Wan Hai has announced the launch of biofuels across its global fleet, starting with the WAN HAI 510, which operates on the CI6 route between the Far East and India.
As explained, this initiative aims to reduce carbon emissions by 20% compared to traditional low-sulfur fuels. The company has been upgrading its ship equipment to minimize environmental impacts in line with the International Maritime Organization’s (IMO) emission reduction targets for 2030 and 2050.
The biofuels used are a blend of biodiesel produced from recycled cooking oil and traditional low-sulfur fuel, supplied by KPI OceanConnect in Singapore.
WAN HAI Lines has been a long-standing partner of KPI OceanConnect, and we are proud to have facilitated its first biofuel delivery. With our robust expertise in biofuel bunkering and global reach, we are able to support clients in progressing their alternative fuel strategy.
… said Jesper Sørensen, Head of Alternative Fuels and Carbon Markets at KPI OceanConnect
Wan Hai considers the adoption of biofuels a significant step towards its carbon reduction goals and is committed to furthering its ESG (Environmental, Social, and Governance) objectives through the use of low-carbon fuels.
We are very proud to announce our first biofuel supply in collaboration with KPI OceanConnect at the port of Singapore.
… WAN HAI Lines said in a statement
During the 2023 SAFETY4SEA Limassol Forum, Bill Stamatopoulos, Global Business Development Director, VeriFuel, gave a presentation on the use biofuels for the marine shipping sector. According to Stamatopoulos, pros of biofuels include:
- Four-year experience with successful trials since 2019
- No CAPEX is required
- 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”
