2022-08-19 15:59:21

GoodFuels kickstarts biofuel deliveries in Singapore

Aims to secure new sustainable feedstock and expand supply sources in Asia.

The MV Frontier Explorer was refuelled with a biofuel blend in Singapore on July 5.

The MV Frontier Explorer was refuelled with a biofuel blend in Singapore on July 5. Image credit: GoodFuels

GoodFuels' Asia-Pacific branch has performed its first biofuel supply since the launch of its Singapore office.

Significance: It comes only a few months after commencing operations in the city-state and is the first delivery to be managed under GoodFuels' partnership agreement with ITOCHU, announced in May.

NYK's bulk carrier, the MV Frontier Explorer, was refuelled with a blend of biofuel and VLSFO during a port call to Singapore on July 5, en route from Australia to India.

  • GoodFuels handled sourcing, technical expertise, and sales, including working closely with NYK's technical and commercial team. It also collaborated with a local bunker supplier to carry out the bunkering.
  • ITOCHU, meanwhile, was responsible for logistics, blending and distribution of the biofuel blend.

Jing Xieng JX Han, GoodFuels' General Manager for the APAC region, highlighted how the milestone NYK delivery had been carried out only a few months after launching commercial operations in Singapore and signing an accord with ITOCHU.

  • "Today's announcement once again underlines our ability to work quickly and flexibly with many parties to make sure a bio-bunkering happens, from sales through to supply," Han remarked.
  • GoodFuels expects biofuel demand growth to continue, Han said, adding that the company would work hard to secure new sustainable feedstock and expand its sources of supply in Asia.

GoodFuels' partnership with ITOCHU, which saw the companies agree to cooperate on providing marine biofuels in all Singaporean waters, will also see them work together to scale up the supply of biofuel in Asia Pacific by identifying potential feedstock.

  • According to GoodFuels, all the feedstock used to produce its biofuel gains International Sustainability & Carbon Certification (ISCC) and is assessed by an independent sustainability board to validate its sustainability credentials and ensure that feedstock is 100% waste or residues and cannot be used for food or feed.

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