NEWS COMMENTARY

Stena Bulk offering 20% to 100% biofuels for its customers with offsetting program

Published:
June 23, 2020
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At the start of 2020, Lux predicted that adoption of marine biofuels would be spearheaded by European fleet operators. Stena Bulk is taking the industry's first step by offering all of its customers the option to blend between 20% and 100% biofuels. The optimism around the technical and operational feasibility comes from its recent trial of 100% biofuel oil completed in April. To avoid fuel supply issues, Stena Bulk is also introducing an offsetting program for its customers; where any option for high-blend biofuels is not available, it would be accounted for within the entire Stena Bulk fleet. This is a detail worth noting, as this offset program does not rely on carbon accounting but instead promotes the production and use of biofuels.

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