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Biofuels News

23 Apr 2024

Carras Secures ABS' First Biofuel Notation for Aquataurus Bulk Carrier

(Credit: Carras (Hellas))

Greek shipping company Carras (Hellas) has received the ABS Biofuel-1 notation for its Aquataurus ultramax bulk carrier, the first vessel in the world to qualify.The notation is assigned to vessels that use a biofuel blend of up to and including 30% biofuel in compliance with IMO and ABS requirements.Biofuels are liquid hydrocarbon fuels with similar composition and properties to fuel oil, but they are produced from renewable sources such as crops, agricultural and forestry waste…

11 Apr 2024

Singapore Marine Biofuel Premiums Drop Further on Soft Demand

© Adwo / Adobe Stock

Spot marine biofuel premiums have weakened further at the world's largest bunker hub Singapore, weighed by slow demand, market sources said this week.Premiums for the flagship B24 marine biofuel blend recently traded between $120 to $130 a metric ton over 0.5% low sulphur fuel oil quotes, on a delivered Singapore basis, according to sources from bunker suppliers, trading firms and shipowners.The premiums extended declines from early first quarter when the product traded down to about $140 a ton…

11 Mar 2024

Yang Ming Starts Using Biofuel

Source: Yang Ming

Yang Ming Marine Transport is adopting sustainable biofuel for its fleet, starting at Hong Kong and Singapore, and will now incorporate biofuel into its annual fuel consumption on an on-going basis.The adoption of biofuel began with Yang Ming’s 1,805 TEU class container ship, YM Inception, and 6,600 TEU class container ship, YM Masculinity. These vessels are currently deployed on the Japan to/from Taiwan, Hong Kong, Vietnam and Thailand service and the Far East to/from Middle East service…

22 Feb 2024

Vitol Bunkers Receives its First Biofuel Barge in Asia

Marine Future biofuel bunker barge (Credit: Vitol Bunkers)

Vitol Bunkers has taken delivery of the Marine Future vessel, its first specialized biofuel bunker barge in Singapore.The addition of this specialized IMO type 2 notation bunker tanker to the V-Bunkers fleet will make it possible to supply biofuel blends including B24, B30 and up to B100, depending on customer specifications.Built in China, Marine Future is 102.6m in length and has the capacity to carry about 7,000 MT of biofuels.The current fleet of bunker tankers in Singapore are classified as ‘oil tankers’ and are therefore restricted to a maximum of 25% bio component in biofuel blends.

21 Feb 2024

KR Verifies HMM’s GHG Reduction Calculation Methodology

Song Kanghyun (left), Head & Senior Vice President of KR’s DecarbonizationㆍShip R&D Center, and Kim Shin (right), Chief Container Business Officer of HMM.

KR has awarded a third-party verification certificate for a “Greenhouse Gas Reduction Calculation Methodology” developed by HMM, South Korea’s largest shipping company.The methodology is based on the Renewable Energy Directive II, a regulatory framework adopted by the EU to promote the use of renewable energy to all member states.The greenhouse gas reduction methodology verified by KR involves calculating the amount of reduced greenhouse gases (GHG) based on the fuel's life cycle emissions (WtW…

01 Feb 2024

European Ethanol Producers Challenge EU Maritime Legislation

© Grecaud Paul / Adobe Stock

European renewable ethanol producers have launched a legal challenge to the EU’s FuelEU Maritime Regulation on the grounds that it fails to properly recognise the proven benefits of sustainable crop-based biofuels and has therefore violated several key EU legislative procedures.Companies representing nearly all of the EU’s production of renewable ethanol are seeking to annul a section of the legislation that considers crop-based biofuels to have the same emission factors as the least favourable fossil fuel pathway.

30 Jan 2024

NYK Starts Construction of Biofuels Test Facility for Maritime Use

Groundbreaking ceremony for NYK's biofuels test facility (Credit: NYK Group)

Japanese shipping major NYK Group has marked the start of construction of a test facility that will serve to assess the safety of biofuels and accelerate their practical application as marine fuels.NYK plans to complete the installation of the test engine in June and analyze the biofuel in combustion tests over the next three years.The test engine will be a reused generator from the tugboat Sakigake, which is currently being converted to an ammonia-fueled tug, according to NYK.NYK companies Boltech.

25 Jan 2024

NYK Sets Out Plans for Full-Scale Biofuels Trials in 2024

Frontier Jacaranda, a bulk carrier that conducted a short trial of biofuels in 2021 (Credit: NYK)

Japanese shipping company NYK has unveiled plans to conduct full-scale trials of long-term use of biofules for its existing heavy oil-fired vessels starting from 2024.Considered to have net-zero CO2 emissions, biofuels are produced from biological sources (biomass), such as waste cooking oil. Usable in heavy oil-fired engines, biofuels are considered to be one of the critical solutions to reducing greenhouse gas (GHG) emissions.In this trial, NYK will use biofuel continuously for three months on multiple vessel types.

30 Nov 2023

Vale’s First Bulk Carrier Biofuel Trial Commences

Source: Oldendorff Carriers

Vale, working in partnership with Oldendorff Carriers, has just commenced its first biofuel voyage on a bulk vessel.The trial is taking place on an Oldendorff vessel performing a laden Vale voyage from Brazil to Asia, carrying a full cargo of iron ore.The Hinrich Oldendorff (209,113 deadweight built 2016) loaded the biofuel in Singapore on October 16 on the ballast voyage to Brazil. The vessel then loaded Vale’s iron ore on November 28 at Guaiba Island Terminal and will consume…

07 Nov 2023

Oldendorff and MIT Report on Biofuel Contamination Study

Dr. Patricia Stathatou courtesy of Oldendorff Carriers

In 2019, Oldendorff Carriers signed a research agreement with the Massachusetts Institute of Technology’s (MIT) Center for Bits and Atoms to investigate disruptive improvements in ship design, propulsion, and alternative energy sources to help achieve the enhanced decarbonization targets to 2050. As part of their agreement, Oldendorff Carriers asked MIT to conduct a study on the long-term stability and degradation of a B20 advanced biofuel blend.Biofuels offer a drop-in fuel option, reducing GHG emissions from a life-cycle perspective.

07 Nov 2023

Wallenius Wilhelmsen Bunkers First HSFO-Biofuel in Korea

(Photo: Wallenius Wilhelmsen)

The world's largest RoRo shipping company Wallenius Wilhelmsen reports its vessel Torrens is the first to bunker B30 HSFO-biofuel in South Korea. The bunkering took place during a call at Masan Port as part of the vessel's regular sailing schedule.A drop-in fuel that can be used in existing engines without any modification or tank cleaning, HSFO biofuel is a HSFO blended with UCOME (bio feedstock). The number of suppliers worldwide offering this particular fuel is currently very limited…

05 Oct 2023

Stolt-Nielsen Confirms Strong Third Quarter

Source: Stolt-Nielsen

Stolt-Nielsen Limited has reported unaudited results for the third quarter ending August 31, 2023 including a net profit of $90.1 million with revenue of $694.4 million.This compares with a net profit of $8.3 million, with revenue of $721.9 million, in the second quarter of 2023. The second quarter included an incremental loss provision of $155.0 million (net profit impact of $105 million) related to the loss of the MSC Flaminia after a fire onboard in 2012.The net profit for the nine months of 2023 was $198.2 million with revenue of $2…

12 Sep 2023

IMO Provides Interim Guidance on Biofuels in Relation to CII

© Scanrail / Adobe Stock

The 80th session of the IMO’s Marine Environment Protection Committee (MEPC 80), held in July 2023, has approved the interim guidance on the use of biofuels.This is in relation to assigning CO2 Emission Conversion Factor (Cf) under the Carbon Intensity Indicator (CII) regulations and when reporting fuel consumption to the IMO Data Collection System (IMO DCS).Flag States are encouraged to apply the interim guidance on use of biofuels under regulations 26, 27 and 28 of MARPOL Annex…

21 Aug 2023

NYK Tests Biofuels on Australian Voyage

Source: NYK

Nippon Yusen Kabushiki Kaisha (NYK), NYK Group’s Asahi Shipping, and Kobe Steel have announced a successful trial run of biofuels on a voyage between Japan and Australia.The companies supplied biofuel via ship-to-ship transfer to the bulk carrier Sunrise Serenity at the port of Kobe in Japan. The vessel was supplied with biofuel by Toyota Tsusho Marine Fuels Corporation and then sailed to the port of Newcastle, Australia.The vessel is operated and managed by Asahi Shipping and…

16 Aug 2023

ScanOcean First to Sell Neste’s Marine Fuel in Sweden

Source: Neste

Neste and ScanOcean have brought Neste’s marine fuel enabling lower GHG emissions to the Swedish market. The first shipment of nearly 600,000 liters (500 metric tons) is now available at the Södertälje terminal for vessels bunkering in the Stockholm area as well as those in transit to Lake Mälaren. ScanOcean already has several interested clients.Neste Marine™ 0.1 Co-processed produced by Neste is a low-sulphur marine gas oil where some crude oil is replaced with renewable raw materials.

09 Aug 2023

DB Schenker Decarbonising Logistics Chain with Biofuels

Source: Hapag-Lloyd

Hapag-Lloyd has entered into a partnership with logistics provider DB Schenker to decarbonise supply chains through the use of biofuels.The two companies have signed an agreement for emission-reduced container transports with a waste- and residue-based biofuel. By end of 2023, DB Schenker plans to claim approximately 3,000 metric tonnes of carbon dioxide equivalent (CO2e) emissions avoidance. This is based on at least 1,000 tonnes of pure biofuel.Hapag-Lloyd launched the Ship Green product to offer its customers emission-reduced ocean transports.

02 Aug 2023

Norden Buys Stake in Biofuels Company Mash Makes

(Photo: Norden)

Danish shipping company Norden on Wednesday announced it has acquired a minority stake in Mash Makes, a Danish-Indian biofuel scale-up, which researches, develops and produces renewable fuels from biomass waste.Under the deal, Norden—which operates a fleet of tankers and bulk carriers—secures access to renewable fuels, specifically biooil, at favorable pricing, the company said, noting it will also benefit from future renewable biooils once developed.“We cannot rely solely on…

20 Jul 2023

Ex-McDonald's in Russia Feeds Waste Cooking Oil to Fuel Gazprom Neft's Vessels

©Вера Тихонова/AdobeStock

Russia's successor to McDonald's has teamed up with energy company Gazprom Neft to fuel marine vessels with biofuel produced using waste cooking oil an effort to lower their carbon footprints, the companies said on Thursday.Russia has said it was still committed to its climate targets despite the deepest political rift with the West in decades. Biofuels are widely considered to be less harmful in terms of emissions than conventional fuels.Gazprom Neft's bunkering business subsidiary…

05 Jul 2023

Volvo Cars Switches to Biofuels for Ocean Freight

Source: Volvo Cars

Volvo Cars has announced that it is switching delivery of its production material to container ships using renewable biofuel.The company will use renewable fuel for inbound ocean container transport of production material destined for manufacturing plants based in Europe and the Americas, as well as all spare parts distribution made globally by ocean container transport.Volvo Cars says that it is the first global car maker to announce such a switch which will achieve an immediate reduction in fossil CO2 emissions from intercontinental ocean freight by 55,000 tonnes a year.

28 Jun 2023

UECC Trials Biofuels

Source: GoodFuels

Ship operator United European Car Carriers (UECC) has bunkered sustainable biofuel for the first time in collaboration with GoodFuels and vessel owner NYK.GoodFuels delivered the B30 blend, 470 tonnes of VLSFO and sustainable biofuel, to time-chartered Emerald Leader in the port of Vlissingen in May. NYK, joint owner of UECC, is working closely with UECC to monitor the biofuel's performance.The use of sustainable biofuel on the Emerald Leader, which operates on UECC's North South Trade connecting the Eastern Mediterranean with Northern Europe…

06 Jun 2023

Threat to Whales Complicates US Research into Seaweed for Biofuel

© Tony / Adobe Stock

In Cape Cod Bay, 10-year-old Pilgrim and her calf skim the water's glassy surface alongside the Shearwater research vessel to feed on tiny crustaceans.The two are among the last surviving 340 or so North Atlantic right whales left migrating along the U.S. East Coast – down from 480 right whales in 2010.The biggest threats they face include being struck by passing ships or getting entangled in ropes used for lobster fishing off the U.S. East Coast - scientists have recorded 98 such injuries or deaths of whales since 2017.Now, the whales face another threat as the U.S.

05 Jun 2023

Shipping's Uptake of Biofuels Likely to be Challenged by Scarcity of Supply

Source: DNV

DNV's latest white paper “Biofuels in shipping” finds that the flexibility of biofuels can enable the shipping industry to accelerate its journey towards decarbonization, but current limitations in production capacity may impact short-term supply and create stiff competition with other sectors.The current global production capacity of sustainable biofuels is around 11 million tonnes of oil equivalent (Mtoe) per year. DNV estimates that the limit for the global sustainable and economical biofuel potential lies between 400 – 600 Mtoe per year in 2030…

10 May 2023

Toyota Tsusho Establishes Biofuel Supply in Japan

The car carrier Toyofuji Maru (Toyofuji Shipping) and bunkering ship Shozan (Toyota Tsusho)

Toyota Tsusho and subsidiary Toyotsu Energy have launched Japan's first continuous, commercial supply of biodiesel blended fuel at the Port of Nagoya.Toyotsu Energy is supplying Toyofuji Shipping's car carrier Toyofuji Maru after earlier conducting ship-to-ship bunkering trials.Toyota Tsusho, in cooperation with Daiseki Eco. Solution, is procuring waste cooking oil collected from the employee cafeterias and other facilities of Toyota Group and Toyota Tsusho Group companies, which…