Two SET-listed firms have made Thailand’s first commercial sales of biofuel for ships, according to PTT Oil and Retail Business Plc (OR), the oil trade flagship of national oil and gas conglomerate, PTT Group.
OR on Friday announced a partnership with Regional Container Lines Plc (RCL), a Bangkok-based shipping company, to pilot the distribution of B24, a very low sulphur fuel oil (VLSFO) for cargo ships, driving clean energy towards sustainable maritime transport.
OR’s vice president for aviation and marine marketing, Mr. Chaipruet Watchareecupt, presided over the first distribution ceremony of B24 VLSFO to the Piya Bhum, a vessel in RCL’s fleet, at Laem Chabang Port, Chonburi Province.
This operation was supported by Interbunker Supply and Transport Co, using the Dragon Ten as an oil tanker for transportation.
The delivery of renewable energy-sourced marine fuel to RCL marks a significant collaboration between the energy and maritime sectors to enhance the use of clean energy and reduce greenhouse gas emissions in the industry.
This distribution marks another important step for OR and RCL, following the signing of a Memorandum of Understanding in July. This collaboration will help propel Thailand’s maritime transport industry towards carbon reduction and sustainable growth.
The use of clean energy in Thailand’s maritime transport sector aligns with the OR 2030 Goals, which aim to create a healthy environment and prepare for climate change.