Hong Kong-based container shipping company Orient Overseas Container Line (OOCL), in cooperation with marine fuel provider Chimbusco Pan Nation Petro-Chemical (CPN), has completed its first biofuel bunkering operation in Hong Kong.
This milestone in OOCL’s decarbonization strategy took place on August 16 when one of its vessels received ISCC-EU-certified B24 marine biofuel supplied by CPN.
“As the leading biofuel physical supplier in Hong Kong, CPN is proud to supply OOCL with the biofuel in this inaugural operation. This biofuel delivery reinforces CPN’s commitment to realizing eco-friendly port energy solutions and global decarbonization goals, demonstrating the determination of OOCL and CPN to reduce carbon emissions and actively contribute to green shipping,” CPN said.
OOCL decarbonization targets support the 2023 IMO Strategy on Reduction of GHG Emissions from Ships . The company is aligning with IMO’s ambitions and is committed to reaching net zero by 2050. It has also set the indicative checkpoints in 2030 and 2040 with target of at least 20%, striving for 30%, and at least 70%, striving for 80% GHG reduction respectively, compared to 2008.
The company completed a trial use of marine biofuel for the first time in its fleet in 2022. A year later, one of its containerships was bunkered with a 24 biofuel blend provided by KPI OceanConnect while docked at the Port of Singapore.
CPN has also been busy supplying biofuel to other shipping players. Earlier this month, the marine fuel supplier teamed up with Singapore-based shipping company Swire Shipping, part of Swire Group, on a sustainable B24 biofuel trial on Swire’s transpacific service .
At the beginning of 2023, CPN supplied 800 metric tons of ISCC-EU certified B24 marine biofuel to a vessel owned by Japanese shipping company NS United Kaiun Kaisha.
In November 2023, the company delivered over 2,000 metric tonnes of B24 marine biofuel to a vessel operated by Danish shipping giant Maersk.