Business

WinGD to deliver methanol engines for COSCO SHIPPING Lines container vessels

Firm will supply 10X92DF-M methanol-fuelled engines to four 16,000 TEU container vessels to be built for COSCO SHIPPING Lines at COSCO Shipping Heavy Industry (Yangzhou).

Published

3 years ago

March 27, 2023

Admin

Swiss engine designer WinGD on Friday (24 March) said it will supply 10X92DF-M methanol-fuelled engines to four 16,000 TEU container vessels to be built for COSCO SHIPPING Lines at COSCO Shipping Heavy Industry (Yangzhou) Co. Ltd.

These vessels will be delivered from 2025 and will feature WinGD’s first X92DF-M engines in China. This ground-breaking order was celebrated at a signing ceremony attended by the collaboration partners from COSCO and CSSC onsite at CMD on 23 March.

The methanol engines will be delivered from engine builder CSSC CMD in Shanghai, which is jointly developing the engines with WinGD. The fourth vessel in the series will be the first to have methanol engines installed from the beginning. The earlier vessels will initially have methanol-ready X92-B engines installed and will be converted for methanol before entering service.

These vessels will be among the first methanol-fuelled container vessels to be built in China and represent a significant investment in China’s green transformation strategy.

The X92DF-M engines will be based on the widely used X92-B engine, which has long been deployed by leading containership owners including COSCO SHIPPING Lines, MSC and CMA CGM. The reliability and efficiency of the X92-B will translate directly to the X92DF-M, which will utilise the same high-pressure Diesel combustion cycle.

The order enables WinGD to advance its timeline for developing conversion packages for methanol-fuelled engines. WinGD will introduce a methanol package for the X92-B engine as soon as the fourth vessel in the series is delivered – opening the market for existing vessels with X92-B engines to be converted to use the carbon-neutral fuel.

“Utilising WinGD’s engine development capabilities jointly with partners serving the world’s biggest shipbuilding market allows us to better support shipowners, as demand for methanol-fuelled container vessels rapidly grows,” said Dominik Schneiter, Vice President R&D, WinGD.

“The COSCO SHIPPING Lines order is an ideal move, helping us to strengthen our expertise in both newbuilds and conversions of methanol engines based on our well established X92-B platform which has proven to be a very reliable and efficient engine.

In parallel, WinGD is developing ammonia-fuelled engines as part of its commitment to help shipowners prepare for the availability of green fuels.

Photo credit: WinGD
Published: 27 March, 2023

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

17 hours ago

July 21, 2026

Admin

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

17 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

17 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