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    DP World invests $35M to boost container capacity in Brazil

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    Britannia: Introduction of reference routes for common navigation

    Peninsula supplies B24 biofuel for COSCO container

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    China Shipbuilding’s and Lemissoler’s First Methanol-Fueled Ultramax Bulk Carrier Receives ABS Approval

    ABS approves Chinese methanol-fueled Ultramax bulk carrier

    Wallenius-Wilhelmsens-next-generation-Shaper-Class-vessels

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    Jiangnan Shipyard (Group) Co., Ltd. and Bureau Veritas have issued a Joint-Declaration on 3D Auditing and Recognition, aiming at accelerating the process of 3D Submission and Approval

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    dark fleet tanker runs aground off Indonesia

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    The 2030 Shipping Pact for People and Nature is here to shift the tide

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    Limitation of liability – lessons from the MSC Flaminia

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SAFETY4SEA

Peninsula supplies B24 biofuel for COSCO container

by The Editorial Team
October 3, 2023
in Fuels
Peninsula supplies B24 biofuel for COSCO container

Credit: Peninsula

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Peninsula recently delivered 2,000 tons of UCOME-based B24 marine biofuel to the 155,000 DWT COSCO container carrier, M/V Cscl Venus, through Vitol Bunkers.

According to Peninsula, the use of Biofuel in this delivery will provide minimum GHG savings of over 1,200 tons of CO2 equivalent. For context, this saving is the equivalent CO2 emissions of over 200 vans covering 40,000 km each.

Our internal expertise across the entire alternative fuels supply chain, as both physical supplier and trader, means that we can add real value to our customers.  We look forward to continuing our decarbonisation journey together.

… said Michael Tang, Chief Representative Officer (China) for Peninsula

Nacho de Miguel, Head of Alternative Fuels and Sustainability at Peninsula added that Biofuel supply volumes are naturally increasing due to the regulatory environment, but it is equally clear that customers like COSCO, one of the biggest names in global shipping, feels able to trust Peninsula in delivering reliable lower-carbon solutions.

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To remind, during the 2023 SAFETY4SEA Limassol Forum, Bill Stamatopoulos, Global Business Development Director, VeriFuel, presented some pros and cons of biofuels including:

Pros

  • Four-year experience with successful trials since 2019
  • Improved CO2 emission factor
  • Limited safety risk as it is not toxic (like ammonia) and the flash point is always higher than 100 degrees, so it meets the SOLAS requirement
  • Can use the existing bunkering infrastructure
  • Mix with fossil fuels a.k.a. “drop in”

Cons

  • Availability
  • Cost (20-40% over the VLSFO price)
  • Energy content is lower, but they have better ignition and combustion properties
  • Lack of crew training
  • Storage and transfer temperatures above the cloud point
  • Aviation may also use them

 

Peninsula supplies B24 biofuel for COSCO container
Peninsula supplies B24 biofuel for COSCO container
Tags: biofuelsbunkeringCOSCOdecarbonization
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