The Port of Townsville and Jet Zero will partner to investigate storage and associated infrastructure to support sustainable aviation fuel (SAF) product imports and exports.
Under a Memorandum of Understanding, an investigation committee will be established with representatives from both organisations, who will meet to discuss and develop options.
The committee will also consider the feasibility of developing a new biofuel storage and blending infrastructure on port land.
Port of Townsville general manager business development Drew Penny said the signing of the MOU was the first step of a valuable partnership.
“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,” Mr Penny 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.
“It also signifies an important step forward for the future of the SAF industry in Townsville and aligns with the port’s value to deliver sustainable prosperity.”
Jet Zero’s Project Ulysses aims to produce SAF and renewable diesel to meet growing the demand for biofuels within both the aviation and marine sectors.