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Decarbonisation

Malaysia-listed PSP Energy joins Shell carbon offset programme

Commercial fuel, bunkering and lubricants solutions provider PSP Energy formalised its participation in the Shell Carbon Compensation Programme (CCP) 2026.

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Malaysia-listed PSP Energy joins Shell carbon offset programme

Malaysia-listed PSP Energy Berhad (PSP Energy), an established provider of commercial fuel, bunkering and lubricants solutions, on Wednesday (8 April) formalised its participation in the Shell Carbon Compensation Programme (CCP) 2026 at a signing ceremony. 

The collaboration underscores PSP Energy’s commitment to supporting more sustainable operating practices by addressing unavoidable carbon emissions associated with fuel usage in its business operations. 

Through Shell Commercial Fuels’ Carbon Compensation Programme, participating customers may opt to compensate the lifecycle carbon emissions associated with their fuel consumption, with Shell calculating the emissions and purchasing and retiring carbon credits from its global portfolio of nature-based projects. Shell also issues a retirement certificate as proof of compensation.

For PSP Energy, the signing reflects a practical step in aligning operational needs with broader environmental responsibility, particularly in sectors where diesel remains commercially necessary and difficult to fully replace in the near term.

PSP Energy noted that the collaboration is in line with its ongoing efforts to integrate sustainability considerations into its business.

This follows the company’s earlier participation in Shell’s programme, under which PSP Energy received a carbon credits retirement certificate in January 2024 confirming that 729 carbon credits had been retired by Shell against their global portfolio of carbon compensation projects to compensate for emissions associated with Shell products purchased by PSP Energy in 2023.

Mr. Ong Chee Seng, Group Managing Director of PSP Energy Berhad, stated that the signing represents a significant milestone in the Company’s ongoing sustainability journey. 

As an organisation operating within essential fuel and marine-related sectors, PSP Energy acknowledges that decarbonisation is a gradual process requiring practical and scalable solutions. Participation in Shell’s Carbon Compensation Programme enables the company to take a measured and responsible approach in addressing unavoidable emissions, while maintaining operational efficiency and continuing to meet customer needs.

PSP Energy viewed such collaborations as increasingly pertinent amid growing demand across transportation, marine, industrial, logistics, construction and mining sectors for viable decarbonisation pathways that do not disrupt operational continuity. 

“Through strategic partnerships with established industry players and participation in credible carbon compensation frameworks, PSP Energy aims to support the development of a more sustainable and resilient energy value chain,” it added.

 

Photo credit: PSP Energy Berhad
Published: 10 April, 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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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.

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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

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Nuclear

ABS awards AiP to Korean institute for SMR-powered container ship concept design

KRISO says AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

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ABS awards AiP to Korean institute for SMR-powered container ship concept design

Korea Research Institute of Ships & Ocean Engineering (KRISO) on Thursday (16 July) received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its concept design of a 15,000 TEU Small Modular Reactor (SMR)-powered container ship utilising Molten Salt Reactor (MSR) technology.

KRISO said the AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

“This achievement demonstrates international recognition of KRISO’s technological capabilities in the rapidly evolving field of nuclear-powered shipping, supporting the transition toward low-carbon maritime transport,” it said. 

Building on this milestone, KRISO will continue advancing basic and detailed ship design, paving the way for future demonstration and commercialisation of SMR-powered vessels. 

Through continued R&D and international collaboration, KRISO remains committed to strengthening next-generation maritime technologies and contributing to the safe deployment of nuclear propulsion in the maritime industry.

 

Photo credit: Korea Research Institute of Ships & Ocean Engineering
Published: 21 July, 2026

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