IKEA, Kyocera and other partners supported the biofuel-powered voyage commenced in early August on an Orient Overseas Container (OOCL) vessel.
The fuel used on the voyage is a B24 biofuel blend, with ISCC certified Used Cooking Oil Methyl Ester as a component in the VLSFO.
Hong Kong-based OOCL now says the amount of carbon saved on this voyage will be attributed to these partners, reducing the carbon footprint of the cargo.
A green certificate will be issued to each of these partners as a credible certification of the saved carbon emissions by opting for biofuel.
The process is verified and powered by Global Shipping Business Network (GSBN), a non-profit blockchain consortium.
OOCL has started using biofuel on some of its vessels since 2023 as one of the company’s strategies to advance with the transition towards decarbonization.
Michael Xu, Director of trades at OOCL, said: “Working with partners on low-carbon shipping is definitely a very important milestone in OOCL’s environmental and sustainability journey that enables both OOCL and our partners to advance towards their own decarbonization roadmap.
“I would like to thank our partners such as IKEA, Kyocera and several others for their trust and support in OOCL and for their participation in the first voyage.”
