K Line conducted a trial use of marine biofuel which was supplied by GoodFuels on Supramax bulker “ALBION BAY” with the cooperation of JFE Steel Corporation. This is second successful trial use of marine biofuel by K Line vessel.
The vessel completed the loading operation of Hot Rolled Steel Coils at JFE Steel Corporation West Japan Works on July 24th, 2022 and started navigation to discharging port at Pakistan.
The marine biofuel was delivered to the vessel at off Singapore on August 3. After leaving Singapore, the vessel conducted the trial use of the marine biofuel and safely arrived at discharging port on August 16.
Marine biofuel has the potential to become an environmentally friendly alternative fuel generally. Bio-diesel will be able to reduce CO2 by about 80-90% in the well-to-wake (from fuel generation to consumption) process without changing current engine specifications. We conduct this trial by using marine biofuel blended with bio-diesel and fossil fuel
said K Line.
In addition to this trial, K Line is planning same kind of trial use of marine biofuel by cape size bulker for raw material shipment of JFE Steel Corporation, aiming to contribute the decarbonization of the entire marine transportation.
Recently, Japan Petroleum Exploration (JAPEX) has signed an MOU with JGC, and K LINE on a joint study for Carbon Capture Storage (CCS) in Malaysia.
In the Joint Study, investigations of suitable sites for CO2 storage in Malaysia and their technical evaluations are being conducted, aiming to be completed in 20 months.
This includes consideration of methods to capture and transport CO2 from the PETRONAS LNG Complex located in Bintulu, Sarawak and from outside Malaysia as a future possibility.
K Line has set a 2030 interim target of improving CO2 emission efficiency by 50% over 2008, surpassing the IMO target of 40% improvement. Furthermore, it has set its new target for 2050 as “The Challenge of Achieving Net -Zero GHG Emissions”.