- DNV’s white paper “Biofuels in Shipping” highlights the potential of biofuels like FAME and HVO for reducing GHG emissions.
- In 2023, shipping consumed only 0.7 Mtoe of biofuels, representing 0.6% of global biofuel supply and 0.3% of shipping’s energy use.
- Ports like Singapore and Rotterdam accounted for half of biofuel supplies to shipping in 2023.
Biofuels, particularly FAME and HVO, offer the maritime industry a viable path toward decarbonization. However, while their usage can significantly reduce GHG emissions and aid compliance with regulatory frameworks, the sector faces challenges regarding limited biofuel supply and the competition for sustainable biomass. DNV’s white paper provides insights into these challenges while offering technical recommendations for the safe and efficient integration of biofuels in shipping operations.
Biofuel Potential and Current Usage
In 2023, the maritime sector’s biofuel consumption was a mere 0.7 Mtoe, underscoring the limited adoption of biofuels in shipping compared to other industries.
Despite this, biofuels hold promise for meeting GHG reduction targets under frameworks like CII, EU ETS, and FuelEU Maritime.
To unlock their full potential, sustainability, and GHG savings must be verified, typically through a Proof of Sustainability (PoS).
Biofuel Supply and Availability
Research indicates that biofuel bunkering has expanded to over 60 locations globally since 2015. Singapore and Rotterdam alone contributed to nearly half of the biofuel supplied to shipping in 2023.
However, the industry’s reliance on sustainable biomass and competition from other sectors could limit future biofuel availability, making alternative strategies essential for shipowners.
Technical and Operational Challenges
Biofuels are primarily used as blends with conventional fuels, requiring careful evaluation of their quality and compatibility with ship systems.
The technical performance of biofuels like FAME and HVO varies between vessels, necessitating individualized assessments to ensure safe operations and prevent equipment damage.
Expert Insights and Recommendations
DNV experts emphasize the importance of biofuels in maritime decarbonization strategies, advocating for their integration where affordable and available.
At the same time, shipowners are encouraged to explore energy efficiency measures and alternative fuels to achieve broader decarbonization goals.
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Source: DNV
