Business

NEDO supports Japanese firms’ methane slip reduction project for shipping

Reduction will be achieved by combining methane oxidation catalysts and engine improvements thereby further reducing the environmental impact of LNG-fuelled vessels.

Published

5 years ago

October 28, 2021

Admin

Hitachi Zosen Corporation, Mitsui O.S.K. Lines, Ltd.(MOL) and Yanmar Power Technology Co., Ltd. (YPT) on Wednesday (27 October) said they have proposed to develop a methane slip reduction technology for liquefied natural gas (LNG) fuelled vessels by improving catalysts and engines.

The Development of Next Generation Vessels Project with Hitachi Zosen as the managing company is publicly solicited by the New Energy and Industrial Technology Development Organization (NEDO) and is under the Green Innovation Fund. The proposal was adopted.

In recent years, environmental awareness, including responses to climate change, has been increasing worldwide. Against this backdrop, the shipping industry is also working on various technological and business developments to realize a low-carbon society, it states.

One of these efforts is the introduction in various parts of the world of LNG-fueled ships, which have a low environmental impact. LNG fuel has the effect of reducing carbon dioxide (CO2) emissions, but engines using LNG can be prone to the problem of methane slip, where unburned fuel is expelled in the exhaust, it states.

Reducing methane slip is a pressing issue in engine design. In this project, the partners aim to achieve a methane slip reduction rate of more than 70% for LNG-fuelled vessels over a six-year period from FY2021 to FY2026.

The reduction will be achieved by combining methane oxidation catalysts and engine improvements thereby further reducing the environmental impact of LNG-fuelled vessels.

YPT will also commission Namura Shipbuilding Co., Ltd. (Namura Shipbuilding), together with Hitachi Zosen and MOL to establish the technology to install the system developed in this research on actual ships.

The system will be installed in a coal carrier built at the Namura Shipbuilding and operated by MOL for demonstration of the methane slip reduction technology.

The partners will work to establish the technology as soon as possible with a view to utilising carbon-recycled methane in future applications, reducing greenhouse gas emissions to zero by 2050 towards realizing a carbon-neutral society.

Methane slip

A portion of the methane in LNG fuel is exhausted into the atmosphere as unburned methane. Methane has a higher greenhouse effect than CO2, and methane slip reduction is required from the perspective of greenhouse gas reduction.

MOL new 1

Yanmar crop 1

Photo credit: Mitsui O.S.K. Lines
Published: 28 October, 2021

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

11 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

11 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

11 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