HONG KONG – July 2025 — Chimbusco Pan Nation Petro-Chemical Co., Ltd. (CPN), a leading marine fuel supplier headquartered in Hong Kong, has achieved a major milestone in sustainable bunkering, announcing that its marine biofuel deliveries in the first half of 2025 have already exceeded its total 2024 volume—with over 78,000 metric tonnes (MT) supplied between January and June.
The figure represents an 80% year-on-year increase, marking CPN’s fastest growth rate in the segment to date. The company described the performance as “making the impossible possible,” underscoring its strategic push toward decarbonization and advanced biofuel adoption across Asia’s shipping industry.
“This proves that dedication and excellence know no limits,” the company noted in a celebratory post. “We’re proud of this milestone—it’s a testament to our team’s focus and vision.”
Key Milestones: Breaking Records in Biofuel Bunkering
CPN’s momentum in marine biofuels has been backed by a series of landmark achievements in the past 12 months, particularly in Hong Kong and other key Chinese Ports, where it now commands over 96% of the city’s biofuel bunker market share. Highlights include:
- May 15, 2025 – Delivered 6,300 MT of B24-VLSFO to XIN LOS ANGELES in Hong Kong, setting a new record for the largest single biofuel bunkering operation in China.
- May 7, 2025 – Partnered with OOCL on the first B30 biofuel delivery in Hong Kong, advancing high-blend marine fuel adoption.
- February 21, 2025 – Supplied 5,500 MT of B24-LSFO to a COSCO Shipping vessel—then the largest biofuel delivery at any Chinese port.
Meeting Demand for Sustainable Marine Fuels
CPN’s rapid expansion in biofuel supply reflects the shipping sector’s growing commitment to emissions reduction, driven by global and regional measures such as IMO, the EU ETS for maritime, and the forthcoming FuelEU Maritime regulation.
With deep technical expertise and scalable supply capabilities, CPN continues to lead in the rollout of sustainable marine fuels—particularly advanced blends like B24 and B30, which are gaining traction among vessel operators seeking to comply without costly retrofits.
Commitment to Sustainability
CPN’s dedication to green shipping is part of a long-term evolution. Since its founding in 1991, the company has grown from a local Hong Kong bunker supplier into a globally recognized physical supplier and trading house.
Today, CPN operates Hong Kong’s largest bunker barge fleet and maintains strategic operations in major ports including Shanghai, Guangzhou, Zhoushan, and Singapore—two of the world’s busiest maritime energy hubs. The company is actively promoting the adoption of biofuels, LNG, and other low-carbon alternatives, positioning itself as a future-ready supplier aligned with both regulatory goals and customer ESG strategies.
Looking Ahead
As regulators and fleet owners raise the bar for sustainability, demand for cleaner alternatives like B24 biofuel is expected to rise sharply. CPN’s recent delivery record signals more than operational excellence—it highlights the company’s role as a trusted, forward-thinking partner in the maritime energy transition.
About Chimbusco Pan Nation
Chimbusco Pan Nation Petro-Chemical Co., Ltd., (CPN) established in 1991, is a leading global bunker supplier headquartered in Hong Kong. The company has built a strong reputation for its efficient delivery of high-quality marine fuels and professional services. Over the years, Chimbusco has expanded its global presence across Asia, Europe, and the Americas, serving vessels operating worldwide.
With a commitment to innovation and sustainability, Chimbusco continues to evolve from its origins as a physical supplier to a comprehensive global bunker supply provider. The company’s efforts to embrace digital solutions, such as the electronic bunker delivery note (eBDN), reflect its dedication to advancing the marine fuel industry and ensuring reliable, efficient, and environmentally responsible service to customers around the world.
Source Chimbusco Pan Nation