In today’s rapidly evolving landscape, it is no longer a question of whether to decarbonize, but rather how to do it effectively and strategically. The imperative to reduce carbon emissions and embrace sustainability has become an indisputable reality for businesses across industries. The focus has
MOL Coastal Shipping, a group company of Japanese shipping major Mitsui O.S.K. Lines, revealed that its 499 GT coastal RoRo vessel, the Tetsuun Maru No.1, trialed the use of biofuel. The biofuel used on the vessel is made by mixing waste cooking oil derived from vegetable oils and fats in Japan with
Singapore’s port operator PSA Singapore (PSA) and compatriot shipping company Pacific International Lines (PIL) have signed a Memorandum of Understanding (MOU) to jointly develop sustainable solutions to cut carbon emissions and optimize maritime efficiency. The duo plans to work on developing a set
From early next year, energy and commodities company Vitol plans to expand the supply of biofuels in Asia with the delivery of specialized bunker barges in Singapore. Namely, the company is sending its specialized bunker barges to Singapore, and through its wholly-owned subsidiaries V-Bunkers and Vi
South Korea’s shipping major H-Line Shipping and steel giant POSCO have joined hands with compatriot refiner GS Caltex to champion carbon reduction in the maritime realm by using marine biofuel. The three companies inked a Memorandum of Understanding (MoU) on October 5, 2023 in Seoul, signaling the
Marine fuel supplier Bunker Holding has secured biofuel availability in more than 80 ports around the world.
Global independent marine energy supplier Peninsula has fixed its first biofuel deal for Shanghai-based shipowner COSCO Shipping Lines.
Spanish supplier of energy for maritime transport Cepsa has undertaken the largest supply of second-generation biofuels to date at the Port of Barcelona. The operation was conducted on a 350-meter-long containership operated by Hapag-Lloyd.
In the ever-evolving quest to decarbonize the shipping industry, ammonia has emerged as the frontrunner, while methanol, despite its current hype, plays a comparatively smaller role, according to the International Energy Agency’s (IEA) 2023 Net Zero Roadmap report. The IEA’s 2023 Net Zero Roadmap se
Denmark-based NKT has certified its cable-laying vessel (CLV) NKT Victoria to use biofuels such as hydrotreated vegetable oil (HVO) as part of its decarbonization goals. NKT reported that the certification allows the reduction of carbon footprint from the vessel’s fuel consumption by more than 98%.
Cruise shipping major Royal Caribbean Group has completed over 12 consecutive weeks of biofuel testing in Europe. The company began testing biofuels last year and expanded the trial this summer in Europe to two additional ships — Royal Caribbean International’s Symphony of the Seas and Celebrity Cru
Denmark’s tanker shipping company Uni-Tankers and marine energy solutions provider KPI OceanConnect have completed the trial of the B30 biofuel blend onboard Uni-Tankers chemical tanker.
South Korea’s flagship carrier HMM is accelerating its use of alternative fuels in line with the company’s decarbonization efforts. The company, which is currently undergoing a privatization process, has carried out a trial use of a sustainable marine biofuel on its 6,400TEU containership HMM Tacoma
Monjasa, one of the world’s top 10 marine fuels suppliers, is charting a course toward a sustainable and scalable biofuel solution for the maritime sector in Latin America. As the International Maritime Organization (IMO) sets its sights on full decarbonization of the shipping industry by 2050, drop
