International fuel testing and inspection firm Veritas Petroleum Services (VPS) on Tuesday (1 December) unveiled its new brand name for the company – VPS.
It notes the International Maritime Organisation is targeting to reduce the carbon intensity of international shipping by at least 40% by 2030 and 70% by 2050, relative to 2008, with CO2 emissions reduced by 50% at that time.
The power sector is also rapidly decarbonising through greater use of renewable energy sources whilst simultaneously reducing its burning of fossil fuels.
VPS says it is already ahead of the curve as the company pioneered fuel quality testing in 1981 to better protect assets, people and the environment.
Since then, the company has grown to become the largest bunker fuel testing company in the world, having tested more than three million samples over the past 40 years.
In addition, VPS has introduced innovative, bespoke fuel testing methods and has expanded into oil condition monitoring. It has also further expanded its expertise to test transformer insulating fluids, widening the company’s market reach to the electricity and renewables sectors.
The company is dedicated to helping customers optimise their use of resources, minimise their environmental emissions and create a more sustainable way to grow their business.
“VPS is here to provide valuable advice on the optimisation of engine performance, asset protection and the reduction of GHG emissions,” it states.
“For our Shipping customers: We are continually developing and improving prevention services for both fuel and lubricating oil to help further protect your vessels, your crew and our environment.
“For our Power customers: The protection of your assets, staff and the world around us drives VPS to continually develop our damage prevention services for testing transformer oil, lubricating oil and fuel.
“VPS helps every customer seamlessly transition to new greener fuels, achieve the environmental targets relating to GHG emissions and CO2 reduction, and maintain legislative compliance.
“By utilising advanced data analytics, VPS provides deeper, actionable insights into achieving these sustainable improvements.
“VPS is here to help the world move forwards and deliver on decarbonisation.”
Photo credit: VPS
Published: 2 December, 2020
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