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ECOsubsea to continue deploying hull cleaning solutions in Europe despite Singapore exit

This comes following the company’s decision to close its Singapore operations with the filing of a statutory declaration of ECOsubsea Singapore Pte Ltd regarding its inability to continue its business.

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ECOsubsea to continue deploying hull cleaning solutions in Europe despite Singapore exit

Bergen-based hull cleaning technology provider ECOsubsea recently said despite its exit from the Singapore market, it will continue to deploy its hull cleaning offerings from key service hubs in northern Europe following a restructure supported by new maritime investors. 

The company will primarily focus mainly around the Amsterdam, Rotterdam, Antwerp (ARA) region, as well as in Norway and the UK.

This comes following its company to close its Singapore operations under ECOsubsea Singapore Pte Ltd. 

Manifold Times previously reported a director of Ecosubsea Singapore Pte Ltd filing a statutory declaration (SD) with the Official Receiver’s office stating that the company cannot continue its business due to its liabilities. 

The company told Manifold Times that the filing was done following a period of uncertainty after it entered into voluntary administration at the end of November 2025. 

“The decision to restructure and exit the Singapore market was not taken lightly,” said ECOsubsea CEO Tor Østervold. 

“We are sorry for the impact that this necessary move has had on any of our stakeholders but we remain committed to focus on our core European business which has seen steady year-on-year growth, with a 40% increase in demand during 2025 as compared to the previous year.”

The company added that it is “very much business as usual” for ECOsubsea with the new investment enabling the company to retain most of its core team who are committed to leveraging the strong relationships with long term customers. 

In addition, a third cleaning unit is being redeployed to the European market providing increased capacity to grow the company’s business in the region.

“With all its operational metrics remaining strong, ECOsubsea’s commitment to innovation, including its long term focus on sustainability and decarbonisation, remains its priority,” it said. 

Related: Singapore: Director declares Ecosubsea Singapore Pte Ltd’s inability to continue business

 

Photo credit: ECOsubsea
Published: 28 April, 2026

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Winding up

High Court of Singapore issues winding up order against Hengli Petrochemical International

Application to wind up Hengli Petrochemical International Pte Ltd, the former Singapore trading arm of Hengli Petrochemical (Dalian) Refinery, was filed by Dalian Hengli New Energy Sales on 14 August.

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RESIZED singapore high court

The High Court of Singapore issued a winding up order to Hengli Petrochemical International Pte Ltd, the former Singapore trading arm of Hengli Petrochemical (Dalian) Refinery, on 4 September, according to a Friday (11 September) notice on the Government Gazette.

The application was filed by Dalian Hengli New Energy Sales Co Ltd, a creditor of the company, on 14 August.

The winding up order also included the following names and address of liquidators:

Mr. Wong Joo Wan
Ms. Tina Phan Mei Ting
c/o M/s Rodgers Reidy Advisory Pte. Ltd.
1 Commonwealth Lane
#06-21 One Commonwealth,
Singapore 149544

All creditors of the abovenamed company should file their proof of debt with the liquidator who will be administering all affairs of the company.

In May, it was reported that Hengli Petrochemical International dismissed some employees, with some workers being laid off while others were offered positions in other entities. 

In April, China’s Hengli Group reportedly reorganised the shareholding structure of its Singapore-based trading arm shortly after the United States imposed sanctions on its refinery unit.

Related: Hengli Petrochemical’s ex-Singapore trading arm faces winding up application
Related: Hengli’s former Singapore trading arm begins staff layoffs ahead of potential May shutdown
Related: Hengli shifts ownership of Singapore trading arm in wake of US sanctions
Related: US sanctions China’s second-largest teapot refinery for purchasing Iranian oil

 

Photo credit: Manifold Times
Published: 14 September, 2026

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Methanol

Goldwind green methanol facility completes trial production, ships first 500 mt

Goldwind has also secured long-term offtake agreements with A.P. Moller – Maersk and Hapag-Lloyd, connecting planned production with demand from shipping.

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Goldwind green methanol facility completes trial production, ships first 500 mt

MI — The Global Methanol Alliance on Friday (11 September) said the world’s largest green methanol production facility to date has completed its first trial run. 

The alliance’s member Goldwind Green Energy has successfully produced biomethanol at its new 250,000 metric tonne (mt)/year facility in Inner Mongolia, with the first 500 mt of trial product now headed to South Korea.

“The facility uses wind-powered green hydrogen and locally sourced corn straw to produce biomethanol meeting EU RED III sustainability requirements. Commercial operations are expected to begin later this month,” it said. 

Goldwind has also secured long-term offtake agreements with A.P. Moller – Maersk and Hapag-Lloyd, connecting planned production with demand from shipping.

In 2024, Hapag-Lloyd reached a long-term agreement with Chinese energy firm Goldwind for the delivery of 250,000 mt of green methanol per year to ensure long-term supply for its vessels.

In 2023, Maersk signed a deal with Goldwind, marking the first large scale green methanol offtake agreement for the global shipping industry.

The commercially viable long-term offtake agreement for annual volumes of 500KT will enable low carbon operations for the first 12 large methanol-enabled Maersk vessels on order. The first volumes are expected in 2026.

Related: Hapag-Lloyd, Goldwind enter offtake deal for green methanol bunker fuel supply
Related: Maersk and China-based Goldwind sign landmark green methanol bunker fuel offtake deal

 

Photo credit: MI — The Global Methanol Alliance
Published: 14 September, 2026

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Wind-assisted

LDA’s methanol-powered “Spirit of Toulouse” gets Norsepower rotor sail in Shanghai

Now in Shanghai, the installation of the vessel’s innovative wind-assisted propulsion system has begun with the fitting of the first of its six 35-metre-high rotors.

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LDA’s methanol-powered “Spirit of Toulouse” gets Norsepower rotor sail in Shanghai

French shipowner LD Armateurs on Thursday (10 September) said its new RoRo vessel has reached another major milestone in her construction journey with the start of the installation of a wind-assisted propulsion system. 

Following its launch earlier this year, Spirit of Toulouse has completed a journey along the Yangtze River to Shanghai. 

Now in Shanghai, the installation of the vessel’s innovative wind-assisted propulsion system has begun with the fitting of the first of its six 35-metre-high rotors. 

“This highly visible phase marked a significant step forward in bringing to life the world’s biggest low-emission RoRo vessels ever built,” the company said. 

Combining six Norsepower Rotor Sails ™ and two dual-fuel engines capable of running on e-/bio-methanol or marine diesel oil, the Spirit of Toulouse has been specifically designed to substantially reduce emissions while maintaining the highest standards of operational performance and reliability. 

The ship will operate on the Atlantic route, transporting aircraft elements for Airbus between European production sites and the final assembly line in the US. 

“As work progresses in Shanghai, the silhouette of the Spirit of Toulouse is beginning to take shape, bringing this unique vessel one step closer to entering service and setting new standards for sustainable maritime transport,” the company added. 

 

Photo credit: LD Armateurs
Published: 14 September, 2026

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