FAME and HVO: Key Biofuels for Reducing GHG Emissions in Shipping

DNV’s white paper “Biofuels in Shipping” highlights the potential of biofuels like FAME and HVO for reducing GHG emissions.
In 2023, shipping consumed only 0.7 Mtoe of biofuels, representing 0.6% of global biofuel supply and 0.3% of shipping’s energy use.
Ports like Singapore and Rotterdam accounted for half of biofuel supplies to shipping in 2023.

Biofuels, particularly FAME and HVO, offer the maritime industry a viable path toward decarbonization. However, while their usage can...