Tata Steel & NYK Line’s JV company, Tata NYK Shipping Pte Ltd, Singapore & ExxonMobil partner
Tata Steel & NYK Line’s JV company, Tata NYK Shipping Pte Ltd, Singapore & ExxonMobil partner for bio-based marine fuel oil in the port of Singapore
Tata NYK Shipping has deployed one of its “Sagar” series of vessel, namely MV “Sagar Moti” on current voyage, carrying cargo of salt in bulk from Mundra (port in India) to Vietnam and received ExxonMobil’s marine biofuel via ship-to-ship transfer in Singapore waters on 26th September 2022 before heading to discharge port.
The 0.50% sulphur fuel contains up to 25% fatty acid methyl esters (FAME)
· Fuel components meet the requirements of ISO 8217: 2017 and EN 14214
· Supply reinforces Tata NYK’s & ExxonMobil’s commitment towards lower-emission energy solutions
“Tata NYK is pleased to partner with ExxonMobil and believes marine biofuels have an important role to play in achieving Tata NYK’s sustainability goals. We are targeting to achieve approximately 20%-22% CO2 emissions reduction compared to conventional petroleum based HFO/VLSFO, calculated on an energy basis,” said Captain Zareer Antia, Senior General Manager, Marine, Technical & Operations, Tata NYK. “As an engine-ready fuel, we already understand the storage, handling and treatment requirements of this fuel, which makes it an ideal choice for us. Tata NYK has been examining biofuels with continuous trials and is at the forefront in meeting its Customer’s sustainability goals.”
“We are proud to collaborate with Tata NYK for this successful delivery of marine biofuels in Singapore,” said Haur-Bin Chua, Regional Commercial Fuels Sales Director, Marine, ExxonMobil Asia Pacific Pte Ltd. “As an engine-ready fuel, the bio-based marine fuel oil can be used without the need for expensive fuel system or engine modifications, and can help provide ship operators with an immediate reduction in emissions, compared with full hydrocarbon alternatives. Our ISCC-approved marine biofuels enable us to support our customers’ sustainability ambitions.”