Business

Bulker “TR Lady”installed with Anemoi Rotor Sails, expected to bring 10% of bunker fuel savings

Installation was completed in Chengxi Shipyard, China, in June and the vessel completed its first voyage with the Rotor Sails from China to Australia with ‘positive initial performance results’.

Published

3 years ago

August 18, 2023

Admin

Wind-propulsion provider provider Anemoi Marine Technologies on Thursday (17 August) said the installation of its rotor sails system on TR Lady, an 82,000 dwt Kamsarmax bulk carrier, was completed in Chengxi Shipyard, China, in June 2023.

TR Lady is owned by TR Lady Shipping Ltd, a portfolio company of Tufton Investment Management Ltd (Tufton) and is on a time charter with Cargill.

The vessel was retrofitted with three 5×24m Rotor Sails by Anemoi. The technology was installed on Anemoi’s unique and patented transverse rail deployment system.

The system will enable the sails, which are fixed to the centre line during voyages, to be moved port or starboard when berthed for cargo operations, meaning loading and unloading can continue without being obstructed. Class approvals have been awarded by Lloyd’s Register.

Rotor Sails, also known as ‘Flettner Rotors’, are vertical cylinders which, when driven to rotate, harness the renewable power of the wind to provide additional forward thrust. These highly efficient mechanical sails capitalise on the aerodynamic phenomenon known as the Magnus Effect and will deliver significant fuel and emission savings to TR Lady.

The vessel has now completed its first voyage with the Rotor Sails from China to Australia. During this voyage, Anemoi engineers sailed with the vessel for sea acceptance testing and trials, with positive initial performance results which suggest that TR Lady can see average annual fuel and emissions savings exceeding the original expectations. The performance of the Rotor Sails will continue to be monitored over the coming months.

Andrew Hampson, CEO of Tufton, said: “We and our investors are committed to shipping’s decarbonisation journey and believe wind propulsion is a key enabler in helping Tufton reach its 2050 net-zero goals. We are very proud to have been able to support this innovative application of decarbonisation technology on TR Lady.”

Jan Dieleman, President of Cargill’s Ocean Transportation business, said: “We are pleased to be partnering with Tufton who share our decarbonisation ambition and belief in wind propulsion as a key part of the future of shipping.”

Kim Diederichsen, CEO of Anemoi Marine Technologies, said: “I am delighted to see the project brought to life and for the initial performance results to be so positive. The installation is a testament to our large supply chain in China and our dedicated team. We look forward to assessing the performance and seeing continued positive results for our environment.”

Photo credit: Anemoi Marine Technologies
Published: 18 August, 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

9 hours ago

July 21, 2026

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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

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.

Published

10 hours ago

July 21, 2026

Admin

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.

Photo credit: Drew Beamer
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

10 hours ago

July 21, 2026

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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