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SK Incheon Petrochem launches first Korean-manufactured B30 bio bunker fuel supply

Newly launched B30 marine fuel is produced by blending the company’s Straight Run Fuel Oil, refined from ultra-light crude oil in a single process without cracking, with biofuel supplied by JC Chemical.

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SK Incheon Petrochem launches first Korean-made B30 bio bunker fuel

Energy and chemical company SK Incheon Petrochem recently announced the launch of biofuel-based marine fuel B30, marking South Korea’s first-ever production and supply of B30 marine fuel.

B30, which contains 30% bio-based raw materials, has been developed to meet the evolving sustainability needs of the maritime sector. The newly launched B30 marine fuel is produced by blending SK Incheon Petrochem’s Straight Run Fuel Oil (SRFO) with biofuel supplied by JC Chemical in a 7:3 ratio. 

This product was successfully developed to meet the international standards set by ISO 8217, following joint research with SK Innovation’s Institute of Environmental Science & Technology. The supply of B30 officially began on 26 April.

SK Incheon Petrochem launches first Korean-made B30 bio bunker fuel

The B30 blended marine fuel offers approximately 25% carbon reduction compared to conventional marine fuel, aligning with the carbon neutrality policies of the shipping industry and driving anticipated growth in demand. 

It has received official recognition for its environmental benefits and carbon reduction effects through the globally recognised International Sustainability and Carbon Certification (ISCC EU) for biofuels.

A standout feature of the B30 fuel is SK Incheon Petrochem’s SRFO, which is refined from ultra-light crude oil in a single process without cracking (decomposition). 

“Unlike blended products made from multiple raw materials, SRFO boasts higher energy output, enhanced safety, and fewer impurities, contributing to improved fuel efficiency and reduced maintenance costs for ships. The blending of SRFO with biofuel for marine fuel is the first of its kind in South Korea,” the company said. 

SK Incheon Petrochem plans to leverage its environmental and quality competitiveness to expand its footprint in the global marine fuel market, beginning with the West Sea region of Korea.

Yoon Young-ho, Head of B2B Business Office at SK Incheon Petrochem, said, “We aim to provide next-generation fuel that combines environmental benefits with superior quality to domestic and international shipping companies through a stable supply system.”

“We expect that biofuel-blended marine fuel will establish itself as a sustainable energy transition model for the shipping industry to address greenhouse gas regulations.”

 

Photo credit: SK Incheon Petrochem
Published: 5 May, 2025

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Biofuel

Cosco-controlled Piraeus Container Terminal offers biofuel bunkering services

PCT, a fully controlled subsidiary of Cosco Shipping Ports, has officially introduced biofuel bunkering services for vessels calling at the Port of Piraeus.

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Cosco-controlled Piraeus Container Terminal offers biofuel bunkering services

Cosco Shipping Europe, the regional management company of China Cosco Shipping Corporation in the European Region, on Friday (16 May) said biofuel bunkering is now available at Piraeus Container Terminal (PCT) in Greece. 

PCT, a fully controlled subsidiary of Cosco Shipping Ports, has officially introduced biofuel bunkering services for vessels calling at the Port of Piraeus – supporting customers in achieving greener, more sustainable supply chains.

After listening to customer needs, Cosco Shipping (Europe) said PCT swiftly moved into action to re-evaluate legal foundations for biofuel bunkering under ISO 8217:2024 and new Greek regulations.

It added that PCT also partnered with suppliers to provide full-service bunkering options.

 

Photo credit: Cosco Shipping Europe
Published: 19 May, 2025

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Biofuel

Hong Kong: CPN hits new record for China’s largest B24 biofuel bunkering operation

Chimbusco Pan Nation delivered 6,300 mt of B24-VLSFO in Hong Kong to boxship “XIN LOS ANGELES” on 15 May, exceeding its previous record of 5,500 mt delivered in February 2025.

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Hong Kong: CPN hits new record for China's largest B24 biofuel bunkering operation

Hong Kong-based bunker supplier Chimbusco Pan Nation Petro-Chemical (CPN) on Friday (16 May) said it has set a record for China’s largest B24 marine biofuel bunkering operation.

CPN said it delivered 6,300 metric tonnes (mt) of B24-VLSFO in Hong Kong to container ship XIN LOS ANGELES on 15 May. 

The supply exceeded CPN’s previous record of 5,500 mt delivered to the same ship in February 2025.

“This collaboration reinforces CPN’s ability to execute large-scale marine biofuel bunkering with precision and reliability,” the company said in a social media post.

“By consistently supplying large volumes of B24 marine biofuel, CPN supports reduced carbon emissions and sustainable shipping practices globally.”

Related: CPN achieves largest B24 bio bunker fuel delivery in Hong Kong and China

 

Photo credit: Chimbusco Pan Nation Petro-Chemical
Published: 16 May, 2025

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Alternative Fuels

St1 delivers first locally produced biomethane to Swedish maritime sector for bunkering

St1 and its venture St1 Biokraft delivered their own Swedish-produced liquefied biomethane to Terntank’s vessel “Tern Ocean” in a bunkering operation at Port of Gothenburg.

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St1 delivers first locally produced biomethane to Swedish maritime sector for bunkering

Finnish energy company St1 and its venture St1 Biokraft delivered their own Swedish-produced liquefied biomethane, also known as bio-LNG, to the local maritime sector for the first time, according to Port of Gothenburg on Thursday (15 May). 

Terntank’s vessel Tern Ocean was bunkered with the biomethane at the Port of Gothenburg. 

St1 and St1 Biokraft are now aiming to become large-scale suppliers of biomethane for shipping, while the Port of Gothenburg continues to pursue its goal of becoming Scandinavia’s primary bunkering hub for alternative fuels.

The bunkering operation recently carried out at quay 519 in the Port of Gothenburg was an important pilot test for St1 and St1 Biokraft as suppliers of biomethane to the maritime sector. The operation also served as a pressure test of the collaboration required across all parts of the value chain, with Terntank, gas infrastructure owner Nordion Energi, and the producers themselves all playing crucial roles.

“In order to accelerate the maritime sector’s transition, it is essential that all actors across the value chain pull in the same direction, cooperate, and translate ambitions into practice. We are pleased to have all of this in place at the Port of Gothenburg,” said Therese Jällbrink, Head of Renewable Energy at the Port of Gothenburg.

“Liquefied biomethane is an important part of the fuel palette that must be available to support the shipping industry’s transition. It is one of the fuels the Port of Gothenburg is working with within the framework of green shipping corridors, aimed at creating the conditions for fossil-free logistics chains. This bunkering operation brings us another step closer to our ambition of becoming Scandinavia’s primary bunkering hub for alternative fuels.”

St1 and St1 Biokraft have ambitions to become large-scale suppliers of liquefied biomethane for the maritime sector, with several new production facilities planned across Sweden.

In 2026, energy infrastructure company Nordion Energi will build a liquefaction facility for biomethane at the Port of Gothenburg, which will be connected to the West Sweden gas grid. With the facility in place, a new opportunity will be created for biomethane producers connected to the gas network to reach the maritime market.

“Once the liquefaction plant is completed, we will have a solid solution in place at the Port of Gothenburg. This is a strategic step towards our goal of scaling up and offering competitive liquefied biomethane to the shipping sector, thereby taking a leading position in this segment,” said Ted Gustavsson, Head of Value Chain at St1 Biokraft.

 

Photo credit: Port of Gothenburg
Published: 16 May, 2025

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