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home / news releases / PTR - Singapore Tanker Parking - At-Risk Players


PTR - Singapore Tanker Parking - At-Risk Players

By now, everyone has heard of Hin Leong's bankruptcy filing in Singapore. However, we should remember that Hin Leong owns and operates Universal Terminal, one of the largest crude oil terminal and storage facilities in the world. And, that out to the massive number of tankers anchored in Singapore, many are waiting to offload at Universal Terminal.

The Three

Here we are talking about Hin Leong Ltd., Ocean Tankers Ltd., and Universal Terminal. Hin Leong Group also includes other entities such as lubricants, marine bunkering, and trucking, but we will not consider or comment on

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Stock Information

Company Name: PetroChina Company Limited
Stock Symbol: PTR
Market: NYSE
Website: petrochina.com.cn

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