Marine biofuel successfully supplied to bulk carrier in Singapore
ITOCHU was responsible for logistics, blending and distribution of the biofuel blend, while GoodFuels handled sourcing, technical expertise, and sales, including working closely with NYK’s technical and commercial team.
GoodFuels also worked with a licensed bunker supplier to carry out the bunkering. Jing Xieng JX Han, general manager, GoodFuels Asia Pacific, said: “It’s important to underline just how significant this first refueling with NYK is for GoodFuels’ presence in Asia. Just a few months after commencing operations in Singapore, and hot on the heels of our recent agreement with ITOCHU, we are proving to the market that we are ready to supply our sustainable biofuels solutions to meet growing demand in the region. “NYK is a valued and long-term partner for GoodFuels and today’s announcement once again underlines our ability to work quickly and flexibly with many parties to make sure a bio-bunkering happens, from sales through to supply. “We anticipate that demand for sustainable marine biofuels will continue to grow in Asia, particularly as the global efforts to decarbonise shipping intensify. At GoodFuels, we are committed to playing a significant role in accelerating the energy transition in the transport sector.
“We will work hard to source new sustainable feedstocks and ramp up our sources of supply in Asia, ensuring that we build a robust and responsive organisation that can enable shipowners to make a tangible and immediate impact on their emissions.”