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Christiania Shipping reports up to 20% fuel saving from Frugal Propulsion system

Christiania Shipping’s entire fleet will now be equipped with Frugal Propulsion system following successful upgrades of tankers “Jette Theresa” and “Alice Theresa”.
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Following successful upgrades of two tankers with Frugal Propulsion system, the entire fleet of 13 ships at Christiania Shipping will now be equipped with it for automatic and intelligent engine control, according to the chemical ship owning and chartering company on Monday (7 November).

The class approved on-top system, Frugal Propulsion, is now working to optimise the fuel consumption on the oil/chemical tankers Jette Theresa and Alice Theresa. The preliminary data shows that the ships’ owner, Christiania Shipping, with Frugal Propulsion achieves a fuel saving of 17-20% at eco speed. At a speed similar to before the upgrade, the fuel saving is 10-14%, depending on the vessel type. ROI is around 12 months.

The investment in Frugal Propulsion is an important part of Christiania Shipping’s 2023 preparations, where new regulations from IMO will become effective: The Energy Efficiency Existing Ship Index (EEXI) and the Carbon Intensity Indicator (CII). In the coming months, all of Christiania Shipping’s 13 owned ships will be upgraded with a Frugal Propulsion solution. The main gains for Christiania Shipping are improved operational efficiency, a reduced carbon footprint and an enhanced competitiveness.

Christiania Shipping observes up to 20% fuel saving from Frugal Propulsion system

“The market increasingly values a low carbon footprint when chartering tankers. Therefore, it makes a huge difference whether your vessel will receive a high or a low CII-rating. In addition, the Frugal Propulsion system provides us with very accurate data on the ship’s performance, which helps us document our fuel consumption. Emission regulations will be tightened ongoing, and it is important to stay ahead,” said Rune Eriksen Lorentsen, Chief Operating Manger at Christiania Shipping.

“With Frugal Propulsion, we now know exactly how much fuel we use and where and when we use it. Because of the system’s data, we have a detailed overview of the tanker’s total use of fuel. Thereby, we can optimize our energy consumption throughout the ship.”

EEXI regulations increase the interest

Frugal Propulsion is an automated, AI-based on-top system, which ensures that the engine and the propeller are constantly optimized in relation to draught, load, waves, and wind. There are no manual adjustments. There are no manual adjustments as the system is based on sensors, Big Data and algorithms that continuously keeps learning. For the shipowner, this means that the fuel savings will increase as the system gets to know the ship.

Peter Hauschildt is managing director of Frugal Technologies, which is the company behind the patented system. In his experience, the market is showing an increasing interest in learning about what his company has to offer. This is not least because EEXI and CII represents a significant challenge for international shipping operations. Analysts at VesselsValue has recently estimated that over 75 % of the world’s bulk-, tank- and container ships will struggle to remain compliant unless fuel consumption is reduced.

“Frugal Propulsion is a digital ShaPoLi solution which automatically ensures that engine power never exceeds the calculated EEXI limits of the vessel. Shipowners choose our solution because it is quickly installed and ensures both a financial gain and a climate gain due to the significant reduction in fuel consumption. At the same time, we can help them to abide with the new regulations,” he said. 

 

Photo credit: Christiania Shipping
Published: 8 November, 2022

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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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July 21, 2026

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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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19 hours ago

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July 21, 2026

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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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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

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