World Fuel Services (World Fuel), a World Kinect (NYSE: WKC) company headquartered in Miami, Florida, and DHL Express, the world’s leading international express delivery provider, have entered into a new commercial agreement for the delivery of blended Sustainable Aviation Fuel (SAF) to Miami International Airport. This agreement marks one of the first regular deliveries of blended SAF into the State of Florida.
Under the terms of the agreement, World Fuel will deliver approximately 60 million gallons of blended SAF over a two-year period, of which 18 million gallons will be neat SAF (equaling approximately 227 million liters of blended SAF containing 68 million liters of neat SAF). Valero Marketing and Supply Company, a subsidiary of Valero Energy Corporation, will provide the SAF.
The neat SAF purchased under the agreement will be produced from used cooking oil and food waste, certified by International Sustainability & Carbon Certification (ISCC), and have upon average at least 80% lower lifecycle greenhouse gas emissions when compared to conventional jet fuel, which will be used to offer DHL Express customers emission-reduced air transportation services via DHL GoGreenPlus. Based on the “book and claim” approach, the SAF uplifted by DHL can be used by DHL’s GoGreenPlus customers globally to reduce their CO2e emissions. The reductions achieved (Scope 3) are passed on to customers in the form of certificates.
The partnership between DHL and World Fuel marks another milestone in the journey towards more sustainable air freight and is aligned with DHL Group’s sustainability goals, which serve as further evidence of the demand for low-carbon fuels like SAF. It also demonstrates the drop-in applicability using existing jet fuel infrastructure and supply chains. The neat SAF, produced by Diamond Green Diesel LLC, a joint venture between Darling Ingredients, Inc. and an affiliate of Valero, will be blended by Valero with conventional jet fuel to create blended SAF and delivered by World Fuel.