EMEA News
Dan-Bunkering Owed £4 Million by Collapsed UK Container Line
Global hybrid marine fuels firm Dan-Bunkering is owed more than £4 million ($4.96 million) by a UK-based container line that collapsed last year.
The Bunker Holding unit is listed among 35 creditors to vessel operator Allseas Global Project Logistics after the firm ran into financial trouble amid the downturn in container freight rates late last year.
Dan-Bunkering's claim totals £4.03 million, while elsewhere in the bunker industry ElbOil UK Ltd is noted as being owed £135,273 ($167,600) and Alpha Trading £98,684 ($122,250).
Administrators were appointed for the firm in November 2022 after Dan-Bunkering threatened to file a winding-up petition against the company, according to a report prepared after a meeting of the firm's creditors.