Events

Singapore-based Wilhemsen Ship Management to manage Avenir LNG bunker trio

London-headquartered Avenir LNG has announced that Wilhemsen will manage three bunker vessels – “Avenir Achievement”, “Avenir Ascension” and “Avenir Aspiration”.

Published

3 years ago

September 14, 2023

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London-headquartered global energy supplier for small-scale LNG and gas carrier owner Avenir LNG Limited (Avenir) on Thursday (14 September) said it has awarded the management of three LNG bunker vessels to Singapore-based Wilhelmsen Ship Management (Wilhelmsen).

The vessels awarded are Avenir Achievement, Avenir Ascension and Avenir Aspiration.

“We are thrilled to embark on this journey with our new client, Avenir and we look forward to managing these state-of-the-art LNG bunker tankers, which hold a pivotal role in the industry’s ongoing energy transition. We are excited about the opportunities this collaboration will bring and the value it will deliver to both parties,” said Carl Schou, CEO and President of Wilhelmsen Ship Management.

Avenir is a new customer to Wilhelmsen. The three vessels were previously managed by Hoegh LNG, one of three blue-chip shareholders in Avenir LNG alongside Stolt Nielsen Ltd and Golar LNG.

“Hoegh LNG have contributed enormously to the success of Avenir LNG since the company was established in 2018, paving a solid foundation for the future. We applaud all their hard work and Hoegh LNG will continue to be key part of our growth trajectory as a key shareholder,” said Avenir LNG CEO Peter Mackey.

“The award to Wilhelmsen, one of the world’s top ship managers with global reach, represents a new milestone on our journey and we have full confidence in the added value they can deliver,

With a new strategic vision and robust asset base, he adds that Avenir is well-placed to weather what can often be a volatile market.”

The Oslo-stock listed company currently has a total fleet of 5 tankers in the water. The latest vessel to join the fleet was the 20,000-cbm Avenir Achievement in May last year. It also owns a small-scale LNG terminal in Sardinia, with assets/partnership now operating in China, Malaysia, the Mediterranean, Baltic Sea and the Caribbean.

Photo credit: Avenir LNG
Published: 14 September, 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.

Published

18 hours ago

July 21, 2026

Admin

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.

Photo credit: Sora Shimazaki
Published: 21 July, 2026

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.

Published

18 hours ago

July 21, 2026

Admin

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

LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.

Published

18 hours ago

July 21, 2026

Admin

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026