Media: Ocean Tankers has asked to be placed under judicial management

Ocean Tankers, which is affiliated with crisis-stricken oil group Hin Leong Trading, has asked to be placed under judicial management, sources tell Reuters. On Tuesday a court will process an application from the tanker operator.

Photo: Edgar Su/Reuters/Ritzau Scanpix

Hin Leong's tanker ship operator Ocean Tankers has applied to be placed under judicial management, sources familiar with the case tell Reuters.

The Singapore Supreme Court will on Tuesday hold a hearing about an application from Ocean Tankers, according to a notice on the court's website.

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