Global Energy Storage Group (GES) on Wednesday (9 July) announced the completion of the sale of its terminal located in the Port of Rotterdam., marking its exit from the Dutch market.

The facility, which includes 212,000 m³ of tank storage and approximately 18 hectares of development land in the Europoort area, was sold to Tepsa, a European bulk liquid and gas storage operator.

The transaction represents a key milestone for GES as it continues to focus its resources on expanding its presence in the fast-growing Asian market, with particular emphasis on its strategic terminal at Port Klang, Malaysia.

It also ensures that the Rotterdam terminal is passed into the hands of a high-quality follow-on owner well positioned to take the asset forward. The transaction also delivers a strong return for GES’s shareholders.

“Part of the investment cycle is realising value from assets at the right time, and we’re confident this was the right moment for GES,” commented Peter Vucins, CEO of GES.

“We are now fully focused on growing our business in Asia, with Port Klang at the centre of that strategy. We extend our sincere thanks to the Rotterdam team and our customers for their support and for maintaining a safe, reliable, and forward-looking operation throughout our ownership.”

With the sale of the Rotterdam terminal, GES no longer holds assets in the Netherlands.

Photo credit: Global Energy Storage Group
Published: 10 July 2025

Commodities group Trafigura and maritime technology provider ZeroNorth entered a strategic alliance on Wednesday (9 July).

The development involves a roll out of ZeroNorth’s platform across Trafigura’s controlled fleet of more than 350 vessels, including its voyage optimisation systems, emissions analytics and vessel reporting tools.

Additionally, Trafigura will take an equity stake in ZeroNorth, further deepening the ties between the two companies.

ZeroNorth’s technology uses advanced artificial intelligence and real-time data, including live weather conditions, vessel specifications, ship performance data and bunker fuel availability to optimise operational performance continuously.

The implementation of ZeroNorth’s solutions is expected to deliver reductions in both marine fuel consumption and carbon emissions across Trafigura’s chartered fleet.

As part of the agreement, Trafigura will also join ZeroNorth’s group of strategic partners, contribute practical industry insights to product development and play an active role in shaping the company’s long-term direction.

Andrea Olivi, Global Head of Shipping at Trafigura, commented: “This partnership marks an important step in Trafigura’s commitment to improving efficiency and sustainability across its maritime operations. The ZeroNorth platform will help us optimise fleet performance through enhanced monitoring of fuel and emissions while improving data collection and quality. It will also strengthen our relationships with vessel owners through more effective communication and information sharing.”

Søren C. Meyer, CEO at ZeroNorth said: “We’re proud to partner with Trafigura – one of the largest players in global commodity trading and shipping. This partnership reflects a shared commitment to advancing the use of technology and high-quality data, sending a clear signal to the industry about the vital roles these play in the energy transition. Trafigura’s insight, scale, and ambition will be invaluable to our strategic direction and will help accelerate the impact of our platform across the industry.”

Photo credit: ZeroNorth
Published: 10 July 2025

The 50^th 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.

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