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Civil society groups: ‘UN climate deal for shipping will fail without ambitious 2030 goal’

‘Ambitious targets for 2030 and 2040 are vital for determining future IMO climate policy measures that will be key to deliver shipping’s transition to zero emissions, such as action on short-term pollutants,’ says groups.

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The International Maritime Organization’s (IMO) agreement on shipping climate targets expected next month could be the starting gun for the radical climate action our planet desperately needs, says civil society groups on Monday (19 June). 

The groups called on the IMO member states to urgently support halving climate pollution from ships by 2030 and reaching zero-emission by 2040, at the Intersessional Working Group on Greenhouse Gases (ISWG-GHG-15) next week. 

“Given the disproportionate impacts of climate change felt in vulnerable and developing states already today, the IMO must also guarantee that this transition is just and equitable,” they said in a joint statement. 

The groups also said while a majority of governments have previously agreed to revise the IMO’s existing climate target to absolute zero-emissions by 2050, bringing the industry closer than ever before to the Paris Agreement, a mid-century ambition is not enough to decarbonise shipping within Paris’ 1.5°C temperature limit.

“The world’s leading climate scientists have repeatedly warned that steep and immediate reduction in emissions across industries is the only way to avert the global temperature rise beyond 1.5°C, and it is the only way humanity can secure a livable future,” they said. 

“Ambitious targets for 2030 and 2040 are vital for determining future IMO climate policy measures that will be key to deliver shipping’s transition to zero emissions, such as action on short-term pollutants (methane and black carbon), mandatory slow-steaming, a carbon levy of at least USD 100/tonne of greenhouse gas and a fuel greenhouse gas standard.”

John Maggs, Clean Shipping Coalition, said: “We have everything we need to steer international shipping and the world to a safer, fairer future. The science is unequivocal and the steps we need to take are clear, and it all starts at the IMO this month, when the world must, for the first time, unequivocally set the industry on a path that will keep it within the Paris Agreement 1.5°C temperature limit, including halving its emissions by 2030.”

Lucy Gilliam, Seas At Risk, said: “We are facing climate disaster after climate disaster around the world. Forests are burning, oceans are overheating and crops are failing. It’s clear governments urgently need to cut emissions now. By setting strong climate targets for 2030 and 2040 at the IMO, shipping can play its part in limiting the climate crisis and unlock incredible economic opportunities and much needed climate finance. We can do this!”

Faig Abbasov, Transport & Environment, said: “The luxury boat of zero-by-2050 has long sailed. We only have one lifeboat left, and that is deep emissions cuts this decade and pretty much full decarbonisation by 2040. There is no other way. That’s why the EU and IMO must adopt the SBTi compatible decarbonisation pathway for shipping; that means at least 36% emissions cuts by 2030 and at least 96% by 2040.”

Delaine McCullough, Ocean Conservancy, said: “This is the last moment for the IMO to act decisively to eliminate shipping emissions as the pace of climate change and its catastrophic impacts continues to accelerate. Countries can also advance a clean shipping transition at home, such as what the United States is doing with legislation on the table that would curb shipping emissions and reduce air pollution. We need countries to demand that the IMO set strong emission reduction goals of 50% by 2030 and 100% by 2040 and to take action at home, if the IMO fails to do the right thing.” 

Jim Gamble, Pacific Environment, said: “In the Arctic, the signs of climate change are everywhere. Sea ice and permafrost are melting, and communities are falling into the sea – threatening the health and safety of both people and wildlife. It’s past time for the shipping industry to clean up and decarbonize to align with the 1.5°C transition and move to zero-emission shipping no later than 2040. The shipping industry could move now on measures like improving the energy and operational efficiency of vessels, slow-steaming, electrification, and wind-assisted propulsion.”

Daniele Rao, Carbon Market Watch, said: “IMO member states must support concrete and ambitious emissions reduction targets for 2030 and 2040 to align the shipping sector with the Paris Agreement. Setting these targets is critical for future strong IMO climate measures, such as a carbon levy of at least USD 100, that will help the sector to reduce greenhouse gas emissions while supporting the most vulnerable countries in a just and equitable way”.

 

Photo credit: International Maritime Organization
Published: 20 June, 2023

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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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