Toyota Tsusho : Supplies Biofuel to Oceangoing Vessel at the Port of Nagoya
November 29, 2023 at 10:32 am IST
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Machinery, Energy & Project
2023-11-29
Toyota Tsusho Corporation ("Toyota Tsusho") announced today that it has supplied biodiesel fuel ("biofuel") through its Group company, Toyota Tsusho Marine Fuel Corporation, for a test voyage for DREAM JASMINE (oceangoing vessel), which is operated by Toyofuji Shipping Co., Ltd. ("Toyofuji Shipping").
Biofuel was supplied to DREAM JASMINE at the Port of Nagoya on October 27 using ship-to-ship bunkering* and the vessel departed for Oceania (Australia/NZ route) the next day. As Japan's first continuous supply of biofuel on a commercial basis, Toyota Tsusho has been supplying biofuel to Toyofuji Shipping's car carrier TOYOFUJI MARU (domestic vessel), but this is the first time that it has supplied biofuel to an oceangoing vessel of Toyofuji Shipping.
Toyota Tsusho, in cooperation with Daiseki Eco. Solution Co., Ltd., is continuing to procure waste cooking oil collected from the employee cafeterias and other facilities of the Toyota Group and Toyota Tsusho Group companies, which is then refined as part of the raw materials and blended with heavy oil to supply the biofuel.
The Toyota Tsusho Group will continue to contribute toward the transition to a carbon neutral society by accelerating businesses contributing to the reduction of GHG through the industrial life cycle and promoting initiatives toward carbon neutrality, so as to pass on a better global environment to the children of the future.
DREAM JASMINE receiving biofuel supply
*Ship-to-ship bunkering
A method of fueling a ship moored at a quay or pier and a ship alongside by a fuel supply ship sideways
The information in this release is current as of the date of announcement.
Please note that information may change after the date of announcement. Thank you in advance for your understanding.
Toyota Tsusho Corporation published this content on 29 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2023 05:01:17 UTC.
Toyota Tsusho Corporation is a diversified group organized around 7 areas of activity:
- production of metal (24.1% of net sales): steel bars, flat steel, wires, pipes, aluminum, etc.;
- manufacturing of chemical products and electronic components (23.2%);
- production of automobile components and accessories (12.4%). Toyota Tsusho Corporation also offers logistics services and tire assembly services;
- manufacturing of industrial machines equipment and gas (10.9%);
- sale of vehicles (7.9%): private cars, vans, heavy vehicles and motorbikes/scooters. The group also sells spare parts and offers after-sales services;
- manufacturing of food products (7.7%);
- other (13.8%): sale of insurance products (life, health, accident and house), accommodation services, sale of medical equipment and services, sale of textile products and office supplies.
Net sales are distributed geographically as follows: Japan (30.8%), China (14.4%), Africa (13.7%), the United States (9.8%) and other (31.3%).