A transatlantic voyage with a 68 per cent reduction in greenhouse gas emissions is easily attainable with co-processed marine fuel, according to Wagenborg. The company’s F-Class vessel recently completed such a voyage, upon request of Wagenborg’s client. The voyage subsequently illustrated the ease to switch to this type of drop-in biofuel.

“We consider the recent use of biofuels as a first step in short-term success when it comes to CO2 reduction,” the company said in its statement. Significant CO2 reductions can only be achieved when actions are taken in the entire supply chain, the company noted, which is why it continues to actively discuss the possibility of biofuels with its customers.

“Our entire fleet of MPP vessels is able to bunker the ISO 8217 compliant co-processed marine fuel, since no investment in onboard equipment is required to use this sustainable drop-in marine fuel. The fuel is produced using ISCC PLUS certified raw materials, such as vegetable oils, used cooking oil, or animal fat, which may reduce GHG emissions up to 80 per cent over the lifecycle, when compared to fossil fuels,” Wagenborg said.

Sustainable fit

The company adds that the use of biofuels fits perfectly in its sustainability strategy, which will see the company reduce CO2 emissions by 40 per cent by 2030, and even by 70 per cent by 2050, compared to base year 2008.

“So far, our fuel efficiency program and the first use of bio fuels resulted in a CO2 reduction of about 26 per cent compared to the year 2008,” Wagenborg said.

Wagenborg has opted for a five-step strategy which will see it focus on fuel efficiency, the use of transition fuels and research of new fuels well into 2030s. In it’s fourth step, starting in 2025, Wagenborg will start converting its current fleet, with the last step, fleet renewal, starting in 2030 through to the 2050s.