By: ICN Bureau
Last updated : May 06, 2025 11:11 am
Introduces Korea’s first-ever production and supply of B30 marine fuel, a pioneering blend of SRFO and biofuel in a 7:3 ratio
SK Incheon Petrochem has announced the launch and supply of biofuel-based marine fuel B30 in response to greenhouse gas reduction policies in the shipping industry. B30, which contains 30% bio-based raw materials, has been developed to meet the evolving sustainability needs of the maritime sector.
The newly launched B30 marine fuel is produced by blending SK Incheon Petrochem’s Straight Run Fuel Oil (SRFO) with biofuel supplied by JC Chemical in a 7:3 ratio. This product was successfully developed to meet the international standards set by ISO 8217, following joint research with SK Innovation’s Institute of Environmental Science & Technology. The supply of B30 officially began on April 26th.
The B30 blended marine fuel offers approximately 25% carbon reduction compared to conventional marine fuel, aligning with the carbon neutrality policies of the shipping industry and driving anticipated growth in demand. It has received official recognition for its environmental benefits and carbon reduction effects through the globally recognized International Sustainability and Carbon Certification (ISCC EU) for biofuels.
The International Maritime Organization (IMO) has set a target to reduce greenhouse gas emissions from marine fuels by 21% compared to 2008 levels by 2030. Ships unable to meet these standards will incur proportional costs based on their emissions. This mid-term measure was approved during the 83rd Marine Environment Protection Committee (MEPC) meeting held on April 11th.
A standout feature of the B30 fuel is SK Incheon Petrochem’s SRFO, which is refined from ultra-light crude oil in a single process without cracking (decomposition). Unlike blended products made from multiple raw materials, SRFO boasts higher energy output, enhanced safety, and fewer impurities, contributing to improved fuel efficiency and reduced maintenance costs for ships. The blending of SRFO with biofuel for marine fuel is the first of its kind in South Korea.
SK Incheon Petrochem plans to leverage its environmental and quality competitiveness to expand its footprint in the global marine fuel market, beginning with the West Sea region of Korea.
Yoon Young-ho, Head of B2B Business Office at SK Incheon Petrochem, stated, “We aim to provide next-generation fuel that combines environmental benefits with superior quality to domestic and international shipping companies through a stable supply system. We expect that biofuel-blended marine fuel will establish itself as a sustainable energy transition model for the shipping industry to address greenhouse gas regulations.”