Toyota Tsusho Conducts Japan’s First Trial to Supply Biodiesel Fuel to Ships in the Port of Nagoya – Contributing to the Achievement of Carbon Neutrality by Reducing Greenhouse Gases from Marine Fuel –

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Toyota Tsusho Conducts Japan’s First Trial to Supply Biodiesel Fuel to Port of Nagoya Ships
– Contribute to achieving carbon neutrality by reducing marine fuel greenhouse gases –

2022-04-19

Toyota Tsusho Corporation (“Toyota Tsusho”) today announced that Toyotsu Energy Corporation (“Toyotsu Energy”) conducted a trial with a tug*1 operated by Sanyo Kaiji Co., Ltd. (“Sanyo Kaiji”) – a subsidiary of Nippon Yusen Kabushiki Kaisha (“NYK Line”) – for ship-to-ship bunkering*2 marine biodiesel*3 (“biofuel”) at the Port of Nagoya on April 19, 2022. This was the first attempt to supply biofuel by ship-to-ship bunkering in Japan.

The biofuel supplied to the Sanyo Kaiji tug came in part from waste cooking oil collected from Japanese companies under Toyota Group and Toyota Tsusho Group through the collaboration between Toyota Tsusho and Daiseki Eco. Solution Co., Ltd. This initiative also contributes to the circular economy by creating a supply chain that uses local production for local consumption. As a carbon-neutral marine fuel that can be used as is in existing engines, it will serve to promote carbon neutrality in the shipping industry, including companies operating coastal vessels, if a supply chain to regular use is established in Japan.

1. Origins

The shipping industry is responsible for approximately 2% of global greenhouse gas (GHG) emissions. In 2018, the International Maritime Organization (IMO) adopted a strategy to reduce GHG emissions from ships and set a target of reducing GHG emissions by 50% compared to 2008 levels by 2050. In addition, the Japanese government has announced that it will reduce GHG emissions by 46% from 2013 levels by 2030 and achieve carbon neutrality by 2050, and encourages the shift to marine fuels from petroleum heavy and light oil, which are derived from petroleum, to alternative fuels as part of its green growth strategy. Although it is expected that ships will use hydrogen and ammonia in the medium to long term, due to related requirements such as expensive investments and technology development, biofuel is currently seen as a viable carbon neutral fuel prospect.

2. About this project

The Toyota Tsusho Group is focused on efforts to switch to alternative fuels for ships. In addition to performing the first biofuel operation trial by a marine fuel supply vessel (bunker barge) in Singapore in April 2021, the Group also performed a biofuel operation trial for an NYK Line ocean-going vessel in June 2021. This time, the Group plans to conduct a continuous biofuel supply trial over a period of about three months for Sanyo Kaiji tugs at the port of Nagoya, which handles the largest volume of cargo in Japan. Through this initiative, the Group will verify the efficiency of the use of biofuel from used cooking oils for coastal vessels.

The Toyota Tsusho Group will continue to contribute to the transition to a decarbonized society by accelerating activities contributing to the reduction of GHGs throughout the industrial life cycle and by promoting initiatives towards carbon neutrality, in order to transmit a better global environment to the children of the future.

Toyotsu Energy Corporation Overview

Company Name

Toyotsu Energy Corporation

Location

Nagoya City, Aichi Prefecture

Established

July 5, 1969

Shareholder

Toyota Tsusho Corporation 100%

Representing

Fumiaki Nakanishi, President

activity Descrition

Sales of petroleum products; import and export of lubricating oils; sale of liquefied petroleum gas; sale and installation of safety equipment; and sales of biomass and liquefied natural gas

Website

https://www.toyotsuene.co.jp/ (in Japanese)

*1 Tug
A vessel that guides and assists large vessels – which cannot move freely with precision in confined areas such as within harbor limits – by towing with ropes or pushing with its bow to support them in berthing and equipment in complete safety

*2 Ship-to-ship bunkering
A method of refueling a ship moored at a quay or pier and a ship alongside a refueling ship alongside

*3 Biodiesel fuel (BDF)
BDF is an alternative fuel to light petroleum obtained by methyl esterification of vegetable oils and fats and is expected to be used as an alternative fuel for petroleum-derived heavy and light petroleum. The United Nations Intergovernmental Panel on Climate Change (IPCC) considers BDF to be carbon neutral throughout its life cycle because CO2 is absorbed during the growth of plants, from which BDF is made.

– Press Release June 29, 2021: Toyota Tsusho Conducts First Trial in Singapore to Sell and Supply Biodiesel Fuel to NYK Line Ocean Vessel
https://www.toyota-tsusho.com/english/press/detail/210629_004852.html

– Communique dated April 22, 2021: TTC to conduct supply and operation trial, a first in Singapore, in anticipation of regular use of biodiesel for ships
https://www.toyota-tsusho.com/english/press/detail/210422_004814.html

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Toyota Tsusho Corporation published this content on April 19, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on April 19, 2022 07:33:09 UTC.

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