Eni Sustainable Mobility and Azimut Benetti Group: biofuel agreement reached

An important step towards the decarbonisation of the yachting industry has been taken with the announcement of the agreement between Azimut | Benetti Group and Eni Sustainable Mobility for the supply and use of HVOlution biofuel. This agreement marks a historic moment for the yachting sector, as it represents the first concrete commitment towards the use of 100% sustainable fuels in the sector of large yachts.

HVOlution is an innovative biofuel produced entirely from renewable raw materials. This fuel consists of 100% HVO (hydrogenated vegetable oil) and is produced in Eni Sustainable Mobility’s biorefineries in Venice and Gela, using vegetable waste, residues and oils generated by crops that do not compete with the food industry. The production process of HVOlution is based on a circular economy model applied to mobility, thus contributing to environmental sustainability.

HVOlution can deliver emissions reductions of up to 90% compared to traditional fossil fuels, depending on the raw materials used for its production. This represents a major step forward for the yachting industry in the fight against climate change and the adoption of more sustainable practices.

“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 in the coming months with increased sales of HVOlution to the maritime industry as well, ” said Stefano Ballista, CEO of Eni Sustainable Mobility

Starting in summer 2023, Azimut|Benetti Group will introduce HVOlution to replace the fossil-based fuel currently used for the technical testing of new yachts, sea trials and prototype model handling. Owners will also be able to take delivery of new Azimut models with HVOlution biofuel in the tank, thus proving the Azimut|Benetti Group’s commitment to environmental sustainability.

“For Azimut|Benetti Group, this agreement is a tangible step forward on the course we have charted out to reduce CO2 emissions. It is a result that enables us to extend our area of action in emissions reduction by involving the supply chain, with a focus on energy decarbonisation. At the present time, over half of Azimut’s fleet is made up of Low Emission Yachts, while Benetti has built the world’s largest hybrid yacht as well as winning the ‘Green yacht of the year 2022’ award with the 37-metre Byond “said Azimut|Benetti Group President Giovanna Vitelli.

The collaboration between Azimut|Benetti Group and Eni Sustainable Mobility will be kicked off in early June by the first voyage of Azimut’s new Magellano 60, which will travel from Savona to Taormina for her international premiere at the “Yachting Gala”. This prestigious event is organised by Azimut for over 600 owners from around the world who will be therefore able to admire the new biofuel-propelled yacht and appreciate its eco-friendly performance.

Future projects to develop the distribution network are on the horizon for the partnership between Azimut|Benetti Group and Eni Sustainable Mobility, so providing better access to biofuel and offering 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.

This agreement marks an important step towards a more environmentally sustainable yachting sector, and the Azimut | Benetti Group once again confirms itself as a leader in the field of innovation and commitment to environmental protection.