OOCL - Orient Overseas Container Line Ltd.

11/22/2023 | Press release | Distributed by Public on 11/22/2023 01:34

KPI OceanConnect Supplies OOCL with Biofuel Blend Marking a Significant Milestone in their Sustainability Journeys

KPI OceanConnect Supplies OOCL with Biofuel Blend Marking a Significant Milestone in their Sustainability Journeys
November 22, 2023

KPI OceanConnect Supplies OOCL with Biofuel Blend Marking a Significant Milestone in their Sustainability Journeys

KPI OceanConnect Arranges Supply of Bespoke B24 Biofuel Blend to Orient Overseas Container Line (OOCL)'s Container Vessel

KPI OceanConnect, a leading global marine energy solutions provider, today 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 in Singapore. Fuel delivered was a blend of Used Cooking Oil Methyl Ester (UCOME) and Very Low Sulphur Fuel Oil (VLSFO).

KPI OceanConnect's local team worked closely with OOCL to identify a biofuel to meet their bespoke needs, and by connecting supply and demand of green fuels, support the continued development of biofuel supply in Singapore. The KPI OceanConnect team oversaw the blending process to ensure the fuel met precise specifications and was on hand for the delivery to ensure the specially blended product supplied was good quality.

Jesper Sørensen, Global Head of New Fuels and Carbon Markets, KPI OceanConnect, commented on the project: "We are proud to have worked so closely with members of the OOCL team to develop a tailor made fuel strategy that met the company's sustainability and regulatory goals. "

"We are encouraged by the progress we see in the maritime industry, as it shifts away from carbon-intensive practices, and look forward to continuing to share our knowledge - providing expert guidance to clients as the energy transition gains further momentum."

Michael Xu, Director of Trades at OOCL, commented: "We are pleased to announce that OOCL has been able to use green biofuel in our fleet. Using biofuel is one of our strategies to advance further with the transition towards decarbonization and to achieve the decarbonization target of the company. We would like to thank our partner KPI OceanConnect, who has shown professionalism in meeting our requirements. OOCL will continue to work closely with our partners and all stakeholders to strive for further advancement in our sustainability roadmap."


About KPI OceanConnect
KPI OceanConnect is one of the world's largest and most experienced independent marine energy service and solutions providers. For more than 50 years, KPI OceanConnect has been fuelling global trade through its partnership approach, innovative solutions, and ability to expertly guide its clients through new and evolving challenges.

By combining the expertise of its global workforce with market-leading technology, innovation, and financial strength, KPI OceanConnect creates long-term value for its partners. KPI OceanConnect is a trusted leader in the transition to low carbon energy and is committed to providing solutions to enhance the shipping industry's contribution to a cleaner and healthier planet.

KPI OceanConnect's teams of experienced professionals deliver trusted expert counsel from offices in Athens, Doha, Hamburg, Hong Kong, Houston, Istanbul, Jakarta, London, Miami, Middelfart, New York, Rotterdam, Seattle, Seoul, Singapore and Tokyo.

Find out more by visiting: https://kpioceanconnect.com/

About OOCL
"Orient Overseas Container Line" and "OOCL" are trade names for transportation provided separately by: Orient Overseas Container Line Limited ("OOCLL") and OOCL (Europe) Limited respectively and both are wholly-owned subsidiaries of Orient Overseas (International) Limited, a public company (0316) listed on the Hong Kong Stock Exchange. Headquartered in Hong Kong, China, OOCL is one of the world's largest integrated international container transportation and logistics companies, with about 130 offices in more than 100 major cities. Linking Asia, Europe, the Americas, Africa and Oceania, the company offers transportation services to all the major trading economies of the world. OOCL is also an industry leader in the use of the latest technologies to enhance global supply chains. (http://www.oocl.com/)