HMM signs MoU with GS Caltex to secure Marine Biofuels


HMM has signed a Memorandum of Understanding (MoU) with GS Caltex to secure marine biofuels. HMM also plans to conduct the trial use of the fuels on its three 24,000 TEU containerships in the second half of this year.

Park, Jinki, Senior Executive Vice President of HMM, said, “Based on this MoU, we expect to generate less greenhouse gas emissions and thereby contribute to limiting climate change. Furthermore, we will continue to enhance our environmental competence by accelerating R&D activities “.

The marine biofuels comprise 30 per cent biodiesel derived from used cooking oil and 70 per cent high-sulfur fuel oil(HSFO). Biodiesel reduces greenhouse gas emissions by 80% compared to conventional fuels. In addition, biofuels have the merit of being compatible with current ship engines without technological modification.

In 2021, HMM performed the first test voyage using biofuels on its 13,100 TEU containership. The vessel HMM Dream, deployed in EC1 (East Coast 1) service connecting Asia and the US East Coast, successfully completed the voyage in the Pacific Ocean.

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Ryan is the Digital Marketing and Content Creation Manager for Trade and Logistics Siam Ltd. He provides a creative flair to the team and his resourcefulness helps to bring an imaginative improvement to both literary archetypes and online content production. A writer by day and a rider by night, when he's not composing the latest logistics news update or creating compelling copy for our clients, Ryan spends his free time travelling Thailand by motorbike.