Sign up
Log in Sign up
This is a legacy page. Please click here to view the latest version.
Wed 25 Jan 2017, 13:43 GMT

Dan-Bunkering arrests ship over supply of marine fuel: PDZ


Malaysia's PDZ served with writ and warrant of arrest.

Malaysia's PDZ Holdings Bhd - the owner of Perkapalan Dai Zhun Sdn Bhd, which operates as PDZ Lines - confirmed on Wednesday that its container vessel, the PDZ Mewah, has been arrested by Dan-Bunkering (Singapore) Pte Ltd over the supply of marine fuel.

PDZ said it was served with a writ and a warrant of arrest on the PDZ Mewah on 24th January.

"The board is currently seeking legal advice and intends to take steps to defend the arrest of [the] vessel and any claims that may subsequently be filed," Bursa Malaysia-listed PDZ stated.

PDZ said the arrest is not expected to have material impact on the group's financial position and its subsidiaries for the current financial year ending 31st December 2017.

Built in 1993, the Malaysia-flagged PDZ Mewah has a deadweight tonnage (dwt) of 12,577 tons and a gross tonnage (grt) of 9,602 tons.

At the time of writing, shares in PDZ were trading at MYR 0.07, down 1 Malaysian sen on the previous day's closing price. The company has a market capitalization of MYR 60.852 million (USD 13.73 million) and a 52-week trading range of MYR 0.06 - MYR 0.14.

Container ship   Dan-Bunkering   Malaysia  Singapore 
Bow of the Explora V vessel. Fincantieri launches bow section of LNG-powered Explora V at Palermo yard  

Fifth ship in Explora Journeys’ six-vessel series is scheduled to enter service in 2027.
Steel cutting ceremony of vessel with builder's hull no. H5187. Wah Kwong marks steel-cutting for third dual-fuel LNG carrier at Dalian Shipyard  

Hong Kong shipowner’s 175,000 cbm newbuild is scheduled for delivery as fleet expansion continues.
Yu Neng Jiao Long vessel. Cosco Shipping takes delivery of 64,900-dwt Panamax crude tanker  

Yu Neng Jiao Long features dual-fuel capability and meets IMO Tier III emission standards.
Fuel for Thought: LNG report. LNG fleet reaches 1,665 vessels as methane slip technology advances  

Lloyd’s Register report highlights economic viability and emissions reduction progress for marine fuel.
Aerial view of Piraeus Harbour in Greece. Bureau Veritas seeks emissions compliance verifier in Piraeus  

Classification society advertises for specialist to verify shipping emissions data under IMO and EU regulations.
We are hiring graphic message with a handshake gesture. Trafigura seeks financial controller for shipping and bunkering operations in Athens  

Role involves accounting and controlling activities for shipping and bunkering entities, reporting to regional controller.
Mercedes Pinto vessel. Baleària's third dual-fuel fast ferry Mercedes Pinto hits 38 knots on sea trials  

The 123-metre vessel is destined for the Canary Islands and can run on biomethane.
TFG Marine and DBS USD 300 million working capital facility graphic. TFG Marine secures $300m DBS facility backed by electronic bunker delivery notices  

Marine fuel supplier’s working capital facility leverages digital documentation to enhance transparency and efficiency.
Two vessels at sea. Abrasive reality: How elevated cat fines can damage marine engines | VPS  

A guide on how to manage cat fine levels and avoid engine damage.
EU share of world fleet graphic. European shipowners control 34.5% of global fleet but lag on sustainable fuel production  

New study highlights Europe’s shipping dominance while warning of Asia’s lead in alternative fuel development.

↑  Back to Top


 Recommended