S-Oil Begins Supplying Bio-Ship Fuel... "Accelerates Adoption of Low-Carbon Marine Fuel"

Usable Without Additional Ship Modifications
From Raw Material Procurement to Storage and Supply All in Ulsan

S-Oil announced on July 22 that it has begun supplying bio-ship fuel (B30 VLSFO) containing 30% biofuel, in response to the decarbonization trend in the international shipping industry.

Bio-ship fuel is a marine fuel produced by blending sustainable biofuel with existing very low sulfur fuel oil (VLSFO). Since it can be used without additional ship modifications, it is considered a practical low-carbon fuel that can immediately respond to the environmental regulations of the International Maritime Organization (IMO) and the European Union (EU).

Kim Inchan, Head of Overseas Refining and Marketing at S-Oil (center), and employees are posing for a commemorative photo marking the start of bio-ship fuel supply. Photo by S-Oil

S-Oil has established a value chain for bio-ship fuel, covering everything from raw material procurement to blending and supply, ensuring stable delivery. By linking bio-ship fuel produced at the Onsan plant in Ulsan with nearby biofuel production facilities and storage infrastructure within the Ulsan area, the entire process—including procurement, blending, storage, and supply—can be carried out within a single operational zone.

Ulsan Port, in particular, is a high-demand port for bio-ship fuel, especially among automobile carriers, providing S-Oil with a locational advantage for fast and reliable supply.

S-Oil plans to continuously expand its eco-friendly fuel portfolio and proactively respond to the international shipping market and environmental regulations, starting with the supply of bio-ship fuel.

An S-Oil representative stated, "In the bio-ship fuel market, securing stable raw materials and establishing an efficient supply system are key competitive factors in addition to product quality," adding, "Based on our existing bunkering business capabilities and the excellent supply infrastructure in the Onsan area, we plan to deliver reliable and competitive low-carbon fuels to our customers."

This content was produced with the assistance of AI translation services.