Asia/Pacific News
CPN Completes First B100 Biofuel Delivery to Oil Tanker in Hong Kong
Marine fuel supplier Chimbusco Pan Nation (CPN) has completed the first B100 marine biofuel bunkering operation for an oil tanker in Hong Kong.
The fuel was delivered to TORM-operated tanker Torm Corrido on June 8, extending CPN's B100 bunkering service to another vessel segment, CPN said in a statement on its website on Wednesday.
The bunkering was carried out by Guo Si, CPN's bunker tanker.
According to the company, the vessel is Hong Kong's only Type II-certified bunker tanker approved for B100 operations and has been upgraded to meet IMO IBC Code and Hong Kong regulatory requirements.
The company said demand for B100 has increased since the service was launched in January.
Deliveries in the second quarter of 2026 have already surpassed first-quarter volumes by more than 300%.
CPN had supplied about 170,000 mt of marine biofuel in 2025.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 963.00 | 26.00 | 1351.50 | 10.50 |
| Rotterdam | 766.00 | 3.00 | 1446.00 | 11.50 |
| Houston | 817.00 | 11.50 | 1421.00 | 1.00 |
| Fujairah | 981.00 | 12.00 | 1768.50 | 17.50 |
| APAC Average | 1029.50 | 32.00 | 1478.50 | 13.50 |
| Global 20 Ports Average | 929.50 | 10.50 | 1565.00 | 13.00 |
| Global 4 Ports Average | 882.00 | 13.50 | 1496.50 | 9.50 |
| Global Average Bunker Price | 978.50 | 20.00 | 1616.50 | 18.50 |
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