Officials at the Sheriff of Singapore’s office confirm no acceptable bids were received via a sealed-bid auction last Wednesday.
New offers will be accepted until 3pm on 1 April.
The Malaysian-flag ship, owned by Kekuatan Perkasa Jaya Sdn Bhd but operated by Oceanlink of Singapore, was one of six Singapore-based bunker tankers arrested by Phillips 66 International Trading — the Singapore arm of US-based energy trader Phillips 66 — after OW Bunker’s collapse last November.
