{"id":81282,"date":"2024-09-26T00:00:00","date_gmt":"2024-09-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/09\/26\/asyad-group-oq-alternative-energy-sumitomo-corp-middle-east-partner-to-turn-oman-into-a-low-carbon-fuel-bunkering-hub\/"},"modified":"2024-09-26T00:00:00","modified_gmt":"2024-09-26T00:00:00","slug":"asyad-group-oq-alternative-energy-sumitomo-corp-middle-east-partner-to-turn-oman-into-a-low-carbon-fuel-bunkering-hub","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/09\/26\/asyad-group-oq-alternative-energy-sumitomo-corp-middle-east-partner-to-turn-oman-into-a-low-carbon-fuel-bunkering-hub\/","title":{"rendered":"Asyad Group + OQ Alternative Energy + Sumitomo Corp Middle East partner to turn Oman into a low-carbon fuel bunkering hub"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Oman making moves to position itself as green bunkering hub<\/strong><strong>: <\/strong>Oman\u2019s leading logistics solutions provider Asyad Group has signed a joint study agreement with energy firm OQ Alternative Energy and <a target=\"_blank\" href=\"https:\/\/www.sumitomocorp.com\/en\/mideast\/\" style=\"\" rel=\"noopener\">Sumitomo Corporation Middle East<\/a> to explore Oman\u2019s potential to be a low-carbon fuel bunkering hub, according to a <a target=\"_blank\" href=\"https:\/\/asyad.om\/who-we-are\/media-center\/news\/2024\/09\/25\/asyad-establish-oman-low-carbon-fuel-bunkering-hub-rfi\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">What we know:<\/strong><span style=\"background-color: transparent;\"> The group has issued a request for information (RFI) from the world\u2019s leading shipping companies to propel the adoption of global green logistics solutions in the country, the statement notes. The insights gathered from the RFI will form the foundation of a feasibility study to assess key factors including levelized costs of low-carbon fuel delivery, the infrastructure needed to support operations, and alignment with global regulatory standards.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Leveraging Oman\u2019s existing facilities:<\/strong> Existing bunkering sites in Oman\u2019s Salalah and Duqm ports are earmarked for retrofitting to support low-carbon fuel operations, the statement added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Things are taking shape in Oman:<\/strong> Oman\u2019s Sohar port also announced <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4fa556a1-569d-4079-b836-41a3416f4586\/alibaba-to-help-display-saudi-products-on-its-platform-%2B\" style=\"\" rel=\"noopener\">in June<\/a> that it will start using biofuel bunkering in tugboat operations after experimenting with B20 \u2014 an 80% diesel and 20% biofuel mix \u2014 at Tug Sohar.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The market is ripe for the taking: <\/strong>Marine biofuel demand at Singapore \u2014 the world\u2019s largest bunkering hub \u2014 is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/62f7d912-1540-45b7-8e75-26ef5f7ba276\/today:-pakistan-%2B-dubai-ink-investment-framework-agreements-on-rail-and-a-new-economic-zone\" style=\"\" rel=\"noopener\">likely to double<\/a> to nearly 1 mn metric tons by 2025. Several shipping firms are testing out marine biofuel as an eco-friendly substitute for traditional fuel oil to help lower their carbon emissions. Bio-blended marine fuel sales at Singapore increased more than threefold last year to top 500k tons.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The group has issued a request for information (RFI) from the world\u2019s leading shipping companies to propel the adoption of global green logistics solutions in the 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Group + OQ Alternative Energy + Sumitomo Corp Middle East partner to turn Oman into a low-carbon fuel bunkering hub","related_issue":[81274],"teaser":"The group has issued a request for information (RFI) from the world\u2019s leading shipping companies to propel the adoption of global green logistics solutions in the country.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/9\/.3b7d9ad2-3b9f-4c6d-a396-9ac591c00cc7.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Asyad Group + OQ Alternative Energy + Sumitomo Corp Middle East partner to turn Oman into a low-carbon fuel bunkering hub - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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