Banle Energy launches its first biofuel bunkering operation in Hong Kong
In Hong Kong, Banle Energy International Limited, a subsidiary of CBL International Limited, partnering with ASB Biodiesel Limited and Seven Seas Oil Limited completed its first B24 biofuel bunkering operation in Hong Kong.
Teck Lim Chia, Banle Energy’s Chief Executive Officer and Chairman, said: “B24 biofuel bunkering operation in Hong Kong is a significant step forward for our contribution of environmental sustainability and for the shipping industry’s efforts to reduce carbon emissions. This sets the stage for the Hong Kong bunkering industry to use biofuels as a means to play its part for decarbonization.”
The firm said it was one of the first movers in promoting and supplying very low sulphur fuel oil (VLSFO) to its clients, ahead of the “IMO 2020” regulation that was implemented in 2020.
The main market of Banle Group is the Asia Pacific market with business activities taking place in the major ports of Japan, Korea, China, Hong Kong, Taiwan, Vietnam, Malaysia, Singapore, Thailand, and other countries like Turkey, Belgium.
Category: Fuels
