In the UK, Ship and Bunker says KPI OceanConnect believes the shipping industry has largely failed to capitalize on increasingly competitive biofuel prices. Rising bunker fuel costs following the Iran conflict have narrowed the price gap between conventional fuels and biofuels, with some biofuel blends becoming cheaper than traditional marine fuels in certain markets. In […]
In Singapore, Neste and KPI OceanConnect recently collaborated on the supply of Neste MY Renewable Diesel to the marine sector in Singapore in partnership with Global Energy for operational delivery in Singapore waters. This is the first time renewable diesel is supplied to the marine sector players to be used e.g. by cruise ships in […]
In Singapore, Reuters reports KPI OceanConnect, a global marine fuel trading company, announced plans to expand its biofuel bunkering operations from 70 to 120 ports worldwide by January 2025, driven by increasing demand as FuelEU Maritime regulations take effect. Despite the environmental benefits, Jesper Sorensen, KPI OceanConnect’s global head of alternative fuels and carbon markets […]
In Singapore, Wan Hai Lines, in collaboration with KPI OceanConnect, completed its first biofuel delivery when container vessel WAN HAI 510 was supplied with B24 biofuel by SK Energy International at the Port of Singapore on October 7th. The biofuel, certified by the ISCC, is designed to cut emissions by up to 20% compared to […]
In Singapore, KPI OceanConnect announced the successful delivery of B24 biofuel to WAN HAI Lines’ container vessel, WAN HAI 510, on the 4th of October in Singapore, with SK Energy International as the physical supplier of the fuel. Building on the long-standing partnership with KPI OceanConnect, the deal marks the first biofuel delivery of WAN […]
In New Jersey, KPI OceanConnect completed its inaugural marine fuel carbon offset transaction with a seismic research vessel owner, the volume of which was not disclosed. The carbon offsets were derived from a Texas wind farm and verified by Verra Registry. This achievement comes as the maritime industry faces pressure to meet International Maritime Organization […]
In Singapore, KPI OceanConnect announced the successful sale and supply of a B24 biofuel blend to Orient Overseas Container Line (OOCL), one of the world’s leading container transport and logistics service provider. The fuel delivery, arranged by KPI OceanConnect’s team in Singapore and supplied by barge, was received by OOCL’s container vessel while at port […]
