KPI OceanConnect Transacts Undisclosed Volume of Carbon-Neutral Fuel

In New Jersey, KPI OceanConnect completed its inaugural marine fuel carbon offset transaction with a seismic research vessel owner, the volume of which was not disclosed. The carbon offsets were derived from a Texas wind farm and verified by Verra Registry.

This achievement comes as the maritime industry faces pressure to meet International Maritime Organization greenhouse gas reduction targets for 2030 and 2050. Carbon offsets allow companies to counteract CO2 emissions by purchasing equivalent verified units that support clean energy projects such as wind farms, solar energy, or reforestation.

Commenting on the announcement, Brian Coyne, Managing Director, Americas at KPI OceanConnect said, “By enabling one of bunkering’s first carbon-neutral fuel supplies, KPI OceanConnect is dedicated to exploring different solutions and pathways for shipping. We feel confident in leading the way towards a sustainable future, and ensuring a smooth transition towards 2030 and 2050 for our customers. We are well prepared to advise our clients on carbon-neutral fuel supplies and offset other Greenhouse Gases, creating a more sustainable future for shipping and the world.”

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