Bank of America NA, Singapore Branch v Owner of the Vessel "Ocean Goby"; Bank of America NA, Singapore Branch v Owner of the Vessel "Ocean Jack" [2025] SGHC 183 - High Court of Singapore (Justice Kwek Mean Luck) - 15 September 2025

Admiralty - Priority of allocation of in rem proceeds - Applicant wrongly commencing in personam subrogation proceedings before commencing in rem proceedings - Whether third-party claims should be stayed - Case management

Bank of America (BoA) entered into a Facility Agreement with Da Hui and An Rong - both members of the Ocean Tankers group - as joint and several borrowers, the loan being secured by mortgages on the vessels owned by the borrowers. The vessels included Sea Equatorial (owned by Da Hui) and Ocean Goby and Ocean Jack (owned by An Rong).