EcoCeres marks inaugural shipment of renewable diesel to marine vessel in Singapore

Photo: EcoCeres Inc.

Hong Kong-based renewable fuel producer EcoCeres and Mitsui & Co. Energy Trading Singapore have partnered with KPI OceanConnect, a leading global provider of marine-energy solutions, to provide 400 metric tons of hydrotreated vegetable oil (HVO), also known as renewable diesel, to a vessel of a renowned cruise line in Singapore.

According to EcoCeres, this collaborative effort marks a significant milestone in promoting ecofriendly solutions for maritime operations.

The delivery was performed by an IMO Type II chemical tanker owned by Global Energy.

This marks EcoCeres’ inaugural shipment of HVO to Singapore.

The event underlined the partnership’s dedication to environmental sustainability and pioneering innovation within the maritime industry, according to EcoCeres.

The HVO is derived exclusively from pure waste materials, highlighting the commitment of all parties involved to environmental stewardship and circular-economy principles, EcoCeres stated.

This renewable fuel is projected to mitigate 1,477 tons of CO2-equivalent in emissions when compared to traditional fossil fuels.

“We are thrilled to lead this transformative initiative alongside Mitsui & Co. Energy Trading Singapore Pte. Ltd. and KPI OceanConnect,” said EcoCeres CEO Matti Lievonen. “By introducing sustainable HVO for marine bunkering, we are not only revolutionizing industry practices but also driving towards a more sustainable future for maritime operations. This collaboration exemplifies our shared commitment to environmental stewardship and underscores the potential of renewable solutions in reducing carbon footprints.”

Atsushi Noguchi, Mitsui & Co. Energy Trading Singapore’s chief operating officer for the trading department, said, “This collaboration represents a significant step forward in the maritime industry’s low-carbon initiatives. We are proud to be part of this innovative partnership that focuses on providing sustainable solutions for marine bunkering. By leveraging HVO as a renewable fuel source, we are collectively contributing to the maritime sector’s energy transition.”

Jesper Sørensen, the head of alternative fuels at KPI OceanConnect, added, “It is vital that we continue to collaborate on the development and expansion of supply for alternative biofuels to the maritime industry. Singapore is leading the way as an innovator of many firsts in the alternative-fuels market. We are delighted to be collaborating with our partners on this project to facilitate the growth of biofuels in the region.”