In a landmark move towards greener shipping, French energy giant TotalEnergies has supplied its inaugural cargo of 100% biofuel for ships in Singapore. This biofuel, known as B100, is entirely made from used cooking oil sourced from Southeast Asia and is expected to slash greenhouse gas emissions by 80-90%.
This development comes as the shipping industry increasingly turns to alternative bunker fuels to reduce its carbon footprint. Singapore, a major global shipping hub, is witnessing a gradual rise in demand for such sustainable fuels.
The 700-metric ton cargo of used cooking oil methyl ester (UCOME), certified under the International Sustainability & Carbon Certification (ISCC) system, was delivered to a Hyundai Glovis car carrier ship on August 5th. The delivery was facilitated using an IMO Type II chemical bunker tanker owned by the Singapore-based Global Energy Group.
TotalEnergies Marine Fuels, already a prominent player in Singapore's biofuel market, predicts a significant increase in demand for marine biofuel in the coming years. By 2025, annual demand in Singapore could potentially double from 2023 levels, reaching nearly 1 million metric tons.