Norway-headed roll-on/roll-off (RoRo) shipping and vehicle logistics major Wallenius Wilhelmsen ASA has announced that it has reached a milestone in its commitment to sustainability through its first biofuel contract with global fuel producer and supplier ExxonMobil. This partnership marks an important step towards reducing emissions and promoting eco-friendly practices.
According to the company, the recently signed contract entails the delivery of sustainable biofuel within the second half of this year, aligning with Wallenius Wilhelmsen’s strategic goal of achieving a net-zero emissions integrated supply chain service by 2027.
By leveraging sustainable biofuel, the company aims to actively contribute to a greener future for the shipping industry.
The biofuel from ExxonMobil contains 30 percent biofuel and 70 percent conventional fuels. It is the best option we have available for decarbonization of the fleet today, said Jon Tarjei Kråkenes, Head of the Orcelle Accelerator at Wallenius Wilhelmsen.
The first biofuel delivery is scheduled for July 2023, marking the beginning of a transformative journey toward decarbonization.
Jon Tarjei Kråkenes emphasizes the significance of this biofuel contract.
This agreement underscores our dedication to reducing emissions and promoting environmentally friendly practices within the shipping industry. While the contracted volume represents a relatively small portion compared to our annual fuel consumption, it serves as a crucial step in our broader sustainability efforts and sets the stage for further progress, Jon Tarjei Kråkenes said.
The collaboration between Wallenius Wilhelmsen and ExxonMobil highlights the shipping industry’s commitment to adopting greener solutions. It symbolizes a collective effort to address the environmental challenges posed by the sector and to pave the way for a more sustainable future.
ExxonMobil is proud to be working with Wallenius Wilhelmsen to help them meet their sustainability ambitions. We remain focused on advancing lower greenhouse gas (GHG) emission solutions, including biofuels, to help the marine industry meet its GHG emission objectives, said Aly Abdelmotaal, regional marine marketing manager at ExxonMobil.
As the demand for eco-friendly alternatives continues to grow, partnerships like this one demonstrate the industry’s dedication to fueling change.
Through such initiatives, the shipping industry is reshaping its practices to reduce its carbon footprint and drive positive environmental impact.
