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G E Shipping completes India’s first trials on MR tanker in international waters

25 May 2022 Evaluate

Great Eastern Shipping Company (G E Shipping) with support from the Director General of shipping, India & Indian Registry of Shipping has successfully completed India’s first trials on an MR tanker in international waters using biofuel-blend.

The biofuel grade B20M, a blend of ISCC certified 20% FAME biofuel and 80% VLSFO was bunkered at Dubai anchorage, UAE from a German company UNIPER Energy and the trials were conducted in international waters. There were no challenges faced during these trials. The sustainable biofuels can be used as a marine ‘drop-in fuel’ to help reduce carbon emissions in shipping. GE Shipping is India’s largest private sector shipping company which owns and commercially manages a fleet comprising of tankers and bulk carriers. This trial is a milestone in company’s journey towards decarbonisation.

Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.

GE Shipping Share Price

1586.75 34.35 (2.21%)
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Company Name CMP
Shipping Corpn. 338.75
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Dredging Corp 952.90
Seamec 1502.55
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