Hercules Tanker Management vessel “Mount Kibo” takes on B30 bio bunker fuel
- Published
by Admin
Hercules Tanker Management (HTM) on Tuesday (29 April) announced that its tanker Mount Kibo has been successfully supplied with B30 bunkers by tanker Hercules Sky, another HTM-owned vessel which is operated by Peninsula.
The operation marked the first biofuel supply to the HTM fleet.
HTM is the shipping venture launched last September by John A. Bassadone, founder and CEO of independent marine fuel supplier Peninsula.
HTM said the operation carried out in the Strait of Gibraltar aligns with the recent discussions at MEPC 83, where key decisions were made to advance maritime decarbonisation, including new fuel standards and a global pricing mechanism for emissions.
“Additionally, this initiative supports the objectives of the FuelEU Maritime Regulation, which promotes the use of renewable, low-carbon fuels and clean energy technologies for ships,” it said.
“By utilising biofuels, we are contributing to the reduction of greenhouse gas emissions and supporting the industry’s transition towards cleaner energy solutions.”
Related: Peninsula founder launches shipping firm Hercules Tanker Management
Related: Peninsula “Hercules Sky” to supply biofuel bunkers in Gibraltar Strait
Photo credit: Hercules Tanker Management
Published: 30 April, 2025
