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Singapore Bunkers Finance

Hin Leong insolvency leaves traders and shippers exposed

Shell and other potentially exposed cargo owners can seek court injunctions to protect their cargoes but the legal proceedings could take months to resolve and competing claims are likely

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Competing claims from bank lenders seeking to recover outstanding debts from Hin Leong have already surfaced. Cargo owners face escalating risks of being embroiled in costly legal spats to fend off these potential competing claims on their cargo

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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