An Eagle Bulk Shipping ultramax recently arrived at a port in Norway on a voyage that is estimated to have slashed CO2 emissions by 80% thanks to sustainable biofuels.
That helped the owner of the 61,500-dwt Stamford Eagle (built 2016) take a bite out of its direct greenhouse gas emissions. And it allowed its charterer, French mining company Eramet, to chop its indirect emissions known as Scope 3.
Shipping players that have been involved in the growing number of journeys powered by the fuel told the Green Seas podcast that biofuels have proven to be technically easy to adopt for existing ships, presenting a near-term decarbonisation solution for shipping.
