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Second Court Charge for Hin Leong Founder
Sep 28, 2020 ... Forgery charge against OK Lim relates to obtaining trade finance under false pretences. ...
IBIA Consults Industry on Bunker Licensing as More Ports Seek to Emulate Singapore
Sep 22, 2020 ... International Bunker Industry Association (IBIA) is seeking feedback from the industry on bunker licensing schemes, as an increasing number of ports consider bringing in a system like ...
Xihe Holdings Interim Judicial Manager Launches 'Fire Sale' of Ships
Sep 10, 2020 ... court-appointed interim judicial manager of Hin Leong-linked Xihe Holdings has launched a 'fire sale' of the company's ships, according to price reporting agency General Index. Grant ...
NewOcean to Retreat From Hong Kong Bunkering on 'Cut-Throat Tactics' Among Suppliers
Sep 1, 2020 ... Energy has warned of 'cut-throat tactics' among bunker suppliers as the company dropped into losses for the first half of the year, and plans to withdraw from bunkering in Hong Kong in ...
Euronav is Growing its VLSFO Stockpile Again to Dilute $56 Million Paper Loss
Aug 6, 2020 ... will need to be managing its inventories carefully to make sure it is still in a usable state when bunkered onto an active ...
KPI OceanConnect: KPI Bridge Oil Completes Merger With OceanConnect Marine
Aug 3, 2020 ... completed its merger with OceanConnect Marine, cementing its place as one of the most substantial bunker market players and significantly adding to parent company Bunker Holding's volumes. The ...
Hin Leong-Connected Tanker Company Xihe Plans 'Consensual Restructuring'
Jul 29, 2020 ... a 'consensual restructuring' of the company, it said Wednesday. The group -- consisting of Xihe Holdings, Xihe Capital and its subsidiaries -- controls a fleet of almost 140 vessels. The ...
FEATURE: GP Global Says No Plans to Change Course on its Growing Bunker Business
Jul 23, 2020 ... Global says its bunkering operations continue to operate and remain a core part of the group's wider operations. There are also no plans to shrink its marine fuel business as part of its ...
OCBC Bank Seeks Independent Management for Shipowning Xihe Holdings
Jul 22, 2020 ... Bank is seeking to wrest control of Xihe Holdings from the owners of Hin Leong. The Singagore bank has applied to the supreme court to have judicial managers appointed for the company which ...
IBIA Annual Convention Takes New Online Format
Jul 20, 2020 ... International Bunker Industry Association (IBIA) has announced for 2020 its Annual Convention will take a new format that will see the event held entirely online. Over the course of three ...
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