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Asia's first biofuel barge sets sail
Photo: V-Bunkers
Vitol Bunkers has acquired its first specialised bunker barge, the "Marine Future", in Singapore, enhancing its presence in Asia's growing biofuel bunker market. This IMO type 2 notation tanker can supply biofuel blends like B24, B30, and up to B100, in accordance with customer requirements.
Unlike current oil tankers limited to 25% biofuel blends, the "Marine Future" has no such restriction, allowing for 100% biofuel delivery. The 102.6 m vessel, built in China, has a 7,000 t biofuel capacity.
Biofuels are crucial for emission reduction in the shipping industry, with Singapore's biofuel sales reaching 520,000 t in 2023, a significant increase from the 140,000 t of 2022. Vitol Asia's head, Mike Muller, sees this as a step towards advancing Singapore's decarbonisation efforts, and adds that the vessel could be re-configured for methanol supply in the future. (pb)