Xin Bo Shipping (UEN 199003660R) and An Guang Shipping Pte Ltd (UEN 201401215K), both subsidiaries of Xihe Holdings Pte Ltd, will be wounded up, according to a Monday (7 March) Government Gazette notice.
Paresh Tribhovan Jotangia and Ho May Kee of Grant Thornton Singapore Private Limited c/o 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960 be appointed as joint and several liquidators of the Company for the purpose of the winding-up.
Related: Singapore: Creditors to file debt claims for Xin Bo Shipping by 14 June
Related: Xihe Holdings subsidiary Xin Bo Shipping placed under judicial management
Related: JMs of An Guang Shipping and other Xihe subsidiaries call for creditors meeting
Photo credit: Benjamin Child
Published: 8 March, 2022
Dr Sit Kwong Lam lost an appeal against the bankruptcy order at Hong Kong’s Court of Appeal on 24 October 2019 due to missing Arbitration Clause in Personal Guarantee.
It is the onus on a party seeking to limit liability to provide all information at early stage, says lawyer.
Johor State Maritime Director, First Admiral Nurul Hizam bin Zakaria, said the two vessels were arrested after both Captains failed to present required documents to maritime authorities.
Demand for eco-friendly vessels powered by alternative bunker fuels such as methanol, ammonia and hydrogen will further expand in time, says HJSC spokesman.
Development will allow Aramco to ‘develop new partnerships and opportunities with our clients in Europe, North and West Africa,’ says President & CEO.
Karen Gan brings with her more than 10 years of experience in bunker trading to the company.
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.
