Cooking Oil as Fuel to Help Save the Environment
It turns out that oil can actually help the shipping industry to lessen air pollution and protect the environment. However, it’s not the traditional oil that comes to aid. Instead, it’s cooking oil. Is it possible that the residue from your frying pan could make the shipping industry more environmentally friendly? Or will the shippers end up jumping out of the frying pan into the fire?
Recycled cooking oils can be made into biofuels that can be burned in diesel engines and boilers without modifications. Biofuels also lessen harmful emissions as they don’t contain sulfur oxide and offer around 80-90% CO2 reduction. A Lloyd’s Register report revealed that biofuels might be the best way for the shipping industry to lower emissions by 2030.
Furthermore, according to a study from the Sustainable Shipping Initiative (SSI), biofuels are the most affordable zero-emission option for shipping. For these reasons the vegetable and used cooking oil segments are expected to steadily grow from 2018 to 2026, analysis by Persistence Market Research reports.
Shipping companies have already started to test out hydrotreated used cooking oil as marine fuel. In 2018, GoodShipping fuelled the 800 TEU and 140.6 meter-long container feeder Samskip Endeavor with 22,000 litres of vegetable oil. The voyage proved that this solution was a good way to ensure environmental protection. The vessel avoided over 40 tons of CO2 emissions along with lowering the amount of sulphur and particulate matter released into the atmosphere.
GoodShipping continues this option for powering maritime transport. Recently it teamed up with IKEA Transport and Logistics Services, CMA CGM and the Port of Rotterdam to fuel a container vessel with biofuel derived from forest residues and waste cooking oil. The Danish shipping company Norden is also planning to use vegetable oil for its fleet of more than 300 merchant ships If these tests are successful, it will prove scalability, sustainability and technical compliance of this kind of sustainable fuel, encouraging wider adoption in the maritime industry.
What other alternative fuels are shipowners using to power their vessels? Find out at the 4th International Green & Smart Shipping Summit in Rotterdam on 8-9 October! It will have a whole panel dedicated to this particular issue with a Q&A session afterwards for further discussions. Moreover, a distinguished lineup of speakers will also give presentations, concerning regulatory challenges and a variety of choices available on the market to comply. Registration is still open for a short time only, so make sure to get your ticket today. Sign up at www.gssummit.org.