On August 11^th 2023, China Marine Bunker (Petro China) Co Ltd (CHIMBUSCO)’s Hong Kong regional company, Chimbusco Pan Nation Petro-chemical Co., Ltd. (CPN), successfully supplied the first batch of ISCC-EU certified UCOME-based B24 marine biofuel to an oceangoing vessel “Cape Amal” operated by Kawasaki Kisen Kaisha, Ltd. ("K" Line) by bunker barge “Guo Hui” in Hong Kong. This is the first global biofuel bunker delivery completed by CHIMBUSCO, and also being the first biofuel bunker delivery completed in Hong Kong region. It solidifies a good foundation to kick off the regular supply of biofuel in Hong Kong region and contributes to developing a greener maritime industry.

B24 biofuel is a clean fuel for marine use with a blend of 24% biodiesel, it can effectively reduce carbon emissions and reduce pollution to the environment. CHIMBUSCO has been devoted to greener maritime and promoting environmental sustainability over the years, the first global supply of B24 biofuel has been one of the long awaited success by CHIMBUSCO. Since 2021, CHIMBUSCO has established a dedicated taskforce to conduct research on alternative fuels, including marine biofuel, which aimed at contributing to a more sustainable shipping industry. Compared to traditional marine diesel, B100 biodiesel can reduce carbon emissions impressively by around 84%, making it a pivotal solution in achieving greener maritime operations.

The company's efforts align with the International Maritime Organization's (IMO) heightened focus on GHG emission reduction in the Marine Environment Protection Committee 80^th session (MEPC 80), which aims to achieve “net-zero” emissions by 2050. They are approving the assignment of the CO₂ Emission Conversion Factor (C_f) for biofuel from 1^st October, 2023. CHIMBUSCO is committed to lead the marine fuel industry to eco-friendly port energy supply and achieving the global decarbonization goals. Amid increasing attention on sustainable development in the international shipping industry, CHIMBUSCO's innovative green energy solutions illustrate CHIMBUSCO’s dedication to corporate social responsibility and its mission to fuel the industry's sustainable growth.