Azimut-Benetti Group and Eni Sustainable Mobility have signed an agreement for the supply and use of HVOlution, the biofuel made of 100 per cent HVO (Hydrogenated Vegetable Oil) comprising renewable raw materials.
The collaboration kicks off with the first voyage of Azimut’s new Magellano 60, which travels from Savona to Taormina for her premiere at the ‘Yachting Gala’ event organised by Azimut for over 600 owners from around the world. Azimut is represented by Marine Italia in Hong Kong, Macau, Guangdong, Taiwan and Singapore.
Later this summer, Azimut-Benetti Group will introduce HVOlution – to replace the fossil-based fuel currently used by the two motor yacht builders – for the technical testing of new yachts, sea trials and prototype model handling. Owners will be able to take delivery of new Azimut models with HVOlution biofuel in the tank.
Stefano Ballista, CEO of Eni Sustainable Mobility, said: “This first supply of biofuel to the recreational boating industry confirms that Eni Sustainable Mobility can support maritime operators on the path to decarbonisation. The agreement with Azimut-Benetti Group is a first step that will be followed by increased sales of HVOlution to the maritime industry.”
HVOlution is produced in Eni Sustainable Mobility’s Venice and Gela biorefineries from waste raw materials and vegetable residues, or from oils generated from crops that don’t compete with the food chain, in a circular economy model applied to mobility.
Factoring in the entire logistics and production chain, HVOlution can reduce CO2eq emissions by 60-90 per cent compared to the benchmark fossil blend, depending on the raw materials used for its production.
For the partnership between Azimut-Benetti Group and Eni Sustainable Mobility, future projects include developing the distribution network to provide better access to biofuel and offer owners the possibility of refuelling with HVO. In the initial phase involving bunkering operations, the plan will target Azimut-Benetti Group marinas as the first points of supply for private individuals in Italy.
Giovanna Vitelli, President of Azimut-Benetti Group, said: “For Azimut-Benetti Group, this agreement [with Eni Sustainable Mobility] is a tangible step forward on the course we’ve charted to reduce CO2 emissions. It enables us to extend our reduction of emissions by involving the supply chain, with a focus on energy decarbonisation.”
Over half of Azimut’s models are what the builder terms as ‘Low Emission Yachts’, which it defines as those with at least 20 per cent less fuel consumption and emissions compared to shaft-line boats of the same weight and size with a traditional hard-chine hull.
Meanwhile, Benetti’s efforts to reduce emissions include building the world’s largest hybrid yacht and the 37m B.Yond, which has an E-Mode Hybrid system that that reduces CO2 by 24 per cent and NOx by up to 85 per cent.
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