Legal

Singapore police seizes local tugboat and SGD 8,200 cash, arrests 15 men over illegal MGO transaction

Preliminary investigations revealed crew misappropriated MGO without their company’s knowledge by selling it to members of a foreign-registered tugboat.

Published

7 months ago

March 4, 2024

Admin

15 MEN ARRESTED FOR ILLEGAL TRANSACTION OF MARINE GAS OIL

The Singapore Police recently arrested 15 men, aged between 26 and 56 years old, for their suspected involvement in an illegal transaction of marine gas oil (MGO).

On 1 March 2024, officers from the Police Coast Guard arrested eight crew members of a Singapore-registered tugboat and another seven crew members of a foreign-registered tugboat for their suspected involvement in illegal transaction of MGO at the sea off Tuas, Singapore.

Preliminary investigations revealed that the crew members of the Singapore- registered tugboat were believed to have misappropriated the MGO without their company’s knowledge by selling it to the crew members of a foreign-registered tugboat. The tugboat and cash amounting to SGD 8,200 were seized as case exhibits.

The eight crew members of the Singapore-registered tugboat will be charged in court with criminal breach of trust by employees and the seven crew members of the foreign-registered tugboat will be charged in court with dishonestly receiving stolen property on 2 March 2024.

If convicted for criminal breach of trust by employees under Section 408 of the Penal Code 1871, they shall be punished with an imprisonment term, which may extend to 15 years and shall be liable to a fine.

If convicted for dishonestly receiving stolen property under Section 411 (1) of the Penal Code 1871, they shall be punished with an imprisonment term that may extend to five years, or with fine, or with both.

“The Police takes a serious view of illegal transaction of MGO in Singapore waters,” it said.

“The authorities will continue to conduct enforcement and security checks to prevent, deter and detect such illicit activities in Singapore waters.”

Photo credit: Singapore Police Force
Published: 4 March 2024

Bunker Fuel

SIBCON 2024: Bunker players sign SCMA pledge to drive progress within Maritime Singapore

Bunker players involved include Consort Bunkers, Equatorial Marine Fuel, Golden Island, Hong Lam Marine, Kenoil Marine Services, Marubeni International Petroleum and Sinopec Fuel Oil.

Published

3 days ago

October 11, 2024

Admin

SIBCON 2024: Bunker players sign SCMA pledge to drive progress within Maritime Singapore

Some 10 bunker players on Tuesday (8 October) signed a pledge with Singapore Chamber of Maritime Arbitration (SCMA) at the 23rd Singapore International Bunkering Conference and Exhibition (SIBCON).

The bunker players involved are Consort Bunkers Pte Ltd, Equatorial Marine Fuel Management Services Pte Ltd, Fratelli Cosulich Bunkers (S) Pte Ltd, Global Energy Trading Pte Ltd, Golden Island Pte Ltd, Hong Lam Marine Pte Ltd, Kenoil Marine Services Pte Ltd, Marubeni International Petroleum (S) Pte Ltd, Sinopec Fuel Oil (Singapore) Pte ltd and Victory Pte Ltd.

SCMA and the pledgees will work together to promote and enhance the capabilities and opportunities within the Maritime Singapore community and ecosystem.

Among the aspirational goals embodied by the SCMA Pledge is that the pledgees give preferential consideration, where appropriate, for the use of the SCMA Arbitration Rules for the resolution of their maritime or international trade disputes.

The bunker players may also use its best endeavours to support the Maritime Singapore community and ecosystem, including contributing to the development and dissemination of best practices as well as providing support and opportunity to young maritime legal and dispute resolution professionals in the form of internships, mentorships, and educational seminars aimed at fostering the next generation of maritime leaders.

SCMA, a specialist arbitration institution, is the only arbitration institution in Singapore focused on maritime and international trade disputes.

It offers the maritime and international trade sectors a set of arbitration rules and guidelines which are flexible and cost effective.

Users of SCMA arbitration include maritime companies, international traders and commodity companies for the resolution of their disputes such as those involving charterparty, bunker, commercial sales, cargo, oil and gas, shipbuilding and ship repair.

Photo credit: Singapore Chamber of Maritime Arbitration
Published: 11 October, 2024

Vessel Arrest

Singapore: Liberia-flagged tanker “Fair Star” placed under Sheriff’s arrest

Vessel was arrested at 9.05pm and is currently held at Eastern Petroleum Anchorage A; arresting solicitor listed was law firm Rajah & Tann Singapore LLP.

Published

5 days ago

October 9, 2024

Admin

An Liberia-flagged oil tanker, Fair Star, was arrested in Singapore waters on Saturday (5 October).

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 9.05pm and the arresting solicitor listed was law firm Rajah & Tann Singapore LLP. The ship is currently held at Eastern Petroleum Anchorage A.

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

Photo credit: MarineTraffic / Flare
Published: 9 October, 2024

Winding up

Singapore: Final meeting scheduled for K3 Shipping Pte Ltd

Meeting will be held on 4 November at 9am to hear any explanation that may be given by liquidators, according to Government Gazette notice.

Published

6 days ago

October 7, 2024

Admin

The final meeting of K3 Shipping Pte Ltd, has been scheduled to take place on 4 November, according to the company’s liquidator on a notice posted on Friday (4 October) on the Government Gazette.

The meeting will be held at 9am at 600 North Bridge Road, #05-01 Parkview Square, Singapore 188778.

It is being held for the purpose of having an account laid before the members showing the manner in which the winding up has been conducted and the property of the company disposed of and of hearing any explanation that may be given by the Liquidators.

The details of the liquidator are as follows:

Victor Goh
Khor Boon Hong
Marie Lee
Joint Liquidators
c/o Baker Tilly
600 North Bridge Road
#05-01 Parkview Square
Singapore 188778

According to Singapore-based B2B Sales Intelligence platform The Grid, the company’s main activity was in shipping, including chartering of ships and boats with crew.

Photo credit: Benjamin-child
Published: 7 October, 2024