Stena Bulk said Monday it is offering low-carbon biofuel as an option for its customers following trials of the cleaner and costlier fuel on board one of its tankers in April.
A recent trial, where a cross-Atlantic voyage was conducted with GoodFuels’ 100% waste-based biofuel on board MR tanker Stena Immortal, proved the technical and operational feasibility of using biofuels in regular tanker operations, Stena Bulk said. Now the company is introducing options ranging from 20% to 100% biofuels based on an offsetting program where the biofuel is used within the Stena Bulk fleet.
This allows customers to make use of low-carbon shipping options regardless of fuel availability on the specific route, Stena Bulk said, addint it also guarantees that operation is performed without any disturbance to the shipment.
“Performing according to our customers’ expectations is our highest priority, and this setup allows us to continue to do that while also offering a service,” said Erik Hånell, President and CEO for Stena Bulk. “It will be one way to take actions in meeting future requirements. This type of fuel is one step in many combined sustainable solutions that needs to be considered and can be used today.”
Biofuel has the potential of putting shipping on the trajectory towards the International Maritime Organization’s (IMO) greenhouse gas reduction targets, without having to wait for new technology and zero-carbon fuels to emerge as commercially viable options.
“We need to come together as an industry to find solutions that comply with future legislation,” Hånell said. “By working together, sharing experiences, risks and inspiring each other, we are convinced that we will meet the targets and ensure that shipping remains the most efficient and sustainable mode of transportation.”