The Universal Energy owned bunkering tanker UE Star is scheduled for auction at the Singapore Supreme court following a court order on 15 December, 2017.
The vessel will be actioned after the court receive last bids after the deadline of 31 January, 2018.
According to court documents, the UE Star is a 2014 built 3,987 deadweight tonne (dwt) bunkering tanker.
The net value of bunkers still on board the UE Star is SGD $93,766 ($70,788); the amount if non-negotiable.
The Maritime and Port Authority of Singapore (MPA) did not renew both the bunker supplier licence and bunker craft operator licence of Universal Energy on 31 August, 2017.
Universal Energy accumulated demerit points for delivery of bunkers that were severely aerated, with stoppages during bunkering operations.
Published: 18 January, 2018
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Exclusive provider of marine fuel at its Enterprise Hydrocarbons Terminal on Houston Ship Channel.
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Legal representatives met at the High Court on Tuesday to discuss the discharge of KPMG liquidators from all liability in respect of conduct in the course of winding up, show court documents.
Global sentence adjusts to 80 month’s imprisonment term for both Chang and Koh under application of the Masui sentencing framework; fine of SGD 6.2 million against Chang remains unchanged.
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Mads Bjornebye, Manager of Bunker Services at Teekay Tankers Ltd, shares about the company’s perspective of e-BDNs, bunker purchasing & planning tools, while offering his thoughts on future marine fuels.
