Danish bunker company Monjasa has announced it has added a monthly capacity of 5,000-7,000 metric tonnes of 2nd generation biofuel blends at the Colombian port of Cartagena.
The blends will primarily be B20, which consists of 20% Fatty Acid Methyl Ester (FAME) and 80% Very Low Sulphur Fuel Oil (VLSFO), and B30, the company said.
‘Together with our partners, we have enabled biofuels supply not only for the Colombian market, but potentially also for the main ports across Latin America, including the Panama Canal. Looking at the current demand, it is the large container lines who are showing concrete interest and driving demand for biofuels in this market,’ said Camilo Angulo Ferrand, Trading Manager at Monjasa Americas.
‘Looking towards 2025, we expect that biofuels will become a broadly accepted option to comply with IMO's strategy on reducing CO2-emissions from maritime shipping.’
Monjasa also revealed that in July it achieved the sustainability certification system, ISCC, across offices and operations in Panama, USA, Denmark, Dubai and Singapore.
‘In this way, all involved parties are able to trace feedstock used for the production of biofuels from the point of origin to the end consumer,’ the company said. ‘In addition, ISCC allows Monjasa to measure the greenhouse gas emissions from each phase of the supply chain and make this data available to shipowners as well.’
Monjasa has experience supplying biofuel blends in other global ports. As previously reported, earlier this year, Monjasa, along with Astomos Energy Corporation (Astomos) and INPEX CORPORATION (INPEX), participated in a B24 biofuel bunkering at Sharjah port in the emirate of Sharjah in the United Arab Emirates (UAE). The product was blended and supplied by Monjasa’s locally deployed tanker, the 9,600 DWT Monjasa Shaker.
In Asia, Monjasa recently revealed new maritime logistics adaptable to biofuels supply in the Port of Singapore. This new operation will consist of a total of three vessels by the end of 2023.
