In Singapore, Reuters reports that Shell has decided to pull out of its planned sustainable aviation fuel facility in Singapore, as well as a base oils investment it was exploring, although the company says it will continue to supply both biofuels and base oils and lubricants to the region. The 550,000 metric ton per year […]
In Singapore, S&P Global Commodity Insights launched on Wednesday the Platts Editorial Window (eWindow) communication tool for assessing the tradable value of physical Asian Biofuels and Feedstock FOB Straits and China. The Platts eWindow communication online data-entry and communications tool brings greater speed, transparency and efficiency to the Platts Market-on-Close (MOC) price assessment processes. Between […]
In Singapore, Manifold Times reports PetroChina International has for the first time successfully delivered marine biofuel in the Port of Singapore, providing 500 metric tons of the fuel to oil tanker “New Award”. It is the first time the company has supplied marine biofuel into the international market. Last year, PetroChina was the second largest […]
In Singapore, Argus has extended its Argus Open Markets (AOM) real-time electronic price discovery platform to include used cooking oil (UCO) and used cooking oil methyl ester (UCOME) prices in Asia-Pacific. The Asia-Pacific UCO and UCOME markets are growing quickly as stricter emissions reduction targets around the world drive rising demand for renewable feedstocks and […]
In Singapore, the Global Centre for Maritime Decarbonisation (GCMD) and MSC Mediterranean Shipping Company (MSC) announced their signing of a five-year Impact Partnership agreement. As the world’s largest shipping line, MSC has 730 vessels and the industry’s largest newbuilding orderbook of energy-efficient container ships. The family-owned business has been working on energy efficiency for many […]
In Singapore, Astomos Energy Corporation (Astomos) and NYK Line have completed a pilot on the liquefied petroleum gas (LPG) carrier Lycaste Peace (owned by NYK Line and chartered by Astomos), bunkering FAME B24 marine biofuel in Singapore. The test voyage was completed on February 26. The demonstration is part of a project to establish an […]
In Singapore, IINO Kaiun Kaisha, Ltd. (IINO) conducted a trial on one of its vessels using a marine biofuel blend delivered in Singapore on December 18. The chemical tanker “Chemroad Echo” was supplied with B24 marine biofuel, consisting of 24% fatty acid methyl easter (FAME), blended with very low sulfur fuel oil (VLSFO). The biofuel […]
In Singapore, Kawasaki Kisen Kaisha, Ltd. (“K” LINE) conducted the trial use of B24 marine biofuel comprising 24% fatty acid methyl ester (FAME) blended with very low sulfur fuel oil (VLSFO), which was supplied by integrated energy company bp to the Capesize bulker “CAPE TSUBAKI” with the cooperation of the charterer, JFE Steel Corporation. This […]
In Singapore, conducted as part of the Global Centre for Maritime Decarbonisation’s (GCMD) pilot project to establish a quality, quantity and GHG abatement assurance framework for drop-in biofuels, the M/V MOL ENDOWMENT was refuelled with 992 metric tons of marine biofuel product at the Port of Singapore, on December 21, 2022. The vessel, deployed on […]
In Singapore, the Global Centre for Maritime Decarbonisation (GCMD) has successfully completed trialling two supply chains of biofuel blends sourced from different origins. The supply chain trials encompassed tracing biofuels from their production sites outside Singapore, to Singapore where the fuels were blended and bunkered. Lab testing of the fuels continued until they were consumed […]
