The first meeting for creditors of Sea Hub Tankers Pte Ltd, a subsidiary of bunker firm Sea Hub Energy Pte Ltd, has been scheduled to take place on 12 February, according to a Government Gazette notice on Thursday (29 January).
Sea Hub Energy is a company formerly in the business of chartering and trading of marine fuels at Singapore port.
The meeting will be held at 10.30am via video-conferencing and/or tele-conference.
The following is the agenda for the meeting:
- To present a statement on the company’s affairs showing the assets and its estimated realisable value, together with a list of creditors and the estimated amount of the claims;
- To consider the nomination of the Liquidators or to confirm the appointment of Liquidators nominated by the company;
- To appoint a Committee of Inspection;
- To authorise the Liquidators to be at liberty to exercise all or any of the powers conferred on them pursuant to the Insolvency, Restructuring and Dissolution Act 2018 (Act 40 of 2018), including but not limited to the powers to appoint solicitors and to compromise debts and claims; and
- Any other resolutions.
The details of the liquidator are as follows:
Tan Wei Cheong
Joint & Several Provisional Liquidator
c/o 6 Shenton Way
OUE Downtown 2 #33-00
Singapore 068809
Manifold Times previously reported directors of Sea Hub Energy lodging a statutory declaration (SD) stating that the company cannot continue its business due to its liabilities.
In the SD, the directors, Lim Seet Huat and Ang Heng Lye, said the meetings of the company and its creditors have been summoned for 5 April 2024, being a date within one month of the date of the SD.
In June 2021, the State Courts of the Republic of Singapore issued Ang a 35-month imprisonment sentence, due to his role in a conspiracy to tamper with the mass flow metering (MFM) systems on board Singapore bunker tankers Southernpec 6 and Southernpec 7 between October 2018 to April 2019.
Note: To entitle you to attend, nominate and vote thereat your Proof of Debt and form of proxy must be lodged with the Provisional Liquidators no later than 10.30 a.m. on Tuesday, 10 February 2026.
A copy of the Proof of Debt form (prescribed Form VWU-11), form of proxy, a statement showing the names of all known creditors and the amount of their claims and a copy of this Notice have been dispatched to all known creditors of the company on 29 January 2026. Any other person claiming to be a creditor of the company as at this date may write to the Joint and Several Provisional Liquidators to request for copies thereof.
Related: Singapore: Former Sea Hub Tankers staff jailed over “Sea Tanker II” sanctions violations
Related: Singapore: Bunker firm Sea Hub Energy to be wound up voluntarily
Related: Singapore: First creditors meeting scheduled for bunker firm Sea Hub Energy
Related: Singapore: Directors of troubled Sea Hub Energy declare inability to continue business
Related: Magnets on MFMs: Trial ends with 35-month imprisonment sentence for Director of Seahub Energy
Related: Singapore: Imprisonment of Sea Hub Energy Director ‘unrelated to company integrity’, says majority shareholder
Related: Sea Hub Energy seeks US$12 million from Southernpec at Singapore High Court
Related: Singapore: Sea Hub Energy exits MPA bunker craft operator list
Related: OFAC adds Singapore-registered “Sea Tanker II” to sanctions list
Photo credit: Benjamin-Child
Published: 30 January, 2026
