VARO, GoodFuels to Scale Biofuel Availability in Rotterdam
- Business & Finance
Reinplus Fiwado Bunker, a subsidiary of VARO Energy, has agreed with Netherlands-based GoodFuels to extended their partnership with the aim of improving availability of bio fuel oil (BFO) to deep sea vessels leaving from Rotterdam.
The new deep sea proposition, which will help to improve the sustainability of the segment, is based on extending the availability of GoodFuels’ bio fuel oil, which the company launched in autumn 2018.
The new partnership will see VARO help scale the sourcing, production, blending and distribution of GoodFuels BFO across the Amsterdam, Rotterdam and Antwerp (ARA) region. GoodFuels would continue to focus on the sourcing of sustainable feedstocks for the BFO, and the sale, marketing and product development of new sustainable fuel solutions.
BFO is a direct drop-in replacement for heavy fuel oil, containing no sulphur and 90% less carbon when compared to traditional fossil-based fuels such as heavy fuel oil. Biofuels are suitable for every type of vessel, without requiring any modifications to engine room equipment.
The move extends the steps taken by VARO and GoodFuels last year to form a partnership focused on scaling sustainable marine biofuels for the European inland shipping market.
“Due to upcoming IMO spec changes and stricter emission requirements, the demand for alternative shipping fuels is increasing. We are proud to now also provide sustainable biofuels to deep sea clients, alongside our inland shipping customers,” Ben van Kol, Managing Director of REINPLUS FIWADO Bunker, said.