October 9, 2024 – Miami – World Fuel Services, a subsidiary of World Kinect (NYSE: WKC), has published a new white paper in collaboration with Infineum, a leader in specialty chemicals, to shed light on how marine fuel additives can significantly benefit ship operators. The paper, titled “The Role of Additives in Reducing Marine Fuel Emissions and Enhancing Engine Efficiency,” presents a comprehensive study on the advantages of fuel additives for the maritime sector.
As the global shipping industry faces increasing pressure to adopt lower-carbon fuels like renewable diesel, ammonia, methanol, and hydrogen, fuel additives emerge as a crucial tool in this transition. These additives, designed to improve fuel quality and performance, provide ship operators with a range of benefits, including reduced emissions, enhanced engine efficiency, and lower fuel costs. With the cost of fuel accounting for up to 60% of vessel operating expenses, optimizing fuel usage is a key concern for fleet operators.
World Fuel’s white paper delves into the specific ways that additives contribute to a vessel’s performance. The study highlights the following benefits:
- Reduced environmental emissions
- Enhanced engine efficiency
- Lower fuel and maintenance costs
- Extended engine lifespan
- Improved on-board fuel stability, preventing sludge build-up in storage tanks and reducing waste
Amid a rapidly changing regulatory environment, where emissions legislation is tightening worldwide, the white paper emphasizes the crucial role additives play. Although the adoption of alternative fuels is on the rise, the shipping industry will likely continue using traditional heavy fuel oils for another 10-15 years as engine technology evolves and newer fuels become more accessible. During this period, additives can bridge the gap, helping operators stay compliant and efficient.
Mark Tamsitt, Senior Vice President of Marine EMEA & Asia at World Fuel Services, emphasized the importance of this transition: “As the marine industry transforms its fuel strategies, the use of additives plays a crucial role in its energy journey. It helps operators meet sustainability requirements while providing major financial savings.”
Federico Vidili, Global Sales Manager at Infineum, echoed these sentiments: “Our Infineum range of additives offers unique benefits that maximize engine performance and efficiency, helping operators overcome the challenges of transitioning to alternative fuels.”
World Fuel Services, as a global distributor of Infineum’s Marine Fuel Additives product line, is committed to supporting ship operators through this critical energy transition.
