Oceantankers: Singapore giant oil trader Hin Leong, units fight for 'survival' as creditors come knocking

RUNNING out of luck with creditors and facing mounting distress, Singapore's giant oil trader Hin Leong Trading (HLT) - and its sister company Ocean Tankers - sought indulgence from 23 lenders on Friday as it applied for court protection from credit action to ensure its "survival".