SOUTH Korean container line HMM plans to expand the use of biofuels to 5-10 per cent of its annual fuel consumption despite the higher cost.
HMM has conducted another biofuels trial on the 6,400 TEU vessel HMM Tacoma bunkering sustainable biofuel in Busan for a voyage on the company's Far East, India and Latin America service, reports UK's Seatrade Maritime News .
The fuel from GS Caltex is 30 per cent biofuel blend derived from cooking oil and 70 per cent high sulphur fuel oil and helped reduce greenhouse gas emissions by 24 per cent compared to conventional fuel oil.
Last April it signed an MoU with GS Caltex for the procurement of biofuels.
Biofuels are just part of HMM plans to reduce its carbon footprint. "We continue to find a way to go green, making meaningful progress toward a carbon-free future. To this end, we will seek to enhance our environmental competence and thereby be positioned as a top-rated carrier in responding to climate issues," an HMM official said.
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