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GoodFuels opens first Singapore office to meet growing biofuel demand

25 Feb 2022

Sustainable biofuels pioneer GoodFuels on Thursday (24 February) said it has opened its first office in Singapore to enable them to respond to fast-growing global demand for its advanced sustainable biofuels, which reduce greenhouse gas emissions from shipping by up to 90%.

The Singapore office will be the biofuel company’s second office and its first outside of Europe. From the new office, GoodFuels will source and deliver its sustainable advanced biofuels directly to one of the world’s most important shipping and marine fuel hubs.

Singapore was chosen as the target for GoodFuels’ first international expansion because of its importance to the global shipping industry and its leading position as a key bunkering hub, with mature bunkering infrastructure that will support the delivery of marine biofuel.

Over the last seven years, GoodFuels has completed hundreds of bio-bunkerings with companies from around the globe and on a variety of vessel types, including dry bulk, containerships, tankers, and ro-ro vessels. 

The new Singapore office will offer a local option to its existing clients who operate in Asia, while also responding to fast-growing demand from other companies in the region.

Dirk Kronemeijer, Founder & CEO of GoodFuels, said: 

“The launch of this first regional office is a major milestone for GoodFuels, strongly setting us up in one of the most important shipping hubs. This is a unique opportunity to have an even greater positive impact on the environment, by scaling up our sustainable biofuels to enable more shipping companies to reduce their greenhouse gas emissions today.

“In recent years, we have seen a spectacular growth in the demand for our products coming from all regions of the world. At GoodFuels, we have a proven track record in creating sustainable fuels markets, and we are eager to partner with even more pioneers who are dedicated to doing the right thing for the planet.”

Meanwhile, Singapore energy veteran Jing Xieng JX Han, who is also general manager of GoodFuels Asia Pacific, said: 

“GoodFuels has a proven track record in Europe of pioneering the use of biofuels in transportation, especially in the shipping sector. I am eager to build on the team’s success in the West to support environmentally-minded shipowners in the Asia Pacific region in their decarbonisation journey.”

 

Photo credit: GoodFuels
Published: 25 February, 2022

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