Neutral Fuels and GAC Bunker Fuels Partner to Reduce Maritime Carbon Emissions
(Biofuels International) GAC Bunker Fuels has signed a memorandum of understanding (MoU) with Neutral Fuels to market its marine gasoil biodiesel blend specifically developed for shipping clients in the United Arab Emirates (UAE), Bahrain, Oman, Qatar and India.
The two will also work together to expand the number of supply points throughout the Middle East and Africa.
Gary Hubbard, chief commercial officer of Neutral Fuels, said the partnership was a long-term joint commitment that would accelerate the decarbonisation of a sector essential to global trade.
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Marine gasoil (MGO) emits 3.22 tonnes of carbon dioxide and equivalents per metric tonne, which can be significantly reduced by the blending of pure Net Zero biofuel in varying increments.
A division of the GAC Group, GAC Bunker Fuels is making good progress on its drive to switch from oil-based marine fuels to fuels with a much smaller environmental impact, such as biofuels and LNG, and is well on track to achieve its carbon zero target by 2030. READ MORE
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