Tuesday, September 26, 2023
HomeDry CargoEagle Bulk Shipping partners with Goodfuels to take on biofuels

Subscribe

To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

Eagle Bulk Shipping partners with Goodfuels to take on biofuels

Eagle Bulk Shipping has successfully completed a fossil-free voyage in partnership with transport biofuels provider GoodFuels.

The 63,529 DWT bulk carrier Sydney Eagle was bunkered with GoodFuels’ advanced marine biofuel for the first time during its call at Terneuzen, the Netherlands. Eagle Bulk Shipping’s carbon footprint is substantially reduced when using GoodFuels’ sustainable marine biofuel, which enables an 80-90% well-to-exhaust CO2 reduction.

GoodFuels’ advanced biofuels are produced from certified renewable feedstocks labelled as 100% waste or residue that cannot be used for any higher quality application or recycling, such as used cooking oil and waste animal fats.

The biofuels “drop in” to tanks without any alterations to the fuel infrastructure or marine engines, and ensure compliance with the International Maritime Organisation’s (IMO) Sulphur Cap as they are virtually free of all SOX emissions.

Isabel Welten, chief commercial officer at GoodFuels, said: “It’s an honour to work with Eagle Bulk Shipping as a fellow passionate environmental frontrunner that is exploring an innovative and sustainable pathway to shipping’s decarbonisation transition by bunkering our sustainable marine biofuels.

“This announcement is the latest step in scaling our low-carbon biofuels for wider commercial use within the maritime industry. With our ambition to become the principal sustainable fuel supplier for the global transport industry, and our offer of mature 100% biofuels, GoodFuels is perfectly positioned to facilitate the energy transition for owners and operators.”

Related Posts

Video

Finance & Economy
Shipping News
Ports

Star Bulk Announces the Repurchase of 10 Million of Its Common Shares

Star Bulk announced that it entered into a Repurchase Agreement (with OCM XL Holdings, LP, a limited partnership incorporated in the Cayman Islands, pursuant...

Trafigura announces executive leadership changes

Trafigura Group Pte Ltd. has announced an evolution of its executive team to further strengthen leadership and focus across its global activities during a...

Woori, HMM, KOBC to buy Polaris in prospective $448 mln deal – report

Polaris Shipping Co. is poised to sell its entire stake at around 600 billion won ($447.5 million) to Woori Private Equity Asset Management Co....

Pyxis Tankers Announces Closing of Ultramax JV Investment

Pyxis Tankers, an international shipping company, reported that on September 14, 2023, the Company closed on its previously announced newly formed drybulk joint venture...

Korea’s STX denies rumor that it is backed by Chinese fund

South Korean general trading company STX Corp. has said its largest shareholder is a local investment firm, while refuting the false reports appearing through...

Baltic index rises to over 4-month high on stronger capesize rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Houston-Japan VLGC freight rates reach multi-year high

VLGC freight rates from Houston to Chiba, Japan, reached $245/mt Sept. 21 for the...

Baltic index snaps 11-session rally as rates for larger vessels ease

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk...

Baltic index rises for 11th straight session on strong vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

The elite of the Shipping Industry meets at the “Maritime Cyprus 2023” Conference

The main theme of this year’s Conference is “Shipping in Action: An agenda for...

Drewry: Port Throughput Index Down 2.1% in July

The Global Container Port Throughput Index fell 2.1% MoM in July 2023, with the small rises recorded in Africa and Oceania having been insufficient...

Vopak: Agreement with Infracapital on sale of Rotterdam chemical terminals

Vopak announces that it has reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam (Botlek, TTR and Chemiehaven)...

Port Hedland Iron Ore Exports Edge Up 4% in August

Pilbara Ports Authority has delivered a total monthly throughput of 62.8 million tonnes (Mt) for August 2023, consistent with the August 2022 throughput. The Port...

Thessaloniki, Gdańsk ports to explore synergies

Thessaloniki Port Authority S.A is expanding its role as a port of international importance through a new cooperation with the Port of Gdańsk Authority...

Hapag-Lloyd CEO: Counteroffer for HHLA would not be in our interest

Hapag-Lloyd CEO Rolf Habben Jansen said on Thursday that it would not be in the container shipper’s interest to make an offer for HHLA...