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Geminor ESG report compares CO2 emissions from waste transportation across marine/land services

‘CO2 emissions do not tell the whole story. Hence, the report does not change Geminor’s goal to increase the amount of waste wood recycling in the future,’ states spokeswoman.

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Norway based resource management company Geminor on Thursday (28 October) released its first environmental, social and governance report focusing on the  insights of emissions from different forms of waste transport and a report mapping  the carbon dioxide (CO2) footprint from material recycling compared to the energy recovery.

In a strategic move towards developing more sustainable operations, Geminor is now releasing its first ESG report covering the year 2020. The report charts the current company emissions within operations, transport, waste-to-energy, and material recycling.

The purpose of the report is to improve company routines and obtain best practice with regard to sustainability, explains CEO at Geminor, Kjetil Vikingstad.

“In terms of sustainability, our goal is for Geminor operations to be fossil-free and to achieve net-zero direct emissions from our operations by 2030. To address our indirect emissions, we will use our purchasing power to set environmental requirements for the services acquired from our value chain,” says Vikingstad.

“Geminor is also creating tools allowing us to calculate the footprint of services provided and offer our customers the least carbon-intense solutions on the market.

“We consider it important to let all our stakeholders follow our progress in reaching our economic, social, and environmental goals.”

“This report gives us the opportunity not only to show how Geminor is operating but to point out and raise awareness about the challenges faced by the entire recycling industry,” he adds.

Shipping is best

The report shows that Geminor Group handled more than 1,7 million tonnes of waste feedstock in 2020. Approximately 91% went to energy recovery and 9% to material recycling. Only 0,15% went to landfill.

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A considerable part of waste management emissions comes from the transport of material for recycling or energy recovery. For Geminor, 76% of last year’s volumes were transported by trucks, 23% by ship, and one% by rail.

The choice of transportation with regards to CO2 emissions is a complex matter for the industry, explains report editor and Sustainability Manager at Geminor, Christina Telnes.

“The CO2 intensity is calculated by dividing transport emissions by the tonnage of waste transported. In our transport portfolio, shipping constitutes both the most and the least CO2 intensive means of transport. RoRo ferry transport has the highest CO2 intensity, while container transport is the least carbon-intense alternative,” says Telnes.

The report brings truck transport into a more favorable light.

“Road transport, which for long has had a bad reputation with regards to emissions per ton, turns out to have the same average CO2 intensity as bulk transport in our transport portfolio. The greener option, rail transport, is marginally beaten by container shipping,” explains Telnes.

“By actively choosing transport services with lower fossil carbon footprints and utilising our HUB network to optimise logistics we can reduce our emissions in the years to come.”

Energy recovery vs. material recycling

“The report also reveals that CO2 emissions from energy recovery of waste wood turn out very low compared to that of other fractions even material recovery of waste wood. This is because biomass is defined as having net-zero emissions,” she adds.

“Biogenic materials are part of the short-term carbon cycle and do not add to the planet’s existing carbon mass balance the way fossil carbon does. Burning waste wood is not emission-free, but in climate accounting it is set to zero compared to fossil CO2.”

As a consequence of the calculations made in the Geminor report presents material recycling as more CO2 intensive than energy recovery of waste wood.

According to Asplan Viak’s estimates which we have used for this report energy recovery is marginally better than recycling.

This is a good example of how looking at only one parameter is insufficient in determining the best solution. CO2 emissions from material recycling are higher because it involves more processing and use of chemicals. However, the emission factor does not consider the resources saved by avoiding the extraction of virgin wood.

“In other words, CO2 emissions do not tell the whole story. Hence, the report does not change Geminor’s goal to increase the amount of waste wood recycling in the future,” concludes Sustainability Manager at Geminor, Christina Telnes.

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Note: A copy of the full report can be found here.

 

Photo credit: Geminor
Published: 29 October, 2021

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Legal

Singapore withdraws remaining 127 charges against Hin Leong founder OK Lim

Lim Oon Kuin, also known as OK Lim, was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges on 17 July.

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RESIZED Sora Shimazaki on Pexels

Founder of collapsed oil trader Hin Leong Trading, Lim Oon Kuin, also known as OK Lim, has had the remaining 127 charges against him withdrawn, according to The Straits Times on Monday (20 July). 

OK Lim was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges, including those for cheating, on 17 July. The discharge means Lim cannot be prosecuted again for the same offences.

Lim, 84, is currently serving a 13½-year prison sentence after the High Court reduced his original 17½-year jail term in March 2026. He was convicted in 2024 on two cheating charges and one count of abetting forgery in a case prosecutors described as one of Singapore’s most serious trade finance frauds.

Lim was convicted in May 2024 of two charges of cheating the Hongkong and Shanghai Banking Corporation (HSBC) and one count of abetting forgery that proceeded to trial out of a total of 130 criminal charges.

He was first charged in court on 14 August 2020, and was subsequently handed further charges in court on 25 September 2020, 30 April 2021 and 24 June 2021 for his role in perpetuating fraud on various financial institutions. 

A total of 130 charges were eventually brought against him for cheating and forgery-related offences.

Related: Singapore: Hin Leong Founder OK Lim gets jail term slashed to 13.5 years

 

Photo credit: Sora Shimazaki
Published: 21 July, 2026

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Winding up

Singapore: Coastal Logistics Pte Ltd to be wound up voluntarily

Coastal Logistics was reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

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RESIZED Drew Beamer

Several resolutions for Coastal Logistics Pte Ltd were made during an extraordinary general meeting held on 14 July, according to a notice in the Government Gazette on Friday (4 July).

The following resolutions were duly passed during the meeting:

As Special Resolution

  • That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018);

As Ordinary Resolutions

  • that Mr. Wong Pheng Cheong Martin and Ms. Koay May Yee, both care of FTI Consulting (Singapore) Pte Ltd, One Raffles Quay, #27-10 South Tower, Singapore 048583 be appointed as the joint and several Liquidators of the Company for the purpose of such winding up; and
  • that the Liquidators be at liberty to open, maintain and operate any bank account(s) or account(s) for monies received by them as Liquidators with such bank(s) as they deem fit; and
  • that a Committee of Inspection will not be formed.

Manifold Times previously reported Nicholas James Gronow, director of Heng Tong Fuels & Shipping and Coastal Logistics, filed statutory declarations for both companies stating the firms cannot continue their businesses due to liabilities.

Both companies were reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd. 

In 2019, several vessels owned by both firms entered the sale & purchase (S&P) market in Singapore.

Related: Singapore: Director declares Heng Tong Fuels & Shipping’s inability to continue business
Related: Heng Tong Fuels & Shipping in court over DBS Bank bunker tanker loan
Related: Singapore: Bunker tanker “Coastal Neptune” arrested
Related: Heng Tong Fuels & Shipping, Coastal Logistics tankers enter S&P market

 

Photo credit: Drew Beamer
Published: 21 July, 2026

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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