Chimbusco Pan Nation completes B24 biofuel bunkering op for COSCO in Hong Kong

Hong Kong-based marine fuel oil supplier Chimbusco Pan Nation Petro-chemical Co Ltd (CPN) on Thursday (16 May) said it completed the first B24 high-sulphur bio bunker fuel supply operation for COSCO Shipping Holdings Co., Ltd. (COSCO) in Hong Kong.

On 13 May, the firm supplied over 4,300 metric tonnes (mt) of ISCC-EU certified B24 high-sulphur marine biofuel to COSCO NETHERLANDS, a container vessel operated by COSCO.

B24 marine biofuel is a blend of 24% B100 biodiesel and marine fuel oil, which significantly contributes to reducing carbon emissions and promoting environmental sustainability.

“The B24 biofuel supply operations is an achievement that highlights CPN’s dedication to sustainable development,” the firm said.

CPN said it has established a dedicated taskforce since 2021 to conduct research on alternative fuels, including marine biofuel, which aimed at contributing to a more sustainable shipping industry, and completed supplying B24 marine biofuel to more than ten ocean-going vessels. 

“Compared to conventional marine diesel, B100 biodiesel can reduce carbon emissions by at least 84%, showcasing significant potential for carbon reduction in the global shipping industry,” it added. 

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Disclaimer: The above article published by Manifold Times was sourced from China’s domestic market through a local correspondent. While considerable efforts have been taken to verify its accuracy through a professional translator and processed from sources believed to be reliable, no warranty is made regarding the accuracy, completeness and reliability of any information.

Photo credit: Manuel Hernández / MarineTraffic
Published: 17 May 2024