Vitol biofuels boost
Feb 22 (LNGJ) - Vitol Bunkers, the maritime fuelling unit of the global commodities firm, has taken delivery of the “Marine Future”, its first specialised bunker barge in Singapore, strengthening its position in Asia’s expanding biofuel bunker market. “The addition of this specialised IMO-type 2 notation bunker tanker to the V-Bunkers fleet will uniquely make it possible to supply biofuel blends including B24, B30 and up to B100,” said Vitol Bunkers. Biofuel sales in Singapore reached 520,000 tonnes in 2023, an increase on the previous year when volumes were 140,000 tonnes.
Built in China, the “Marine Future” is 102.6 metres in length and has the capacity to carry about 7,000 million tonnes of biofuels. “The current fleet of bunker tankers in Singapore are classified as ‘oil tankers’ and are therefore restricted to a maximum of 25 percent bio component in biofuel blends. This new bunker tanker has no such restriction, hence can deliver bunker fuels consisting of 100 percent bio component (B100),” the company said.
