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WFS Europe in $12 million claim against Macoil International over unpaid deliveries

Seeks payment over debt for three 380 cSt grade bunker cargo deliveries totalling 21,000 mt to LS Jacoba at Malta between August 2018 and September 2018.
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Published

7 years ago

on

5db253f98b919 1571967993

World Fuel Services (WFS) Europe on Tuesday (15 October) submitted a complaint against Greek bunkering firm Macoil International at a U.S District Court claiming a total USD 11.75 million.

The claim, which included additional interest, contractual fees, and more, was mainly due to unpaid debt for three bunker cargo deliveries between August 2018 and September 2018, according to a document seen by Manifold Times.

On 28 August 2018, WFS Europe supplied 10,000 metric tonnes (mt) of 0.5% sulphur 380 centistokes (cSt) product to the Macoil appointed receiving vessel LS Jacoba at Malta through a third party contract with AOT Trading AG.

The company later supplied 6,000 mt and 5,000 mt of 0.5% sulphur 380 grade to the LS Jacoba at Malta for Macoil, through similar arrangements with AOT Trading on 11 September and 14 September 2018 respectively.

Manifold Times in late September reported Vitol SA seeking USD 20.6 million from Macoil over fail payment. The earlier court document also showed Macoil purportedly owing credit totalling USD 99.5 million to several parties (engaged in separate lawsuits against Macoil) including BNP Paribas, Unicredit, Vilma Oil, Sahara Energy Resource Limited, and Septo Trading.

Related: Vitol files bankruptcy suit against Macoil over failed payment

Photo credit: MarineTraffic / Ian Shiffman
Published: 25 October, 2019
 

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Winding up

Singapore: Final meeting scheduled for Tiger LNG Shipping Pte Ltd

Meeting will be held on 29 June at 190 Middle Road #17-05 Fortune Centre Singapore 188979 to hear any explanation that may be given by the liquidator, according to Government Gazette notice.
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Published

2 days ago

on

June 2, 2026

By

RESIZED Jo_Johnston from Pixabay

The final meeting for Tiger LNG Shipping Pte Ltd has been scheduled to take place on 29 June, according to the company’s liquidators on a notice posted on Friday (29 May) on the Government Gazette.

The meetings will be held at 10.30am at 190 Middle Road #17-05 Fortune Centre Singapore 188979. 

The meeting is being held for the purpose of having an account laid before the meeting showing the manner in which the winding up has been conducted and the property of the company disposed of, and of hearing any explanation that may be given by the liquidator.

The following are the details of the liquidator:

LUM CHI LUP BENNY
c/o 190 Middle Road
#17-05 Fortune Centre
Singapore 188979

 

Photo credit: Jo_Johnston from Pixabay
Published: 2 June, 2026

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Winding up

Singapore: Annual general meetings scheduled for Xin Guang Shipping and An Xing Shipping

Annual general meeting of the company and creditors for An Xing Shipping and Xin Guang Shipping will be held by electronic means on 11 June and 12 June respectively.

Admin

Published

1 week ago

on

May 28, 2026

By

Resized benjamin child

Several notices were published on the Government Gazette on Tuesday (26 May) regarding the annual general meetings of the companies and creditors to be held electronically from 5 to 6 May for Xin Guang Shipping Pte Ltd and An Xing Shipping Pte Ltd. 

Annual general meeting for Xin Guang Shipping are to be held on 12 June at the following times:

  • Annual general meeting of the Company at 2pm
  • Annual general meeting of the creditors of the Company at 3pm

Annual general meeting for An Xing Shipping are to be held on 11 June at the following times:

  • Annual general meeting of the Company at 2pm
  • Annual general meeting of the creditors of the Company at 3pm

The agenda for all the meetings are:

  • To receive an update on the liquidation.
  • To receive an account of the Liquidators’ acts and dealings, and of the conduct of the winding up.

The following are the details of the liquidator: 

Ho May Kee
Liquidator
c/o 8 Marina View
#40-04/05 Asia Square Tower 1
Singapore 018960

 

Photo credit: Benjamin Child
Published: 28 May, 2026

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Winding up

Singapore: Notice of intended dividend issued for Xihe Capital Pte Ltd

Xihe Capital Pte Ltd and its subsidiaries are owned by the Lim family, who are also the owners of the embattled Hin Leong Trading.
Admin

Published

1 week ago

on

May 25, 2026

By

RESIZED Drew Beamer

A notice to declare the intended dividend of Xihe Capital Pte Ltd to its creditors has been posted on the Government Gazette on Wednesday (15 April).

Xihe Capital Pte Ltd and its subsidiaries are owned by the Lim family, who are also the owners of the embattled Hin Leong Trading.

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

Name of Company : XIHE CAPITAL (PTE.) LTD. (IN CREDITORS’ VOLUNTARY LIQUIDATION)

Unique Entity No. / Registration No. : 201727410K

Address of Registered Office : 10 ANSON ROAD, #10-10, INTERNATIONAL PLAZA SINGAPORE 079903

Last Day for Receiving Proofs : 5 June 2026

Name of Liquidator : TAM CHEE CHONG

Address : c/o 10 ANSON ROAD, #10-10, INTERNATIONAL PLAZA SINGAPORE 079903

 

Photo credit: Drew Beamer
Published: 25 May, 2026

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