Wallenius Wilhelmsen Secures Bio-Methanol Supply Deal with Equinor

In a move to reduce emissions and support the maritime industry's shift towards sustainable energy sources, Norwegian shipping and logistics company Wallenius Wilhelmsen has entered into a two-year agreement with energy giant Equinor to supply bio-methanol for its vessels. According to the announcement, the bio-methanol will be used to power Wallenius Wilhelmsen's fleet, which transports cars, trucks, and other high and heavy cargo globally. The partnership aligns with the company's sustainability goals and efforts to decarbonize its operations. 'This agreement is an important step in our journey towards net zero emissions,' said Craig Jasienski, CEO of Wallenius Wilhelmsen. 'Bio-methanol is a promising alternative fuel that can help us reduce our environmental impact while continuing to serve our customers.' The use of bio-methanol, a renewable fuel produced from biomass sources, is expected to significantly lower the greenhouse gas emissions associated with Wallenius Wilhelmsen's shipping activities. This deal represents a broader industry trend of maritime companies exploring alternative fuels to meet increasingly stringent environmental regulations and consumer demand for sustainable logistics solutions. 'We are pleased to support Wallenius Wilhelmsen's sustainability efforts by providing a reliable supply of bio-methanol,' said Irene Rummelhoff, Executive Vice President of Marketing, Midstream and Processing at Equinor. 'This agreement demonstrates our commitment to developing low-carbon energy solutions for the maritime sector.' The partnership between Wallenius Wilhelmsen and Equinor is a positive development for the maritime industry, as it showcases the industry's proactive approach to addressing environmental concerns and embracing cleaner fuel alternatives. As the global push for decarbonization continues, such collaborations will be crucial in driving the industry's transition towards a more sustainable future.