PIL and DP World team up on biofuel trials

Under a memorandum of understanding signed at COP28, the two have agreed to collaborate on trial shipments using biofuels between Jebel Ali Port in Dubai and destinations within Singapore-based PIL’s network.

Over the longer term, the companies will explore expanding this partnership to include other ports within DP World’s network and using other alternative bunker fuels, such as e-LNG, green methanol or green ammonia.

Lars Kastrup, chief executive of PIL said that supply chain resilience and sustainability is the ‘bedrock’ of global trade growth. “With the renewed commitment by the International Maritime Organisation this year to take a significant step forward to decarbonise the shipping industry, we at PIL are responding actively to IMO’s call and working to invest in and implement green solutions to achieve our target of achieving net zero by 2050.”

Tiemen Meester, group chief operating officer, ports & terminals, DP World said that the company was transforming its business to reduce the impact global trade has on the climate. “We have already committed to becoming carbon-neutral by 2040 and achieving net-zero carbon emissions by 2050,” he said.

“But we must explore partnerships with companies that share our ambitions and technology to be deployed right now for quicker results.”