Norway-based shipping company Wallenius Wilhelmsen plans to incorporate biofuels into its marine fuel mix.
The company aims to replace over 10% of its marine fuel consumption with biofuel blends in 2024, primarily using a B30 blend comprising 30% biofuel and 70% conventional fuel.
Biofuel blends
Wallenius Wilhelmsen plans to use biofuel blends derived from used cooking oil methyl ester (UCOME), avoiding palm oil or its derivatives. In the near term, it will use biofuel blends on existing vessels, enabling its customers to reduce their carbon footprint.
Option to purchase carbon credits
Its customers will have the option to purchase carbon credits for their shipments, which are equivalent to shipments made on Wallenius Wilhelmsen’s biofuel-fuelled vessels.
Shipping firms such as HMM and Maersk are offering similar carbon-insetting programs to help customers reduce their carbon footprint.
Wallenius Wilhelmsen seeks to bunker biofuel blends in ports in Europe and Asia. The emission reduction credits from some of its ships powered by biofuel will be infused into this program.
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Source: Engine.online