Vitol achieves milestone with its inaugural bio bunker fuel delivery in the UAE

Energy trader Vitol on Tuesday (19 December) said it has successfully completed its first biofuel deliveries in Fujairah.

Through its wholly-owned bunker arm, Vitol Bunkers, two vessels received B24 VLSFO on 8 and 14 December respectively. 

Vitol said the fuel was sourced from its Fujairah-based refinery FRL and blended with regionally-sourced biofuel at VTTI storage facilities.

“Certified biofuels are expected to play a key role in helping the hard-to-abate maritime sector to decarbonise and reduce greenhouse gas (GHG) emissions on a well-to-wake basis, can actively reduce a vessel’s Carbon Intensity Indicator (CII), and count as a zero CO2 emissions factor once shipping joins the EU’s Emissions Trading System (ETS) in 2024,” it said in a statement. 

“The deliveries coincided with COP28.  Vitol Bunkers thanks the port of Fujairah and the government of the UAE for their progressive sustainable policies that enabled the delivery to take place.”

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Photo credit: Vitol
Published: 20 December, 2023