Wallenius Wilhelmsen, ExxonMobil team up for sustainable bio bunker fuel supply deal

Norway-based global RoRo shipping and vehicle logistics company Wallenius Wilhelmsen on Tuesday (20 June) said it has reached a milestone in its commitment to sustainability through its first biofuel contract with ExxonMobil.

The firms said the partnership marks an important step towards reducing emissions and promoting eco-friendly practices.

The recently signed contract entailed 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. 

The first biofuel delivery is scheduled for July, marking the beginning of a transformative journey toward decarbonisation for Wallenius Wilhelmsen.

Jon Tarjei Kråkenes, head of the Orcelle Accelerator at Wallenius Wilhelmsen, said: “The biofuel from ExxonMobil contains 30% biofuel and 70% conventional fuels. It is the best option we have available for decarbonisation of the fleet today.”

“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.”

Aly Abdelmotaal, regional marine marketing manager at ExxonMobil, said: “ExxonMobil is proud to be working with Wallenius Wilhelmsen to help them meet their sustainability ambitions. We remain focused on advancing lower greenhouse gases (GHG) emission solutions, including biofuels, to help the marine industry meet its GHG emission objectives.”

Photo credit: Wallenius Wilhelmsen
Published: 26 June, 2023