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Singapore: Marine Fuels 360 Awards and Conference 2023 to bring together industry’s best

Vital topics that will be discussed include global prospects and complexities, the state of bunker markets, scalable zero-emission fuels, scaling up LNG bunkering and clean energy transition.
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marine fuels360

Marine Fuels 360 2023 will be held from 28 to 29 November 2023 at Marina Bay Sands, Singapore – comprising a highly anticipated Marine Fuels 360 Conference and the Marine Fuels 360 Awards and Gala Dinner dedicated to celebrating excellence and success in the marine fuels sector and fostering new partnerships.

Marine Fuels 360 Conference

Organised by Informa Markets backed by a decade of premier success in leading the conversation in Bunkering in Asia and LNG Bunking Conferences, the rebranded Marine Fuels 360 Conference to be held on 28 and 29 November features a line-up of keynote speakers and industry thought leaders with first-class content as well as the latest marine fuels outlook.

The global industry leaders will discuss vital topics such as global prospects and complexities, the state of bunker markets, scalable zero-emission fuels, scaling up LNG bunkering and clean energy transition.

Particular sessions of interest to the bunkering industry during the conference include:

  • Bunker Buyers’ Dialogue: Striking the Balance – Aligning Current Global Trade Volume with the Demands for Bunkers, 
  • Commercial Insights Panel: Cracking the Code: Market Risk Dynamics and Bunker Price Trends,
  • Fuel Quality Trends and Dispute Remedies,
  • Bunker Operations Dialogue: Unifying Technical and Operational Compatibility of Present and Future Fuel Options

Marine Fuels 360 Awards Gala Dinner

Held on the evening of 29 November, the Marine Fuels 360 Awards (in association with Seatrade Maritime) and Gala Dinner is set to honour the highest level of quality and excellence in the bunkering Industry.

Twelve awards across four sectors – Shipping, Bunker Trade & Supply, Decarbonisation & Technology and Bunkering services are open for public nomination and evaluated by a board of esteemed judges. In addition, three special awards – CEO of the Year, Lifetime Achievement and Industry Icon (not open to nomination) will be conferred to worthy individuals who have made significant contributions to the industry.

Winners will be announced at the Awards Gala Dinner event.

Limited tickets to Marine Fuels 360 Conference and Awards Gala Dinner are still open for booking. 

Attendees can expect to network with industry professionals from Anglo American, ExxonMobil Asia Pacific, Hafnia, Maersk, MSC, Monjasa, Peninsula, Shell, Teekay Tankers, TFG, Total, Vitol, and many more.

Note: More details on Marine Fuels 360 including the full conference programme, full list of panel of judges, list of categories of the awards and pricing can be found here.

Photo credit: Informa Markets
Published: 17 November, 2023

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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.

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July 21, 2026

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RESIZED Sora Shimazaki on Pexels

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.

Related: Singapore: Hin Leong Founder OK Lim gets jail term slashed to 13.5 years

 

Photo credit: Sora Shimazaki
Published: 21 July, 2026

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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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