(Canadian Biomass) A new poll by Angus Reid Institute suggests Canadians are willing to pay extra to support sustainable shipping. More than 60% of Canadians indicated they were willing to pay a premium on shipping for imported goods to offset carbon emissions in a
Marine/Maritime Bio and Renewable/Sustainable Fuel (SMF) price
Back TO HOMEWSC Advances Green Balance Mechanism Proposal with New Submission to IMO
(World Shipping Council) Following positive response and encouraging conversations with IMO member nations and other stakeholders, the World Shipping Council (WSC) has further developed the Green Balance Mechanism, a regulatory measure designed to ensure that shipping meets its net-zero goal by
July 31, 2024 Read Full Article
BHP Says It Aims to Receive First Ammonia-Fuelled Bulk Carrier in 2026
by Jeslyn Lerh (Reuters) Australia's BHP Group (BHP.AX), opens new tab is planning to receive its first ammonia-fuelled bulk carrier in 2026 as part of the company's plans to cut shipping emissions, a senior executive said. The global mining giant has shortlisted eight companies for
April 22, 2024 Read Full Article
ResourceWise (Formerly Prima Markets) Partners with ENGINE for Bio-Bunker Indexes, Now Available on Prima CarbonZero Platform
(ResourceWise/CISION) ResourceWise, formerly Prima Markets, expands its coverage of low-carbon fuels into marine biofuels with this strategic data partnership. — In an inspiring stride towards greener marine operations, ResourceWise and ENGINE have announced a strategic partnership to accelerate the marine industry's decarbonization
April 05, 2024 Read Full Article
BV Research Confirms Central Role of Operationa and Energy Efficiency in Meeting Shipping's 2050 Carbon Budget
(Bureau Veritas) Decarbonization simulations reveal the cumulative impact of operational and technical efficiency measures and showcase the importance of energy insetting in bridging the price gap between conventional and new fuels. -- Bureau Veritas (BV), a world leader in testing, inspection and
March 13, 2024 Read Full Article
Argus Launches New B30 Ucome ARA Price
by Hussein Al-Khalisy (Argus Media) Argus has launched B30 Ucome dob ARA range marine biodiesel blend assessments, replacing a calculated fob ARA range blend price. The assessment will comprise 30pc used cooking oil methyl ester (Ucome) and 70pc very-low sulphur fuel oil
February 28, 2024 Read Full Article
Zero Emission Shipping Fund proposal submitted to UN to deliver on shipping’s net zero targets
(International Chamber of Shipping) • The International Chamber of Shipping (ICS), the Commonwealth of The Bahamas, and the Republic of Liberia submit detailed proposal to UN IMO for a Zero Emission Shipping Fund to accelerate transition to net zero by 2050. •
February 05, 2024 Read Full Article
Singapore's Marine Biofuel Demand Could Double by 2025 -TotalEnergies Exec
by Jeslyn Lerh (Reuters/Natural Gas World) Marine biofuel demand at the world's largest bunker hub Singapore could potentially double by 2025 to almost 1 million metric tons from 2023 levels as shippers seek to cut emissions, a senior TotalEnergies executive said. -- Marine
January 17, 2024 Read Full Article
Europe: Rotterdam Marine Biofuel Prices ‘Soar’ as Dutch Government Halves Rebate Multiplier
by Ian Taylor (Bunkerspot) The marine fuel intelligence platform ENGINE has reported that Rotterdam's B20-VLSFO and B30-VLSFO bunker prices have increased significantly over the past week, as the Dutch government has halved the rebate multiplier for marine biofuel sales from 0.80
January 09, 2024 Read Full Article
Vale Performs First Biofuel Voyage for Its Iron Ore Shipping
(Vale) The vessel Hinrich Oldendorff will be fuelled by blend of residual cooking oil and fuel oil -- Vale, working in partnership with Oldendorff Carriers, have just commenced their first biofuel voyage on a bulk vessel. The trial is taking place on an
December 01, 2023 Read Full Article
Biofuels as a Path to Decarbonization
(Hellenic Shipping News/GAC) Biofuels look set to become the most viable option for widespread adoption as a bunker fuel for commercial shipping. Hydrotreated vegetables, blend-in combustibles and biomethanol are already being used as drop-in power on some ships, with the
June 23, 2023 Read Full Article
INTERVIEW: Cargill Kickstarts Maritime Decarbonization with Biofuels, Methanol
by Max Lin (S&P Global) Major trader starts taking 'real' action: shipping head; Bio-bunker program focuses on B24, B30 supplies for now; Pricing gap remains between green and fossil fuels -- US-based agricultural trader Cargill has ramped up a bio-bunkering program for its
June 19, 2023 Read Full Article
ABS Analyses Potential of Biofuel Glending on Improvement to CII Ratings
by Panos Koutsourakis (ABS/Hellenic Shipping) With reporting of data in compliance with the IMO’s Carbon Intensity Indicator (CII) regulation well underway, shipowners and operators are focussed on how to optimise their operations and gain improvement in CII ratings. The options
June 16, 2023 Read Full Article
Argus Launches World’s First Biofuel Blended Ship Bunker Price
(Argus) Global energy and commodity price reporting agency Argus today launched the world’s first independently assessed price for ship fuel that includes a biofuel component. The new B24 daily assessment reflects the market value of "bunkers” – as ship fuel
February 01, 2023 Read Full Article
Biomass Magazine's Podcast Series: Growing the Forest Economy: The Scoop on Peak Renewables
(Biomass Magazine) This week's Biomass Magazine podcast features, Scott Bax, CEO of Peak Renewables, Interviewed by Anna Simet, editor of Biomass Magazine. READ MORE (Peak Renewables) In partnership with Indigenous communities, our team of innovative thinkers, create, plan and develop renewable
October 20, 2022 Read Full Article
Detroit to Fuel 28 New Buses with B20 Biodiesel
(City of Detroit/Biobased Diesel Daily) The Detroit Department of Transportation continues to expand and improve its fleet of buses with the recent addition of 28 new cleaner diesel-engine coaches, giving the transit system its youngest and most environmentally friendly fleet in
August 15, 2022 Read Full Article
Capital Ship Management Corp. and Lloyd’s Register Explore the Use of Biofuels in Pilot Research Project
(Hellenic Shipping News) Capital and Lloyd’s Register (LR) will trial the use of biofuels in a new pilot project to support the maritime industry’s research for low to zero-carbon fuels in line with the IMO’s greenhouse gas (GHG) emissions reduction targets.
June 09, 2022 Read Full Article
What If Sustainable Shipping Was a Source of Profitability and Not Considered as a Mere Cost Factor?
(Åbo Akademi University) Sustainable shipping can bring competitive advantage. New research shows that especially refined goods can benefit from using renewable fuels in transportation. Research shows that people are more and more willing to pay for sustainable solutions. Based on a recent
June 06, 2022 Read Full Article
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Use the categories and tags listed below to access the nearly 50,000 articles indexed on this website.
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