Business

Transparensea Fuels eyes European expansion with launch of new London office

Firm said its European team will be able to meet growing demand for strategic brokerage services in the region, as customers seek independent expert advice on fuels, both existing and new.

Published

3 years ago

September 27, 2023

Admin

Bunker brokerage Transparensea Fuels on Tuesday (26 September) has announced it is expanding into the European market, with the opening of a new London office.

Following demand for its fresh approach to the marine fuels market in North America, Transparensea’s move to Europe coincides with shipping facing an unprecedented shift in the way it fuels vessels between now and 2050.

Headed by experienced marine fuels broker Harriet Robson, Transparensea’s European team will be able to meet growing demand for strategic brokerage services in the region, as customers seek independent expert advice on fuels, both existing and new, to navigate fast-paced regulatory changes, such as the European Union’s Emissions Trading System (EU ETS).

With its dedicated alternative fuels consultancy, Transparensea Fuels has developed expertise in advising companies on the fuels landscape, including availability, operational considerations and fuel specifications.

Sandra Ennor, President and CEO of Transparensea Fuels, said: “Transparensea was founded with the ambition to challenge established practices, prioritising honesty and transparency at every touch point of our work. Our approach means that customers have a trusted, independent and dedicated resource for fuel procurement, which is becoming even more important as we transition to new fuels and bunker buying is increasingly recognised as the strategic priority it truly is. Our expansion into Europe today is a testimony to the value that expert and agile boutique partners can bring to the market.”

This new UK base, which is Transparensea’s first subsidiary outside the United States, will enable the company to further expand its customer base and industry relationships whilst particularly strengthening its client service offering across multiple time zones, including Europe, the Middle East and Asia. Harriet

Robson, Transparensea’s Director for the UK, brings over 10 years of experience in maritime bunker brokering that is complemented by strong networks across these key markets.

Harriet Robson, Director of Transparensea for the UK, said: “Europe is entering a period of profound transformation resulting from new demands from regulatory and market forces. This will change not only the fuels used on board ships, but also the procurement process itself. The market is craving more support and clarity to navigate the energy transition, and I see genuine excitement for Transparensea’s disruptive model on this side of the Atlantic. I am proud to bring the company’s in-depth understanding of the fuel landscape to companies operating in Europe and elsewhere in the world.”

Photo credit: Marcin Nowak on Unsplash
Published: 27 September, 2023

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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.

Published

16 hours ago

July 21, 2026

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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.

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

16 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

16 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