News / GoodFuels seals low-carbon biofuel distribution deal with ITOCHU

In a positive step for biofuels, a distinct contender for carbon-neutral ship fuels along with green methanol and green ammonia, Goodfuels has signed an agreement with ITOCHU, the Japanese trading giant, to source and scale marine biofuel throughout the Asia-Pacific region.

The partners will initially target Singapore, the world bunkering capital, before moving on to establishing capacity in Japan and across the Asia-Pacific region.

GoodFuels specialises in marine biofuel drop-in replacements, which can be substituted for heavy fuel oil (HFO) and other ...