TotalEnergies supplies its first 100% cooking oil-based marine fuel in Singapore

Hyundai Glovis

12/08/2024 09:08

SINGAPORE, Aug 12 (Reuters) - TotalEnergies  TTEF.PA 
has supplied its first cargo of 100% biofuel for ships in
Singapore as it seeks to expand its sales of lower-carbon marine
fuels, the French energy major said on Monday. 
    Marine biofuel is among several alternative bunker fuels
that shippers are adopting to cut emissions and to gradually
move away from dirtier residual fuels, and demand in Singapore,
one of the world's busiest ports, is expected to grow gradually.
    TotalEnergies Marine Fuels, among Singapore's top biofuel
last year, said the 100% biofuel, or B100, was made from used
cooking oil sourced in Southeast Asia and could cut greenhouse
gas emissions by between 80% and 90% on a life-cycle basis.
    The 700-metric ton cargo of used cooking oil methyl ester
(UCOME) was certified under the the International Sustainability
& Carbon Certification (ISCC) system. 
    The cargo was supplied on Aug. 5 to a Hyundai Glovis car
carrier ship, using an IMO Type II chemical bunker tanker owned
by Singapore-based Global Energy Group. 
    TotalEnergies Marine Fuels told Reuters in January that
annual marine biofuel demand at Singapore could potentially
double from 2023 levels to almost 1 million metric tons by 2025.
By comparison, total bunker fuel demand in Singapore last year
was 51.8 million tons.  
    
  

 (Reporting by Jeslyn Lerh; Editing by Sonali Paul)
 ((Jeslyn.Lerh@thomsonreuters.com;))