Tag: Hin Leong
One-third of Lim Family Ships Sold To Repay Debts
Each VLCC raised about $30 mln.
Bunker barges sold at $2 mln to $3 mln.
Greek ship owners among buyers.
About one-third of the...
Asian Fuel Oil Trades Halved in 2020 Due To COVID
The volume of Asian fuel oil trades recorded through the S&P Global Platts market-on-close (MOC) price assessment system almost halved last year as the...
Hin Leong-linked Xihe Subsidiaries File Winding-up Resolutions
Hin Leong-linked shipping company Xihe Capital and several of its subsidiaries published winding-up resolutions on 30 October, reports Ship & Bunker.
Winding-up resolutions
Xihe Capital and...
MPA Suspends Singapore Marine Fuel Supplier’s Licence
According to a Reuters report, Singapore has suspended the supply licences of Hin Leong shipping fuel unit.
Licences cancelled
The Maritime and Port Authority of Singapore...
Commodity Traders Shocked After Collapse of Oil Trader
Commodity traders are facing the heat following Hin Leong's shocking collapse.
It has led to short-term disruptions amid COVID-19.
There are disruptions in...