Business

Informa: Sea Asia 2021 rescheduled to take place during 21-23 September

The decision to reschedule was made amid challenging market conditions partly due to COVID-19 related restrictions which curbed international travel.

Published

6 years ago

November 5, 2020

Admin

Informa Markets on Thursday (5 November) announced that Sea Asia – Asia’s anchor maritime and offshore event organised with the Singapore Maritime Foundation – will be held from 21-23 September 2021 at its usual venue, Marina Bay Sands, Singapore.

The event was originally set for 20-22 April 2021 during Singapore Maritime Week (SMW).

The decision to reschedule has been made amid challenging market conditions partly due to efforts to curb the spread of COVID-19 which resulted in reducing business travel and ongoing border restrictions globally, it said.

Together with key stakeholders and partners in the maritime industry, Informa Markets made the decision to move the dates of Sea Asia, concluding that staging a large-scale event in the second half of 2021 would be more appropriate.

This point was supported by in-depth customer and industry research and hence, the company said they are acting on the direction as provided by the market.

Since its inception, Sea Asia has been a key event in SMW and the current change in dates only apply for 2021. SMW, which has a different profile, will occupy its traditional April position. The full alignment of Sea Asia with SMW will resume from 2023 onwards, said Informa Markets.

To uphold its ongoing commitment to drive greater value and business opportunities for participants, the company added that Sea Asia in September will also be a hybrid event and incorporate in-person and virtual elements.

The virtual experience will continue to enable participants, especially those who are unable to attend physically, to connect seamlessly with the community-at-large, network and establish business contacts, as well as access content anytime, anywhere.

“Over 13 years, Sea Asia has built a strong network and many meaningful relationships in the maritime industry. The decision to reschedule the event is testament of our top priority, that is to deliver a successful Sea Asia without any compromise on event experience and customer return on investment,” said Andrew Williams, President of Maritime Vertical, Informa Markets.

“To raise the bar on bringing a high-quality experience, we will run the event in accordance to local government authorities’ guidance as well as Informa’s AllSecure enhanced health standards.

“We are immensely grateful to our stakeholders, customers and partners for supporting our decision. While being able to meet many of you virtually during this unprecedented period, we are counting the days until we can all meet face to face again.”

“Sea Asia is a major event for the international and regional maritime community. As co-organiser, we support the decision to postpone the event and will continue to work with the Sea Asia team to provide a fruitful and enjoyable experience at the next edition” said Andreas Sohmen-Pao, Chairman, Singapore Maritime Foundation.

Photo credit: Informa Markets
Published: 5 November, 2020

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

13 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

14 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

14 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