Ocean Tankers Singapore

View Company Detail ccds, OCEAN TANKERS (PTE) LTD. Ocean Tankers, the shipping arm of troubled oil trader Hin Leong Trading, has withdrawn its application for a debt moratorium and asked for Ernst & Young to be appointed its interim judicial. Tanker New Building Progress Wed Feb 03. OCEAN AVENUE RESTOBAR. sg : Head of Department : Mr. The vessel OCEAN SUCCESS (IMO: 9400978, MMSI 566379000) is a Chemical/Oil Products Tanker built in 2012 (8 years old) and currently sailing under the flag of Singapore. ocean tanker pte ltd. The UEN issue date is March 19, 2011. Ocean Tankers estimated that its exposure to lenders for inventory in storage could be as high as $600 million, and claims by trading counterparties such as PetroChina (Singapore) Pte. PaxOcean is an accomplished construction specialist of rigs, semi-submersibles and specialised offshore vessels, in addition to its reputation as a reliable and excellent conversion and repair service provider to global clients. ) Ltd (OTPL) Damodara Ong LLC on Tuesday (28 July) published a public notice for OTPL’s application to be placed under judicial management on 6 May 2020. Vancouver. Help us build up ships photo database by. (formerly known as COSCO Corporation (Singapore) Limited) aims to become one of the leading integrated logistics management service providers in South and Southeast Asia, following the 100% acquisition of Cogent Holdings Limited and 40% acquisition of PT. Singapore; Welcome. Okt 2010 – Saat ini 9 tahun 11 bulan. Aquarium is open from 10am-5pm, Saturday to Tuesday. 6 million deadweight tonnes capacity. OCEAN RACING TECHNOLOGY - GP2 Team. The Top 5 US carriers are Maersk Line, Mediterranean Shipping Co. Singapore — Singapore's High Court has granted the application by shipowner Ocean Tankers to be placed under judicial management at the same time partners from the accounting firm Ernst & Young were appointed interim judicial managers after a hearing on Tuesday morning, a source said. for up to ten Handy-size tankers, Reuters reported citing a company spokesperson. Diamond Tanker Pte. 6 without discharging its cargoes and sailed in the South China Sea for a couple of days before heading back to Jurong Island on Wednesday, tracking data showed. Teekay has developed from a regional shipping company into one of the world’s largest marine energy transportation, storage & production companies. Located in the west of Singapore, Tuas is concentrated with factories and industrial plants. Ocean Tankers is owned by the Lim family which also owns Singapore's oil trader Hin Leong Trading, itself placed under judicial management in April as it seeks to restructure billions of dollars. Ocean Tankers direktør, Evan Lim, som er søn af stifter O. com Ship photos. Buy surplus Vacuum Tanker Trucks from Kenworth, International, Dragon, Peterbilt, Autocar, Mack and more. A Singapore High Court appointed Grant Thornton Singapore as IJMs for Xihe Holdings during a chambers. HLT and Ocean Tankers were placed under court-appointed interim-judicial management to restructure billions of dollars of debt after a crash in oil prices revealed a massive, years-long fraud at. This spill inspired the Oil Pollution Act of 1990, which required the phase out of single-hull tankers and tank-barges by January 1, 2015. India's ICICI Bank is seeking the impounding of two vessels operated by Ocean Tankers (Pte) Ltd, a unit of Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT), an ICICI source said on. A backlog of tankers sitting in the U. Published for; by; Supported By; Other Industry Websites Singapore 638503. phaint 143. Ocean Tankers (Pte) Ltd (OTPL) is owned by the Lim family which also owns Singapore's oil trader Hin Leong Trading Pte Ltd, itself placed under judicial management in April as it seeks to. Cargill Ocean Transportation. Video has emerged showing damage to the Norwegian-flagged oil tanker Andrea Victory following a purported "sabotage" attack on multiple oil tankers off the coast of the United Arab Emirates. Hin Leong Trading and Ocean Tankers seek ‘court protection’ Oil trader founded by one of Singapore’s richest men reportedly seeking to restructure debts worth $4bn 19 April 2020 4:21 GMT. Come look at our fleet. Junior Engineer. The CEO of Ocean Tankers, part of Singapore's Hin Leong business family, describes the recent commercial movements of the company. Glassdoor gives you an inside look at what it's like to work at Ocean Tankers, including salaries, reviews, office photos, and more. west opl singapore. +91 (022) 26779455 / 26779432: Branch Office - Delhi : WZ-185, 1st Floor, Behind Oxford School, Near PVR, Vikas Puri, New Delhi - 110018. Deck Barge Code:MWS1295. Tanker Management With almost 300 tankers under management, V. Our vessels call on more than 4,500 ports per year and move over 200 million tons of 50 different dry bulk commodities. agreed to buy five chemical tankers from Chemical Transportation Group (CTG) for trading in the Stolt Tankers Joint Service, in a move to modernize its fleet. Ocean Tankers is a good Company, where I have started my career as Training officer in 2008. Two Rotor Tug are available in imeediately delivery in Singapore, With 86 T Bollar Pull, This RT. Foursquare uses cookies to provide you with an optimal experience, to personalize ads that you may see, and to help advertisers measure the results of their ad campaigns. It plans to deploy it for bunkering purposes in Singapore’s waters. Singapore shipping company ordered to pay $1. 80 144 star bulk starbl 145. MOL enters the LNG ocean transport business. , London), management passed in May 1963 to Trident Tankers Ltd. Singapore’s Ocean Tankers and oil trader parent Hin Leong Trading are set to discover whether they will be placed under judicial management. 6 billion to 23 banks. India's ICICI Bank is seeking the impounding of two vessels operated by Ocean Tankers (Pte) Ltd, a unit of Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT), an ICICI source said on Monday. India's ICICI Bank is seeking the impounding of two vessels operated by Ocean Tankers (Pte) Ltd, a unit of Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT), an ICICI source said on. OCEAN Tankers - a wholly owned unit of Hin Leong Group and Singapore's leading tanker manager - has sought to reassure its partners and customers, and distance itself from the financial woes of the group's trading arm Hin Leong Trading. Of these, 19 thousand were container ships, 21. As of November 2010, there are 11,127 oil tankers in operation hauling anywhere from 500,000 to 4 million barrels of oil each. [1] Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. Ocean Tankers Pte Ltd is owned by the Lim family, which. Trading firm Hin Leong and subsidiary Ocean Tankers have applied to the courts, having lost hundreds of millions of dollars when the price of oil nosedived earlier this year. Chief Engineer PT. Ocean Tankers Pte Singapore www. 6 thousand were freighters, and 4. The order includes six firm newbuildings of 23,500 dwt and options for four additional units. An oil tanker passes through the Bosphorus to the Black Sea in Istanbul July 20, 2012 REUTERS/Osmal Orsal The Bosporus is a narrow stretch of water that divides both Asia from Europe and splits. OCEAN AVENUE RESTOBAR. Ocean Tankers Holdings Public Company Limited | 798 followers on LinkedIn | SINGAPORE, Singapore. The Singapore oil trader Hin Leong and its shipping arm Ocean Tankers both filed with the Singapore High Court on Friday seeking six months bankruptcy protection from creditors on debts of $3. Bangladesh Marine Academy Bachelor's degree Naval Architecture and Marine. The Company offers tanker management, ship-to-ship transfer, and marine support vessels services. For example, here’s a look-back by The New York Times at a 2017 crash between a US Navy ship and a commercial ship near Singapore. Track on Map Add Photo Add to Fleet. Two Rotor Tug are available in imeediately delivery in Singapore, With 86 T Bollar Pull, This RT. compass maritime tanker values asset class nb contract nb prompt 5 year 10 year 20 year delivery tankers size (dwt) (all numbers in us $ millions) vlcc 90300,000 94 69 46 22 suezmax 60160,000 65 48 33 13 aframax 49115,000 50 37 26 11 panamax - lr1 70,000 42 42 30 19 8 mr tanker 3651,000 37 27 18 7-25. provides marine transportation services. Wilhelmsen and MPC Capital join forces in technical ship management in the container segment. Maersk Tankers operates more than 200 product tankers across seven segments: City, Intermediate, Flexi, Handy, MR, LR2 and Aframax. With approximately 130 vessels at any given time, we can service a wide range of businesses and geographical areas at the same time. Started as a Local Representative Office of Ocean Tankers Pte. The court-appointed manager of Singapore Ocean Tankers (Pte. Glassdoor gives you an inside look at what it's like to work at Ocean Tankers, including salaries, reviews, office photos, and more. Our Fleet is made up of Very Large Crude Carriers (VLCCs), Suezmax, Aframax, Panamax, MR, Product tankers and Bunker Barges of various capacities. Vessel with current name 'OCEAN CONCORD', registered with IMO number 9052874 and MMSI 325576000 is. Come look at our fleet. Nature: Head Office: Year established: 2001: Activity: See the Kompass. Lim’s son Chee Meng Lim, a director at Ocean Tankers and Hin Leong, reassured. Ocean Tankers (Pte) Ltd (OTPL) is owned by the Lim family. sg) location in Central Singapore, Singapore , revenue, industry and description. and its owned and managed ships (Gold Point, Ice… read more. Fate of Ocean Tankers' parent company rests with Singapore court. India's ICICI Bank is seeking the impounding of two vessels operated by Ocean Tankers (Pte) Ltd, a unit of Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT), an ICICI source said on Monday. Ocean Tankers, the shipping unit of Singapore’s largest independent oil trader Hin Leong Pte Ltd, said it will convert its fleet of more than 100 oil tankers to burn VLSFO instead of high-sulfur fuel oil in the fourth quarter. provides marine transportation services. A leading provider of global energy transportation services, OSG owns and operates a fleet of U. (formerly known as Tokyo Marine). Headquartered in Dubai,Emarat Maritime is highly diversified and one of the most successful and prominent Ship operating company in the United Arab Emirates. Established since 1997, PACC Line is a specialist parcel and liner service provider, one of the largest shipping companies headquartered in Singapore. ; Group Vice President, AET Shipmanagement and General Manager, AET. Shaping the future of ship management. The deceased, a Filipino national, was reported missing following the fire that ignited in the Panama-registered oil tanker yesterday (03). Tankers also carry commodities such as vegetable oils, molasses and wine. LNG tanker at night. OCEAN TANKERS PTE. GEORGE TOWN (Penang) — The Malaysian Maritime Enforcement Agency (MMEA) has detained a Singapore-registered oil tanker about 26 nautical miles west Muka Head near Penang on Sunday (Jan 5) for anchoring in Malaysian. Help us build up ships photo database by. Moller - Maersk in Q2 despite COVID-19 impact. GRAPEVINE, Texas — The U. This photo provided by the United Arab Emirates' National Media Council shows the Norwegian-flagged oil tanker MT Andrea Victory off the coast of Fujairah, United Arab Emirates, Monday, May 13, 2019. Wilhelmsen Ship Management, a provider of third party ship management services headquartered in Singapore and the Hamburg-based asset and investment manager MPC Capital AG have agreed to combine their activities in the technical management of container ships. Fantastic, absolutely spectacular to see. FREIGHTER AND SPECIALTY CRUISES We represent cargo ships and working merchant ships offering passenger services. Ocean Tankers (Pte) Ltd (OTPL) is owned by the Lim family which also owns Singapore's oil trader Hin Leong Trading Pte Ltd, itself placed under judicial management in April as it seeks to. ” Darren Yates, Project Manager Services and Logistics. oceantankers. Technical Superintendent Ocean Tankers Pte Ltd July 2015 – Present 4 years 5 months. They say "A picture is worth a thousand words". Ocean Tankers Pte Ltd. The current position of OCEAN TAIPAN is at North East Atlantic Ocean (coordinates 49. jxshpg 144. The Top 5 US carriers are Maersk Line, Mediterranean Shipping Co. The court-appointed manager of Singapore Ocean Tankers (Pte. Today, we offer services to a wide network of customers including oil majors, state-owned oil companies and international trading houses. Buy with confidence with our IronClad Assurance®. Headquartered in Dubai,Emarat Maritime is highly diversified and one of the most successful and prominent Ship operating company in the United Arab Emirates. Ocean Tankers | 6 followers on LinkedIn | Ocean Tankers is a package/freight delivery company based out of 37 Tuas Rd, 638503, Singapore. The statement came following a Singapore court hearing to consider the shipping company’s request to appoint independent managers. Ocean Tankers. SINGAPORE (Reuters) - EY, the court-appointed supervisor for Ocean Tankers Pte Ltd (OTPL), has proposed two restructuring options to the shipping company's owners and could meet with them as. PaxOcean Singapore is one of the most active ship repair yard in the South East region having 200 dockings a year, and is capable of offering quick turnaround docking of up to Handymax-sized vessels and afloat repairs for up to Panamax-sized vessels. Wednesday, July 15, 2020 10:46 PM. SINGAPORE: Singapore plans to soon launch a wearable device for novel coronavirus contact tracing that, if successful, it will distribute to all of its 5. LNG tanker in the ocean, top view. Two dozen or more crude-laden tankers are waiting to discharge at terminals on China’s east coast that supply state-owned and independent refiners in the. The firm provides market insight and expertise across all the main market sectors of container shipping dry bulk shipping tanker shipping LPG and LNG shipping ports and terminals as well as ocean freight cost benchmarks and. With a presence on all continents, our brokers are hands-on 24/7. Buy used Service/Utility Trucks from Dodge, Chevrolet, Ford, GMC, Ram, Freightliner and more. ICICI Bank, which has about $1. From a small bunker operator, we have grown into a leading tanker manager in Singapore. I have gained big working experience and practical knowledge in my specialty, what helped me a lot to develop my marine career. Ships, ocean-going, cargo, bulk liquid (tankers) Singapore (10) Ships, ocean-going, cargo, refrigerating Singapore (1). 2011: MOL signs a contract for Indonesia's first coastal LNG transport project. Ocean Tankers (Pte)Ltd. India's ICICI Bank is seeking the impounding of two vessels operated by Ocean Tankers (Pte) Ltd, a unit of Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT), an ICICI source said on Monday. The following fleet list is not complete by any means, but is an attempt to collect the names of the companies, a brief history of each and the names of the vessels they used. WS PAN Oil Tankers in harbor. It's sailing under the flag of [SG] Singapore. @Ocean Tankers Pte Ltd. The parent company of Ocean Tankers Pte has applied to the Singapore High Court for a six-month moratorium on debt payments following the disclosure its subsidiary, Ocean Bunkering Services, has ceased. World War II: The tanker was torpedoed and damaged in the Atlantic Ocean 3. According to data provided to FreightWaves via the Signal Ocean platform, the ship is a 105,614-DWT Aframax tanker commercially operated by Chemnav Shipmanagement. ) Ltd (OTPL) Damodara Ong LLC on Tuesday (28 July) published a public notice for OTPL’s application to be placed under judicial management on 6 May 2020. Lim, is part of a Friday filing to the Singapore High Court by HLT and subsidiary Ocean Tankers , seeking. Ocean Tankers (Pte) Ltd (OTPL) is owned by the Lim family which also owns Singapore’s oil trader Hin Leong Trading Pte Ltd, itself placed under judicial management in April as it seeks to. In 2006 ASP Ship Management Group consolidated their main tanker operations into one office based in Singapore. an ju, service sts operation, handling yokohama fender and flexible hoses. Group’s technical management team and the remaining vessels will follow suit in the coming weeks. Our Fleet is made up of Very Large Crude Carriers (VLCCs), Suezmax, Aframax, Panamax, MR, Product tankers and Bunker Barges of various capacities. To meet the business needs, the Group has employed storage facilities in Singapore, Taiwan and Korea. Owned initially by Nourse Line (James Nourse Ltd. Combining Intermodal to Ocean logistics and creating an acceptance point closer to customer helps one of world’s largest steel conglomerates save costs and time 20 Aug 2020 Press releases Strong performance by A. marine from world's best institute Marine Engineering And Reaserch Institute. grosstonnage. Unipec Singapore, the trading arm of Asia's largest refiner Sinopec, has sought delivery of diesel aboard the three tankers - Very Large Crude Carrier Qi Lian San and two Aframax-sized ships Ocean. Streamline Tankers GmbH was founded in summer 2013. KSL Singapore: Capesize Wilhelmsen HK 2014 181 062 mt SWS Jul 2023 Cape index + premium KSL Sydney: Capesize Thome HK 2014 181 000 mt SWS Feb 2021 23 905 KSL Santiago: Capesize Thome HK 2014 181 020 mt SWS Spot KSL Salvador: Capesize Wilhelmsen HK 2014 180 958 mt SWS. Two dozen or more crude-laden tankers are waiting to discharge at terminals on China’s east coast that supply state-owned and independent refiners in the. Its fleet of 30 modern, deep-sea tankers forms a seamless transportation network dedicated to keeping an uninterrupted flow of methanol moving to storage terminals and customers' plant sites around the world. Photo: Facebook. The Office of Public Affairs (OPA) is the single point of contact for all inquiries about the Central Intelligence Agency (CIA). com) or Email : [email protected] The hearing for the application was initially scheduled for Monday (27 August) but was adjourned as Damodara Ong had neglected to publish the notice. Ocean Tankers Holdings Public Company Limited | 829 followers. Progress of Matuku. Buy with confidence with our IronClad Assurance®. Hailed as 2018 Tanker Owner/Operator of the Year, we take pride in delivering safe, high-quality maritime logistics solutions and services. Ocean Tankers, the transport unit of Singapore’s largest independent oil dealer Hin Leong, said it should turn its fleet of more than 100 oil tankers to burn VLSFO as a substitute of high-sulfur gas oil in Q4. Name: MK Centennial Maritime Pte Ltd: Business services: Business Planning, Ship Finance, Commercial Management: Location: Singapore Post Centre, 10 Eunos Road 8, #12-05 Singapore 408600. OCEAN TANKERS - SINGAPORE: Data provided by www. Singapore is the home of Ocean Tankers Pte. Global Becoming a global top-tier shipping group through perseverance; Safety & Environment Addressing problems preventively for safety and environment protection. At OTSM we understand that crew management is one of the most important factors in running the vessels we manage and we are fully aware that safeguarding these vessels’ and their owners’ interests requires the highly efficient utilization of the crew. We manage a fleet of 39 vessels spread across all vessel classes i. Its fleet of 28 modern, deep sea tankers forms a seamless transportation network dedicated to keeping an uninterrupted flow of methanol moving to storage terminals and customers' plant sites around the world. A narrow waterway off Singapore has become even more congested as oil-laden tankers wait out a slump in global fuel consumption that’s crimped demand and boosted the use of ships to store cargoes. Ocean Tankers er en del af Lim-familiens olieimperium, som også tæller handelskoncernen Hin Leong Trading og bunkerleverandøren Ocean Bunkering. GEORGE TOWN (Penang) — The Malaysian Maritime Enforcement Agency (MMEA) has detained a Singapore-registered oil tanker about 26 nautical miles west Muka Head near Penang on Sunday (Jan 5) for anchoring in Malaysian. As of November 2010, there are 11,127 oil tankers in operation hauling anywhere from 500,000 to 4 million barrels of oil each. Oil Tanker at refinery plant in Indonesia. Xihe Holdings is part of the Lim family business empire, which also includes oil trader Hin Leong Trading and fleet manager Ocean Tankers (Pte) Ltd, both of which were placed under court-appointed. The small cargo ships that are for sale are in excellent condition. Fantastic, absolutely spectacular to see. Lim, is part of a Friday filing to the Singapore High Court by HLT and subsidiary Ocean Tankers , seeking. (EPS) has emerged as an industry-leading ship management company that is committed to the green and technology-driven growth of the industry. By Roslan Khasawneh and Anshuman Daga. She will deliver marine fuels to ocean-going vessels within local port limits. Ocean Tankers | 6 followers on LinkedIn | Ocean Tankers is a package/freight delivery company based out of 37 Tuas Rd, 638503, Singapore. Stay connect with us. Ocean Tankers (Pte) Ltd (OTPL) is owned by the Lim family which also owns Singapore's oil trader Hin Leong Trading Pte Ltd, itself placed under judicial management in April as it seeks to. From a small bunker operator, we have grown into a leading tanker manager in Singapore. Sri Lankan navy and India. COLOMBO: A Panamanian-registered oil tanker burned out of control for a second day off Sri Lanka on Friday, raising fears of a major new oil spill in the Indian Ocean. ) Ltd is seeking to reclaim about $19 million from the Lim family directors of the firm, who allegedly transferred the funds from the shipping company to their accounts in April, court documents show. Singapore Tankers and Gas Law Will judicial management force asset-stripping of Ocean Tankers? The tanker operator, which has been deemed a viable business, was forced to file for judicial management because the market lost confidence in its management. The hearing for the application was initially scheduled for Monday (27 August) but was adjourned as Damodara Ong had neglected to publish the notice. From the energy we use, to the homes we live in – even the clothes on our backs. It is currently sailing under the flag of dominica. 2001: MOL signs a contract with the government of Oman to help the nation develop its maritime industry. SINGAPORE: Singapore plans to soon launch a wearable device for novel coronavirus contact tracing that, if successful, it will distribute to all of its 5. One of the biggest names in Singapore oil circles has sought court protection. Singapore 079903. The court-appointed manager of Singapore Ocean Tankers (Pte. Fantastic, absolutely spectacular to see. Ocean Tankers Holdings Public Company Limited | 829 followers. ) Ltd is seeking to reclaim about $19 million from the Lim family directors of the firm, who allegedly transferred the funds from the. The 7,990dwt vessel has been built by Keppel Offshore & Marine (O&M) subsidiary Keppel Nantong Shipyard. Today, Company offers services to a wide network of customers including oil majors, national oil companies and international trading houses. SINGAPORE (Aug 17): The court-appointed manager of Singapore Ocean Tankers (Pte) Ltd is seeking to reclaim about US$19 million from the Lim family directors of the firm, who allegedly transferred the funds from the shipping company to their accounts in April, court documents show. ” Darren Yates, Project Manager Services and Logistics. Odfjell Tankers Chartering offers safe and efficient ocean transportation in all major trade lanes of bulk liquid chemicals, acids, animal fats, edible oils, potable alcohols and clean petroleum products. The order includes six firm newbuildings of 23,500 dwt and options for four additional units. Palmstone Marine Services - Marine Bunker Fuels, bunker tanker, barges, marine, petroleum, Industrial and marine lubricating oils, Diesel by trucks, Barging services , Trading in Marine Bunker Fuels, Land kiosk for passenger boats and harbour tugs. AIS Name OCEAN LARK Type Oil tanker Flag Singapore IMO 9422847 MMSI 565545000 Callsign 9VBU5 Year Built 2007 Length 110 m Width 18 m Draught Avg 5. marine from world's best institute Marine Engineering And Reaserch Institute. Both tanker and dry bulk volumes remained average to above-average in relation to previous years, at least in the period covered by the IMF data. The entity status is Live Company. Ocean Princess Tanker. (IRIB News Agency via AP) Stena Bulk, the owner of the ship being held by. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets. com Ocean Tankers is in Tuas district. Ocean Queen, a 108,953-dwt oil tanker, was the first vessel transferred over to V. We’re confident we’ve provided all the best for you. In addition, Ernst & Young, the judicial manager of Hin Leong shipping arm Ocean Tankers, has sued O. grosstonnage. Buy surplus Tanker Trailers from Tremcar, Stephens, Dragon, Maxfield, Troxell, Advance and more. Ocean Tankers did not immediately respond to requests for comment about the judicial appointments. Major types of tankship include the oil tanker, the chemical tanker, and gas carrier. The affidavit signed by Lim Oon Kuin, a Chinese immigrant in his 70s widely known as O. SINGAPORE - Two oil tankers have been stopped from leaving a rebel-held port in war-torn Yemen over a commercial dispute, the ships' Singapore-based owner said Friday. List of Top Crude Tanker Companies 1. 40 145 upt united product tankers limited uptank 145. 4 million gallons of crude oil in the eastern Indian Ocean near the Nicobar islands following a collision with a cargo ship, on Monday. Ocean Tankers interview details: 1 interview questions and 1 interview reviews posted anonymously by Ocean Tankers interview candidates. Dutch firm Smit Salvage had commissioned the experts and was also sending two tug boats from Singapore and Mauritius, the navy added An international team of salvage experts arrived in Sri Lanka on Sunday to assess damage to a fire-stricken oil tanker off the east coast, officials said, as fear. Ocean Tankers Established in 1978, Ocean Tankers operates fleet of more than 130 vessels ranging from coastal barges to 318,000 DWT VLCCs and ranked 1st as an Asia privately owned tanker company. Lim and his sister, Lim Huey Ching, filed an application to restrain R&T from acting for the judicial managers of fleet manager Ocean Tankers Pte Ltd, Lim said in an email on Friday. Oslo, Singapore plan dual listings ENERGY, offshore and shipping stocks on the Singapore and Oslo bourses will be the first to be listed jointly under a deal between the exchanges. Local Business. The contract is a legally binding document between both the shipper and the. Ocean Tankers estimated that its exposure to lenders for inventory in storage could be as high as $600 million, and claims by trading counterparties such as PetroChina (Singapore) Pte. Eastern Ocean Tankers often books in own cargoes and COAs (contracts of affreightment) on the company's own account. It is a provider of crude oil and gas transportation, floating storage and. , CMA CGM/APL, Hapag-Lloyd, and Evergreen Line. View Ocean Tankers (Pte) Ltd profile, products & services and other information. Lloyd’s List understands Hin Leong's shipping affiliate, Ocean Tankers, is the technical manager of the tanker sold. The new ECO design Medium Range coastal product/chemical tanker currently being constructed for the New Zealand coastal trade is well underway at the SPP Sacheon shipyard in South Korea. LPG tanker PANG TIAN under construction at Ulsan shipyard, was damaged during typhoon Maysak passage on Sep 3, understood moored ship started to bump against pier, and hull was breached, with ensuing water ingress. Buy surplus Vacuum Tanker Trucks from Kenworth, International, Dragon, Peterbilt, Autocar, Mack and more. , CMA CGM/APL, Hapag-Lloyd, and Evergreen Line. The vessels are currently anchored off Singapore waters. ) Ltd is seeking to reclaim about $19 million from the Lim family directors of the firm, who allegedly transferred the funds from the. Local Business. We are a Singaporean based tanker operator in the small and intermediate. com Container port industry in Singapore Container Shipping Ocean Shipping Water. BTS Tankers is the new name of Broström Tankers Singapore. AHTS, Ocean TUG, Bulk Carriers & Tankers Sunday, August 14, 2011. All content is posted anonymously by employees working at Ocean Tankers. THE interim judicial managers of Ocean Tankers Pte Ltd - a troubled unit of the crumbling Hin Leong empire and one of the world's largest operators of oil tankers - have raised doubts over the firm's exposure to nearly US$1 billion of potential claims involving bills of lading (BL). In addition, Ernst & Young, the judicial manager of Hin Leong shipping arm Ocean Tankers, has sued O. is a global ship manager of high specification modern ocean-going vessels and provides its services as agents only. 60 146 csav - compania suramericana de vapores csavco 146. The Reuters energy team boarded the Pu Tuo San on July 11, which loaded about 1,000 tonnes of VLSFO for the first time. We focus on providing shipping and integrated supply chain solutions for break-bulk, bulk, project and container feeder shipments. Business Ocean Tankers is owned by the Lim family which also owns oil trader Hin Leong Trading. Vancouver. Glassdoor gives you an inside look at what it's like to work at Ocean Tankers, including salaries, reviews, office photos, and more. The tankers, Wu Yi San and Chang Bai San, were carrying cargoes financed by ICICI, the source. You might find it intersting that this same unit knots is used to define airplane speed too. Call the company Legal information - General Tankers Pte Ltd. Ocean Tankers, the shipping arm of troubled oil trader Hin Leong Trading, has withdrawn its application for a debt moratorium and asked for Ernst & Young to be appointed its interim judicial. Group’s technical management team and the remaining vessels will follow suit in the coming weeks. Singapore's Richest. is well recognized as one of the top bunker fuel suppliers in Singapore. Meanwhile, the interim judicial management orders for both firms continue to be in force. Worldwide tanker fleet - Number of tankers 2009, by ship size Turkish merchant fleet size by flag registration 2011-2018 Saudi Aramco ships for LPG shipments in Saudi Arabia 2010-2017. This video shows initial response efforts to the fire aboard the MT New Diamond tanker, located 38 nautical miles off the coast of eastern Sri Lanka. SINGAPORE (THE BUSINESS TIMES) - Running out of luck with creditors and facing mounting distress, Singapore's giant oil trader Hin Leong Trading (HLT) - and its sister company Ocean Tankers. The company is situated at an attractive maritime minded office location right at the Elbe River in central Hamburg. If you would like to explore your opportunities in the entire tank work you are welcome! We have a lot of various marine jobs for tanker fleet. OCEAN TEAM. said more tankers and airlifters available to Pacific Air Forces was a “key aspect” to. These mostly deal in engineering, metal, machinery and chemicals, especially petrochemicals. Nature: Head Office: Year established: 2001: Activity: See the Kompass. English Edit: Ida Jacobsen. 1 thousand were coasters. Shell Tankers (Singapore) Private Limited has agreed long-term charter contracts for six newbuild liquefied natural gas carriers. ICICI Bank, which has about $1. 7 million residents, the government said. Business Ocean Tankers is owned by the Lim family which also owns oil trader Hin Leong Trading. Used Brenner 210 T/A Tanker Trailer in El Reno, Oklahoma, United States for sale. COLOMBO, Sept 4 — A Panamanian-registered oil tanker burned out of control for a second day off Sri Lanka today as authorities confirmed a Filipino crew member was killed in an explosion and fears grew of a major new oil spill in the Indian Ocean. Worldwide trading. According to local reports, MMEA claims that the 9,500 dwt tanker was found to have been anchored in Malaysian wa. Starting as in-house ship managers, exclusively managing assets controlled by Polys Haji-Ioannou, we currently manage 'Aframax', ‘MR’ product and. SINGAPORE: Singapore plans to soon launch a wearable device for novel coronavirus contact tracing that, if successful, it will distribute to all of its 5. By Jessica Jaganathan. Mission, Vision & Values Preparing Tankers for Gas Free Inspection. The court-appointed manager of Singapore Ocean Tankers (Pte. The oil has been sold by Hin Leong's founder. He highlights the ambitious fleet expansion and modernization that remains an ongoing process for the business and sets the business apart from its competitors. Buy with confidence with our IronClad Assurance®. The vessel OCEAN TAIPAN (IMO: 9368235, MMSI 565889000) is a Crude Oil Tanker built in 2008 (12 years old) and currently sailing under the flag of Singapore. Hin Leong Trading and Ocean Tankers filed for bankruptcy protection. HONG LAM MARINE PTE LTD Maritime. The affidavit signed by Lim Oon Kuin, a Chinese immigrant in his 70s widely known as O. Both tanker and dry bulk volumes remained average to above-average in relation to previous years, at least in the period covered by the IMF data. Tarbit Tankers Services BV, Dordrecht, Netherlands. K Lim, skriver i en mail til Reuters, at Lim-familien vil meddele, om familien udsender en kommentar til rapporten. SINGAPORE (Aug 17): The court-appointed manager of Singapore Ocean Tankers (Pte) Ltd is seeking to reclaim about US$19 million from the Lim family directors of the firm, who allegedly transferred the funds from the shipping company to their accounts in April, court documents show. Apr 2018 – Present 2 Assisting various Asian Lift's crane barges in high quality and versatile heavy lifting in Singapore,Indonesia and. Both Hin Leong and Ocean Tankers have applied to be placed under judicial management, with the condition to restrain law firm Rajah & Tann Singapore from continuing to act for these two judicial managers on the grounds of conflict of interest. Heidmar is the original pool manager in the tanker space and is committed to innovation, performance, and transparency. COLOMBO, Sept 4 — A Panamanian-registered oil tanker burned out of control for a second day off Sri Lanka today as authorities confirmed a Filipino crew member was killed in an explosion and fears grew of a major new oil spill in the Indian Ocean. Xihe Holdings is part of the Lim family business empire, which also includes oil trader Hin Leong Trading and fleet manager Ocean Tankers (Pte) Ltd, both of which were placed under court-appointed. ) Ltd is seeking to reclaim about $19 million from the Lim family directors of the firm, who allegedly transferred the funds from the shipping company to their accounts in April, court documents show. Ltd in the year 2001. Offshore jobs and vacancies for seamen. Search for Singapore Private Limited Companies, Commercial Industry sectors, Singapore Wine and Dine Guide. “With a Singapore storm, lighting up the night, giant airbags were inflated and she was slowly lowered into the water. A tanker (or tank ship or tankship) is a ship designed to transport or store liquids or gases in bulk. Queues of tankers have formed off China’s busiest oil ports as the vessels wait to offload crude for refineries that are quickly ramping up production amid a rapid rebound in fuel demand. com Ship photos. The deceased, a Filipino national, was reported missing following the fire that ignited in the Panama-registered oil tanker yesterday (03). 6 million deadweight tonnes capacity. Track on Map Add Photo Add to Fleet. said more tankers and airlifters available to Pacific Air Forces was a “key aspect” to. India's ICICI Bank is seeking the impounding of two vessels operated by Ocean Tankers (Pte) Ltd, a unit of Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT), an ICICI source said on. SINGAPORE, Singapore. Storied Singapore tanker owner and oil trader OK Lim charged with fraud Ocean Tankers-linked vessel sold amid complicated effort to offload fleet Published. , CMA CGM/APL, Hapag-Lloyd, and Evergreen Line. 2] (To be presented to Parliament under section 65(8) of the Workplace Safety and Health Act). Ocean Tankers is owned by the Lim family which also owns Singapore's oil trader Hin Leong Trading, itself placed under judicial management in April as it seeks to restructure billions of dollars. Discover the latest empowering tools to access real-time data, customize reports and receive automatic notifications to make informed decisions. Ocean Tankers Established in 1978, Ocean Tankers operates fleet of more than 130 vessels ranging from coastal barges to 318,000 DWT VLCCs and ranked 1st as an Asia privately owned tanker company. The vessels are currently anchored off Singapore waters. As a global leader, we have an unrivalled experience in managing tanker vessels with vast experience at sea and ashore on product, crude, storage, LNG and LPG tankers. 2011: MOL signs a contract for Indonesia's first coastal LNG transport project. Sep 2009 – Present 10 years 11 months. In 2018, most of the tonnage sold for demolition were oil tankers to Bangladesh, India, Pakistan and Turkey. Ocean Tankers. Singapore-based Sinanju Tankers has launched the country’s first liquefied natural gas (LNG)-powered conventional bunker tanker Marine Vicky. Singapore 10 ppm gasoil/marine fuel 0. 65 million fine for dumping oil in Pacific Ocean, near SF Bay a whistleblowing crew member aboard the 16,408 gross-ton motor tanker M/T ZAO GALAXY. Ocean Tankers’ court-appointed manager, Ernst & Young (EY), is formulating a restructuring plan for the embattled Singapore shipmanager. com Ocean Tankers is in Tuas district. LNG tanker at night. The most common haulers are divided into classes based on their deadweight tonnage, the total amount of weight that they can carry, including crew, ballast water, cargo, fuel and provisions. SINGAPORE (THE BUSINESS TIMES) - Running out of luck with creditors and facing mounting distress, Singapore's giant oil trader Hin Leong Trading (HLT) - and its sister company Ocean Tankers. The company operates seven bulk ships, seven product tankers and two chemical tankers. Owned by Ellingto. Focusing on Non-Cape segment owing to the fragmented ownership/control allows the company to operate in a liquid market. NEW DELHI/SINGAPORE, April 20 (Reuters) - India's ICICI Bank is seeking the impounding of two vessels operated by Ocean Tankers (Pte) Ltd, a unit of Singapore oil-trading company. BUMA Group Jakarta. Malta-flagged tanker Seadancer, operated by Greek firm Thenamaris Ships Management and chartered by Thai refiner Tipco Asphalt, returned to Gibraltar after waiting in the Atlantic Ocean for a week. They say "A picture is worth a thousand words". Not enough buyers Smith first noticed the maritime congestion popping up a month ago off the coast of Singapore. An oil supertanker docked outside of Singapore. The Riah, a 58-meter (190-foot) oil tanker, typically made trips from Dubai and Sharjah on the UAE’s west coast before going through the strait and heading to Fujairah on the UAE’s east coast. A leading provider of global energy transportation services, OSG owns and operates a fleet of U. Global Becoming a global top-tier shipping group through perseverance; Safety & Environment Addressing problems preventively for safety and environment protection. Combining Intermodal to Ocean logistics and creating an acceptance point closer to customer helps one of world’s largest steel conglomerates save costs and time 20 Aug 2020 Press releases Strong performance by A. Thenamaris (Ships Management) Inc. Yellow dots are for VLCC tankers, which can carry 2 million barrels. Singapore Tankers and Gas Law Will judicial management force asset-stripping of Ocean Tankers? The tanker operator, which has been deemed a viable business, was forced to file for judicial management because the market lost confidence in its management. ICICI Bank is seeking the impounding of two vessels operated by Ocean Tankers (Pte) Ltd, a unit of Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT), an ICICI source said on Monday. Established in 1978. Singapore wants to dump its four old Boeing tankers By: Mike Yeo July 18, 2019 A Republic of Singapore Air Force KC-135R tanker aircraft taking off from Darwin, Australia, in 2014. Singapore – Early this morning at exactly 6:10am a Malaysian tanker and a bulk carrier collided in Singapore causing an oil spill. The deceased, a Filipino national, was reported missing following the fire that ignited in the Panama-registered oil tanker yesterday (03). Hin Leong was established in 1963 and has grown into one of Asia. Meanwhile a security incident involving the Japanese-owned ship Kokuka Courageous prompted a "full-scale emergency response", Singapore-based BSM Ship Management said. Both tanker and dry bulk volumes remained average to above-average in relation to previous years, at least in the period covered by the IMF data. 30 hours local. owns and operates more than 130 vessels ranging from coastal barges to 318,000 DWT VLCCs, ranked #16 among worldwide tanker operators. provides marine transportation services. Chemical Tanker Shipping Methodology. Ocean Tankers, the owner of the two vessels, confirmed to Reuters that the vessels were denied authority to leave the port. The interim judicial managers from EY said the Lim family "breached their fiduciary duties" by transferring the. Singapore Tankers and Gas Law Will judicial management force asset-stripping of Ocean Tankers? The tanker operator, which has been deemed a viable business, was forced to file for judicial management because the market lost confidence in its management. oceantankers. The ship will be the seventh in the company's fleet in Singapore. Feb 2015 – Present 5 years 6 months.  Shipping worldwide, prices depend on the vessel type, model length and shipping destination. Meanwhile, the interim judicial management orders for both firms continue to be in force. Japanese Tanker Drained Of Oil. With over 30 years experience, Heidmar is dedicated to putting Pool Partners’ interests first. Cargill Ocean Transportation. The notice did not give further details. Ocean Tankers, the shipping unit of Singapore's largest independent oil trader Hin Leong Pte Ltd, said it will convert its fleet of more than 100 oil tankers to burn VLSFO instead of high-sulphur. It is a provider of crude oil and gas transportation, floating storage and. A team of British experts had arrived at the Mattala Airport on a special flight this morning to investigate the incident of the New Diamond ship which caught fire in the East Coast of Sri Lanka. Ocean Tankers Pte Singapore www. Ocean Tankers, owned by O K Lim, founder of troubled oil firm Hin Leong Trading, was placed under interim judicial management on May 12. marine from world's best institute Marine Engineering And Reaserch Institute. To meet the business needs, the Group has employed storage facilities in Singapore, Taiwan and Korea. The tanker, formerly known as Marine Elite, has been renamed Grazie Cosulich. The Italian company said it took delivery of the 4,650 dwt tanker on Monday. Sri Lankan navy and India coastguard fired water cannon while an air force helicopter dropped water on the drifting New Diamond. Court filings cited the collapse in crude prices and the. and its owned and managed ships (Gold Point, Ice… read more. Singapore’s Ocean Tankers and oil trader parent Hin Leong Trading are set to discover whether they will be placed under judicial management. 5 km) north east of the Jupiter Island Lighthouse, Florida) by U-504 ( Kriegsmarine) with the loss of five of her 39 crew. Ocean Tankers (Pte. Xihe Holdings is part of the troubled Singapore-based Lim family business empire, which also includes oil trader Hin Leong Trading and fleet manager Ocean Tankers (Pte) Ltd, both of which were. (Photo: Ocean Tankers’ website) 13 May 2020 10:55AM(Updated: 13 May 2020 11:00AM) SINGAPORE: Two Singapore-based executives of EY have been appointed interim judicial managers of Ocean Tankers, the accounting firm said on Tuesday (May 13), following a court hearing to consider […]. 2001: MOL signs a contract with the government of Oman to help the nation develop its maritime industry. 6 million deadweight tonnes capacity. Hin Leong Trading and Ocean Tankers filed for bankruptcy protection. Offshore jobs and vacancies for seamen. com Container port industry in Singapore Container Shipping Ocean Shipping Water. AET Tankers (AET) is a Malaysian-owned Singapore-headquartered owner and global operator of crude and clean petroleum tankers alongside specialist activities including dynamic positioning shuttle tankers (DPSTs), hydro-carbon capture and ship-to-ship lightering to oil and gas companies, refineries and petroleum traders. Established in 1978. The Reuters energy team boarded the Pu Tuo San on July 11, which loaded about 1,000 tonnes of VLSFO for the first time. 2] (To be presented to Parliament under section 65(8) of the Workplace Safety and Health Act). The court-appointed manager of Singapore Ocean Tankers (Pte. In the 2010s approximately 164,000 tonnes of oil were lost from tanker spills of 7 tonnes and above, a 95% reduction since the 1970s. Mr Lim and his sister, Lim Huey Ching, filed an application to restrain R&T from acting for the judicial managers of fleet manager Ocean Tankers Pte Ltd, Mr Lim said in an e-mail on Friday (July 24). Ocean Tankers (Pte) Ltd (OTPL) is owned by the Lim family which also owns Singapore's oil trader Hin Leong Trading Pte Ltd, itself placed under judicial management in April as it seeks to. Xihe Holdings is part of the Lim family business empire, which also includes oil trader Hin Leong Trading and fleet manager Ocean Tankers (Pte) Ltd, both of which were placed under court-appointed. Singapore — Singapore's High Court has granted the application by shipowner Ocean Tankers to be placed under judicial management at the same time partners from the accounting firm Ernst & Young were appointed interim judicial managers after a hearing on Tuesday morning, a source said. (the "Company") is a Exempt Private Company Limited by Shares, incorporated on 30 April 2010 (Friday) in Singapore. 5 million (equivalent to approximately HK$409. Drybulk Ocean Freight. The statistic shows the number of oil tanker arrivals in Singapore from 2008 to 2019. Discover the latest empowering tools to access real-time data, customize reports and receive automatic notifications to make informed decisions. 6 thousand were freighters, and 4. Combining Intermodal to Ocean logistics and creating an acceptance point closer to customer helps one of world’s largest steel conglomerates save costs and time 20 Aug 2020 Press releases Strong performance by A. The vessel OCEAN TAIPAN (IMO: 9368235, MMSI 565889000) is a Crude Oil Tanker built in 2008 (12 years old) and currently sailing under the flag of Singapore. The vessels are not under arrest, Ocean Tankers added. New Build Self-Propelled Deck Barge Code:MWS1181. 4 thousand were tankers, 12. Contact our brokers. Xihe Holdings is part of the troubled Singapore-based Lim family business empire, which also includes oil trader Hin Leong Trading and fleet manager Ocean Tankers (Pte) Ltd, both of which were. India's ICICI Bank is seeking the impounding of two vessels operated by Ocean Tankers (Pte) Ltd, a unit of Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT), an ICICI source said on Monday. By Anshuman Daga and Roslan Khasawneh. for up to ten Handy-size tankers, Reuters reported citing a company spokesperson. , in October 1965 to Hain-Nourse Ltd. Ocean Tankers (Pte) Ltd (OTPL) is owned by the Lim family. Unix Line Pte Ltd is the primary ship management arm of MOL Chemical Tankers Pte. Ocean Tankers operates in Singapore. Lawyers representing Ocean Tankers (Pte. The affidavit signed by Lim Oon Kuin, a Chinese immigrant in his 70s widely known as O. Lim was also charged on Friday with abetment of forgery for. The interim judicial managers from EY said. There are two basic types of oil tankers: crude tankers and product tankers. The vessel OCEAN TAIPAN (IMO: 9368235, MMSI 565889000) is a Crude Oil Tanker built in 2008 (12 years old) and currently sailing under the flag of Singapore. Palmstone Marine Services - Marine Bunker Fuels, bunker tanker, barges, marine, petroleum, Industrial and marine lubricating oils, Diesel by trucks, Barging services , Trading in Marine Bunker Fuels, Land kiosk for passenger boats and harbour tugs. AHTS, Ocean TUG, Bulk Carriers & Tankers Sunday, August 14, 2011. Lines, Ltd. Buy surplus Tanker Trailers from Tremcar, Stephens, Dragon, Maxfield, Troxell, Advance and more. SINGAPORE's largest oil tanker operator Ocean Tankers Pte Ltd, part of the troubled Hin Leong empire, was granted interim judicial management (IJM) by the Singapore High Court on Tuesday. Fax : (65. India's ICICI Bank is seeking the impounding of two vessels operated by Ocean Tankers (Pte) Ltd, a unit of Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT), an ICICI source said on. an ju, service sts operation, handling yokohama fender and flexible hoses. Akbar Rahim 4,116 views. Combining Intermodal to Ocean logistics and creating an acceptance point closer to customer helps one of world’s largest steel conglomerates save costs and time 20 Aug 2020 Press releases Strong performance by A. Sustaining a competitive fleet. 42 million to add into its existing nine-vessel fleet that is involved in marine gas oil trading and oil bunkering services. Ocean Tanker Ship Management India Ltd was established in year 2000, from then on the company rapidly developed its Global Shipping activities including Crew Management, Ship Management, Port Agencies, Additional Services, etc Today Ocean Tanker Ship Management India Ltd is a dynamic and ambitious international crew and ship management company. Welcome to SD Model MakersWe specialize in true museum quality replica ship models –  in ANY size or scale desired!Our made-to-order models are hand-crafted, fully assembled, and ready to display. The most common haulers are divided into classes based on their deadweight tonnage, the total amount of weight that they can carry, including crew, ballast water, cargo, fuel and provisions. Two oil tankers near the strategic Strait of Hormuz were reportedly attacked, an assault that left one ablaze and adrift as sailors. Trading firm Hin Leong and subsidiary Ocean Tankers have applied to the courts, having lost hundreds of millions of dollars when the price of oil nosedived earlier this year. Ocean Tankers Established in 1978, Ocean Tankers operates fleet of more than 130 vessels ranging from coastal barges to 318,000 DWT VLCCs and ranked 1st as an Asia privately owned tanker company. “With a Singapore storm, lighting up the night, giant airbags were inflated and she was slowly lowered into the water. The tankers, Wu Yi San and Chang Bai San, were carrying cargoes financed by ICICI, the source. In the case of dry bulk, rates for larger bulkers collapsed this week, beyond the time frame of the IMF-published data (although that data does show dry bulk imports turning negative in late April and. Ocean Tankers’ court-appointed manager, Ernst & Young (EY), is formulating a restructuring plan for the embattled Singapore shipmanager. The tankers, Wu Yi San and Chang Bai San, were carrying cargoes financed by ICICI, the source. A massive fire on a stricken oil tanker off Sri Lanka's coast has been extinguished, the island nation's navy said Sunday, as international salvage experts began to assess the damage over fears of. "Please note that the company is a. The Maritime and Port Authority of Singapore (MPA) has said in a release that chemical tanker Stolt Commitment and multipurpose general cargo vessel Thorco Cloud collided in the busy traffic line vessel at the eastbound lane of the Traffic Separation Scheme (TSS) in the Singapore Strait yesterday on December 16, 2015 about 20. agreed to buy five chemical tankers from Chemical Transportation Group (CTG) for trading in the Stolt Tankers Joint Service, in a move to modernize its fleet. @Ocean Tankers Pte Ltd. MARINE SUPERINTENDENT/PORT CAPTAIN. Table View full table. Tarbit Tankers Services BV, Dordrecht, Netherlands. Ocean Tankers (Pte) Ltd (OTPL) is owned by the Lim family which also owns Singapore’s oil trader Hin Leong Trading Pte Ltd, itself placed under judicial management in April as it seeks to. Ocean Tankers, the shipping unit of Singapore’s largest independent oil trader Hin Leong Pte Ltd, said it will convert its fleet of more than 100 oil tankers to burn VLSFO instead of high-sulfur fuel oil in the fourth quarter. 5 million) each. Ocean Tankers, the shipping unit of Singapore's largest independent oil trader Hin Leong Pte Ltd, said it will convert its fleet of more than 100 oil tankers to burn VLSFO instead of high-sulphur. The tankers, Wu Yi San and Chang Bai San, were carrying cargoes financed by ICICI, the source said, adding the bank had about $100 million exposure to HLT. Find related and similar companies as well as employees by title and much more. ICICI Bank has issued notices to impound two vessels operated by Ocean Tankers (Pte) Ltd, a unit of the troubled Singapore oil-trading company Hin Leong Trading Pte Ltd. Charles Brown, Jr. The text is supported throughout with new and updated illustrations. Stay connect with us. The Director of Singapore-based energy transportation firm Ocean Tankers (Pte) Ltd (OTPL), a separate entity from Hin Leong Trading (HLT), on Monday (11 May) submitted an additional affidavit at the High Court of Singapore. 5 nautical miles (6. Singapore’s High Court yesterday approved the appointment of Ernst & Young representatives as interim judicial managers for Singapore-based Ocean Tankers (Pte) Ltd, to stabilise its business. OCEAN JACK current position is 1. Trading firm Hin Leong and subsidiary Ocean Tankers have applied to the courts, having lost hundreds of millions of dollars when the price of oil nosedived earlier this year. ) Ltd is seeking to reclaim about $19 million from the Lim family directors of the firm, who allegedly transferred the funds from the. Please use our Job Search to look for open vacancies. Ocean Tankers. ICICI Bank has issued notices to impound two vessels operated by Ocean Tankers (Pte) Ltd, a unit of the troubled Singapore oil-trading company Hin Leong Trading Pte Ltd. oceantankers. Megaton Shipping Private Limited, an international freight forwarder also widely recognised as one of the leading shipping companies in Singapore, was incorporated since 1991. The UEN issue date is March 19, 2011. , TORM operates a large and modern fleet of product tankers. Singapore Standard Industrial Classification (SSIC) 2010 Building of ships, tankers and other ocean-going vessels (including conversion of ships into off-shore structures) 30111 Repair of ships, tankers and other ocean-going vessels 30112. Located in the west of Singapore, Tuas is concentrated with factories and industrial plants. Ltd in the year 2001. Dutch firm Smit Salvage had commissioned the experts and was also sending two tug boats from Singapore and Mauritius, the navy added An international team of salvage experts arrived in Sri Lanka on Sunday to assess damage to a fire-stricken oil tanker off the east coast, officials said, as fear. Marine engineer at ocean tanker pte Ltd, Singapore. is a company registered in Singapore. Hotel Michael, Equarius Hotel, Beach Villas, Ocean Suites and TreeTop Lofts are available for booking. Constantly in motion, we transport hydrocarbons safely and sustainably around the world. View 65,222 Ocean Tankers (Pte) Ltd jobs at jobsDB, create free email alerts and never miss another career opportunity again. The impact of Hin Leong's difficulties on the Singapore bunker market is manageable, Transport Minister Khaw Boon Wan. is an international shipping company. K Line America is a RORO, BULK and LNG ocean transportation company. By Jessica Jaganathan. Wilhelmsen Ship Management, a provider of third party ship management services headquartered in Singapore and the Hamburg-based asset and investment manager MPC Capital AG have agreed to combine their activities in the technical management of container ships. The Strait of Malacca, near where 10 U. ) Ocean Monarch (Shaw Savill Line) Octorara (Anchor Line) (later Great Lakes Transit Corporation) Odenwald (Hapag) Odenwald (Kosmos) Odin (DFDS) Odin (Svea Line) Ohio. From a small bunker operator, we have grown into a leading tanker manager in Singapore. Ocean Tankers is a good Company, where I have started my career as Training officer in 2008. Ocean Tankers, the shipping unit of Singapore's largest independent oil trader Hin Leong Pte. Apr 2014 – Present 6 years 5 months. Make something awesome. “The document stated that Hin Leong had transferred more than one million barrels of gasoil to China Aviation Oil (Singapore) Corporation Ltd. The interim judicial managers from EY said the Lim family "breached their fiduciary duties" by transferring the. Pages Directory Results for OCEAN AVENUE – OCEAN TANKER PTE LTD SINGAPORE. and its owned and managed ships (Gold Point, Ice… read more. They say "A picture is worth a thousand words". All content is posted anonymously by employees working at Ocean Tankers. The 7,990 dwt bunker tanker will be the first LNG-fueled bunkering vessel for Singapore and for Sinanju Tankers. Ocean Tankers Established in 1978, Ocean Tankers operates fleet of more than 130 vessels ranging from coastal barges to 318,000 DWT VLCCs and ranked 1st as an Asia privately owned tanker company. Owned by India-based Varun Shipping, the 106,004 dwt vessel was arrested in the afternoon hours of June 22, following instructions from a local law firm Haridass Ho & Partners. The number of crude oil tankers rounded up to about 7,400 units, while the number of container ships in the world was at about 5,150 units in the beginning of 2019. Buy with confidence with our IronClad Assurance®. Two Singapore-based executives at accounting and consulting firm EY have been appointed interim judicial managers of Ocean Tankers, the accounting firm said on Tuesday May 12th. Lim was also charged on Friday with abetment of forgery for. Singapore 10 ppm gasoil/marine fuel 0. The court-appointed manager of Singapore Ocean Tankers (Pte. LPG tanker PANG TIAN under construction at Ulsan shipyard, was damaged during typhoon Maysak passage on Sep 3, understood moored ship started to bump against pier, and hull was breached, with ensuing water ingress. Our office in Spain marks the start of a measured expansion. COLOMBO: A Panamanian-registered oil tanker burned out of control for a second day off Sri Lanka on Friday, raising fears of a major new oil spill in the Indian Ocean. Buy used Service/Utility Trucks from Dodge, Chevrolet, Ford, GMC, Ram, Freightliner and more. BTS Tankers is the new name of Broström Tankers Singapore. Ocean Tanker Brokers | 在领英上有 253 位关注者 | We believe in providing prompt, accurate market information to give rise to the right decision at the right time. Ocean Tankers is owned by the Lim family which also owns Singapore's oil trader Hin Leong Trading, itself placed under judicial management in April as it seeks to restructure billions of dollars. WS PAN Oil Tankers in harbor. The affidavit signed by Lim Oon Kuin, a Singaporean in his 70s widely known as O. 5%S spread at 15-week low amid rising gasoil supply 1 hr ago. India's ICICI Bank is seeking the impounding of two vessels operated by Ocean Tankers (Pte) Ltd, a unit of Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT), an ICICI source said on. sailor @ocean tanker pte ltd, Singapore Bangladesh 22 connections. The impact of Hin Leong’s difficulties on the Singapore bunker market is manageable, Transport Minister Khaw Boon Wan. Singapore – Early this morning at exactly 6:10am a Malaysian tanker and a bulk carrier collided in Singapore causing an oil spill. TORM is a pure play product tanker company and one of the world’s leading carriers of refined oil products such as gasoline, jet fuel, naphtha and diesel oil. Statement from PB Tankers Rome, July 4, 2019 In an announcement dated July 3, 2019, The US Department of Treasury, Office of Foreign Asset Control (OFAC) de-listed PB Tankers S. 6 billion to 23 banks. is dealing with Semiconductors, located at 71 Woodlands Ave 10 #09-18 Singapore 737743, contact 67593538. Buy surplus Tanker Trailers from Tremcar, Stephens, Dragon, Maxfield, Troxell, Advance and more. Not enough buyers Smith first noticed the maritime congestion popping up a month ago off the coast of Singapore. HONG LAM MARINE PTE LTD Maritime. The 7,990 dwt dual-fuel bunker tanker will be the first LNG fueled bunkering vessel for Singapore and for Sinanju. Marine fuel supplier Fratelli Cosulich has added another barge to its operation in Singapore, the company said Wednesday. Singapore Tankers and Gas Law Will judicial management force asset-stripping of Ocean Tankers? The tanker operator, which has been deemed a viable business, was forced to file for judicial management because the market lost confidence in its management. Drybulk Ocean Freight. Ocean Tankers owns a fleet of more than 100 oil tankers of various sizes. Ocean Tankers Pte. You can use the toggles at the top of the map to break down the ships by type — container ships (yellow), dry bulk carriers (blue), oil and fuel tankers (red), gas carriers (green), and ships. 8 million gallons of crude oil into the sea, covering 1,300 square miles (3,366. Constantly in motion, we transport hydrocarbons safely and sustainably around the world. Mission, Vision & Values Preparing Tankers for Gas Free Inspection. (formerly known as COSCO Corporation (Singapore) Limited) aims to become one of the leading integrated logistics management service providers in South and Southeast Asia, following the 100% acquisition of Cogent Holdings Limited and 40% acquisition of PT. OCEAN AVIATION. Oil tankers carrying enough crude to satisfy 20% of the world’s consumption are gathered off California’s coast with nowhere to go as fuel demand collapses. (IRIB News Agency via AP) Stena Bulk, the owner of the ship being held by. A blended chartering strategy that utilises a multi-prong approach of Time Charters, arbitrage of cargo and ships, FFA’s to hedge exposure while maintaining flexibility to gain exposure for market moves. World War II: The tanker was torpedoed and damaged in the Atlantic Ocean 3. Ocean Tankers Pte Ltd. Both Hin Leong and Ocean Tankers have applied to be placed under judicial management, with the condition to restrain law firm Rajah & Tann Singapore from continuing to act for these two judicial managers on the grounds of conflict of interest. Ocean Tankers, the shipping unit of Singapore’s largest independent oil trader Hin Leong Pte Ltd, said it will convert its fleet of more than 100 oil tankers to burn VLSFO instead of high-sulfur fuel oil in the fourth quarter. A massive fire on a stricken oil tanker off Sri Lanka's coast has been extinguished, the island nation's navy said Sunday, as international salvage experts began to assess the damage over fears of. By Roslan Khasawneh and Anshuman Daga. Waterfront Shipping operates the world's largest methanol ocean tanker fleet with its fleet comprising vessels from 3,000 to 50,000 dwt.
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