After being hit with several winding up applications by companies for months, the High Court of Singapore issued a winding up order to Delta Corp Shipping and appointed a liquidator.
After being hit with several winding up applications by companies for months, the High Court of Singapore issued a winding up order to Delta Corp Shipping Pte Ltd on 29 August, according to a Thursday (11 July) notice on the Government Gazette.
Delta Corp Shipping Pte Ltd is reportedly the Singapore arm of bulker operator and logistics group Delta Corp Holdings.
The winding up application was filed by Marshall Islands-registered Lym Holdings Ltd on 5 June.
The court also appointed a liquidator to wind up the Singapore company, who is Mr Farooq Ahmad Mann care of Mann & Associates PAC, located at 3 Shenton Way #03-06C, Shenton House, Singapore 068805.
“All creditors of the company should file their proof of debt with the Liquidator who will be administering all affairs of the company,” the notice stated, indicating more claims may trickle in against the Singapore unit.
Several other companies also filed for the winding up of Delta Corp Shipping including Japan’s NYK Bulk & Projects Carriers Ltd, Arte Bunkering Pte Ltd and Raiser International Shipping Co Limited.
Arte Bunkering Pte Ltd is the Singapore branch of Tallinn-based bunker and marine lube trading company Arte Bunkering OÜ, which was set up in 2020.
In November 2024, Shipping Watch reported Lym Holdings claiming that Delta Corp Shipping ran from a time charter contract after chartering a ship. Delta Corp declined to comment at the time.
Another article in October 2024 reported that NYK Bulk & Projects Carriers, an affiliate of NYK Group, secured court orders to seize assets of Delta Corp Shipping over allegations that it breached a charter contract.
Related: Singapore: Winding-up applications against Delta Corp Shipping pile up
Related: Singapore: Delta Corp Shipping gets hit with another winding up application
Related: Singapore: Arte Bunkering Pte Ltd files for winding up application of Delta Corp Shipping
