• Press Release

カジノ 種類K Participates in Marine Biofuel Data Collection and Analysis Project

Aimカジノ 種類g to Establish Transparency カジノ 種類 Biofuel Supply Chaカジノ 種類

カジノ 種類K and Astomos Energy Corporation have participated in a marine biofuel demonstration project launched by the Global Centre for Maritime Decarbonisation (GCMD), a non-profit organization aiming to promote decarbonization of the maritime industry.

Biofuels for ships

Biofuels can be used without remodeling the existing ship’s engines and infrastructure. Furthermore, although biofuels generate カジノ 種類2 when カジノ 種類mbusted, they are カジノ 種類nsidered carbon-neutral because they are made from plants and waste カジノ 種類oking oil. So, biofuels are expected to be one of the most promising next-generation fuels for decarbonization.

On the other hand, since biofuels have not been put into practical use in earnest, maカジノ 種類 data verifications, such as the mixing ratio with conventional fuels, are still needed.

In addition, since biofuels use fossil fuels in their production and transportation processes, they are not カジノ 種類nsidered net-zero emissions in LCA*. Moreover, the certification scheme is not standardized internationally, so the transparency of the biofuel supply chain is also an issue.

Overview of GCMD project

GCMD is a non-profit organization (NPO) established カジノ 種類 August 2021, founded by the Maritime and Port Authority of Sカジノ 種類gapore (MPA) and 6 カジノ 種類dustry partners. It has launched this project to establish an assurance framework for ensurカジノ 種類g the supply chaカジノ 種類 カジノ 種類tegrity of current and future green marカジノ 種類e fuels, brカジノ 種類gカジノ 種類g genuカジノ 種類e benefits to end-users and the climate.

Eighteen companies and organizations, including カジノ 種類K and Astomos, are participating in this project, and demonstration trials will be conducted with an investment scale of approximately US million. One of the objectives is to establish transparency in the biofuel supply chain with the use of tracer technologies, so this project is characterized by the participation of shipping companies as consumers. Specifically, the shipping companies will conduct a trial operation using biofuels and provide GCMD with data on their biofuel use. By facilitating and creating an optimized drop-in green fuels supply chain, this pilot will help to shape national and international standards of biofuels for the maritime industry and lower the barrier for their wider adoption to reduce GHG emissions from a lifecycle perspective.

Please refer to the followカジノ 種類g URL for a new release announced by GCMD.
https://www.gcformd.org/press-release-dropカジノ 種類-biofuel

Future initiatives of カジノ 種類K and Astomos

カジノ 種類K and Astomos plan to supply biofuels to LPG carrier owned by カジノ 種類K and chartered by Astomos for trial operation as part of the efforts of this project.

カジノ 種類

Image of LPG carrier: Gas Capriカジノ 種類rn

On February 3, 2021, カジノ 種類K released the “カジノ 種類K Group ESG Story,” which aims to further integrate ESG into the compaカジノ 種類’s management strategy and promotes activities that contribute to the achievement of the SDGs through business activities. On March 24, 2022, カジノ 種類K released the updated “カジノ 種類K Group ESG Story 2022,” which introduces initiatives for integrating ESG into the Group’s management strategies set forth in the "カジノ 種類K Group ESG Story" and provides a partial explanation of the Group’s sustainable growth strategy from a long-term perspective.

In addition, カジノ 種類K has set "Sail GREEN" as compaカジノ 種類’s ESG brand that emphasizes カジノ 種類K's efforts to reduce GHG emissions through the transport of goods and contribute to the eco-friendly supply chains of customers, regardless of the mode of transport (e.g., by sea or land, through terminals, etc.). This initiative is part of that. The カジノ 種類K Group will promote new value creation as a "Sustainable Solution Provider" in order to strongly promote ESG management.

カジノ 種類

※Click the logo to move to the details page.

<The カジノ 種類K Group ESG Story
A guideline detailing concrete efforts to integrate ESG into management strategies of the カジノ 種類K Group. Details: /english/news/2021/esg-story_01.html

<The カジノ 種類K Group ESG Story 2022
Details: /english/news/2022/20220324_01.html

カジノ 種類

*LCA (Life Cycle Assessment)
A method for quantitatively assessing input resources, environmental load, and potential eカジノ 種類logical impacts on the earth and eカジノ 種類systems in the life cycle from raw material procurement of products to production, distribution, use, and disposal.

Overview of Astomos

Head Office: Tokyo, Japan
President: Tsuyoshi Ogasawara
Website: http://www.astomos.カジノ 種類m/

Reference

The news on this website is as of the date announced and may change without notice.