, Singapore
122 views
Photo from Ken Energy

CSA invests $10m to boost maritime biofuel in Singapore

Among the goals of this effort is the development of stable biofuel blends.

The Coastal Sustainability Alliance (CSA) is investing up to $10m in efforts to develop and increase adoption of maritime biofuel in Singapore

Two alliance members,Green COP and Ken Energy, will lead the partnership, and have inked a memorandum of understanding on 16 April during the Singapore Maritime Week 2024, CSA announced in a press release. 

The programme “aims to develop stable B30, B40, and B50 biofuel blends and achieve production and commercial adoption of up to 50% (B50), derived from 50% agri-waste to Biobutanol – a blend poised to significantly reduce carbon emissions in maritime operations,” CSA said.

The process will include biofuel certification, commencing sea trials, building a production plant by 2025, and launching commercial-scale production by 2026. 

An initial $500,000 angel investment has been secured for a pilot plant for processing agri-waste, and over $10m will be injected into scaling production capabilities. 

“The formation of biofuel ecosystem under the Coastal Sustainability Alliance demonstrates our commitment to foster partnerships and deliver innovative sustainable maritime solutions for our conventional fleet owners as they progressively switch to lower emissions vessels,” said CSA Council Chairperson Tan Thai Yong.

MORE LIKE THIS: MPA enlists tech leaders to digitise the maritime sector

Ken Energy will work on strengthening market and commercial utilisation of Biobutanol in maritime operations. This will involve operational feasibility, life cycle assessment, and carbon emission reduction strategies.

The company’s expertise and resources will be vital in the implementation of Biobutanol for a B30-B50 blend and market integration in providing B50 to its customer fleet of bunker barges and CSA members.

Meanwhile, Green COP has expertise in the conversion of plant-based biowaste into sustainable biofuels. It signed an agreement with 3Y Energy in March 2024, which will allow it to set up a pilot plant that can process a ton of biomass daily and produce sustainable fuels. The latter will provide solutions for green fuel utilisation including biofuels.

CSA noted that the introduction of B50 blend will significantly reduce carbon emissions in the maritime industry. For every metric ton (mt) of B50 fuel burned, carbon emissions are reduced to 1.5 mt, lower than the  2.1 mt per metric ton for B30 blend.

Moreover, Biobutanol, a key component of the B50 blend, is more energy-efficient and yields a higher volume of fuel compared to traditional methods used for producing Fatty Acid Methyl Ester (FAME), CSA said.

CSA said the Coastal Sustainability Alliance PXO Electric Fleet Signing & MoU Ceremony was also held on 12 April. This is for the construction of the largest locally designed, built, and deployed electric tug and supply boat, which will be deployed in 2025.

Nine new CSA members were also welcomed during the event. 
 

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

SBR 5 Lorem Ipsum News 2 [8 May]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
SBR 4 Lorem Ipsum [8 May Top Stories]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Vibrant Group wins suit against Blackgold Australia
The group shall be paid damages and fees by Blackgold Australia’s ex-CEO and ex-chairman.
Lorem Ipsum text in year 2025
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old.

Exclusives

Exclusive three SBR 12 Lorem Ipsum [8 May]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
SBR 3 Lorem Ipsum [ Exclusive 2]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
SBR 2 Lorem Ipsum [8 May]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Event News

Video [Event News]
Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley