VARO Energy and Höegh Autoliners, a leading global provider of ocean transportation solutions, announced a strategic partnership focused on supplying 100% advanced biofuels for deep-sea transportation from Europe. This sustainable energy solution reduces the Greenhouse Gas (GHG) emissions by 85% vs. conventional maritime fuels, VARO said.
VARO’s biofuels business is focused on reducing the use of food and feed as feedstocks and building assets to manufacture advanced biofuels derived from waste and advanced feedstocks, including Sustainable Aviation Fuels (SAF) and Renewable Diesel (HVO).
VARO supplies novel blends based on various bio-components, and Höegh deploys them proactively, before decarbonization policies such as the Emissions Trading Scheme, that will be expanded into Marine and FuelEU Marine, are in force.
In 2021, Höegh Autoliners achieved a significant milestone by completing its first carbon-neutral voyage when Höegh Trigger ran on advanced biofuels, adhering to the highest sustainability standards on its journey from Europe to South Africa. In 2022, the company supplied 3,858 MT of biofuel to two prominent automobile manufacturers. In 2023, its commitment to sustainability continued by sourcing 10,377 MT of biofuel, with several other projects in the pipeline expected to further increase the biofuel supply in 2024.
BMW Group is amongst the OEMs already choosing to ship cargo using advanced biofuels. The contract between BMW and Höegh Autoliners resulted in emission reductions of 4,466 MT CO2 equivalents in 2022.
Höegh Autoliners said it has seen an increasing number of customers opting for biofuels.
Tags: Höegh Autoliners, Shippng, Sustaiability, VARO Energy
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