Global marine fuel supplier Bunker One has signed a deal to market a fuel-saving catalyst to customers in the shipping industry.
The firm now has exclusive rights to promote and sell Purify Fuel's nanO2 fuel combustion catalyst to shipping companies, it said in a statement on its website on Wednesday.
A trial on the Alsia Swan early on this year saw fuel savings of 6.4% on MGO and 5.9% on VLSFO when using the catalyst.
Bunker One is now set to carry out a larger six-month trial on multiple vessels.
"The significant fuel savings observed on M/T Alsia Swan were truly impressive," Peter Zachariassen, CEO of Bunker One, said in the statement.
"NanO2 could be a pivotal facilitator for shipping lines transitioning to sustainable fuel and a key contributor to meeting the IMO's carbon targets."