Tata Steel: First Indian firm fully loads B24 biofuel voyage Aus to India

10 May 2024 CW Team

Tata Steel announced that it had become the first Indian steel company to embark on a fully loaded journey from the East Coast of Australia to India. According to a press release by the company, the cape vessel named "MV Cape XL" set sail from Gladstone port after loading 148,500 metric tons of coal on April 17 and reached the Kalinga International Coal Terminal Paradip (KICTPPL) port on May 8.

The voyage was highlighted as a significant achievement in sustainable shipping practices within India, marking a notable milestone in the country?s maritime sector. It was noted that the vessel utilized a B24 biofuel blend along with Very Low Sulphur Fuel Oil (VLSFO) for power.

The B24 blend, recognized as the prevailing benchmark grade for marine biofuel, incorporates 24% used cooking oil methyl ester (UCOME) with 76% VLSFO. During its journey from Gladstone to Paradip with a full load, MV Cape XL utilized biofuel obtained from its ballast port in Guangzhou, China. The carbon emission for this leg of the journey was estimated to be approximately 565 tons less, which signifies a 20% reduction compared to a traditional cape vessel using VLSFO, aligning with the company's Scope 3 reduction targets.

Peeyush Gupta, the Vice President of TQM, Group Strategic Procurement, and Supply Chain at Tata Steel, commented on the initiative, expressing that by employing biofuel in maritime operations, Tata Steel not only affirms its dedication to reducing carbon emissions but also establishes a new standard for sustainability within the industry. Gupta stated that by opting for a biofuel blend for the voyage from Australia to India, they were able to reduce carbon emissions by 20%, thus making a significant contribution towards their scope 3 reduction targets.

Infrastructure Urban

03 Nov 2025

VE Commercial Vehicles Reports 13.2% Sales Growth in October

VE Commercial Vehicles (VECV)—a joint venture between Volvo Group and Eicher Motors—recorded sales of 8,050 units in October 2025, up 13.2 per cent from 7,112 units in October 2024. The tally includes 7,771 Eicher brand units and 279 Volvo brand units. Eicher-branded trucks and buses posted sales of 7,771 units in October 2025 against 6,911 units a year earlier, reflecting 12.4 per cent growth. In the domestic market, Eicher sold 7,070 units compared with 6,611 units in October 2024—a rise of 6.9 per cent. On the exports front, VECV achieved a robust increase, selling 701 units versus ..

BorgWarner Batteries to Power HOLON’s Autonomous Shuttle

BorgWarner, a global leader in sustainable mobility solutions, has secured a contract to supply its advanced battery system for the new HOLON urban—a 15-seater, Level 4 autonomous, fully electric shuttle developed by the BENTELER Group. This marks BorgWarner’s first contract for an autonomous vehicle battery system in North America. Each shuttle will feature two lithium nickel manganese cobalt oxide (NMC) 5AKM 157 cylindrical cell battery packs, each equipped with an integrated, replaceable contactor box and a multi-pack controller. The 57 kWh battery packs feature a modular design, stain..

AtoB to Acquire India’s LogiPe in Global Fleet Fintech Expansion

LogiPe, a leading Indian fintech specialising in real-time payments and fleet solutions, has announced its upcoming acquisition by AtoB, a global financial services company transforming fleet payments and spend management. The move aims to strengthen AtoB’s worldwide capabilities in delivering next-generation financial services for fleet owners and operators. Founded in 2022, LogiPe works with over 10,000 fleet owners across India, offering prepaid card-based payment solutions to logistics players such as Bigstock Logistics and Instant Transports. The company pioneered real-time payments an..