Welcome!
Lim Oon Kuin
Oil & Gas
Hin Leong collapse tarnishes Singapore’s oil trading haven reputation
That hard-earned reputation is now taking a hit after a spate of financial scandals and failures, culminating in the dramatic demise of Hin Leong Trading.
April 28, 2020
Oil & Gas
The tide turns for Hin Leong
The distressed Singapore oil trader has admitted to US$800 mil of undisclosed losses. Is its collapse a sign of deeper problems within the industry facing falling demand and cheap supply?
April 24, 2020
Zest
DBS, OCBC, UOB likely to record impairments owing to Hin Leong Trading bankruptcy: Phillip Securities
SINGAPORE (April 22): The bankruptcy filing by Hin Leong Trading (HLT), a major oil trading firm in Singapore, is set to hit the three local banks, according to Phillip Securities.
April 22, 2020
Oil & Gas
MPA awards two new bunkering licenses to fill void left by Hin Leong
Maritime Port Authority invited bids for new bunker suppliers in December last year.Two new suppliers have received their licenses
April 20, 2020