{"id":119291,"date":"2020-04-10T18:20:10","date_gmt":"2020-04-10T10:20:10","guid":{"rendered":"https:\/\/splash247.com\/?p=119291"},"modified":"2020-04-10T18:20:10","modified_gmt":"2020-04-10T10:20:10","slug":"hin-leong-trading-finances-questioned","status":"publish","type":"post","link":"https:\/\/splash247.com\/hin-leong-trading-finances-questioned\/","title":{"rendered":"Hin Leong Trading finances questioned"},"content":{"rendered":"<p>The Singapore bunkering community is abuzz with speculation that one of the republic\u2019s biggest names has hit severe financial difficulties.<\/p>\n<p><em>Bloomberg<\/em> is reporting that a number of lenders have stopped issuing new letters of credit to Hin Leong Trading, a privately held company founded in 1963 by one of Singapore\u2019s richest men, Lim Oon Kuin. The financial newswire said Hin Leong had been hit hard by the dramatic drop in oil prices seen this year.<\/p>\n<p>Lim\u2019s diverse assets include 130 vessels, with businesses across oil trading, terminal and storage, bunker supply and lubricants manufacturing. Lim\u2019s shipping arm is called Ocean Tankers. One of Hin Leong\u2019s subsdiaries was the largest bunker supplier in Singapore in 2018 and ranked third in the local bunker rankings last year.<\/p>\n<p>Hin Leong Trading officials have yet to reply to questions sent by <em>Splash<\/em> earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Singapore bunkering community is abuzz with speculation that one of the republic\u2019s biggest names has hit severe financial difficulties. Bloomberg is reporting that a number of lenders have stopped issuing new letters of credit to Hin Leong Trading, a privately held company founded in 1963 by one of Singapore\u2019s richest men, Lim Oon Kuin. &hellip;<\/p>\n","protected":false},"author":3,"featured_media":119292,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ml_titleColor":"#000000","_ml_titleFont":"Roboto","_ml_titleFontSize":1.136,"_ml_titleFontWeight":"400","_ml_titleLineHeight":1.3,"_ml_metaColor":"#708090","_ml_metaFont":"Montserrat","_ml_metaFontSize":0.6785,"_ml_metaFontWeight":"400","_ml_metaLineHeight":0.92,"_ml_bodyColor":"#a9a9a9","_ml_bodyFont":"Open Sans","_ml_bodyFontSize":0.85,"_ml_bodyFontWeight":"400","_ml_bodyLineHeight":1.2,"_ml_wooPriceColor":"#666","_ml_wooPriceFont":"Open Sans","_ml_wooPriceFontSize":0.9,"_ml_wooPriceFontWeight":"400","_ml_wooPriceLineHeight":1.27,"_ml_headingColor":"#000","_ml_headingFont":"Merriweather","_ml_headingFontSize":2.02,"_ml_headingFontWeight":"700","_ml_headingLineHeight":1.47,"_mlglobal_userfontcolors":{"headingColorUser":[],"titleColorUser":[],"metaColorUser":[],"bodyColorUser":[],"wooPriceColorUser":[]},"_uag_custom_page_level_css":"","footnotes":""},"categories":[80,66,58],"tags":[149],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hin Leong Trading finances questioned - Splash247<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/splash247.com\/hin-leong-trading-finances-questioned\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hin Leong Trading finances questioned - Splash247\" \/>\n<meta property=\"og:description\" content=\"The Singapore bunkering community is abuzz with speculation that one of the republic\u2019s biggest names has hit severe financial difficulties. Bloomberg is reporting that a number of lenders have stopped issuing new letters of credit to Hin Leong Trading, a privately held company founded in 1963 by one of Singapore\u2019s richest men, Lim Oon Kuin. &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/splash247.com\/hin-leong-trading-finances-questioned\/\" \/>\n<meta property=\"og:site_name\" content=\"Splash247\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/Splash247\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-10T10:20:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/splash247.com\/wp-content\/uploads\/2020\/04\/Hin-Leong-bunkering-e1611905509103.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"693\" \/>\n\t<meta property=\"og:image:height\" content=\"412\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sam Chambers\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@http:\/\/www.twitter.com\/SamChambers\" \/>\n<meta name=\"twitter:site\" content=\"@splash_247\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sam Chambers\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/splash247.com\/hin-leong-trading-finances-questioned\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/splash247.com\/hin-leong-trading-finances-questioned\/\"},\"author\":{\"name\":\"Sam Chambers\",\"@id\":\"https:\/\/splash247.com\/#\/schema\/person\/162629ecfe26c4ed792bf3b78fabb6f8\"},\"headline\":\"Hin Leong Trading finances questioned\",\"datePublished\":\"2020-04-10T10:20:10+00:00\",\"dateModified\":\"2020-04-10T10:20:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/splash247.com\/hin-leong-trading-finances-questioned\/\"},\"wordCount\":146,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/splash247.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/splash247.com\/hin-leong-trading-finances-questioned\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/splash247.com\/wp-content\/uploads\/2020\/04\/Hin-Leong-bunkering-e1611905509103.jpg\",\"keywords\":[\"Singapore\"],\"articleSection\":[\"Asia\",\"Bunkering\",\"Tankers\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/splash247.com\/hin-leong-trading-finances-questioned\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/splash247.com\/hin-leong-trading-finances-questioned\/\",\"url\":\"https:\/\/splash247.com\/hin-leong-trading-finances-questioned\/\",\"name\":\"Hin Leong Trading finances questioned - 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