Business

Event: DNV to organise Singapore Energy Transition Conference 2022

Free event featuring discussions on Singapore and South East Asia’s pathways to net zero to take place at Suntec Singapore Convention & Exhibition Centre on 23 June.

Published

4 years ago

June 9, 2022

Admin

Singapore Energy Transition Conference 2022

Classification society DNV will be holding its Singapore Energy Transition Conference on Thursday (23 June), 3.00 to 5.30 pm at Suntec Singapore Convention & Exhibition Centre. The following are the details of the event:

The race to tackle climate change is on. Yet as rapid as that transition is and despite efforts being made, DNV forecasts in its Energy Transition Outlook (ETO) that the green shift is not fast enough for the world to achieve the ambitions of the Paris Agreement.

This means that developed countries – Singapore being one of them – and certain sectors must reduce greenhouse gas emissions to zero way before 2050, because developing regions and hard-to-abate sectors will take longer to decarbonize. As Singapore intensifies efforts towards reducing and eventually eliminating harmful emissions to the atmosphere, what does the energy transition journey in 2022 look like?

Join DNV and energy industry experts

To better understand the opportunities and challenges facing energy companies and industry stakeholders in adapting to the energy transition, DNV will host speakers and panels of experts with extensive experience in the sector.

Focus topics:

Singapore and South East Asia’s pathways to net zero, discussing concrete examples of recent technology uptake in solar and wind energy, storage, hydrogen and CCUS
Maritime decarbonization and the position of Singapore as a first mover in applying new ship fuels and abatement technologies.

Speakers

Industry Experts:

Prof. Lynn Loo, CEO, Global Centre for Maritime Decarbonisation
Mr Eric Francia, CEO, AC Energy
Ms Nicke Widyawati, President Director & CEO, PT Pertamina
Datuk Yee Yang Chien, President and CEO, MISC Group
Mr Tan Wooi Leong, Senior Director (Energy & Industrial), Surbana Jurong Pte Ltd.
Mr Cesar Mugerin, Senior Advisor, Technology & Innovation, Engie Solar
Mr Tat Win Law, Singapore Country Chairman, Chevron
Mr. Adlan Ahmad, CEO of Petronas Hydrogen Sdn Bhd
Ms. Fauziah Marzuki, Head of APAC Gas, Power, Carbon, BloombergNEF

DNV:

Mr Remi Eriksen, Group President and CEO
Mr Brice Le Gallo, Regional Director for Energy Systems APAC
Ms Cristina Saenz de Santa Maria, Regional Manager South East Asia, Pacific & India
Mr James Laybourn, Hydrogen and CCUS Segment Lead, APAC, Energy Systems
Mr Tony Mercer, Head of Renewables Ecosystem, Digital Solutions

Considering Singapore and Southeast Asia’s energy requirements, some companies focus on deploying only clean energy technologies while others transform into broader energy companies to reach net-zero by 2050. As the region moves towards a clean energy future, Singapore will have an important role to play as the regional technology and financial powerhouse.

Registration for virtual attendees:
https://www.dnv.com/events/singapore-energy-transition-conference-225796

Registration for physical attendees:
https://www.dnv.com/events/singapore-energy-transition-conference-225948

Photo credit: DNV
Published: 9 June, 2022

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

12 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

13 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

13 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