30 °C Singapore, SG
November 28, 2024
Latest News
Corio Generation and bp Alternative Energy Investment Ltd invest in South Korea Australia missing climate targets Advocating for US based offshore wind Broken Record, Temperatures hit new highs, yet world fails to cut emissions (again) Toshiba and GE to shore up Japanese offshore wind domestic supply chain How I got here… National University of Singapore green finance academic Sumit Agarwal Multi-billion-dollar renewables project earmarked for Yindjibarndi native title land Smart Energy Finances: Enel divests 50% of Australian renewable operations to Japanese oil and gas giant Critical minerals investments surged by 30% finds IEA Kung Fu nuns fight climate change One of Southeast Asia’s largest energy storage systems comes online Why turning waste into gas will add value to this Indigenous economy Renewable energy records tumble around Australia as rooftop solar power soars Topsoe supports SGP BioEnergy in renewable fuels production in Panama ‘Poor tropical regions’ suffer greatest economic damage from worsening heatwaves UNEP: Meeting global climate goals now requires ‘rapid transformation of societies’ Analysis: Africa’s unreported extreme weather in 2022 and climate change Partly wind-powered coal ship sails into Newcastle New fossil fuels ‘incompatible’ with 1.5C goal, comprehensive analysis finds Australian offshore wind ‘supercharged’ in Victoria as billions pledged to fast-track projects Goldwind turbine ‘breaks world record for largest rotor diameter’, Chinese media reports BW Ideol to work with developer Taiya on Taiwan floating wind pilot US to boost floating wind power Wind Power in South Korea – an overview GS E&C to develop bioethanol using cassava waste Korean business group has asked the US to make exceptions for Korean EV’s in Inflation Reduction Act Equinor’s Australian offshore wind debut Global energy transition stalls – 2022 Global Status Report in pictures India’s ReNew Power secures $1bn loan for gigascale 24/7 wind-solar-battery project POSCO International to merge with POSCO Energy

Toyota Tsusho to conduct biofuels trials in Singapore

Toyota Tsusho Petroleum, a physical bunker supplier operating barges in the Port of Singapore and part of Japan’s Toyota Tsusho Corporation, has become the latest player to announce it will conduct biofuel trials in the city-port.

This comes after global resources company BHP, German shipping company Oldendorff Carriers, and advanced biofuels pioneer GoodFuels, with the support of the Maritime and Port Authority of Singapore, conducted the first marine biofuel trial involving an ocean-going vessel bunkered in Singapore on April 4.

TTP’s trial, which will run from April to September in collaboration with other partners, is being undertaken with a view to the regular use of biodiesel fuel in international maritime transport.
In addition to this trial, Toyota Tsusho Petroleum is also supplying biofuel produced in Europe and sold by GoodFuels, a biofuel producer in the Netherlands, for foreign ships at the Port of Singapore.

The International Maritime Organisation has adopted targets for international shipping to reduce carbon intensity by at least 40% by 2030, and to at least halve total greenhouse gas emissions by 2050, both in comparison to 2008 levels.

The Japanese government has also established the goal of becoming carbon neutral by 2050 and is promoting a shift of fuels for ships from heavy oil and light oil, which are petroleum-derived, to alternative fuels under its Green Growth Strategy.

“In Singapore, with the launch of the Singapore Green Plan 2030, sustainable development and decarbonisation is now a national imperative,” Minister for Transport Ong Ye Kung said.
Singapore is the world’s largest bunkering port. Singapore’s 2020 bunker fuel sales grew 5% year on year to 49.83 million tonnes at a time when many other bunker hubs saw their marine fuel sales volumes drop due to tough market conditions reflecting the impact of COVID-19.
Source

Leave a Reply

Your email address will not be published. Required fields are marked *