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Peninsula Facilitates B30 Biofuel Supply Deal in Zeebrugge

Peninsula

Published Apr 22, 2024 12:09 PM by The Maritime Executive

[By: Peninsula]

Peninsula, the leading independent global marine energy supplier, announces the successful conclusion of the first B30 biofuel supply deal in Zeebrugge, Belgium, in collaboration with the Japanese shipping company, Nippon Yusen Kabushiki Kaisha (NYK). The deal, which marks a significant milestone in sustainable fuel distribution, saw the delivery of 1,200 metric tons of B30.

The delivery, executed on March 24, 2024, involved the vessel Garnet Leader, a vehicles carrier. Peninsula's New York barge, played the role of ensuring the smooth transportation and delivery of the biofuel to its destination in Zeebrugge.

Kaori Takahashi, General Manager of NYK’s Fuel Group, said: "NYK is proud to collaborate with Peninsula in this pioneering supply of B30 biofuel, which underscores our dedication to environmental sustainability and innovation in the maritime sector. By leveraging sustainable biofuels like B30, we are taking meaningful strides towards reducing greenhouse gas emissions. NYK remains dedicated to driving positive change within the industry while meeting the evolving demands of our customers and stakeholders."

B30 biofuel, a blend comprising 30% ISCC EU certified sustainable UCOME, which is biofuel derived from Used Cooking Oil, offers a promising avenue reducing GHG emissions by 84%, thus mitigating the environmental impact of maritime operations. By using biofuel technology, Peninsula continues to pave the way for a greener future while simultaneously meeting the evolving needs of the shipping industry.

Commenting on this delivery, Peninsula's Head of Biofuels Desk, Nikolas Nikolaidis, stated: "As the maritime industry, along with prominent players like NYK, intensifies their adoption of Sustainable Marine Fuels (SMF), the accessibility of such solutions grows in significance. Peninsula is committed to collaborating closely with our established clients and partners to deliver SMF solutions where demand is highest. Peninsula is broadening its biofuel supply network, positioning itself as the leading physical marine fuel supplier to offer comprehensive biofuel solutions across multiple regions and ports for our customers."

The products and services herein described in this press release are not endorsed by The Maritime Executive.