ExxonMobil to supply marine biofuel to Wallenius Wilhelmsen

Photo: Wallenius Wilhelmsen

Shipping company Wallenius Wilhelmsen announced June 20 that it has reached a milestone in its commitment to sustainability through its first marine biofuel contract with ExxonMobil.

The partnership marks an important step towards reducing emissions and promoting ecofriendly practices, the company stated.

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 marine 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,” said Jon Tarjei Kråkenes, head of the Orcelle Accelerator at Wallenius Wilhelmsen. “It is the best option we have available for decarbonization of the fleet today.”

The first biofuel delivery is scheduled for July, marking the beginning of “a transformative journey toward decarbonization,” the company stated.

Kråkenes emphasized the significance of this biofuel contract.

“This agreement underscores our dedication to reducing emissions and promoting environmentally friendly practices within the shipping industry,” Kråkenes said. “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.”

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,” said Aly Abdelmotaal, regional marine marketing manager at ExxonMobil. “We remain focused on advancing lower GHG-emission solutions, including biofuels, to help the marine industry meet its GHG-emission objectives.”

As the demand for eco-friendly alternatives continues to grow, partnerships like this one demonstrate the shipping 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.