New ocean shipping biofuel to replace fossil fuels

(www.cargofee.com) News Broadcast：

  The GoodShipping Program, a sustainable initiative dedicated to decarbonising ocean freight, is the latest step in the scaling of low carbon marine bio-fuel oils for wider commercial use within the maritime industry.

  The sustainable marine biofuel oil, derived from forest residues and waste oil products, has been developed by GoodFuels after three years of testing with marine engine manufacturers. The oil is expected to deliver an 80-90 percent CO2 reduction versus fossil equivalents and virtually eliminates sulphur oxide (SOx) emissions – all without any requirement for engine modifications.

  In addition to switching to low sulphur fuels by 2020, the industry faces impending IMO greenhouse gas reduction, including an objective to reduce average carbon intensity from shipping by at least 40 percent by 2030, and 70 percent by 2050. So the partnership aims to demonstrate the scalability, sustainability and technical compliance of switching to marine biofuel oil.