The Singapore Supreme Court on Tuesday (3 November) said an application from Sumitomo Mitsui Banking Corporation on 12 October for the sale of two Singapore-registered Anchor Handling Vessels Terasea Eagle (IMO: 9658252) and Terasea Osprey (IMO: 9658264) has been completed.
The proceeds from both vessels amounting to SGD 12,394,200 (SGD 6,197,100 apiece) were paid into the Court on 28 October, according to both notices published in the Singapore Gazette.
The two 3,372 dwt vessels were detained at Singapore port in March.
Any person having a claim against Terasea Eagle and Terasea Osprey or the proceeds of the sale, on which they intend to contest should accordingly do so within 90 days of the payment, said the Court.
Photo credit: Marine Traffic / Gibfran 46
Published: 9 November, 2020
OFAC placed Maritime Assistance LLC and five vessels under sanctions after co-investigation with the FBI.
Patrol team was out on inspection rounds on 8 April at 10 pm when they discovered the vessel behaving suspiciously 13 nautical miles southwest from Tho Chu Island.
Total of four vessels detained due to fuel changeover procedure, sulphur content in bunker fuel.
‘We have already settled [the issue] with Global Energy Trading and the suit has been withdrawn/discontinued,’ a source at Bunker House Petroleum told Manifold Times.
The team were out on patrol on Friday (7 August) when they discovered vessel TG 9397TS around 8.30 at night, 28 nautical miles from Nam Con Dao.
Invoices for the product were inconsistent and there was no certificate of origin for the product, it says.
Associate Director at Helmsman highlights the need to stay up-to-date with latest protocols / measures introduced by MPA, with continuous education of Master and crew of the visiting vessel.
BunkerPlanner Lite is an attempt to educate professionals engaged in bunker decisions about the use of advanced technology in the decision process, explains BunkerMetric CEO Christian Plum.
Senior Associate at Clyde & Co offers guidance to protect shipowners and bunker tanker operators in the event opposing counterparty breaches Covid-19 protocols, resulting in Covid-19 transmission.
Having a surveyor’s watchful eye to detect illegal activities also sends a strong signal to barge and vessel crew not to undertake any intended non-compliance, states VPS Senior Sales Manager.
Bunker tanker owner’s trust in LR and Metcore’s expertise proves duo’s experience in bunkering MFMs and unceasing support made the difference in ensuring trust during bunker transactions.
‘To be clear, the activities undertaken by Ang outside of Sea Hub are categorically unrelated to the current non-active status of the company,’ Glen Lim, Shipping Director of Sea hub, tells Manifold Times.
