Tata Steel New Achievement

https://sharpbharat.com/ India 14-05-2024 Share Tata Steel New Achievement

Big achievement for Tata Steel, Tata Steel becomes the first Indian steel company to demonstrate full capacity on B24 biofuel for raw material shipment from Australia to India.
Jamshedpur: Tata Steel has become the first Indian steel company to travel at full capacity from the east coast of Australia to India, powered by B24 biofuel blend with Very Low Sulfur Fuel Oil (VLSFO). This voyage sets a new benchmark for sustainable shipping practices in India and will mark a new milestone in the country's maritime sector. Cape Vessel “MV Cape XL” departs Gladstone Port after loading coal. It successfully reached Kalinga International Coal Terminal Paradip Private Limited (KICTPPL) port to discharge 1,48,500 MT of coal. During its cargo voyage from Gladstone to Paradip, MV Cape XL used B24-grade biofuel which was loaded from its ballast port in Guangzhou, China. Carbon emissions for this fully laden voyage were approximately 565 tonnes less, which is 20% less than a conventional Cape vessel using VLSFO, in line with the company's ambitious Scope 3 reduction targets. (Also read below)

Piyush Gupta, Vice President, TQM Group Strategic, Tata Steel, said that through the use of biofuels in its marine operations, Tata Steel not only reiterates its commitment to reducing carbon emissions but also ushers in a new approach to sustainability in the industry. Also sets standards. By choosing a biofuel blend for our journey from Australia to India, we were able to reduce carbon emissions by 20%, making a significant contribution to our Scope 3 reduction targets. We will strive to make more such shipments for import via ships powered by alternative fuels, and will continue to associate ourselves with global efforts towards climate change. Despite facing challenges in fuel availability, Tata Steel successfully executed this historic shipment in collaboration with its partners, Cargill and Banel Energy International Limited.
The B24 blend, the current benchmark grade for marine biofuel, combines 24% used cooking oil methyl ester with 76% very low sulfur fuel oil. Earlier in December 2021, Tata Steel deployed the first bio-fuel-powered ship MV Frontier Sky, the first such attempt by any Indian steelmaker. The company continued the decarbonization drive with 7 biofuel shipments in FY2013 and 22 biofuel shipments in FY2014, also becoming the first Indian company to import cargo on bulk carriers using LNG as fuel instead of conventional VLSFO. It became. Tata Steel is also the first steel producer in the world to join the Sea Cargo Charter (SCC) to align its chartering activities with responsible environmental behavior in line with the policies and ambitions of the International Maritime Organization.

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