Varo and GoodFuels in ARA BFO deal

The new partnership will see Varo help scale the sourcing, production, blending and distribution of GoodFuels Bio Fuel Oil across the Amsterdam-Rotterdam-Antwerp region. GoodFuels will continue to focus on the sourcing of sustainable feedstocks for its BFO and the sale, marketing and product development of new sustainable fuel solutions.

Ben van Kol, Managing Director of Reinplus Fiwado Bunker, said: “Due to upcoming IMO spec changes and stricter emission requirements, the demand for alternative shipping fuels is increasing.”

Dirk Kronemeijer, CEO, GoodFuels, added: “This collaboration will enable us to rapidly scale and offer one of the most climate-friendly fuel options for shipping to deep sea customers in the Amsterdam-Rotterdam-Antwerp region.”

GoodFuels’ BFO is a direct ‘drop-in’ replacement for heavy fuel oil, containing no sulphur and 90% less carbon when compared to traditional fossil-based fuels such as heavy fuel oil.

To support shipping’s wider decarbonisation goals, in 2016 GoodFuels founded The GoodShipping Program to engage cargo owners in the challenge of combatting shipping’s carbon emissions.