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Hyundai Glovis, GoodFuels complete first biofuel bunkering of Korean-flagged PCTC

“GLOVIS SUNRISE” was refuelled with 500 MT of GoodFuels’ sustainable biofuels blend MDF1-30 during a port visit to Vlissingen (Flushing), in Netherlands, on 28 December 2022.

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Marine biofuel supplier GoodFuels on Thursday (30 March) announced the successful completion of a first biofuel bunkering in collaboration with global total logistics and distribution firm Hyundai GLOVIS. 

The bio-bunkering is the first for a Korean-flagged PCTC (Pure Car and Truck Carrier) vessel and marks a new milestone for Hyundai GLOVIS as biofuels take a central role in the company’s sustainability strategy.

The vehicle carrier GLOVIS SUNRISE was refuelled with 500 MT of GoodFuels’ sustainable biofuels blend MDF1-30 during a port visit to Vlissingen (Flushing), in the Netherlands, on 28 December 2022. The trial took place during the vessel’s voyage between Europe and the Persian Gulf, ending in late January.

GoodFuels’  sustainable biofuel is produced from feedstocks that are certified as 100% waste or residue, including processed used cooking oil and animal waste fats. It delivers a well-to-exhaust CO2 reduction of 80 to 90 percent when compared to its fossil fuel equivalent. Thanks to its “drop in” properties, the biofuel was delivered to and consumed by the GLOVIS SUNRISE without requiring any modifications to the engine or tanks.

This successful bio-bunkering demonstrates Hyundai GLOVIS’ commitment to deliver low-carbon transport solutions and is part of its global sustainability strategy. The company is committed to reducing greenhouse gas emissions from its fleet of 153 vessels, improving its capabilities for green logistics and expanding the utilisation of sustainable and renewable energy sources.

Dirk Kronemeijer, CEO of GoodFuels, said: “This first bio-bunkering in collaboration with Hyundai GLOVIS marks an exciting milestone towards decarbonised maritime transport and more sustainable supply chains. It also shows the central role that biofuels can play in reducing shipping’s carbon footprint today, as a safe, convenient and technically viable option to slash emissions from commercial vessels by up to 90%.

“We are delighted to see biofuels being adopted as a decarbonisation solution in more regions of the world, as this first bio-bunkering for a Korean vessel demonstrates. The climate emergency demands action now, and we are glad to be working with pioneers like Hyundai GLOVIS who are walking the talk of sustainable transport with concrete action.”

Tae-Woo KIM, Senior Vice President, Head of Shipping Business Division, at Hyundai GLOVIS, said: “In a fast-evolving business environment, we are committed to continuously innovate to deliver greater sustainability across our logistics and shipping activities. This means exploring a number of options to decarbonise our fleets, today and in the future. As we strive to provide efficient and sustainable maritime transportation to global automotive manufacturers, including Hyundai Motor Group, Kia, and Volkswagen, we are delighted to see the results of this biofuels trial, which shows that tangible emissions reductions can be achieved today on existing fleets. Biofuels will also play a key role in our future strategy, as we continue to develop a maritime transportation system tailored to the green supply chains of the future.”

 

Photo credit: GoodFuels
Published: 31 March, 2023

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Bunker Fuel

Singapore: Bunker fuel sales soar by 7.5% on year in June 2025

4.59 million mt of various marine fuel grades were delivered at the world’s largest bunkering port in June, up from 4.27 million mt recorded during the similar month in 2024, according to MPA.

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Singapore: Bunker fuel sales soar by 7.5% on year in June 2025

Sales of marine fuel at Singapore port increased by 7.5% on year in June 2025, according to Maritime and Port Authority of Singapore (MPA) data.

In total, 4.59 million metric tonnes (mt) (exact 4,594,700 mt) of various marine fuel grades were delivered at the world’s largest bunkering port in June, up from 4.27 million mt (4,274,900 mt) recorded during the similar month in 2024.

Deliveries of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in June (against on year) recorded respectively 1.70 million mt (+8.6% from 1.56 million mt), 2.31 million mt (-7.2% from 2.33 million mt), 1,900 mt (from zero), 4,500 mt (-88% from 8,000 mt) and zero (from zero).

Singapore: Bunker fuel sales soar by 7.5% on year in June 2025

Bio-blended variants of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in June (against on year) recorded respectively 38,800 mt (+671.7% from 2,500 mt), 114,300 mt (+97.9% from 45,400 mt), zero (from zero), zero (from zero) and zero (from zero). B100 biofuel bunkers, introduced in February this year, recorded 1,000 mt of deliveries in June.

LNG and methanol sales were respectively 55,400 mt (-7.8% from 51,700) and zero (from zero mt). There were no recorded sales of ammonia for the month and so far in 2025.

Related: Singapore: Bunker sales volume raises to year record high of 4.88 million mt in May
Related: Singapore: Bunker fuel sales increase by 4% on year in April 2025
Related: Singapore: Bunker fuel sales increase by 0.5% on year in March 2025
Related: Singapore: Bunker fuel sales down by 8.1% on year in February 2025
Related: Singapore: Bunker fuel sales down by 9.1% on year in January 2025

A complete series of articles on Singapore bunker volumes reported by Manifold Times tracked since 2018 can be found via the link here.

 

Photo credit: Maritime and Port Authority of Singapore
Published: 15 July 2025

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Alternative Fuels

ITOCHU orders world’s first ammonia bunkering vessel for Singapore demonstration project

Company contracted Sasaki Shipbuilding to build the 5,000 m3 vessel and Izumi Steel Works to construct an ammonia tank plant that will be loaded onto the vessel, which is expected to be delivered in 2027.

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ITOCHU orders world’s first ammonia bunkering vessel for Singapore demonstration project

ITOCHU Corporation (ITOCHU) on Monday (14 July) announced that it recently signed a shipbuilding contract for the construction of a 5,000 m3 ammonia bunkering vessel with Sasaki Shipbuilding. 

The company also announced an agreement regarding the construction of an ammonia tank plant that will be loaded onto the vessel with Izumi Steel Works. 

These agreements were signed by Clean Ammonia Bunkering Shipping Pte Ltd (CABS), a wholly owned Singapore-based specific purpose company of ITOCHU. 

In relation to this, CABS has concluded a financing agreement with The Hiroshima Bank for financing a part of purchase price of the vessel.

The agreements were concluded to pursue the Demonstration Project for Bunkering Ammonia as Marine Fuel in Singapore adopted by the Ministry of Economy, Trade and Industry in Japan as part of the Global South Future-oriented Co-Creation Project (large-scale demonstration in ASEAN member states). 

Going forward, with an eye toward the demonstration of ammonia bunkering in Singapore after building the world’s first newbuilding ammonia bunkering vessel, ITOCHU said efforts will be made to facilitate concrete discussions with the maritime stakeholders, including the port authority in Singapore, the Maritime & Port Authority of Singapore (MPA), and the fuel producers, while obtaining support from the Japanese Government.

The vessel is to be flagged under the Singapore Registry and is expected to be delivered in September 2027.

ITOCHU will establish a safe offshore bunkering operation of ammonia as marine fuel by way of ship-to-ship transfer through the development and construction of the vessel and demonstration. 

Then, by utilising the vessel, ITOCHU will establish connection between the first movers in clean ammonia production and the first movers in the ammonia-fueled vessels and secure initial demand for ammonia as marine fuel, aiming at the commercialisation of ammonia bunkering business in Singapore and expansion of similar business model to major maritime transportation points around the world, including Spain (Strait of Gibraltar), Egypt (Suez Canal) and Japan.

 

Photo credit: ITOCHU Corporation
Published: 15 July 2025

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Biofuel

Chimbusco Pan Nation delivers first B30-MGO bio bunker fuel blend supply in Hong Kong

The supply, delivered to Orient Overseas Container Line, represents the first time OOCL has received this fuel blend in the region; operation also included a simultaneous delivery of B30-HSFO.

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Chimbusco Pan Nation delivers first B30-MGO bio bunker fuel blend supply in Hong Kong

Hong Kong-based marine fuel oil supplier Chimbusco Pan Nation Petro-Chemical (CPN) on Friday (11 July) announced the first-ever delivery of a B30-Marine Gasoil (B30-MGO) which consists of 30% biodiesel and 70% Marine Gasoil (MGO), in Hong Kong. 

The supply, delivered to Orient Overseas Container Line (OOCL), represents the first time OOCL has received this fuel blend in the region.

In addition to the B30-MGO, this operation included a simultaneous delivery of B30-High Sulphur Marine Fuel Oil.

“This delivery, completed on 11 July, solidifies CPN’s leadership in advancing green fuel solutions in East Asia. Being the first bunker supplier in the region capable of providing all grades of ISCC-EU Certified marine biofuel, including marine fuel and gas oil, CPN demonstrates its commitment to supporting the maritime industry’s transition to sustainable energy,” the company said on its website. 

 

Photo credit: Chimbusco Pan Nation Petro-Chemical
Published: 15 July, 2025

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