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Kenneth Juhls exits ZeroNorth to become AuctionConnect CEO

Juhls joins from his most recent role as Senior Vice President and Global Head of Customer Success and Partnerships at ZeroNorth; he previously served as Managing Director of ZeroNorth Bunker.

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Kenneth Juhls, Managing Director, ZeroNorth Bunker,

Bunker Holding on Friday (27 June) announced the appointment of Kenneth Juhls as the CEO of AuctionConnect, effective 1 July 2025. 

AuctionConnect, an independent company owned by Bunker Holding, digitalise complex processes in bunker auctions, turning real time data into operational insights and smarter decision-making. 

Bunker Holding said the appointment marked a significant strategic step for AuctionConnect as it transitions into a phase of growth and scale. 

“Kenneth Juhls is a standout profile in the maritime digital space. His deep industry knowledge, strategic clarity, and commercial edge make him the ideal person to take AuctionConnect to the next level. We are proud to have attracted such a strong profile, and we look forward to seeing him shape the next phase of AuctionConnect’s growth journey,” said Michael Krabbe, Chairman of AuctionConnect. 

Kenneth Juhls brings more than 25 years of industry experience from shipping and trading. Most recently Kenneth Juhls assumed the role of Senior Vice President and Global Head of Customer Success and Partnerships at ZeroNorth and before that as Managing Director of ZeroNorth Bunker leading the development and scaling of their digital bunker optimisation platform. 

He also serves as their chair of the IBIA Digitalisation Working Group and board member of the IBIA European Board. His leadership will be key in positioning AuctionConnect as a go-to platform that simplifies fuel procurement, drives transparency and trust, and solves real-world challenges for users across the bunker industry.   

At AuctionConnect, Kenneth Juhls will take the helm at a time where the energy transition poses new challenges and opportunities for the industry. He will apply his strategic, industry and commercial experience to sharpen the platform’s commercial focus, build out partnerships, and strengthen user experience. 

“AuctionConnect is already a strong platform with a proven customer base and real traction in the market. Our industry is transforming, and I strongly believe strong data, digital tools and platforms will help all market participants navigate the increasing complexity. I look forward to engaging with all parts of the industry to drive real and meaningful change, form partnerships and first and foremost deliver value to our customers. I am excited to build on the strong foundation already in place,” says Kenneth Juhls. 

With this appointment, Per Funch-Nielsen steps down as CEO of AuctionConnect. Chairman of AuctionConnect, Michael Krabbe, says “Per has been instrumental in developing the platform and we extend our sincere thanks for his strong commitment and leadership. We wish him all the best in his future endeavours.”

 

Photo credit: Bunker Holding
Published: 30 June, 2025

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Newbuilding

Singapore: Pinnacle Marine’s first B100 fuelled utility boat starts 1,000-hour research trial

Newbuilding operated by Prestige Ocean Pte Ltd will capture data on bunker fuel emissions, marine fuel behaviour, and performance.

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The 50th vessel constructed by local boat builder Pinnacle Marine (Singapore) Pte Ltd, namely President 100, is starting 1,000 hours of real-time research trials in collaboration with several parties from Wednesday (9 July) onwards, it says.

Powered by B100 biodiesel, the newbuilding operated by Prestige Ocean Pte Ltd will capture data on bunker fuel emissions, marine fuel behaviour, and performance.

It will be participating in trials with Maritime Energy & Sustainable Development Centre of Excellence (MESD), Weichai Singapore, China Classification Society, Pacific International Lines (PTE) Ltd, Abo Shoten, Ltd. / 株式会社安保商店 , Abo Singapore, Wilmar International, Gulf Marine, Amspec Testing & Services, and AYK Engineering and Consulting.

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The President 100, Pinnacle Marine’s first full biodiesel utility boat, was launched on Tuesday in the presence of over 100 guests.

“Our latest vessel, President 100, merges legacy and future. Named after our first aluminium boat (“President”) and inspired by B100 biodiesel, it leads the charge for our next 50 vessels — many of which will embrace green technology,” stated Pinnacle Marine in a LinkedIn post.

“The launch was amazing, with strong turnout from across the maritime sector — authorities, shipowners, operators, agencies, chandlers, researchers, offshore engineers, and petrochemical suppliers.”

It added: “We’re excited to see how it paves the way for wider adoption of B100 biodiesel — a cleaner, sustainable path for Singapore’s harbour craft sector.”

 

Photo credit: Pinnacle Marine (Singapore) Pte Ltd
Published: 9 July 2025

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Newbuilding

BHP awards charter contracts for two ammonia dual-fuelled bulk carriers

BHP continues to work with the maritime industry to develop an ammonia bunkering plan for the two vessels when they are delivered from 2028.

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BHP ammonia DF charters

Global resources company BHP on Wednesday (2 July) signed contracts with COSCO Shipping Bulk Co., Ltd., a subsidiary of COSCO shipping Group (COSCO Shipping) for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers.

The new vessels to be built under this arrangement will be two of only a handful of vessels in the world capable of using ammonia as a bunker fuel.

The two vessels, expected to be delivered from 2028, will primarily transport iron ore from Western Australia to Northeast Asia.

When run on lower or low to zero greenhouse gas (GHG) emissions ammonia, these vessels will be capable of reducing GHG emissions by at least 50% and up to 95% on a per voyage basis compared to a conventionally fuelled voyage.

The five-year time charter contracts are expected to contribute towards a reduction in the GHG emissions intensity of BHP chartered shipping.

BHP continues to work with the maritime industry to develop an ammonia bunkering plan – the process of fuelling ships with ammonia – for the two vessels when they are delivered from 2028.

Sourcing lower and low to zero GHG emissions ammonia is subject to an ongoing tender process.

 

Photo credit: BHP
Published: 9 July 2025

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Milestone

Everllence celebrates 1,000th ME-GI engine; milestone unit goes to Hapag-Lloyd

Engine, a 7G95ME-GI type, bound for a Hapag-Lloyd container vessel currently under construction at Jiangsu New Yangzi Shipbuilding Co., Ltd.

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Everllence, formerly known as MAN Energy Solutions, on Tuesday (8 July) celebrated the order of its 1,000th ME-GI engine that can run on either heavy fuel oil or liquefied natural gas (LNG) as a bunker fuel.

The engine, a 7G95ME-GI type, is bound for a Hapag-Lloyd container vessel currently under construction at Jiangsu New Yangzi Shipbuilding Co., Ltd. where it is designated as hull #1721.

Rolf Habben Jansen, CEO of Hapag-Lloyd, said: “We are proud to mark this milestone with our partner, Everllence. The order for the 1,000th ME-GI engine reflects our commitment to decarbonising global supply chains. Dual-fuel technologies like the ME-GI are a key step on our journey to a low-emission fleet and support our ambition to drive change across the industry.”

Dr Uwe Lauber, CEO of Everllence, added: “Considering that the strongest interest in the ME-GI engine has come from the container segment, it is fitting that this significant milestone should be reached with an order from such a prestigious container player as Hapag-Lloyd. On the path to net-zero, the marine industry needs pioneers and Hapag-Lloyd is leading the way by example.”

“2025 has seen a large increase in ME-GI orders as methane makes for an excellent transition fuel on the way to decarbonising shipping. The ME-GI’s market-leading efficiency and technological maturity – as well as lowest methane slip – have confirmed its status as the marine industry’s default, dual-fuel, methane-fuelled engine.”

 

Photo credit: Everllence
Published: 9 July 2025

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