Royal Vopak
Feb 261 min
Vopak announced Feb. 26 that it has successfully commissioned 40,000 cubic meters (more than 10.5 million gallons) of capacity at its Sebarok terminal in Singapore for blending of biofuels into marine fuels.
The existing pipeline system was also converted to a dedicated biofuel-blending service.
The new capacity is underpinned by customer commitment.
Vopak’s Sebarok terminal is located close to Singapore’s eastern anchorage, where a large part of bunkering activity takes place.
Since 2022, Vopak has been conducting multiple biofuel trials with its customers.
In response to increasing demand for biofuel blending and storage solutions, Vopak’s Sebarok terminal has the potential to repurpose part of the existing capacity to biofuels.
“Our vision for Sebarok terminal is to be a sustainable multifuels hub to strengthen Singapore’s position as the top bunkering hub,” said Rob Boudestijn, the president of Vopak’s Singapore business unit.
“As a storage and critical infrastructure services provider, this development can facilitate the entry of more biofuels companies to diversify the supply chain for marine biofuels and accelerate the decarbonization of the shipping industry,” Boudestijn added.
Vopak is accelerating its global portfolio investments towards new energies and sustainable feedstocks for which it has allocated 1 billion euros (USD$1.085 billion) in growth capital by 2030.
This will not only shape the future of Vopak but also positively contribute to the transition within key industrial clusters and shaping of the energy hubs of the future, the company stated.
Vopak said it is focusing on developing new infrastructure solutions in the areas of low-carbon and renewable hydrogen (ammonia, liquid hydrogen and liquid organic hydrogen carriers), CO2, sustainable fuels and feedstocks, and long-duration energy storage.