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Malaysian High Court dismisses three writs against PDZ over unpaid bunker bills

The Kuala Lumpur High Court has ruled in favour of PDZ Holdings over writs filed by three creditors against the company over alleged non-payment of bunker fuel supplied to its vessel PDZ Mewah.

Lee Hong Liang, Asia Correspondent

October 5, 2017

1 Min Read
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The Malaysian High Court has dismissed three writs involving claims of $11,671.30 by CCK Petroleum, $118,920.26 by CCK Capital, and $128,571.49 by CCK Petroleum (Labuan) Limited.

“The company wishes to announce that the Kuala Lumpur High Court has on 4 October 2017: 1) struck-out the writs; and 2) cost of MYR5,000 ($1,200) was awarded,” PDZ announced to the stock exchange.

The three writs in admiralty in rem had led to the arrest of the 698-teu feeder vessel PDZ Mewah since January this year.

In February this year, PDZ had said the company has a “strong arguable case” to challenge the vessel arrest and setting aside of the claims.

But troubles for PDZ are not over as the company still faces claims of $592,808 allegedly owed to Dan-Bunkering (Singapore), also from the non-payment of bunkers supplied to the same vessel PDZ Mewah.

There was also another writ served in April by Continental Platform for the sum of $127,309, again for default payment of bunkers by PDZ Mewah. The Continental Platform’s writ led to a warrant of arrest on another PDZ vessel, the PDZ Maju.

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About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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