Hapag-Lloyd announced on Monday (3 February) it is bunkering biofuels to reduce the carbon dioxide (CO2) emissions generated by operating ships.
One of its ships recently refuelled in Rotterdam with a new, eco-friendly biofuel.
The Montreal Express is being powered by so-called “B20” fuel, which consists of 80% low-sulphur fuel oil and 20% biodiesel based on cooking oils and fats that had previously been used in the food service/catering industry. The biodiesel generates up to 90% less CO2 emissions than conventional fuels.
“By the end of this year, we want to have reduced our specific CO2 emissions by 50% compared to the reference year 2008. Biofuels like ‘B20’ can help us reach this target. This is because, in addition to having a low sulphur content, the fuel also emits less climate-damaging CO2 during combustion,” explains Jörg Erdmann, Senior Director Sustainability Management.
Hapag-Lloyd intends to use the test run with the Montreal Express, which operates in the St. Lawrence Coordinated Service 2 (AT 2) between Europe and Canada, to gain experience and information on the properties of the fuel in real-world use.
“We are checking to see whether the share of biodiesel has any adverse effects on the equipment and the fuel processing on board the vessel. If the test is successful, more ships from Hapag-Lloyd’s fleet could operate using the ‘B20’ fuel in future,” adds Jan Christensen, Senior Director Purchasing & Supply at Hapag-Lloyd.
Photo credit: Hapag Lloyd
Published: 4 February, 2020
Sukumar Verma, Managing Director at Informa Connect Singapore, explains how the world’s largest bunkering event will be virtually carried out between 6 to 8 October 2020.
David John Kidd amassed losses of over SGD 1 million to Lukoil Asia Pacific Pte Ltd through multiple irregular trades with Transocean Oil over a four-month period in 2016.
Helmsman LLC lawyers discuss pausing of LC payment, what it means for parties buying ships from companies of a group affected by fraud allegations, and trafficking in spent bills of lading.
Beluga Asia has entered into a Memorandum of Agreement with Sun Marine Corporation to acquire bunker tanker M.T. MA Veronica for USD 2.45 million.
Listing of Brightoil’s shares on the Stock Exchange was cancelled on 16 March 2020, according to a written Judgement of Russell Coleman, a Judge of the Court of First Instance.
‘To this end, the Bank has shown there are grounds for suspecting the CIA Contract may be a sham / fake contract and/or was not performed,’ said CMB’s submission to the Singapore court.