Mar.6th, 2023
Astomos Energy Corporation
NYK Line
Marine Biofuel Demonstration on LPG Carrier Completed-- Confirming the Safety of the Marine Biofuel Supply Chain -Astomos Energy Corporation (Astomos) and NYK Line have completed a pilot on theliquefied petroleum gas (LPG) carrier Lycaste Peace (owned by NYK Line and chartered byAstomos), bunkering FAME B24* marine biofuel in Singapore. The test voyage wascompleted on February 26. The demonstration is part of a project to establish an assurance
framework for the supply chain of sustainable biofuels led by the Global Centre for Maritime
Decarbonisation (GCMD), a non-profit organization in Singapore that aims to support thedecarbonisation of the shipping industry.
In this demonstration test, Astomos and NYK Line, together with the biofuel bunker
supplier, proved that the sustainable biofuels in this case is traceable along the supply chain,by tracking the transportation of biofuel from the place of production to Singapore, blending
the biofuel with conventional fuels, the site of bunkering, and management of the blended
fuels.
Biofuels can be used without modifying the existing ship’s engines and port infrastructure.
Furthermore, although biofuels generate carbon dioxide (CO2) when combusted, they are
considered carbon-neutral because they are made from biomass and feedstock, such as waste
cooking oil. So biofuels are expected to be one of the most promising next-generation fuels
for decarbonization.
This project, announced at the end of July 2022, involved Astomos and NYK Line, as part ofa consortium consisting of 19 industry partners and 13 vessels, including container ships,
tankers, and bulk carriers, bunkering in five supply chains. The trials aim to establish aframework that provides transparency in the supply chain of marine biofuels from upstream
to downstream in order to ensure their wider adoption by the industry. The framework will
help to establish supply chain transparency for next-generation fuels other than biofuels,
such as ammonia.

Astomos and NYK Line will continue to collaborate on efforts to establish transparency inthe next generation fuel supply chain, including marine biofuels.
Referencehttps://www.gcformd.org/press-release-dropin-biofuel
https://www.gcformd.org/post/gcmd-led-consortium-successfully-completes-trialling-twosupply-chains-of-sustainable-biofuels<LYCASTE PEACE>

Length: 230.00 meters
Width: 36.60 meters
Designed draft: 10.782 meters
Gross tonnage: 46,021.00 tons
Cargo capacity: 49,999.00 tons
Year built: 2003
Shipbuilder: Mitsubishi Heavy Industries, Ltd.
(Note 1) FAME B24: FAME stands for Fatty Acid Methyl Ester and includes different types
such as UCOME (Used Cooking Oil Methyl Ester), PME (Palm Methyl Ester), RME(Rapeseed), SME (Soybean), and TME (Tallow). B24 refers to a 24% blending ratio, and in
this case, the ship performed a trial voyage using fuel containing 24% FAME (UCOME).
Company Overview:

Astomos Energy Corporation:
Headquarters: Chiyoda-ku, Tokyo
Representative: President and CEO Mitsuaki Yamnaka
Website: http://www.astomos.jp/
Nippon Yusen Kabushiki Kaisha (NYK):
Headquarters: Chiyoda-ku, Tokyo
Representative: President and CEO Hitoshi Nagasawa
Website: https://www.nyk.com/