Europe’s largest manufacturer of waste-based biodiesel Greenergy on Thrusday (10 July) confirmed it will begin consultation on a proposal to cease production at its biodiesel plant in Immingham, Lincolnshire.

Despite significant cost reductions to improve the plant’s viability, the Immingham plant has continued to be negatively impacted by market factors, including slower increases in the UKs biofuels blending mandates compared to European countries and competition from subsidised US-origin products.

Greenergy’s announcement follows the strategic review of its biodiesel operations at Immingham, announced in late May 2025. Consultation with affected employees will begin as soon as possible. Greenergy is committed to supporting staff through this period.

“It has been an incredibly difficult decision to enter consultation on the proposed closure of our Immingham site, and a decision we have not taken lightly,” said Greenergy CEO Adam Trager.

“However, in light of continuing market pressures, we unfortunately do not have enough certainty on the outlook for UK biofuels policy to make the substantial investments required to create a competitive operation at Immingham.

“We are seeking urgent talks with ministers about increasing the amount of biofuels used in the UKs petrol and diesel, a move which will help protect the biofuels sector, as well as cutting the UK’s emissions, particularly from HGVs.

“Today’s decision does not reflect the dedication and hard work of affected staff and I would like to thank our employees at Immingham for their tremendous efforts to date. Our priority is supporting our employees through this difficult period.”

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Photo credit: Greenergy
Published: 11 July 2025

Multi-disciplinary law firm Helmsman LLC on Friday (4 July) announced the appointment of Teoh Su Yin as a Director within its Corporate, Banking, and Finance Practice Group.

With a multidisciplinary background in law, education and research, Teoh began her legal career as a litigator and transitioned into a broad range of non- contentious corporate, banking and finance work for a diverse clientele before focusing on transactional banking/finance work. 

She worked in major Singapore law firms, as well as in the Singapore branch of a foreign bank. She has advised on significant banking and finance transactions, including acting for the lenders in facilities totalling USD 1.5 billion for a Southeast Asian government, a USD 29 million bill discounting facility for government agencies of a Southeast Asian country, a SGD 600 million facility that part-financed a Singapore entity’s acquisition of an Australian company, and a SGD 400 million financing/refinancing deal for a mixed-use development project in Singapore.

“After a decade as a Big Four Singapore law firm partner with a primarily general banking and finance practice, she lawyered in-house – for most part in the R&D sector – while engaging in teaching and research endeavours. As general counsel to two research institutes and a teacher-researcher herself, she had firsthand experience in R&D-related concerns, in both the public and private sectors,” Helmsman said in a statement. 

Amongst other things, she has worked on legal and ethical data collection and management, cross-border data transfer-related risks, and data management and protection. She also employed facilitative training and process facilitation as means to manage legal risks.

She returned to private practice after completing her master’s degree in education (with a major in developmental psychology) and other academic pursuits. 

“Today, she combines legal expertise with human insight to support cross-border banking and finance transactions, data-driven ventures, and organisational resilience,” the law firm added. 

Teoh first came to Singapore on a government scholarship, obtained her bachelor’s and master’s law degrees from the National University of Singapore and her master’s degree in education from Singapore’s Nanyang Technological University. 

She holds teaching and adult education credentials from Finland and Singapore (WSQ ACLP and DACE certification) and process facilitation certification from the U.S.A. and Singapore. In addition, she is an IAPP Certified Information Privacy Professional (Asia).

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Photo credit: Helmsman
Published: 4 July, 2025

Hong Kong bunkering firm Sea Trader International on Tuesday (1 July) announced the appointment of Sean Kim as Sales Manager for its Seoul affiliate office, Sea Trader International Limited, with immediate effect.

Mr Kim graduated from Korea Maritime University and first worked at a shipping logistics and charter brokering company for four years, according to a note from Sea Trader to Manifold Times.

After that, he worked at various bunker trading companies, including World Fuel Services Corporation, OceanConnect Marine, KPI OCM and BaseBlue for a total of 12 years.

“The appointment of Sean, who is an experienced bunker trader for the Korean market, is testament to the growth of our company in Asia and reflects our commitment to better serve clients and partners in the region,” said Simon Szeto, Managing Director of Sea Trader Group.

Contact details of Sea Trader’s Seoul affiliate office, together with current staff members, are as follows:

18F, S-Tower, 82 Saemunan-ro, Jongno-gu, Seoul, 03185, Korea
Office: (+82) 2 6226 7333

Mr Sean Kim
Mobile: (+82) 10 8933 3889
Email: [email protected]

Mr Jacob Kang
Mobile: (+82) 10 2818 1066
Email: [email protected]

Photo credit: Sea Trader International
Published: 1 July 2025