Singapore: Nunchi Marine obtains ISCC EU certification for second year running
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Singapore-headquartered independent oil cargo and bunker trading company Nunchi Marine has renewed its International Sustainability & Carbon Certification (ISCC) EU certificate in May 2024, learned bunkering publication Manifold Times.
ISCC is a globally applicable sustainability certification system covering all sustainable feedstocks, including agricultural and forestry biomass, biogenic wastes and residues, circular materials and renewables.
ISCC EU certification verifies compliance with legal requirements for the sustainability and greenhouse gas (GHG) emissions savings criteria for sustainable fuels and the production of electricity, heating and cooling from biomass set out in the renewed Renewable Energy Directive (REDII) for all Member States of the European Union.
“We are pleased to announce that Nunchi Marine has successfully obtained the ISCC EU certification for the second year running,” said Ben-son, Chief Operating Officer, Nunchi Marine.
“The ISCC EU certification is a rigorous process that evaluates various aspects of a business’ operations, including the origin of its raw materials, production process, and the social and environmental impact of its activities.
“This certification is a testament to our commitment to upholding environmental, social, and traceability standards in our operations. We recognise the importance of sustainable practices and strive to minimise our impact on the environment. We will continue to prioritise sustainability and environmental stewardship in all aspects of our business.”
With IMO 2030 approaching, Ben-son noted that the ISCC EU certification will additionally support Nuchi Marine’s international commercial activities which includes global supply, trading and logistics for products including feedstocks, fuels and refined petroleum products such as gasoline, gasoil, naphtha and other heavy fuels.
“Our team of professionals handles transactions of an average of 2 million barrels per month. Products are sold to our group of majors, physical suppliers, international traders, refineries, shipping companies, bunker traders and exported to countries within the Asia-Pacific region,” he explained.
“Due to IMO 2030/2050, this group of clients has also now placed increased emphasis on achieving sustainable operations. ISCC EU certification will allow our company to walk in the same stride as them.”
Nunchi Marine provides bunkering services for most Asian ports and the region. It offers marine distillate fuels which include marine gas oil (MGO) and marine diesel oil (MDO) as well as various marine residual fuel grades such as intermediate fuel oil (IFO), high sulphur fuel oil (HSFO), very low sulphur fuel oil (VLSFO) and ultra-low sulphur fuel oil (ULSFO) in addition to cargoes of crude, naphtha, gasoline and bitumen at ports.
Related: Nunchi Marine expands bunkering operations to EMEA with appointment of Sales Representative
Photo credit: International Sustainability & Carbon Certification (ISCC)
Published: 24 May 2024
