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Alternative Fuels

FincoEnergies gains full lubricants business, partial bunker fleet of Dutch company

FincoEnergies officially completed its partial acquisition of Oliehandel Klaas de Boer on 1 May, securing the Dutch bunker supplier’s complete lubricants business and part of its fleet.

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FincoEnergies gains full lubricants business, partial bunker fleet of Dutch company

Rotterdam-based biofuels supplier FincoEnergies recently announced it has officially completed its partial acquisition of Dutch bunker supplier Oliehandel Klaas de Boer on 1 May. 

The company acquired Oliehandel Klaas de Boer’s complete lubricants business and part of the bunker fleet. 

“With this acquisition, FincoEnergies increases its storage capacity and product portfolio, highlighting its role as an independent and leading supplier of biofuels and lubricants within the maritime sector,” the company said on its website.  

With the addition of several vessels and the entire lubricants product line, FincoEnergies has strengthened its logistical capabilities in Dutch ports. 

“This expansion is part of the company’s growth strategy and enables FincoEnergies to serve the maritime sector even better,” it added.

The product portfolio has also been broadened, with an enhanced focus on sustainable biofuels, bulk lubricants, and solutions for all maritime customers.

Jeroen van Essen, General Manager at FincoEnergies, explained: “With this expansion, we are strengthening our logistical network and product offering and our role as a true partner for maritime customers.

“The sector faces several challenges due to new legislation, such as RED III and ETS2. We help our customers prepare for these changes through reliable deliveries, a diverse product portfolio, and concrete, sustainable solutions that meet tomorrow’s requirements. Together, we are charting a course toward a future-proof maritime sector.”

Dennis van Loon, Head of Operations at FincoEnergies, added: “Expanding our fleet is an important step towards even greater customer security of supply.”

“Especially in a market that operates 24/7, the availability of (bio)fuel at the right time and place is crucial. This expansion allows us to respond faster, store larger volumes, and further enhance our logistical capabilities. It strengthens our position as a reliable partner in maritime fuel supply.” 

Related: FincoEnergies launches pooling service for FuelEU Maritime compliance

 

Photo credit: FincoEnergies
Published: 8 May, 2025

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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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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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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.

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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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Nuclear

ABS awards AiP to Korean institute for SMR-powered container ship concept design

KRISO says AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

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ABS awards AiP to Korean institute for SMR-powered container ship concept design

Korea Research Institute of Ships & Ocean Engineering (KRISO) on Thursday (16 July) received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its concept design of a 15,000 TEU Small Modular Reactor (SMR)-powered container ship utilising Molten Salt Reactor (MSR) technology.

KRISO said the AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

“This achievement demonstrates international recognition of KRISO’s technological capabilities in the rapidly evolving field of nuclear-powered shipping, supporting the transition toward low-carbon maritime transport,” it said. 

Building on this milestone, KRISO will continue advancing basic and detailed ship design, paving the way for future demonstration and commercialisation of SMR-powered vessels. 

Through continued R&D and international collaboration, KRISO remains committed to strengthening next-generation maritime technologies and contributing to the safe deployment of nuclear propulsion in the maritime industry.

 

Photo credit: Korea Research Institute of Ships & Ocean Engineering
Published: 21 July, 2026

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