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Kim Heng's Vessel Gets Released After Bunker Payment Settlement

MT Newswires09-03

Kim Heng (SGX:5G2) said its vessel Kim Heng 3203 was released on Aug. 28 after an outstanding bunker payment of $70,889 was fully settled using the group's internal resources.

The vessel had been arrested in connection with the disputed payment and has since resumed normal operations without restrictions, according to a Wednesday Singapore Exchange filing.

The company said the payment and vessel arrest had no material impact on its operations.

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