Malaysian seller bunkers containership with ISCC-licensed biofuel

Tumpuan Megah Building, a subsidiary of Malaysia’s investment keeping firm Straits Vitality Sources Berhad, has carried out what’s believed to be ‘the principal transport’ of Global Sustainability and Carbon Certification (ISCC EU) licensed marine biofuel by a Malaysian seller.

Tumpuan Megah supplied approximately 4,500 metric tonnes of ISCC EU-licensed B24 marine biofuel to a containership operated by Danish container transport giant Maersk.

The bunkering operation befell of dwelling on the Port of Tanjung Pelepas within the advise of Johor on April 25, 2024.

“We are excited to yelp that Tumpuan Megah has successfully supplied ISCC EU licensed marine biofuel to a containership on the Port of Tanjung Pelepas. We declare this modified into as soon as the principal transport of licensed sustainable marine biofuel by a Malaysian seller, underscoring our commitment to enhance the industry’s transition to different fuels and decrease its affect on the ambiance,” Dato’ Sri Ron Ho Kam Choy, Managing Director of Straits Vitality Sources Berhad, commented.

“Sustainable marine biofuels beget the functionality to substantially decrease carbon emissions and decrease the general carbon footprint of maritime operations. However transport industry players must even be ready to level that the bio-insist in their fuels is sustainable. ISCC EU certification gives the transport industry with powerful-wanted assurance in phrases of the sustainability of their feedstock, traceability at some level of the supply chain, as successfully as credible, verified emission reductions. As Malaysia’s first ISCC EU-licensed seller and trader of maritime biofuels, and one of many nation’s leading suppliers of quality bunker fuels, we are positioned to play a key characteristic in fueling the industry’s sustainable boost. As quiz of for marine biofuels quickens, we ask this change to be a key contributor to our future earnings boost.”

Tumpuan Megah is basically serious about ship-to-ship bunkering services and products as successfully as barging operations. In January 2024, Straits said that Tumpuan Megah had become the principal Malaysian industry player to enact ISCC EU certification as a seller and trader of biofuels, spearheading the industry’s efforts to decrease transport’s carbon footprint.

The transfer also space the stage for Straits’ foray into the hasty increasing marine biofuel procuring and selling and bunkering industry.

With ISCC EU certification, maritime industry players can rate compliance with the sustainability and GHG emission-saving requirements of the European Union (EU). This entails the EU Renewable Vitality Directive (RED II), which has space strict pointers for which biofuels would be thought to be sustainable. ISCC certification is diagnosed in key energy markets, including the European Union, the UK, Japan and Singapore.