The two companies are to blend Uniper Energy DMCC’s (UED) very low sulphur fuel oil (VLSFO) and Neutral Fuels’ biofuel, creating a marine fuel that meets the ISO 8217:2010 RMG380 specification.
Commenting, Lars Liebig, Managing Director of UED, said the collaboration is aimed to address climate protection - ‘the predominant social issue in the world today’.
‘UED’s mission is to help countries build up reliable and environmentally friendly energy supplies to support a global transition to cleaner energy,’ said Liebig. ‘Collaborating with Neutral Fuels enables us to accelerate our efforts.’
UED claims to be supplying up to 500,000 tons of VLSFO per month from its processing plant in the global bunker hub Port of Fujairah.
‘We will leverage our logistics infrastructure and global customer base, which stretches from the Middle East over South/East Africa, and up to India, Singapore and China,’ said Liebig. ‘The fuel will be available for large tankers and containers, and for smaller short sea and feeder vessels.’
For Fujairah terminals that are not currently connected to the grid, the companies say biofuel can also be used instead of fossil fuel in diesel generators, producing clean, green electricity and contributing to decarbonisation.
Gary Hubbard, Chief Commercial Officer of Neutral Fuels said it was ‘fitting for the UAE to lead the way’ in making maritime biofuel widely available to the shipping industry.
‘The UAE was quick to adopt the UN’s sustainable development goals and has been particularly active in working to cut emissions of CO2,’ said Hubbard. ‘This is the main culprit that creates the greenhouse gases which cause climate change.’
Hubbard continued: ‘In February this year, a month after the new IMO regulations came into place, we started supplying maritime biofuel and have proven its benefits across all operational, financial and environmental parameters. Partnering with UED now is the natural next step for us.’