Legal

Danske Bank reported Dan-Bunkering to police in EU sanctions case

Dan-Bunkering has twice been reported to the Danish State Prosecutor for possible Syria sanctions-busting, reports Danish publication DR.

Published

7 years ago

June 7, 2019

Admin

The following story published in early June has been shared with Manifold Times by courtesy of DR. It is a follow up on an earlier exclusive DR scoop regarding allegations of Dan-Bunkering being involved in EU sanctioned Syrian war activity:

Denmark’s largest financial institution, Danske Bank, reported the Danish bunker company Dan-Bunkering to the State Prosecutor for Serious Economic and International Crime in August 2018.

The bank reported its customer because it suspected the bunker company had violated the EU ban on sale, supply, transfer or export of jet fuels in Syria, or for use in Syria, according to information obtained by the Danish Broadcasting Corporation (DR).

Danske Bank sent the written report to the State Prosecutor as well as the Danish Business Authority. The Danish Business Authority confirmed to DR that a “financial institution” reported Dan-Bunkering for possible Syria sanctions violations on August 20, 2018.

According to a written memo obtained by DR, the authorities were informed by the financial institution that Dan-Bunkering had “probably” violated the EU jet fuel ban.

Exclusive: Danish bunker company involved in case of jet fuel for air strikes in Syria

The new information shows that Dan-Bunkering has been reported to the Danish State Prosecutor for Serious Economic and International Crime twice, in two consecutive years.

DR previously revealed that the Danish Business Authority reported Dan-Bunkering to the State Prosecutor in February 2017 on suspicion of violation of the jet fuel ban.

Bank monitors compliance

Head of External Communications at Danske Bank, Kenni Leth, states in a written statement to DR that the bank continuously monitors its customers’ transactions to ensure that they comply with legislation and sanctions.

– If we discover any suspicious circumstances or potential criminal offences, we report it to the relevant authorities. We cannot comment any further on the specific case, he writes.

DR unsuccessfully tried to obtain a comment from Dan-Bunkering regarding Danske Bank’s report.

DR first reported on Dan-Bunkering's involvement in deliveries of at least 30,000 metric tonnes of jet fuel for the Russian military in Syria in April 2018.

According to U.S. Court Records and confidential information possessed by Danish Authorities, Dan-Bunkering has supplied jet fuel to Russian tankers which in turn have supplied Russian fighter planes in Syria; fighter planes that have carried out air strikes in support of Syrian President Bashar al-Assad.

The deliveries allegedly took place from January 2016 to May 2017.

Deliveries to Russian tankers

Previously, Dan-Bunkering has acknowledged delivering fuel to Russian tankers but stated that none of Dan-Bunkering’s delivery documents named Syria as end destination.

The company declined to specify what it means by ‘delivery documents’ and which end destinations were named in the documents.

Bunker company acknowledges flawed statement in EU sanctions case

The company has denied violating EU's Syria sanctions. Dan-Bunkering has neither been charged nor indicted in the case, which is still being investigated by local police on the island of Funen, where Dan-Bunkering is headquartered.

Several members of the Danish Parliament have sharply criticized the fact that the State Prosecutor for Serious Economic and International Crime passed the case on to local police and there have been repeated calls for the case to be returned to the State Prosecutor to secure a thorough investigation.

Minister of Justice wants answers

In a written statement to DR on Monday, Danish Minister of Justice, Søren Pape Poulsen, underlined the seriousness of the case.

– This is a very serious case which needs to be clarified, he said.

A month ago, he requested a written statement on the case from the State Prosecutor. Søren Pape Poulsen now says he expects the statement to be delivered “as soon as possible.”

The Minister’s room for manoeuvre is currently limited due the 2019 Danish general election taking place on Wednesday, June 5.

The State Prosecutor for Serious Economic and International Crime as well as Funen Police declined to comment.

EU sanctions violations are punishable by by up to four years’ imprisonment under the Danish Criminal Code.

Photo credit: Danske Bank
Source: DR
Published: 7 June, 2019

Winding up

Singapore: Nan Shan Maritime liquidator issues notice of intended dividend

Creditors will need to produce proofs of debt to liquidator of Nan Shan Maritime by 14 July, according to Government Gazette notice.

Published

23 hours ago

July 1, 2026

Admin

A notice to declare intended dividend of Nan Shan Maritime Pte Ltd to its creditors has been posted on the Government Gazette on Tuesday (30 June).

The following are the details of the notice of intended dividend:

Name of Company : Nan Shan Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 201701967H
Address of Registered Office : 10 Anson Road, #10-10, International Plaza, Singapore 079903
Last Day for Receiving Proofs : 14 July 2026
Name of Liquidator : Tam Chee Chong
Address : c/o 10 Anson Road, #10-10, International Plaza, Singapore 079903

Photo credit: steve pb from Pixabay
Published: 1 July, 2026

Winding up

Singapore: Kekal Shipping Pte Ltd to undergo voluntary wind up

A liquidator has been appointed at an extraordinary general meeting held on 18 June for the purpose of winding up the company’s affair, according to Government Gazette notice.

Published

2 days ago

June 30, 2026

Admin

A notice in the Government Gazette was published by the Director of Kekal Shipping Pte Ltd on Friday (26 June), regarding resolutions that were passed in relation to the winding up of the company.

The following resolutions were duly passed during an an Extraordinary General Meeting of the company, which was held at 1 Harbourfront Avenue, #14-07 Keppel Bay Tower, Singapore 098632 on 18 June at 10am:

SPECIAL RESOLUTION

RESOLVED that the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.

ORDINARY RESOLUTION

RESOLVED that Ms Lee Yan Huei of Messrs Acclime Corporate Advisory Singapore Pte. Ltd. be appointed liquidator of the Company for the purpose of such winding up

Photo credit: Jo_Johnston from Pixabay
Published: 30 June, 2026

Winding up

Singapore: Heng Tong Fuels & Shipping Pte Ltd to be wound up voluntarily

Nicholas James Gronow, director of the Singapore-based bunker tanker owner, filed a statutory declaration last year for the company, stating the firm cannot continue their businesses due to its liabilities.

Published

3 days ago

June 29, 2026

Admin

Several written resolutions for Singapore-based bunker tanker owner Heng Tong Fuels & Shipping Pte Ltd (HTFS) were approved by the sole shareholder of the company on 19 June, according to a post in the Government Gazette on Friday (26 June).

Manifold Times previously reported a director of HTFS filing a statutory declaration (SD) with the Official Receiver’s office stating that the company cannot continue its business due to its liabilities.

The company was reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

The duly passed resolutions were:

SPECIAL RESOLUTIONS:

That the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018).
That the Liquidators be authorised to exercise any or all of the powers provided under Section 144(1)(b), (c), (d), (e), (f) and (g) and 144(2) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018).
That the Liquidators be and are hereby authorised to distribute in cash or in specie any or all of the assets of the Company remaining after satisfaction of all debts and liabilities.

ORDINARY RESOLUTIONS:

That Mr. Wong Pheng Cheong Martin and Ms. Koay May Yee, both care of FTI Consulting (Singapore) Pte. Ltd., One Raffles Quay #27-10 South Tower Singapore 048583 be and are hereby appointed the joint and several Liquidators of the Company for the purpose of such winding up and that the Liquidators be indemnified by the Company against all costs, charges, losses, expenses and liabilities incurred or sustained by them in the execution and discharge of their duties in relation thereto.
That the remuneration of the Liquidators be based on their normal scale rates for carrying out the engagement plus disbursements and the prevailing goods-and-services tax and that the Liquidators’ remuneration be paid out of the assets of the Company.

In another notice, the liquidators of Heng Tong Fuels & Shipping said creditors for the company are required on or before the 27 July to send in their names and addresses and particulars of their debts or claims, and the names and addresses of their solicitors (if any) to the liquidators.

Liquidators may also require creditors to, “come in and prove their debts or claims at such time and place as shall be specified in such notice, or in default thereof they will be excluded from the benefit of any distribution made before such debts are proved.”

The liquidators can be contacted at the following address:

WONG PHENG CHEONG MARTIN
KOAY MAY YEE
JOINT AND SEVERAL LIQUIDATORS
of FTI Consulting (Singapore) Pte. Ltd.
One Raffles Quay
#27-10 South Tower
Singapore 048583