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Singapore: Rio Tinto Pte Ltd to be wound up voluntarily, creditors to submit claims

Creditors are required on or before 22 September 2023 to send in their names and addresses and particulars of their debts or claims to appointed liquidators, says notice.

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Editor's note [23 August 2023]: Following article edited to delete description of Rio Tinto operations while adding a clarifying statement, at the request of Rio Tinto.

Singapore-based Rio Tinto Pte Ltd will voluntarily wind up following an Extraordinary General Meeting on 11 August, according to a Government Gazette notice published on Monday (21 August).

The resolutions set out below were duly passed:

AS SPECIAL RESOLUTIONS

  • That the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring And Dissolution Act 2018 (Act 40 of 2018).
  • That the Liquidators be authorised to exercise any of the powers provided by Section 144(1)(b), (c), (d), (e), (f) and (g) of the Insolvency, Restructuring And Dissolution Act 2018 (Act 40 of 2018).
  • That in accordance with the provisions of the Company’s Constitution, the Liquidators be and are hereby authorised to distribute in specie all or any part of the assets of the Company remaining after satisfaction of all debts and Liabilities.

AS ORDINARY RESOLUTIONS

  • That Ong Kok Yeong David and Lee Wei Hsiung c/o Tricor Singapore Pte. Ltd., 80 Robinson Road, #02-00, Singapore 068898 be appointed jointly and severally as Liquidators of the Company for the purpose of such winding up.
  • That the remuneration of the Liquidators be based on their normal scale rates for carrying out the assignment plus disbursements and that the Liquidators’ fees be paid out of the assets of the Company.

In another notice, the liquidators said creditors for the company are required on or before the 22 September 2023 to send in their names and addresses and particulars of their debts or claims, and the names and addresses of their solicitors (if any) to the liquidators. 

Liquidators may also require creditors to, “come in and prove their debts or claims at such time and place as shall be specified in such notice, or in default thereof they will be excluded from the benefit of any distribution made before such debts are proved.”

The liquidator can be contacted at the following address:

Ong Kok Yeong David
Liquidator
c/o Tricor Singapore Pte. Ltd.
80 Robinson Road #02-00
Singapore 068898

"Rio Tinto Pte Ltd is a dormant company that Rio Tinto is voluntarily winding up, and there is no change to our business activities in Singapore, including our marine business," a Rio Tinto spokesperson told Manifold Times.

Photo credit: Drew Beamer
Published: 22 August, 2023

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Winding up

Singapore: Liquidators arrange creditors meeting for Otto Marine Limited

Meeting will be held from 3pm on 24 July at 8 Wilkie Road #03-08 Wilkie Edge Singapore 228095, according to Government Gazette notice.

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A meeting for creditors of Otto Marine Limited, which is in liquidation, has been scheduled to take place on 24 July, according to a Government Gazette notice on Thursday (11 July). 

The meeting will be held from 3pm at 8 Wilkie Road #03-08 Wilkie Edge Singapore 228095

The agenda of the meeting will be as follows:

  • To update on the liquidation administration;
  • To approve the Liquidators’ fees and disbursements;
  • To approve the declaration of preferential dividend(s) pursuant to Section
  • 328(1)(b) to 328(1)(f) of the Companies Act, Cap. 50;
  • To consider and if thought fit, to appoint a committee of inspection; and
  • Any other business.

The details of the liquidators are as follows: 

Chee Yoh Chuang
Lin Yueh Hung
Liquidators
c/o 8 Wilkie Road
#03-08 Wilkie Edge
Singapore 228095

 

Photo credit: steve pb from Pixabay
Published: 12 July, 2024

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LNG Bunkering

Titan completes first STS LNG bunkering operation in Cuxhaven

Port of Cuxhaven in Germany had previously only seen LNG operations conducted via truck and currently only permits LNG bunkering at one berth, says Titan.

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Titan completes first STS LNG bunkering operation in Cuxhaven

LNG bunker fuel supplier Titan on Thursday (11 July) said it completed the first-ever LNG bunkering operation by ship in the port of Cuxhaven.

Titan’s bunker vessel Optimus successfully delivered LNG to dredger Vox Ariane operated by its long-term client Van Oord. 

“Our ship-to-ship bunkering in Cuxhaven represents a pioneering step in the region's LNG infrastructure development, as the port had previously only seen LNG operations conducted via truck and currently only permits LNG bunkering at one berth,” it said in a social media post. 

“LNG infrastructure development is part of a broader trend, with more ports across Germany adopting LNG operations to support shipping’s clean fuels transition.”

Titan added the improved LNG bunkering capabilities in Cuxhaven, a Niedersachsen Ports GmbH & Co. KG port, also opened up the pathway to maritime decarbonisation via liquified biomethane (LBM) and then renewable e-methane going forward.

 

Photo credit: Titan
Published: 12 July, 2024

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LNG Bunkering

UECC “Auto Achieve” receives first LNG bunker fuel delivery by barge in home country

Firm said it received the first ever supply of LNG by barge to their multi-fuel LNG battery hybrid car carrier in the Port of Drammen, Norway.

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UECC “Auto Achieve” receives first LNG bunker fuel delivery by barge in home country

Norwegian roll-on/roll-off shipping line United European Car Carriers (UECC) on Wednesday (10 July) said it received the first ever supply of LNG by barge to their multi-fuel LNG battery hybrid car carrier Auto Achieve in the Port of Drammen on 4 July.

The firm said this was the first time UECC received LNG by barge to any of their vessels in their home country Norway. 

“We also believe that it was the first time LNG was delivered by barge to any vessel in Drammen, and most likely the entire Oslofjord,” UECC said in a social media post.

The LNG was supplied by the Molgas Energy Holding vessel Pioneer Knutsen, owned by Knutsen Group OAS.

“UECC is very pleased to see the expansion of the LNG barge network in Norway,” it said. 

 

Photo credit: UECC
Published: 12 July, 2024

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