World News
Odfjell Secures B24 Biofuel Offtake for Brazil-Europe Shipping Corridor
Norway’s shipping firm Odfjell has secured a B24 biofuel offtake deal in Rio Grande to supply its tankers operating on its biofuel-based green shipping corridor between Brazil and Europe.
The offtake deal will ensure long-term availability of the marine biofuel blend to power the ships, Odfjell said in a statement on its website on Monday.
The B24 biofuel blend is composed of 24% biofuel derived from waste-based feedstock and 76% VLSFO.
Odfjell stated that its chemical tankers are now sailing the 5,000-nautical-mile corridor with significantly lower emissions. The corridor is expected to serve 12-15 voyages per year, with each round voyage lasting approximately 40 days.
The company is also collaborating with the Ports of Antwerp-Bruges, Rotterdam, and Rio Grande to advance the shipping corridor through increased efficiency and optimised port-stay processes.
Biofuel blends such as B24 are increasingly seen as a practical way to reduce emissions from current shipping fleets, though they are not expected to deliver full decarbonisation. Cutting shipping emissions more deeply will likely require a transition towards alternative fuels, such as methanol and ammonia, over the longer term.





