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BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
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Court strikes out three writs against PDZ for alleged non-payment of bunkers

04 Oct 2017 13:58 GMT

Court also decides that MYR 5,000 should be awarded to the Malaysian firm.



Malaysia's PDZ Holdings Bhd (PDZ) said on Wednesday that the Kuala Lumpur High Court struck out three writs filed against it for the alleged non-payment of bunkers.

The court also decided on October 4 that costs of MYR 5,000 (US$1,180) should be awarded to the shipping firm.

PDZ was originally filed with the writs on its vessel PDZ Mewah by CCK Group's CCK Petroleum Sdn Bhd, CCK Capital Ltd and CCK Petroleum (Labuan) Ltd on February 6.

The writs were in relation to the alleged non-payment of marine fuel supplied to the cargo ship, which was previously owned by Perkapalan Dai Zhun Sdn Bhd (PDZSB) - a former wholly owned subsidiary of PDZ.

Ownership of the 1993-built PDZ Mewah and another vessel - the 1997-built PDZ Maju - was transferred to PDZ towards the end of last year, after which PDZ sold its shareholding in PDZSB to Salvage Point Ltd for just MYR 1,000 ($235) on December 30.

Commenting on the case when the writs were filed, solicitor Mohd Latip & Associates said in a letter dated February 7 that it was of the view that client PDZ had "a strong case to defend the writs", adding that "the expected losses, if any, will be minimal".

PDZ confirmed in February that the aforementioned three companies had made the following claims against the firm for the non-payment of bunkers:

- CCK Petroleum Sdn Bhd: MYR 51,890.61 (approximately $11,671).

- CCK Capital Ltd: $83,661.23, inclusive of $5,715.42 in interest.

- CCK Capital Ltd: MYR 156,761.65 (approximately $35,260), inclusive of MYR 7,250.52 in interest.

- CCK Petroleum (Labuan) Ltd: $128,571.49.

Another company, Dan-Bunkering (Singapore) Pte Ltd, arrested the PDZ Mewah in January and also claimed $484,119.00 plus additional interest of $108,689.74 for the alleged non-payment of bunker fuel supplied to the vessel.

Subsequently, on June 14, the Kuala Lumpur High Court approved PDZ's application to strike out the admiralty suit and its application to uplift and set aside a warrant of arrest against the PDZ Mewah.






Related Links:

PDZ says bunker claims of more than $850k will have 'minimal' impact
Dan-Bunkering arrests ship over supply of marine fuel: PDZ

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