Triyards receives another winding up order

Triyards receives another winding up order

Offshore shipbuilder Triyards, part of Singapore’s Ezra Holdings, has revealed that an application has been filed by Hong Leong Finance in the High Court of Singapore seeking to wind up the company.

A hearing has been set for October 12, and Triyards says it is taking advice on the matter.

Earlier in the week, Triyards revealed that DBS Bank had appointed Lim Loo Khoon of Deloitte & Touche as receiver of Strategic Marine (S) Pte Ltd, as well as a hull under construction at Saigon Offshore Fabrication and Engineering and the vessel Lewek Hercules registered under Lewek Hercules Pte Ltd.

Splash had learned of the move made by DBS two weeks ago, and when contacted the bank declined to comment. Triyards and Deloitte & Touch both failed to respond to enquiries made by Splash.

Last month, Triyards was served with a summons by MDL’s Ocean Energy Ventures seeking to wind up the company over a $2.1m claim. It was revealed that Triyards subsidiaries had almost $90m of claims stacked up against them.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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