to difficulties in meeting regulations and industry standards, shares Bryan Quek.
Top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6); newcomer Sinopec Fuel Oil (Singapore) gets 19th spot.
Livestock carrier also involved in earlier bunker claim with Glander International Bunkering due to remaining unpaid fuel bill of approximately USD 116,000, according to court documents obtained by Manifold Times.
A blend of standard MGO and biodiesel, MGO B20 is distributed at the company’s floating kiosk CNC 5 which is located off the buoy of West Coast Pier; PS Energy has been stamped with globally recognised ISCC.
