After talks with creditors in August, the tanker owner was required to pay $72m to companies including Greece's Empire Chemical Tanker Holdings, Norway's Parbulk II and South Korea's Hanjin Shipping.

The three demanded payment of outstanding charter fees and damages for the early termination of period deals agreed by HIT subsidiary Humpuss Sea Transport (HST), whose bankruptcy application was approved by the Singapore high court in January.

HIT