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TMS Tanker conference: Collaboration is key to accelerate path to net zero in shipping

The need for collaboration between stakeholders to achieve this objective was stressed by speakers, as was the importance of harnessing new technology, including digitalisation and AI-based tools.

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TMS Tanker conference: Collaboration is key to accelerate path to net zero in shipping

Environmental issues and factors influencing the sustainability of tanker shipping as it steps up to play its full part in decarbonising the industry in decades to come were the dominant themes of The Maritime Standard Tanker Conference 2024, which took place on 7 November at The Atlantis, The Palm, Dubai. 

According to The Maritime Standard, the need for collaboration between stakeholders to achieve this objective was stressed by a number of speakers, as was the importance of harnessing new technology, including digitalisation and AI-based tools. 

The importance of engaging ships’ crew in the process of decarbonisation and ensuring they have the right skill sets to enable fleet owners and operators to deliver their objectives was also highlighted by several speakers during the event.

The 2024 TMS Tanker Conference, which featured a programme of expert presentations, lively panel discussions, and a number of interesting questions from the floor, was structured around the theme “Sustainable Tanker Shipping – Accelerating the Journey to Net Zero.” 

Opening the conference, TMS Editor, Clive Woodbridge, said: “The industry is facing its share of challenges as it seeks to decarbonise and move to net zero. The need to invest, not only in new environment friendly tonnage, but in retrofitting existing ships, is going to be a paramount concern, while there will also be renewed focus on improving operational efficiency, to reduce fuel consumption and hence cut emissions.”

The opening session, on “Sustainable Shipping Strategies – Assessing Optimum Solutions”, was preceded by a keynote speech from Capt. Mohamed Al Ali, Senior Vice President, ADNOC Logistics and Services. 

Stressing the need for aligning strategies with the imperative of sustainability, not just for industry stakeholders but for the communities it serves, he said: “As we stand at this crossroads, let us be reminded that the moment for bold action is upon us. It is said that fortune favours the brave. We say the brave make their own fortune.” 

Also providing a keynote address was Shahab al Jassmi, Senior Vice President, Ports and Terminals Commercial, DP World, who said the industry was entering a new era and that, “By leveraging our innovative minds and building strategic partnerships we can truly excel in delivering sustainability.”

Other speakers in this first session, which laid the foundations for the day-long discussions, included Captain Ammaar Al Shaiba, CEO, Maritime and Shipping Cluster, AD Ports Group; Captain Franck Kayser, Chief Operating Officer, Asyad Shipping Company; Nitin Mathur, Head of Commercial Maritime, Al Seer Marine; Richard De Vries, Head of Sales MEA & India, Lloyds Register; and Peter Sahlen, Alfa Laval Technologies AB.

Session 2, on “Driving Greater Operational Efficiency in Tanker Shipping,” was moderated by Ali Shehab, Global Director of Special Projects and Services, DNV, and featured a wide range of speakers from different industry backgrounds. 

These included: Ali Abouda, Group CFO, Gulf Navigation Holding; Capt. Amarjit Kauchhur, Vice President, Middle East/ Regional Director, International Registries (UK) Limited – Dubai Branch; Capt. Savraj Mehta, CCO, NorthStandard; Maria Kristina Javellana, General Manager – Head of Fleet, Hafnia Middle East; Katherine Yakunchenkova, Managing Director, Al Safina Security; Alessandra Burke, CEO, K2 Bunker Fuel Supply; Dipak Karki, Founder and Managing Director, DK2 Seaport; Capt. Onur Yildrim, Global Marine Manager, Advanced Polymer Coatings and Stam Achillas, Head of Business Development & Sales, 2-Stroke Fuel Conversions, Wärtsilä Services. 

The final session, on “Creating Robust Support Systems Infrastructure” ended the event on a high, with speakers from the worlds of ship finance, digitalisation, maritime law, classification, Sale & Purchase and surveying. 

Moderated by Tien Tai, a partner at HFW, the panel included Chris Peters, Senior Executive Officer, Montfort Capital; Mark Lakin, Partner, Stephenson Harwood; Jamil Al Ali, Middle East Regional Commercial & Business Development Director, Bureau Veritas Marine & Offshore; Khalil Rehman Aziz, Managing Director, MariApps Marine Solutions; Faidon Panagiotopoulos, Trader/Purchase Representative (Sale & Purchase), GMS; Nitin Mehta and Capt. Zarir Irani, Managing Director, Constellation Marine Services & Chairman Nautical Institute UAE branch.

Clive Woodbridge concluded: “This conference left no doubt that environmental issues are firmly established at the top of the corporate agendas of tanker shipping owners and operators. But there was an awareness that different segments of the business have to work together more effectively, and that, while technology is important, the human element is sometimes a part of the total picture that is sometimes given less priority than it needs to. This is an important learning point for the future and will be a key feature of our conference programme for 2025.”

 

Photo credit: The Maritime Standard
Published: 22 November, 2024

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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.

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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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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.

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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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