Joint and several provisional liquidators from Alvarez & Marsal (SE Asia) Pte. Ltd. have been selected for Singapore-based CruiseGlobal Pte. Ltd., Star Cruise Pte. Ltd., and Star Cruises Singapore Investment Holding Pte. Ltd. on Monday (25 April), according to a notice on the Government Gazette.
The provisional liquidators have scheduled a creditors meeting for CruiseGlobal Pte. Ltd. (UEN: 201939220M) to take place on 10 May, 2022.
Creditors meetings for Star Cruise Pte. Ltd. (UEN 199306132G) and Star Cruises Singapore Investment Holding Pte. Ltd. (UEN: 200415793C) have been arranged to take place on 11 May, 2022.
Hong Kong-listed Genting Hong Kong, formerly known as Star Cruises Limited, which underwent financial troubles during the beginning of 2022 is the parent company of CruiseGlobal Pte. Ltd., Star Cruise Pte. Ltd., and Star Cruises Singapore Investment Holding Pte. Ltd.
Lim Kok Thay, the former chairman and CEO of Genting Hong Kong, has established a new cruise company called Resorts World Cruises at Singapore in March 2022.
Cash of SGD 4.43 million and USD 243,100, and one piece of 100-gram gold-coloured bar recovered in safe belonging to Abdul Latif Bin Ibrahim kept at Extra Space warehouse storage facility, show court documents.
Program introduces periodic assessments, mass flow metering data analysis, and regular training for relevant key personnel to better handle the MFMS to ensure a high level of continuous operational competency.
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.