Wallenius Wilhelmsen First Biofuel Bunkering in South Korea

by Admin
Wallenius Wilhelmsen First Biofuel Bunkering Korea

Wallenius Wilhelmsen has successfully concluded its inaugural biofuel bunkering trial, which featured a unique blend of HSFO-Biofuel, as part of its routine sailing schedule. During the call at Masan Port, the M/V Torrens became the first Wallenius Wilhelmsen vessel to bunker B30 HSFO-Biofuel. This biofuel was supplied by GS Caltex Corporation, a significant fuel supplier in South Korea.

A drop-in fuel which can be used in existing engines without any modification or tank cleaning, HSFO Biofuel is a HSFO blended with UCOME (Bio feedstock). The number of suppliers worldwide offering this particular fuel is currently very limited, and the issue is compounded by the general lack of demand for marine biofuel blending in South Korea.

Jang Hongseok, Manager Energy Sourcing, Wallenius Wilhelmsen said, “Despite the growing demand and supply of biofuels around the world, the preparation of biofuels in South Korean ports has been somewhat slow. As South Korea is one of our major bunkering ports, stable biofuel supply is essential to secure flexibility of tonnage allocation, so I am pleased to have a B30 HSFO trial with GS Caltex, one of South Korea’s major fuel suppliers, and I hope close cooperation will continue in the future.”

A collaboration between GS Caltex Corporation and Wallenius Wilhelmsen, supply will be limited in South Korea until the rules and regulations for Biofuels are finalized by the authorities.

Cha Hyungmin, Team Leader of GS Caltex Biofuel team mentioned “GS Caltex has paved the way for developing Bio-Marine Fuels in South Korea, and we expect this B30 Bio-Marine Fuel (HSFO) trial with Wallenius Wilhelmsen will be a meaningful step for scrubber installed vessels of global shipping companies to reduce their carbon emissions when calling South Korean ports. We hope to expand the relationship with Wallenius Wilhelmsen and support as a carbon reduction solution partner in South Korea.”

In the meantime, Wallenius Wilhelmsen is currently assessing the viability of both HSFO-Biofuel blends and VLSFO-Biofuel blends in the Asia region as part of its global deep-sea trade decarbonization strategy.

Customers are increasingly looking to reduce their Scope 3 CO2 emissions by utilizing biofuel. In response, Wallenius Wilhelmsen has pioneered a new Reduced Carbon Freight Service and will issue declarations, verified by a third-party accreditor of reduced CO2 emissions to customers who have purchased the new offer.

Customers using the Reduced Carbon Freight Service will typically be able to reduce their Scope 3 CO2/GHG emissions in their supply chains, by approximately 20-25% using B30 Biofuel bunkering compared with VLSFO/HSFO on a fuel lifecycle.

The Wallenius Wilhelmsen group is a market leader in roll-on/roll-off (RoRo) shipping and vehicle logistics, managing the distribution of cars, trucks, rolling equipment and breakbulk to customers all over the world. The company operates around 130 vessels servicing 15 trade routes to six continents, a global inland distribution network, 120 processing centers and eight marine terminals. Headquartered in Oslo, Norway, the Wallenius Wilhelmsen group has 8,200 employees in 29 countries worldwide.

Source Wallenius Wilhelmsen