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Wallenius Wilhelmsen bunkers its first biofuel in Korea as part of HSFO-biofuel trial

Calling at Masan Port, South Korea, as part of its regular sailing schedule, “M/V Torrens” is the first Wallenius Wilhelmsen vessel to bunker B30 HSFO-biofuel in Korea.

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Calling at Masan Port, South Korea, as part of its regular sailing schedule, M/V Torrens is the first Wallenius Wilhelmsen vessel to bunker B30 HSFO-biofuel in Korea, the firm said on Monday (6 November). 

Wallenius Wilhelmsen said a drop-in fuel which can be used in existing engines without any modification or tank cleaning, HSFO biofuel is a HSFO blended with UCOME (bio feedstock). 

“The number of suppliers worldwide offering this particular fuel is currently very limited, and the issue is compounded by the general lack of demand for marine biofuel blending in Korea,” it said. 

Jang Hongseok, Manager Energy Sourcing, Wallenius Wilhelmsen, said: “Despite the growing demand and supply of biofuels around the world, the preparation of biofuels in Korean ports has been somewhat slow. As Korea is one of our major bunkering ports, stable biofuel supply is essential to secure flexibility of tonnage allocation, so I am pleased to have a B30 HSFO trial with GS Caltex, one of Korea's major fuel suppliers, and I hope close cooperation will continue in the future.”

A collaboration between GS Caltex Corporation and Wallenius Wilhelmsen, supply will be limited in Korea until the rules and regulations for biofuels are finalised by the authorities.

Cha Hyungmin, Team Leader of GS Caltex Biofuel team, said: “GS Caltex has paved the way for developing Bio-Marine Fuels in Korea, and we expect this B30 Bio-Marine Fuel (HSFO) trial with Wallenius Wilhelmsen will be a meaningful step for scrubber installed vessels of global shipping companies to reduce their carbon emissions when calling Korean ports. We hope to expand the relationship with Wallenius Wilhelmsen and support as a carbon reduction solution partner in Korea."

In the meantime, Wallenius Wilhelmsen is currently assessing the viability of both HSFO-biofuel blends and VLSFO-biofuel blends in the Asia region as part of its global deep-sea trade decarbonisation strategy.

Customers are increasingly looking to reduce their Scope 3 CO2 emissions by utilising biofuel. In response, Wallenius Wilhelmsen has pioneered a new Reduced Carbon Freight Service and will issue declarations, verified by a third-party accreditor of reduced CO2 emissions to customers who have purchased the new offer.

Customers using the Reduced Carbon Freight Service will typically be able to reduce their Scope 3 CO2/GHG emissions in their supply chains, by approximately 20-25% using B30 biofuel compared with VLSFO/HSFO on a fuel lifecycle.

Photo credit: Wallenius Wilhelmsen
Published: 7 November, 2023

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Biofuel

Wallenius Wilhelmsen successfully completes its first biofuel bunkering trial in Japan

“M/V Tamesis” bunkered 400 metric tonnes of B24 VLSFO blended biofuel, supplied by Mitsubishi Corporation Energy at Port of Yokohama.

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Wallenius Wilhelmsen successfully completes its first biofuel bunkering trial in Japan

Wallenius Wilhelmsen on Monday (17 February) said it has successfully completed its first biofuel bunkering trial at the Port of Yokohama in Japan.

M/V Tamesis bunkered 400 metric tonnes (mt) of B24 VLSFO blended biofuel, supplied by Mitsubishi Corporation Energy. 

This milestone is part of Wallenius Wilhelmsen’s ongoing efforts to reduce its environmental impact and promote sustainability in shipping.

“As part of our commitment to reducing greenhouse gas emissions, we have expanded our locations for biofuel supply. Since 2023, the expansion has included key ports in Belgium, Korea and Singapore,” the company said.

“Expanding to Japan enhances our ability to operate more efficiently and sustainably across our global network.”

Wallenius Wilhelmsen has set ambitious emission reduction targets to reach net-zero by 2040. This includes a 40% absolute reduction of well-to-wake greenhouse gas emissions by 2030 compared to our 2022 baseline, as approved by the Science Based Targets initiative.

Yasuyuki Sakurai, Senior Manager, the Orcelle Accelerator taskforce at Wallenius Wilhelmsen, said: “Achieving these targets require a major shift in energy sources from conventional fuels to low and zero-carbon alternatives. Expanding supply locations and securing sufficient biofuels remain a priority, and we are pleased to have conducted our first B24 VLSFO blended biofuel bunkering trial in Yokohama.”

“While our Reduced Carbon Service customers fully support our mass-balance concept, ensuring sufficient biofuel usage across our entire fleet and trade lanes is key to achieving our long-term sustainability goals.”

Mitsuo Ueda, General Manager of Mitsubishi Corporation Energy, said: “In anticipation of growing demand for biofuel in the marine sector, we have begun storing biofuel at our oil terminal in Onahama (Fukushima Prefecture) and supplying B24 in Tokyo Bay using our barges.:

“We deeply admire Wallenius Wilhelmsen’s leadership in the decarbonisation of the shipping industry and remain committed to playing our part in creating a more sustainable future. We will continue striving to meet industry needs through a stable supply of biofuels and contribute to the realisation of a carbon-neutral society.”

This milestone was achieved through close collaboration between Wallenius Wilhelmsen’s Energy Sourcing team and the Orcelle Accelerator taskforce, which has worked for the past two years to establish biofuel bunkering capabilities in Japan.

 

Photo credit: Wallenius Wilhelmsen
Published: 18 February, 2025

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Bunker Fuel

Fratelli Cosulich acquires 62% controlling stake in FEMO Bunker

Firm announced the strengthening of its stake in FEMO Bunker shares, a company specialising in bunker trading for the yachting sector.

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Fratelli Cosulich acquires 62% controlling stake in FEMO Bunker

The Fratelli Cosulich Group on Monday (17 February) announced the strengthening of its stake in FEMO Bunker shares, a company specialising in bunker trading for the yachting sector. 

The operation brings the Group's controlling stake to 62% of the share capital.

FEMO Bunker, established in 2000 and led by its CEO and shareholder Ugo Pastorino, offers fuel supply services for yachts and ships.

With a turnover over EUR 70 million (USD 73.2 million) and a team of 9 professionals, Fratelli Cosulich said FEMO Bunker is positioned as a leading player in the market. 

“This operation fits perfectly into the Group's strategy of expanding and consolidating services in the Yachting sector,” said Tomaso Moreno, CEO of Yachting for the Group. 

“In a constantly evolving market like that of Yachting, it is essential to be able to count on reliable and competent partners like FEMO Bunker is.”

This corporate development will allow FEMO Bunker to benefit from increased synergies with the Group's other companies. To date, the company has successfully integrated its commercial offer with Pesto SEA Group and Catalano activities in the Mediterranean and global markets, thereby strengthening its offer and market positioning. 

"We strongly believe in the potential of FEMO Bunker and its key role in the energy transition of the maritime sector,” said Timothy Cosulich, CEO of Marine Energy for the Fratelli Cosulich Group. 

“With this operation, we confirm our commitment to investing in solutions for the future of the Group”.

In line with its dedication to innovation and sustainability, the company has expanded its activities in the supply of alternative fuels. Following the first HVO delivery, several others have taken place, with sales to yachts in multiple countries worldwide. In addition to Italy, FEMO Bunker has supplied HVO in Spain, France, and Florida in recent years. 

Furthermore, the company is actively engaged in the supply of another alternative fuel. With methanol delivery that already happened in La Spezia, FEMO Bunker is now developing procedures to extend methanol supply to other ports across Italy. In this area, the company is refining strategic collaborations with key players in the yachting industry.

 

Photo credit: FEMO Bunker
Published: 18 February, 2025

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Biofuel

Singapore: Petrobras completes inaugural sale of B24 biofuel blend in Asia

Brazilian state-controlled oil and gas producer Petrobras made its first sale of VLSFO with 24% renewable content (B24) in the Asian bunker market to Singapore bunker supplier Golden Island.

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Petrobras

Brazilian state-controlled oil and gas producer Petrobras recently made its first sale of VLSFO (Very Low Sulfur Fuel Oil) with 24% renewable content (B24) in the Asian bunker market. 

The bunker fuel was sold to Singapore bunker supplier Golden Island. Petrobras said the fuel will be delivered in February. 

The product, sold by Petrobras Singapore, was formulated using a blend of 76% mineral fuel oil, predominantly sourced from Petrobras refineries, and 24% UCOME, a biofuel derived from the processing of used cooking oil (UCO) purchased locally. 

Petrobras Singapore holds the ISCC EU certification, which guarantees that its product meets the strict sustainability criteria that accompany the biofuel logistics chain involved in the process.

For the formulation, Petrobras used the facilities of the Jurong Port Universal Terminal, where it has a lease agreement for fuel oil and B24 tanks. The bunker supply operation with renewable content follows the same operational protocol adopted for 100% mineral bunker, mostly through the use of smaller vessels, where the product is loaded at the terminal and delivered to the consumer ship.

“The commercialisation of VLSFO with 24% renewable content in the Asian market is aligned with Petrobras' strategy of developing new products towards a low-carbon market, innovating to generate value for the business, and enabling solutions in new energies and decarbonization”, said Petrobras' director of Logistics, Commercialisation and Markets, Claudio Schlosser.

 

Photo credit: Petrobras
Published: 17 February, 2025

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