Boskalis in Biofuel Deal
- Business & Finance
Boskalis and Wartsila have announced their collaboration with GoodFuels Marine, the first marine biofuel company focused on the global commercial fleet, in which they will pioneer the development of sustainable “drop in” marine biofuels for the shipping industry.
Netherlands-based GoodFuels Marine and its partners will spearhead a two-year pilot program to accelerate the development of truly sustainable, scalable and affordable marine biofuels.
Biofuels are today not part of the marine fuel mix that operators and owners can choose from. This means that shipping is missing an opportunity to utilise what should be a price competitive, environmentally friendly fuel option.
The program’s focus will be on delivering and analyzing a sustainable feedstock, securing industry certification, and preparing the building blocks for large-scale production. Additionally, the consortium will initiate a global scalability study involving leading shipowners, universities, NGOs, ports, biofuel companies and other industry stakeholders.
The aim will be to identify tangible opportunities for scaling supply to the world’s commercial shipping fleet.
Theo Baartmans, Boskalis COO, said: “We strongly believe in the need for sustainable “drop in” marine biofuels and their potential as part of the long term fuel mix, as we see them as an important means of improving the sustainability of the industry. Participating in this pilot and making our vessels available is in line with Boskalis’ approach to seeking innovations that work hand in hand with sustainability.”
Roger Holm, Senior Vice President, Engines, Wartsila Marine Solutions, said: “Wartsila, together with its customers, is highly committed to continuously finding better, more sustainable marine engine solutions. This is another great example of that commitment, whereby we support pioneering innovations that provide ship operators with greater flexibility and choice about how they can reduce emissions.”
Dirk Kronemeijer, GoodFuels Marine CEO, added: “We believe that the international shipping market is now ready and well-placed to embrace truly sustainable, long term alternative fuels that can meet all stringent technical, economical and sustainability standards, similar to the sustainable jet fuel market five years ago. As the shipping industry seeks means of contributing towards carbon and wider emissions reduction, we are excited to be part of such a strong consortium with the expertise and motivation needed to establish this new market.”
The consortium will test several next generation biofuels at the Wartsila laboratory in Vaasa, Finland before ‘sea trials’ are carried out on various vessels within Boskalis’ global fleet. With the objective of developing a fuel mix that is fully sustainable, the program seeks to promote a lower carbon footprint for the maritime sector.