Norwegian shipowner Wallenius Wilhelmsen announce that it has reached a milestone in its commitment to sustainability through its first biofuel contract with ExxonMobil, and that it marks an important step towards reducing emissions and promoting eco-friendly practices.

Wallenius Wilhelmsen also stating that it has a strategic goal of achieving a net-zero emissions integrated supply chain service by 2027, and by using sustainable biofuel with the first delivery scheduled for July, the company states that it aims to actively contribute to a greener future and decarbonisation for the shipping industry.

Jon Tarjei Kråkenes, head of the Orcelle Accelerator at Wallenius Wilhelmsen says that “the biofuel from ExxonMobil contains 30 percent biofuel and 70 percent conventional fuels. It is the best option we have available for decarbonization of the fleet today,”

Jon Tarjei Kråkenes furthermore emphasizes the significance of this biofuel contract: “This agreement underscores our dedication to reducing emissions and promoting environmentally friendly practices within the shipping industry. While the contracted volume represents a relatively small portion compared to our annual fuel consumption, it serves as a crucial step in our broader sustainability efforts and sets the stage for further progress.”

“ExxonMobil is proud to be working with Wallenius Wilhelmsen to help them meet their sustainability ambitions. We remain focused on advancing lower greenhouse gases (GHG) emission solutions, including biofuels, to help the marine industry meet its GHG emission objectives,” said Aly Abdelmotaal, regional marine marketing manager at ExxonMobil.