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MOL group and Trafigura sign MoU on biodiesel fuel supply system

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Japanese shipping firm Mitsui OSK Lines (MOL), its unit MOL Chemical Tankers (MOLCT), Singapore-based commodity trading company Trafigura and its vessel fuel supply joint-venture company TFG Marine have signed a memorandum of understanding (MoU) for a joint study on the full-scale supply of biodiesel fuel.
This is for MOLCT-operated vessels in bunkering ports around the world.
Based on the MoU, the companies will move forward with the study, with the intention to establish a global supply of biodiesel for MOLCT's operated fleet.
As a part of the joint study, the companies have conducted a sea trial using TFG Marine-supplied BDF on the MOLCT-operated chemical tanker Niseko Galaxy.
About 200 metric tonnes of biodiesel was bunkered in the Port of Rotterdam, the Netherlands, in early March, with the sea trial completing as the vessel reached its journey off the US Gulf Coast.
TFG Marine's biodiesel supplied for the sea trial required no modifications to the vessel's diesel engine.
The use of biodiesel is expected to achieve a 25 to 30% reduction in CO2 emissions on a mix of 30% biodiesel and 70% conventional heavy fuel oil.
In June 2021, the MOL Group announced a target of achieving net zero greenhouse gas emissions (GHGs) by 2050.
The Group set the initiative to "adopt clean alternative fuels" to help achieve this target, positioning BDF as an effective alternative to fossil fuels.
MOL and MOLCT are continually promoting the adoption of BDF in a proactive manner, contributing to GHG emissions reduction in the process of ocean transport.