Banle Concludes First Biofuel Bunkering with Yang Ming in Shenzhen

by Admin
Banle Biofuel Bunkering in China

Banle Energy International Limited, a subsidiary of CBL International Limited, proudly introduces B24 biofuel bunkering services in Shenzhen. The successful bunkering operation conducted for Yang Ming’s vessel, YM Utility, at Yantian Port on April 14, 2024.

This biofuel bunker supply marks a significant milestone as it represents Yang Ming’s inaugural B24 biofuel bunkering service in China. By choosing Banle’s B24 biofuel bunkering services, Yang Ming is actively aligning itself with the International Maritime Organization’s (IMO) goal of reducing greenhouse gas emissions (GHG) in international shipping.

Responding to the 2050 net-zero emissions goal, Yang Ming Marine Transport Corp. (Yang Ming) has taken a significant stride by embracing sustainable biofuel for its fleet. The initiative kicked off in Hong Kong and Singapore in March 2024, respectively. the company plans to integrate biofuel into its annual fuel consumption. Through the adoption of certified biofuel, Yang Ming aims to achieve a year-on-year reduction in emissions and provide customers with more eco-friendly transportation services.

The B24 biofuel blend, as revealed by a study, is expected to slash approximately 20% of Greenhouse Gas (GHG) emissions compared to conventional fuel oil, showcasing a tangible step towards environmental sustainability.

Banle Group, renowned for its dedication to delivering top-notch bunkering services tailored to the maritime industry’s evolving demands, is actively expanding its footprint in Europe. Through strategic partnerships and exploration of new opportunities, the company aims to offer efficient and dependable solutions.

About Banle Group

Established in 2015, CBL International Limited (Nasdaq: BANL) serves as the listing vehicle of Banle Group, a leading marine fuel logistics firm in the Asia Pacific region. With operations spanning over 55 major ports across several countries, including Japan, Korea, China, and Belgium, the Group is committed to providing customers with a comprehensive solution for vessel refueling. Additionally, the Group is actively promoting the use of alternative fuels and has earned recognition with the ISCC EU and ISCC Plus certifications.

Source Banle International