© Reuters. The Cargill logo is printed on the Provimi Kliba and Protector animal nutrition plant in Lucens, Switzerland, September 22, 2016. REUTERS / Denis Balibouse
By Emily Chow
SINGAPORE (Reuters) – Cargill Inc is looking to promote the use of biofuels in a pit test and plans to order ships powered by methanol as part of a plan to cut emissions, a senior executives of global commodity traders said on Wednesday.
One of the world’s largest charterers, Cargill has been testing biofuel performance in its ships since the start of the year as it ramps up efforts to go green.
The trial aims to boost biofuel use by ships to 50,000 tons by mid or late 2023, up from 12,000 tons since January, said Olivier Josse, the company’s head of marine fuels. company, said at a conference in Singapore.
“We will bring in some Fatty Acid Methyl Ester (FAME) and do some blending in the fourth quarter in Singapore,” he said, referring to the bio-content blended with the diesel fuel. fossil fuels to make biodiesel.
Josse added that at the event, Singapore International Convention and Exhibition (SIBCON) 2022, the move to combine FAME in Singapore is aimed at understanding customer demand and appetite for biofuels as combustion fuels. on fire.
Cargill is also testing and piloting the use of methanol as a transportation fuel, he said.
“We are in the process of bidding for methanol dual-fuel vessels to be delivered over the next few years.”
Global shipping accounts for almost 3% of the world’s CO2 emissions, as about 90% of world trade is transported by sea.
By 2050, the International Maritime Organization (IMO) has set a target of halving the sector’s greenhouse gas emissions from 2008 levels. This goal will require the rapid development of zero-emission fuels. or low emission and new designs for ships.
Last year, Cargill said it had cut nearly 1.5 million tonnes of total carbon emissions from its fleet since 2017.
It has also worked with technology partners to install sails on some ships, which will cut carbon emissions by up to 30% by harnessing wind energy.
Josse said Cargill’s first wind-powered vessel will be delivered in early 2023, adding that he also sees methanol, ammonia and biofuels in future alternative fuel mixes.
“Hopefully wind will make up a big part of our fuel mix,” he added.