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Shell Singapore oil heist: Third offender pleads guilty for gas oil theft

A former tanker captain pleads guilty to six counts of abetting to dishonestly receiving stolen property.

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Former tanker captain of Prime Splendour, Nguyen Duc Quang, on Friday (3 January) pleaded guilty to six counts of abetting to dishonestly receiving stolen property involving more than USD 4.5 million (SGD 6 million), according to The Straits Times.

In the largest gas oil theft prosecution in Singapore’s court, the 48-year-old Vietnamese received misappropriated gas oil worth more than USD 7.3 million (SGD 9.8 million).

The offences were committed between March 2016 and up until his arrest on 7 January 2018.

Quang started working for Vietnam-based Prime Shipping Corporation in 2009, where he later became Captain of several vessels including Prime Senator, Prime South and at the time of the crime, Captain of Prime Splendour in March 2016, said Deputy Public Prosecutor Stephanie Chew.

While onboard Prime Splendour which was stationed at Pulau Bukom, Quang received a call from a man identified as Nguyen Quoc Tuan, who had asked him to receive some misappropriated gas oil.

Quang then followed up with a call to former chairman of Prime Shipping Corporation, Tran Quang Tuan, who had instructed him to follow Nguyen Quoc Tuan’s instructions.

Under instruction, Quang paid a Shell employee USD 30,000 after receiving misappropriated gas oil on Prime Splendour; he later received USD 5,000 from another individual in Vietnam.

Following this, the stolen gas oil was sold off, where proceeds were split between Tran Quang Tuan, Nguyen Quoc Tuan, Nguyen Duc Quang and a fourth man – Nguyen Manh Cuong, former director of Petrolimex Singapore.

Quang said he had earned about USD 120,000 from various dealings involving misappropriated gas oil from Pulau Bukom between March 2016 and January 2018.

The trio, Tran Quang Tuan, Quoc Tuan and Nguyen Manh Cuong are still at large.

Quang will be sentenced on 14 January, in which six other similar charges linked to the remaining amount will be considered during sentencing.

In August 2017, a Shell representative filed a report saying the firm had lost about SGD 2.98 million worth of fuel in April that year.

To date, Quang is the third person to be sentenced at the Singapore court in relation to the Shell Pulau Bukom gas oil heist case. The first was the former Chief Officer of Prime South and the second is the former captain of Prime South.

Earlier coverage of the Shell Pulau Bukom oil heist case can be found below:

Related: Captain of “Prime South” jailed in Shell Pulau Bukom gas oil theft
Related: Shell Singapore oil heist: Ex-Chief Officer of Prime South jailed
RelatedShell MGO bunker heist amount balloons to USD$142 million
RelatedShell MGO bunker heist update: Fresh charges issued at Singapore court
RelatedShell Singapore oil heist: More charges issued at court
RelatedShell Singapore oil heist: Nine charged offered bail
RelatedSingapore bunker employee faces additional charges
RelatedIntertek Singapore employee among Shell oil heist suspects
RelatedShell Singapore oil heist update: More individuals charged
RelatedShell Singapore oil heist: Shipowner should have conducted a charterer check
RelatedFuel syndicate busted at Singapore Shell Bukom
RelatedShell Singapore oil heist: Breakdown of stolen oil cargoes

Photo credit: Manifold Times
Published: 6 January, 2020

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Legal

Singapore withdraws remaining 127 charges against Hin Leong founder OK Lim

Lim Oon Kuin, also known as OK Lim, was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges on 17 July.

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RESIZED Sora Shimazaki on Pexels

Founder of collapsed oil trader Hin Leong Trading, Lim Oon Kuin, also known as OK Lim, has had the remaining 127 charges against him withdrawn, according to The Straits Times on Monday (20 July). 

OK Lim was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges, including those for cheating, on 17 July. The discharge means Lim cannot be prosecuted again for the same offences.

Lim, 84, is currently serving a 13½-year prison sentence after the High Court reduced his original 17½-year jail term in March 2026. He was convicted in 2024 on two cheating charges and one count of abetting forgery in a case prosecutors described as one of Singapore’s most serious trade finance frauds.

Lim was convicted in May 2024 of two charges of cheating the Hongkong and Shanghai Banking Corporation (HSBC) and one count of abetting forgery that proceeded to trial out of a total of 130 criminal charges.

He was first charged in court on 14 August 2020, and was subsequently handed further charges in court on 25 September 2020, 30 April 2021 and 24 June 2021 for his role in perpetuating fraud on various financial institutions. 

A total of 130 charges were eventually brought against him for cheating and forgery-related offences.

Related: Singapore: Hin Leong Founder OK Lim gets jail term slashed to 13.5 years

 

Photo credit: Sora Shimazaki
Published: 21 July, 2026

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Winding up

Singapore: Coastal Logistics Pte Ltd to be wound up voluntarily

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

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RESIZED Drew Beamer

Several resolutions for Coastal Logistics Pte Ltd were made during an extraordinary general meeting held on 14 July, according to a notice in the Government Gazette on Friday (4 July).

The following resolutions were duly passed during the meeting:

As Special Resolution

  • That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018);

As 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 appointed as the joint and several Liquidators of the Company for the purpose of such winding up; and
  • that the Liquidators be at liberty to open, maintain and operate any bank account(s) or account(s) for monies received by them as Liquidators with such bank(s) as they deem fit; and
  • that a Committee of Inspection will not be formed.

Manifold Times previously reported Nicholas James Gronow, director of Heng Tong Fuels & Shipping and Coastal Logistics, filed statutory declarations for both companies stating the firms cannot continue their businesses due to liabilities.

Both companies were reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd. 

In 2019, several vessels owned by both firms entered the sale & purchase (S&P) market in Singapore.

Related: Singapore: Director declares Heng Tong Fuels & Shipping’s inability to continue business
Related: Heng Tong Fuels & Shipping in court over DBS Bank bunker tanker loan
Related: Singapore: Bunker tanker “Coastal Neptune” arrested
Related: Heng Tong Fuels & Shipping, Coastal Logistics tankers enter S&P market

 

Photo credit: Drew Beamer
Published: 21 July, 2026

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Winding up

Singapore: Liquidator of Nan Shan Maritime Pte Ltd issues notice of dividend

Third interim dividend to admitted unsecured claims of Nan Shan Maritime is payable from 15 July, according to Government Gazette notice.

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RESIZED Drew Beamer

A notice of dividend for Nan Shan Maritime Pte Ltd, which is currently in creditors’ voluntary liquidation, was published on the Government Gazette on Wednesday (15 July). 

The following are the details of the notice:

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
Amount per centum : 5.00 Per Centum of all admitted unsecured, claims
First and Final or Otherwise : Third Interim
When Payable : 15 July 2026
Where Payable : Entitlements will be made by way of cheque.

 

Photo credit: Drew Beamer
Published: 16 July, 2026

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