Business

ZeroNorth appoints Soren Andersen as new CEO to lead next phase of growth

Soren Meyer will step down as CEO with the Board announcing the appointment of Soren Andersen, an executive with a record of scaling maritime software and service companies.

Published

6 months ago

January 22, 2026

Admin

Maritime technology solutions provider ZeroNorth A/S on Wednesday (21 January) announced a leadership transition as it prepares for its next phase of development and profitable growth.

Since its founding about five years ago, ZeroNorth has rapidly established itself as an industry frontrunner, servicing 6,000 vessels, with a global presence with offices in six locations, and a talented workforce of 550 people.

As ZeroNorth enters a new stage of growth, the Board of Directors, in collaboration with Soren Meyer, has determined that the company’s evolving focus requires a new CEO profile.

Accordingly, Soren Meyer will step down as CEO, and the Board announced the appointment of Soren Andersen, an executive with a record of scaling maritime software and service companies as well as 25 years of experience from the shipping industry.

Soren Andersen joins ZeroNorth following successful tenures as CEO of Unimed Maritime Solutions and StormGeo, both scale-up companies, with StormGeo being a maritime software and service company like ZeroNorth.

At StormGeo, Soren Andersen secured profitable growth and established himself as a leader renowned for developing organisations and delivering results through his teams. His deep sector expertise, combined with hands-on experience in fleet management and implementing fleet-wide fuel and CO2 reduction initiatives, positions him ideally to guide ZeroNorth through its next chapter.

Christian Ingerslev, Chair, ZeroNorth, said: “On behalf of the Board of Directors, I am delighted to welcome Soren Andersen to ZeroNorth. With a proven track record of leading scale-up companies with a clear focus on customer value, combined with his deep sector knowledge, he is an excellent addition to our team.

“I would also like to express our gratitude to Soren Meyer for his visionary leadership in developing ZeroNorth from an idea into a profitable market leader servicing 6,000 vessels and with 550 employees. Achieving such success in a start-up environment is no small feat.”

Soren Andersen, incoming CEO, said: “ZeroNorth is born digital, which puts the company in a unique position to support the shipping industry through the significant technological, political and regulatory changes the industry is facing.

“With a strong product offering and one of the largest internal development engines in the industry, ZeroNorth is a highly attractive partner for shipping companies focused on leadership within efficiency and AI. I’m honoured that the Board of Directors has chosen me to lead ZeroNorth after Soren Meyer’s impressive work taking the company to what it is today.”

Soren Meyer, CEO, ZeroNorth, said: “I am incredibly proud of how far we have come with ZeroNorth and deeply grateful for the journey. It has been a joy working alongside such inspiring and talented people.

“My heartfelt thanks go out to our customers and partners for putting their trust in our vision to make global trade green and supporting us every step of the way. As I hand over the baton of leading ZeroNorth, I want to wish Soren and the team all the very best in this next chapter.”

Photo credit: ZeroNorth
Published: 22 January, 2026

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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

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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

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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