You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser. Subscribe Get Daily Email Subscribe --> Contact Us Sign in Home News & Features Compliance Costs Bunker Prices Bunker Intelligence Asia/Pacific News Latest Features World Americas EMEA Asia/Pacific Home News & Features Asia / Pacific Heng Tong Fuels & Shipping Enters Voluntary Liquidation in Singapore Heng Tong Fuels & Shipping Enters Voluntary Liquidation in Singapore by Ship & Bunker News Team Monday June 29, 2026 Tweet Follow @shipandbunker Heng Tong Fuels & Shipping is a bunker tanker operator in Singapore. File Image / Pixabay Singapore ’s bunker tanker firm Heng Tong Fuels & Shipping Pte has entered members' voluntary liquidation after its sole shareholder approved a resolution to wind up the company. The decision was disclosed in a notice published in Singapore's Government Gazette on Friday , which said the written resolutions were approved on June 19 under the Insolvency, Restructuring and Dissolution Act 2018. The resolutions appoint Wong Pheng Cheong Martin and Koay May Yee of FTI Consulting  as joint and several liquidators to oversee the winding-up process. They are authorised to exercise the statutory powers available under the Act and distribute any remaining assets after all debts and liabilities have been settled. The notice also states that the liquidators will be indemnified by the company against costs, charges, losses, expenses and liabilities incurred in carrying out their duties. The filing, signed by director Mah Beng Weng , confirms that the company has commenced a members' voluntary liquidation, a process initiated by shareholders rather than creditors. The company is an authorised bunkering service provider to ship brokers in Singapore, with a fleet of seven ships, according to the firm’s LinkedIn page. Ship & Bunker News Team To contact the editor responsible for this story email us at [em