Decision Pathway for Biofuel Procurement

Issued: 2023-04-18 17:59:27 UTC | Category: Bulletins

Dear FOBAS Client,

With the drive towards a decarbonised future gaining momentum, shipping has seen an increasing interest in renewable fuels. Biofuels are increasingly being considered as a possible interim transitional solution, as a ‘can do now’ solution to reduce overall CO2 impact before other net zero-carbon fuels become widely available for maritime operations.

With this increasing interest, ship operators are seeking support in the selection and decision process, which requires some key steps to be taken, especially at the procurement stage; in response, FOBAS has developed a simple flowchart to guide ship operators in the steps needed to be considered for when selecting a marine biofuel and providing the areas that we can apply our experience on the subject in support.

Please find attached a bulletin which provides further information in relation to this.