Wednesday, 15 May 2024

Banle Energy International Participates In Tata Steel Full-laden Leg Voyage

KUALA LUMPUR, May 14 (Bernama) -- Banle Energy International Limited, a Hong Kong subsidiary of the Banle Group, has participated in the successful full-laden leg voyage from Gladstone to Paradip undertaken by Tata Steel Group (Tata Steel), which was completed on May 8.

This voyage was made possible through a collaborative effort, with a 1,000 metric tonnes (MT) B24 biofuel supply provided in partnership with Cargill International SA (Cargill) and China Shipping & Sinopec Suppliers Company Limited (Sinobunker).

According to a statement, the B24 biofuel bunkering service was conducted on March 15 at a port in Guangzhou, China.

Its Chairman and Chief Executive Officer, Teck Lim Chia said the company is thrilled to support Tata Steel and Cargill in providing B24 biofuel bunkering services.

“This marks our first collaboration with Tata Steel and our first B24 biofuel bunkering supply to Cargill in China,” he said.

Tata Steel is one of the world’s leading steel producers, with operations and commercial presence across the globe, while Cargill is a renowned global company specialising in sustainable food ingredients, agricultural solutions, and industrial products.

This milestone marks its first B24 biofuel bunkering service provided to Cargill, supporting their inaugural B24 biofuel bunkering supply in China and furthering their efforts in decarbonisation.

Building upon the success of its B24 biofuel supply, the company remains committed to seizing opportunities in promoting alternative fuels for the shipping industry.

Facilitating the use of alternative fuels will also support shipowners in improving their vessels’ carbon intensity indicator (CII) ratings, a standardised measurement developed by the International Maritime Organization (IMO) to assess the energy efficiency and carbon emissions of a vessel.

Banle Group remains dedicated to delivering exceptional bunkering services that cater to the evolving needs of the maritime industry, as it focus on expanding its operations in Europe, and continue to forge strategic partnerships and explore new opportunities to provide efficient and reliable solutions.

-- BERNAMA

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