ExxonMobil Commercialising Marine Biofuels in North Europe
by Marcus Hand (Seatrade Maritime News) ExxonMobil is moving beyond the trial stage for drop-in biofuels to commercialisation of the product at North European ports. — Eddie Fish, Market Development Advisor Aviation & Marine Fuels at ExxonMobil, told Seatrade Maritime News in an interview that it was seeing increasing interest in biofuels as a transition fuel along with LNG, which is already established for a small portion of the global shipping fleet.
Fish said the benefits of drop-in biofuels are they do not require expensive modifications to vessels and that they deliver immediate greenhouse gas reductions (GHG).
As a drop-in fuel component added to Very Low Sulphur Fuel Oil (VLSFO) the higher the percentage of biofuels the higher the savings are in terms of GHG emissions. Currently biofuels are mainly blended at the 20 – 30% level which ExxonMobil sees a “sweetspot”, although the company has trailed up 49% biofuel (B49) with 51% VLFSO.
In the ARA (Amsterdam, Rotterdam, Antwerp) region ExxonMobil is moving from the trial stage to full commercial offerings of drop-in biofuels to customers.
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ExxonMobil is also working on bringing marine biofuels to market in Italy, most likely early next, year and has carried a few trials of B25 in Singapore, most recently with a bunkering for a Tata NYK Shipping vessel last month.