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ZeroNorth unveils ZeroNorth Bunker for bunker planning, procurement, and analytics

Platform offers end-to-end solution for bunker decision-making with accurate real-time bunker market information and includes updated Bunker Planner software.

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Technology company ZeroNorth on Wednesday (31 August) announced the launch of ZeroNorth Bunker, an integrated solution for bunker planning, procurement, and analytics services.

By centralising the entire bunkering process in one platform, and converting millions of real-time data points into actionable insights, ZeroNorth Bunker enables data-driven decision-making across a transparent marine fuel value chain.

ZeroNorth said it is launching ZeroNorth Bunker at a critical time for customers who are facing challenges within the marine fuels supply chain, including elevated prices, increasing volatility, tightening regulation and a complex energy landscape.

With its integration with the ZeroNorth platform, ZeroNorth Bunker directly supports the critical activities of vessel, voyage, and fuel optimisation, improving earnings, cutting costs, and slashing emissions. ZeroNorth Bunker will help the shipping industry manage its energy transition in the race to adopt decarbonised solutions.

ZeroNorth Bunker’s suite of applications for planning, procuring and analysing bunker operations are modular and address the specific needs of each customer.

The Bunker Planner service provides access and delivers recommendations for where, when and how much to bunker based on multiple real time data points including bunker prices from over 100 ports. Bunker Planner utilises both historical analysis and forecasting functionality, giving customers market insights into the strength, direction, and duration of fuel market trends. 

ZeroNorth Bunker Procurement handles general bunker enquiry management from procurement to payment, including contracts, fuel tests and quality reporting and audit trails. The service helps buyers match suppliers with ports, and manages all documentation plus invoicing and claims which facilitates easier communication between master, bunker desk, and operator, and enables operators to gain full insight into their fuel costs and environmental impact.

Bunker Analytics leverages ZeroNorth’s data and domain knowledge to help customers extract valuable insight of past decisions to improve those of the future.

Søren Meyer, CEO of ZeroNorth, said: “We are proud to continue building one platform for full optimisation across the maritime value chain. Our new offering simplifies workflow, connectivity and empowers customers to achieve their financial and environmental goals. ZeroNorth will continue to lead industry transformation as we bring about our vision of green global trade.” 

Kenneth Juhls, Managing Director, ZeroNorth Bunker, added: “I am excited to launch this combined offering to our customers and the market, allowing them to benefit from integrated planning, procurement, and analytics on a single platform.”

“ZeroNorth Bunker allows companies to execute a fleet-wide bunker strategy and integrate their decision-making for what, where, when, how much and from whom to bunker with their voyage, vessel, and emissions optimisation efforts seamlessly.”

“Our ambition with ZeroNorth Bunker is to support and enable bunker buyers, suppliers and traders to digitalise their operations, reduce bunker consumption, increase earnings and, ultimately, enable the decarbonisation of the shipping industry.”

 

Photo credit: ZeroNorth
Published: 1 September, 2022

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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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RESIZED Sora Shimazaki on Pexels

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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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.

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RESIZED Drew Beamer

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.

Related: Singapore: Director declares Heng Tong Fuels & Shipping’s inability to continue business
Related: Heng Tong Fuels & Shipping in court over DBS Bank bunker tanker loan
Related: Singapore: Bunker tanker “Coastal Neptune” arrested
Related: Heng Tong Fuels & Shipping, Coastal Logistics tankers enter S&P market

 

Photo credit: Drew Beamer
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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