Business

Chevron, TotalEnergies, Seapeak join maritime methane reducing initiative

MAMII also announced that it has selected four providers to produce feasibility studies on the technologies which will reduce methane emissions from ships, with further details to be released soon.

Published

2 years ago

February 28, 2024

Admin

Energy companies TotalEnergies and Chevron, and major gas carrier Seapeak, have joined the Methane Abatement in Maritime Innovation Initiative (MAMII), led by SafetyTech Accelerator, according to the initiative on Tuesday (27 February).

The three companies join the now more than 20 members of MAMII, emphasising its pivotal role in addressing methane abatement within the maritime sector.

Chevron, a global energy company, Seapeak, an owner-operator of liquefied gas vessels, and TotalEnergies, the world’s third largest LNG player, will bring their valuable insights and commitment to MAMII’s mission: tackling the critical challenge of ‘methane slip’.

The initiative also announced that it has selected four providers to produce feasibility studies on the technologies which will reduce methane emissions from ships, with further details to be released soon.

The release of unburnt methane is a key obstacle to unlocking the full environmental potential of Liquefied Natural Gas (LNG) as a maritime fuel. Now in its second year, MAMII was launched in September 2022 by Safetytech Accelerator, bringing together industry leaders, technology innovators, and maritime stakeholders to advance technologies for measuring and mitigating methane emissions in the maritime sector.

Lloyd Bland, Sr. Manager, Chevron Shipping, said: “Chevron Shipping is very pleased to join MAMII. We are committed to reducing methane emissions from our LNG carriers and MAMII is an excellent opportunity for us to work with industry leaders on sharing best practices and exploring new technologies to achieve this goal.”

Chris McDade, Vice President, Operations at Seapeak, added: “LNG is already the preferred choice versus traditional marine fuels – it generates less CO2 and has significantly lower emissions – but there can be even more done to minimise the environmental impact.

“As a MAMII anchor partner, our fleet will directly participate in feasibility studies, new equipment trials and testing of technical solutions to reduce or eliminate methane slip from LNG vessels”.

To date, MAMII has produced a comprehensive technology landscape report, covering regulatory requirements, ‘Well to Tank’ and ‘Tank to Wake’ analyses, and cost-benefit assessments for its members. The initiative curated an ecosystem of 27 companies specialising in methane capture, measurement, and abatement, with 13 actively engaged with MAMII partners.

MAMII is currently focussed on ‘on-ship’ trials, expanding the range of pilots, and starting to address fugitive methane emissions covering the entire spectrum of methane emissions on LNG-fuelled vessels.

Jerome Cousin, SVP Shipping at TotalEnergies, said: “As the world’s third-largest LNG player, we are delighted to be joining the MAMII initiative and contribute our expertise in reducing the emissions all along the gas value chain.”

“It is key for TotalEnergies to further improve the environmental benefits of LNG as a marine fuel, already a major decarbonization lever for the maritime industry.”

Steve Price, MAMII Programme Director, said: “The inclusion of Chevron, Seapeak, and TotalEnergies signifies a collective commitment to overcoming the challenges of methane slip in LNG. Their participation reinforces MAMII’s role in driving impactful change within the maritime sector, steering us towards a more environmentally responsible shipping industry.”

Photo credit: Venti Views on Unsplash
Published: 28 February, 2024

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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

19 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

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

19 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

19 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