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BRIEF-Vitol Targets Asia Biofuel Growth With Specialist Bunker Barges

Reuters SG

Oct 24 (Reuters) - VITOL:

* SAYS STRENGTHENING ITS POSITION IN ASIA'S EXPANDING BIOFUEL MARKET, WITH DELIVERY OF SPECIALIZED BUNKER BARGES TO SINGAPORE IN 2024

* SAYS FROM EARLY NEXT YEAR, VITOL THROUGH ITS WHOLLY-OWNED SUBSIDIARIES V-BUNKERS AND VITOL BUNKERS WILL BE ABLE TO OFFER A RANGE OF BIOFUEL BLENDS, FROM B24, B30 AND EVEN UP TO B100 IF CUSTOMERS REQUEST IT

* SAYS THE FIRST IMO-TYPE 2 BARGE ORDERED BY V-BUNKERS WILL BE DELIVERED IN JANUARY, TO BE FOLLOWED BY SEVERAL MORE THROUGHOUT 2024 (Reporting by Swati Verma in Bengaluru)