Asia/Pacific News
Kamei Conducts Japan's First Ship-to-Ship HVO100 Biofuel Supply
Japan-based Kamei Corporation has conducted what it described as Japan’s first ship-to-ship supply of 100% hydrogenated vegetable oil (HVO 100) marine fuel at Keihin Port.
The company supplied “Susteo”, a next-generation biodiesel fuel developed by Tokyo-based biofuel producer Euglena, to ship in port using a bunker vessel, Kamei said in a press release on Thursday.
The fuel is derived from used cooking oil and other feedstocks.
Because HVO is classified as a class II petroleum product in Japan, the fuel can be transported using conventional bunker vessels and used in existing marine diesel engines without modification.
The project is part of a Tokyo Metropolitan Government-backed new energy technology development support programme for the fiscal year 2024.
Kamei said it will work with Euglena to establish a stable supply chain for the fuel and build operational experience ahead of wider deployment.
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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