THE PORT of Townsville and Jet Zero have signed a memorandum of understanding (MoU) to develop potential biofuel products and storage for the aviation and marine sectors.
Jet Zero’s Project Ulysses project is aiming to produce both sustainable aviation fuel (SAF) and renewable diesel to meet growing demand.
Jet Zero chief executive Ed Mason said the MoU enabled more capacity to explore how low-carbon liquid fuels can move more efficiently in the region.
“This partnership highlights Townsville’s strategic importance in developing Australia’s sustainable fuel supply chains,” he said.
An investigation committee will consider the feasibility of developing a new biofuel storage and blending infrastructure.
Port of Townsville general manager business development Drew Penny said the MoU was an important stop forward for SAF in Townsville.
“We’re excited to collaborate with innovative organisations like Jet Zero to identify opportunities and deliver tailored solutions that strengthen their import and export operations,” he said.
“As Jet Zero progresses their Townsville-based Project Ulysses, it was only a natural fit for both our organisations to work together to consider how SAF products can be imported and exported and stored.”
As part of the MoU, both parties will work together to assess infrastructure needs, technical and economic feasibility.