COSCO Shipping sets new records for biofuel bunkering
Two COSCO Shipping Lines vessels recently made history by refueling with B24 marine biofuel.
COSCO Asia took on 2,400 tons at the Xiamen Ocean Gate Container Terminal, setting a new single-refueling record for biofuel oil at Fujian Port in China, while New Los Angeles refueled with 5,400 tons at the Hong Kong terminal, marking a milestone for biofuel-oil refueling in Hong Kong.
B24 marine biofuel oil is a blend of 24 percent sustainable biodiesel and 76 percent conventional low-sulfur fuel oil.
“The feedstock for this biofuel is both widely available and renewable, which leads to a significant reduction in carbon emissions from ships,” COSCO Shipping Lines stated.
It is projected that the use of B24 marine biofuel oil can decrease carbon emissions by approximately 20 percent, playing a crucial role in advancing the shipping industry’s shift towards greener, low-carbon operations.
Aligning with the global movement towards green and low-carbon practices, COSCO Shipping said it has proactively driven the development of dual-fuel powered vessels with new energy sources.
The company has advocated for the use of biofuel oil in refueling and sea trials, actively investigating the application of biofuels in maritime transportation to further the transformation toward more sustainable shipping practices.
Last June, COSCO Shipping Lines’ vessel COSCO Asia achieved a milestone by bunkering 3,850 tons of B24 marine biofuel at Shekou Port in Shenzhen, China.
This operation stood as the largest-single bunkering of marine biofuel in China at the time.
Subsequently, in August, Orient Overseas Container Line, a subsidiary of COSCO Shipping Holdings, collaborated with partners to initiate a low-carbon shipping initiative, substituting fossil fuels with the cleaner B24 biofuel blend to diminish carbon emissions across the supply chain.
Then, in September, the Xin Chi Wan, another vessel under COSCO Shipping Holdings, successfully refueled with B24 marine biofuel.
This event marked Fujian’s first bonded biofuel bunkering order for international vessels, signifying what COSCO Shipping Lines said is a significant breakthrough in the province’s marine green-fuel bunkering industry.
Through bunkering biofuels and conducting sea trials, COSCO Shipping said it is expediting its transition towards a low-carbon, ecofriendly and sustainable enterprise.
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