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Bohai Ferry achieves 12% bunker fuel with fuel propulsion automation system

FuelOpt™ achieves fuel savings by controlling vessel propulsion and this removes costly variations in speed and power caused by human operational factors, said Lean Marine.

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Chinese RoPax operator Bohai Ferry and Norway’s Color Line have on Thursday (10 September) confirmed that fuel savings achieved through the use of Lean Marine’s FuelOpt™ propulsion automation system have exceeded their respective expectations.

As one of the more public-facing sectors of the industry, pressure to reduce the environmental impact of passenger shipping is mounting from both increasingly environmentally conscious customers and international regulations to reduce greenhouse gas (GHG) emissions from shipping, it said. 

In the past few years, Lean Marine said it has observed increased demand for FuelOpt™ from the RoPax sector: by September 2020, FuelOpt™ had been contracted for over 25 RoPax vessels.

Companies including Stena Line, Color Line, Bohai Ferry and Viking Line have invested in the technology due to the tangible fuel savings and CO2 emission reductions that the technology delivers, it said. 

In 2019, Chinese RoPax operator Bohai Ferry installed FuelOpt™ on the vessel Bohai Baozhu to improve the operational efficiency of their fleet. 

From that first installation of FuelOpt™ onboard Bohai Baozhu in 2019, Bohai Ferry has confirmed in excess of 12% average fuel savings achieved over a period of more than one year.

“The FuelOpt™ system is always in satisfactory condition. We are convinced that Lean Marine is a trustworthy and cooperative partner, and its products should be worth using in more companies,” noted a Bohai Ferry representative.

In 2020, FuelOpt™ was installed on the two largest RoPax vessels in the world: Color Line’s Color Fantasy and Color Magic. Following full summer operations, Color Line had the lowest weekly consumption ever on Color Magic.

“We are very happy with our collaboration with Lean Marine. FuelOpt™ is now installed on board Color Fantasy and Color Magic, the two largest RoPax vessels in the world,” said Karl Wisløff, Superintendent at Color Line. 

FuelOpt™ achieves real-time fuel savings by controlling vessel propulsion and making sure that propulsive power is optimized automatically based on the set commands on power, speed, fuel consumption or a combination thereof, explained Lean Marine. 

This removes costly variations in speed and power caused by human operational factors, allowing the vessel to achieve optimal fuel consumption at every given point throughout a voyage.

For vessels with controllable pitch propellers, FuelOpt™ acts as a dynamic tuning system for the propulsion machinery to assure that the engine and propeller operate at optimal conditions.

In addition to FuelOpt™, Lean Marine added it also offers the smart performance management and reporting software Fleet Analytics™ which turns vessel data into knowledge, empowering organizations to be ‘lean’ and take fact-based decisions for more efficient vessel operations. 

Having a better understanding of a fleet’s performance enables ship owners and operators to learn from previous voyages and improve the next, hence reducing operating costs and emissions. The use of Fleet Analytics™ can unlock additional indirect fuel savings and emission reductions of up to 10%, it said. 

With FuelOpt™ in operation, up to 15% direct fuel savings and emission reductions are possible depending on the type of propulsion, trade and existing system settings for the vessel, added Lean Marine. 

The company notes that the fuel savings reported by Color Line and Bohai Ferry vessels confirm this and welcomes the opportunity for its technology to reduce the fuel consumption and emissions across the global shipping fleet.


Photo credit: Lean Marine
Published: 14 September, 2020

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Winding up

Singapore: Xihe Holdings subsidiaries to be wound up voluntarily, creditors to submit claims

Creditors of Da Zhong Tankers and Xin Ying Shipping are required on or before 17 July 2026 to send in their names and addresses and particulars of their debts or claims to appointed liquidators, says notice.

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Xihe Holdings Pte Ltd subsidiaries Da Zhong Tankers Pte Ltd and Xin Ying Shipping Pte Ltd will voluntarily wind up following resolutions that were passed by written means, according to a Government Gazette notice published on Thursday (18 June).

The resolutions set out below were duly passed:

  • SPECIAL RESOLUTION – WINDING-UP

That the Company be wound up voluntarily pursuant to section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.

  • ORDINARY RESOLUTION – APPOINTMENT OF LIQUIDATORS

That Paresh Tribhovan Jotangia and Ho May Kee of Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960 be and are hereby appointed as joint and several liquidators to conduct the said winding-up and that their remuneration be fixed on the usual scale of their professional charges for the work involved.

  • SPECIAL RESOLUTION – POWERS OF LIQUIDATORS

That the liquidators of the Company be authorised to exercise any of their powers given by section 177, 144 (1) and (2) of the Insolvency, Restructuring and Dissolution Act 2018 and to distribute to members, in specie, any part of the assets of the Company.

In another notice, the liquidator of the company said creditors are required on or before 17 July 2026 to send in their names and addresses with particulars of their solicitors (if any) to liquidator Paresh Tribhovan Jotangia at Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960. 

The liquidator may require creditors or their solicitors to “come in and prove their said debts or claims at such time and place as shall be specified in such notice or in default thereof, they will be excluded from the benefit of any distribution made before such debts are proved.”

Related: Singapore: Additional Xihe Holdings subsidiaries to be placed under judicial management

 

Photo credit: steve pb from Pixabay
Published: 19 June, 2026

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Winding up

Singapore: Liquidator of Parakou Shipping issues notice of dividend

Second and final dividend to admitted creditors of Parakou Shipping is payable by 14 July, according to Government Gazette notice.

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A notice of dividend for Parakou Shipping Pte Ltd, which is currently in voluntary liquidation, was published on the Government Gazette on Thursday (18 June). 

The following are the details of the notice:

Name of Company : Parakou Shipping Pte Ltd (In Creditors’ Voluntary Liquidation)
Address of Registered Office : c/o KordaMentha, 50 Raffles Place, 25-01 Singapore Land Tower, Singapore 048623
Amount per centum : 0.55 per centum of admitted claims (in accordance with the Order of Court HC/ORC 4175/2024)
First and Final or otherwise : Second and Final Dividend to admitted creditors (in accordance with the Order of Court HC/ORC 4175/2024)
When payable : By 14 July 2026
Where payable : c/o KordaMentha Pte Ltd, 50 Raffles Place, #25-01 Singapore Land Tower, Singapore 048623

Related: Singapore: Notice of intended dividend issued for Parakou Shipping Pte Ltd

 

Photo credit: Benjamin Child
Published: 19 June, 2026

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Alternative Fuels

MOL inks bio-LNG bunker fuel supply deals with Titan and Axpo for car carriers in Europe

Titan, part of Amsterdam-based Molgas, will continue to supply bio-LNG fuel in Northwest Europe, while Axpo will take charge of supply in the Mediterranean region.

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MOL inks bio-LNG bunker fuel supply deals with Titan and Axpo for car carriers in Europe

Mitsui OSK Lines (MOL) on Thursday (18 July) said it has signed new supply agreements in Northern Europe and the Mediterranean region to expand the use of bio-LNG marine fuel on MOL-operated LNG-fuelled car carriers.

Titan, part of Amsterdam-based Molgas, will continue to supply bio-LNG fuel in Northwest Europe, while Axpo will take charge of supply in the Mediterranean region.

MOL said the agreement makes it possible for its company to supply bio-LNG fuel for automobile carriers in the Mediterranean region, specifically Port of Malaga and Barcelona in Spain, following the bio-LNG fuel supply agreement in Western Europe, which commenced in March last year.

The bio-LNG fuel to be supplied in this initiative has a lifecycle carbon intensity (carbon dioxide emissions per unit of energy consumption) of -15 g-CO2/MJ or less, from production through consumption. Furthermore, this bio-LNG fuel has obtained International Sustainability and Carbon Certification (ISCC-EU). 

“Through this supply agreement, MOL has established a framework that ensures a continuous and stable supply of bio-LNG fuel not only in Northern Europe but also in the Mediterranean,” the company said.

As part of the group’s efforts to adopt alternative fuels and achieve net-zero greenhouse gas (GHG) emissions, it is utilising LNG-fuelled vessels as a bridge solution to facilitate the transition to carbon-neutral fuels such as bio-LNG and synthetic LNG (e-methane).

In 2025, MOL signed a bio LNG fuel supply agreement in Northwest Europe with Titan, part of the Molgas, and MOL has continued this bio LNG fuel supply agreement with the same company in 2026 as well.

 

Photo credit: Mitsui OSK Lines
Published: 19 June, 2026

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