DNV awards Wallenius Wilhelmsen first biofuel insetting verification

The car carrier Morning Post saw a 90% reduction in CO2 emissions on a well-to-wake basis with DNV awarded biofuel insetting verification.

The biofuel insetting verification, awarded at the SMM last week and is DNV’s first commercial verification of biofuel insetting with 100% biofuel (B100).

Biofuels can help to make an immediate impact on shipping’s GHG emissions. However, they do come at an increased cost and owners need to be sure that they can benefit from their extra investments in sustainability and compliance. Verified biofuel insetting enables this, by creating transparency in a “book and claim system” across the entire supply chain, explained DNV.

“Our ambition is to lead the transformation of our industry towards a decarbonised future and the increased utilisation of sustainable biofuel will play a part in getting us there and delivering on our net-zero 2040 commitment,” said Jørgen Westrum Thorsen, Senior Manager Sustainability at Wallenius Wilhelmsen.

“Biofuel insetting is emerging as an important new solution for companies aiming to reduce their carbon footprint, alongside meeting the increasing strict national and international regulatory targets,” commented Morten A. Lerø, Managing Director of DNV Maritime Advisory,

DNV has developed a comprehensive biofuel insetting verification service, encompassing all stages—from establishing an emissions baseline to issuing a verification statement and offering support for Scope 3 accounting.