Biofuel producer EcoCeres has teamed up with Mitsui & Co Energy Trading, KPI OceanConnect and Global Energy Group to supply hydrogenated vegetable oil (HVO) biofuel to a cruise ship in Singapore.
This marks EcoCeres’ first delivery of HVO fuel oil in Singapore, the company announced in a LinkedIn post on Tuesday.
EcoCeres has a production plant in China’s Jiangsu province with an annual capacity of 350,000 tons of HVO and sustainable aviation fuel (SAF). In addition, the company is building another plant in Malaysia, which is expected to have an annual capacity of 420,000 tons.
The HVO will be supplied by IMO II tankers operated by Global Energy Group.
Jeremy Baines, Chief Operating Officer of EcoCeres, said: “HVO is a 100% renewable alternative to diesel fuel that significantly reduces greenhouse gas emissions. This successful partnership is a great demonstration of what can be achieved when innovation and action are combined.”
