“K” Line signed a deal for marine biofuel supply with bp. The marine biofuel was delivered to the vessel at the Dutch port of Flushing on Nov. 6th, 2021. After leaving Europe Emission Control Area, the vessel conducted the trial use of the marine biofuel.
Biofuels are made from renewable organic resources like biomass. Therefore, although CO2 is emitted after its combustion, those emissions are compensated with the CO2 absorbed during the growth of the biogenic sources used as raw materials.
Furthermore, for its production, waste and residues that need to be disposed of can be reused. Some examples are used cooking oil collected from restaurants and residential households and animal fats. This will avoid the use of raw materials that compete with food or feed market.
Both the biofuels feedstocks origination and its production along the supply chain are sustainability certified following the criteria of international recognized standards so its generation and traceability are guaranteed by independent third party, ultimately contributing to deployment of biofuels as an environmentally friendly alternative to fossil fuels around the world.
Marine biofuel has the potential to become an environmentally friendly alternative fuel. It will potentially reduce CO2 by about 80-90% in the well-to-wake (from fuel generation to consumption) process without changing current engine specifications.
This marine biofuel uses renewable organic resources such as biomass which don’t utilize foodstuff and feed crop.
In “K” Line Environmental Vision 2050 -Blue Seas for the Future- the company has set the 2030 interim target of improving CO2 emission efficiency by 50% over 2008, surpassing the IMO target of 40% improvement. Furthermore, they set a new target for 2050 as “The Challenge of Achieving Net -Zero GHG Emissions”.