Wholly owned Swire subsidiary, Argent Energy, is to become a sustainable marine fuel supplier for new cruise line, Virgin Voyages. Argent is a leading European manufacturer of biodiesel made from waste organic fats and oils. Argent’s biodiesel, which delivers around 90% reduction in CO2 emissions, can be blended into marine fuel to be a drop-in replacement for straight fossil fuel, helping Virgin towards their Net Zero ambitions. Erik Rietkerk, CEO of Argent Energy, said: “Decarbonisation of the marine sector is an oceanic task and Virgin Voyages’ decision to use Argent Energy demonstrates the importance of waste-based biodiesel as a key strategy in that task”.
Photo credit: Virgin Voyages
