“While there is some immediate collateral impact through credit-tightening on other bunkering players, it is manageable,” says Khaw in a Facebook post on April 20. “Our priority is to ensure that our bunkering sector remains robust. And it is.”
SINGAPORE (Apr 20): Even as Hin Leong Trading seeks protection from creditors, Singapore’s bunkering sector remains “robust”, says transport minister Khaw Boon Wan.
Privately-held Hin Leong’s subsidiary, Ocean Bunkering Services, is a leading bunkering service provider.
