Gram Car Carriers ASA is pleased to announce that Kawasaki Kiesen Kaisha Ltd. (K-LINE) will use biofuel on three vessels chartered from GCC from July to reduce emissions and support energy transition.
The biofuel will be supplied to the sister vessels Viking Ocean, Viking Diamond, and Viking Coral while bunkering in Singapore, an Asian hub for marine biofuels. The use of biofuel is a key environmental initiative to reduce emissions across the entire value chain (well-to-exhaust) and an effective way of transitioning to low-carbon marine fuels amid globally tightening environmental regulations.
“We support the green mobility shift. This means that GCC commits to supporting the transition of both vehicles and their logistic chain towards a zero-emission future in close cooperation with leading customers such as K-Line,” says Georg A. Whist, CEO of Gram Car Carriers.
Biofuel emits carbon dioxide when it is burned as fuel, but the feedstocks have absorbed carbon dioxide from the atmosphere, so it is regarded as a sustainable marine fuel under international standards set by the Intergovernmental Panel on Climate Change (IPCC).
About “K” LINE
“K” LINE, established in 1919, is a logistics company rooted in the shipping industry. It operates a diverse fleet of more than 400 vessels worldwide. “K” LINE has a long history and a diversified track record in the ownership and technical management of liquefied gas carriers, having delivered its first LPG carrier in 1974 and its first LNG carrier in 1983. In addition, “K” LINE is engaged in a number of peripheral businesses, including LNG bunkering in Japan and Singapore, and is also actively involved in expanding its LCO2 transport business.
“K” LINE will continue to work towards the realization of low-carbon and carbon-free business operations and society as a whole, with the aim of contributing to the creation of a sustainable society and the enhancement of its corporate value, in accordance with its corporate philosophy of “helping make the lives of people more affluent.”
About Gram Car Carriers
GCC is the world’s third-largest tonnage provider within the Pure Car Truck Carriers (PCTCs) segment with 20 vessels, across the Distribution, Mid-size, and Panamax segments. The Company serves as a trusted provider of high-quality vessels and logistics solutions ensuring safe, efficient, and punctual shipment of vehicles for a network of clients comprising major global and regional PCTC operators.
Source Gram Car Carriers