Yang Ming receives its first b24 bio bunker fuel delivery from Chimbusco Pan Nation
- Published
by Admin
Hong Kong-based marine fuel oil provider Chimbusco Pan Nation Petro-chemical Co., Ltd (CPN) on Friday (8 March) said it completed the supply of 300 metric tonnes (mt) of International Sustainability & Carbon Certification (ISCC)-EU certified B24 marine biofuel for YM INCEPTION, a containership of Yang Ming Marine Transport Corporation.
The operation, which took place on 7 March, marked a momentous event in Hong Kong for the first marine biofuel supply to Yang Ming vessels globally.
“B24 marine biofuel is a blend of 24% B100 biodiesel and Marine Fuel Oil, which significantly reduces carbon emissions and lowers its carbon footprint. Such product aligns with global efforts to combat climate change and reduces environmental impact,” CPN said in a social media post.
“CPN is committed to be the frontrunner in the transition towards more sustainable marine fuel options, and would continue to seek new collaborative opportunities to achieve broader environmental impact.”
In a separate statement, Yang Ming said the firm was taking a significant step by adopting sustainable biofuel to its fleet, starting at Hong Kong and Singapore on 7 and 8 March.
In addition to enhancing energy saving in fleet management and utilising green energy at land-based offices, the company will incorporate biofuel into its annual fuel consumption.
Yang Ming said 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, JTC, and the Far East to/from Middle East service, CGX, respectively.
In collaboration with energy providers Chimbusco Pan Nation Petro-Chemical Co., Ltd., and KPI OceanConnect, both vessels have been bunkered with B24 biofuel, certified by ISCC.
This sustainable fuel comprises a blend of Fatty Acid Methyl Ester (FAME) and Very Low Sulphur Fuel Oil (VLSFO). By embracing the biofuel, Yang Ming can achieve a substantial reduction of approximately 20% in carbon emissions compared to conventional fuel oil.
Yang Ming Chairman Cheng Cheng-Mount, said: “Confronted with future regulatory requirements and the challenges of decarbonization, the adoption of biofuel signifies a significant milestone for Yang Ming as it transitions towards achieving net-zero carbon emissions.”
“Despite the associated higher costs, Yang Ming plans to gradually expand the use of biofuel in 2024, continuing research and investment in new alternative energy sources to realise a 20% reduction in total carbon emissions by 2030 compared to the levels in 2018.”
Yang Ming also expects the delivery of five newly-built 15,500 TEU LNG dual-fuel container ships starting in 2026.
Photo credit: Yang Ming Marine Transport Corporation
Published: 11 March, 2024
