GS Caltex Singapore sells its first bio-marine gasoil bunker fuel to Maersk Oil Trading
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by Admin
GS Caltex Singapore Pte Ltd, the trading arm of South Korea’s refiner GS Caltex, has sold its first cargo of biofuel-blended marine gasoil to Maersk Oil Trading (MOT) in Singapore, according to a Reuters report on Monday (20 November).
According to Reuters, GS Caltex delivered 1,000 metric tonnes (mt) of marine gasoil blended with 24% of Used Cooking Oil Methyl Ester (UCOME) to MOT’s bunker barge on an ex-wharf basis on 8 November.
MOT has since delivered the bunker fuel, also known as B24 or bio-MGO, to its container ships at Tanjung Pelapas in Malaysia, it added.
The sale by GS Caltex Singapore is part of GS Caltex’s plans to expand its biofuels supply chain overseas.
According to the report, GS Caltex leased 10,000 cubic metres of biofuel storage tanks at Jurong Port Universal Terminal earlier this year to facilitate the blending of bio-MGO.
UCOME was blended with 0.1% MGO to produce the bio bunker fuel for ships.
Manifold Times previously reported GS Caltex announcing its collaboration with Korea’s steel company POSCO and shipbuilder H Line Shipping to reduce carbon in the shipping sector with the promotion of biofuel bunkers.
The firm also launched a pilot operation of a container ship operating on its bio bunker fuel in collaboration with Korea-based integrated logistics company HMM in Busan.
Related: Korea: HMM, GS Caltex begin pilot operation of boxship running bio bunker fuel
Related: Korea: POSCO bulk carriers to bunker GS Caltex bio bunker fuel for trial
Photo credit: Manifold Times
Published: 21 November, 2023
