by Max Lin (S&P Global) Large bulker operator to introduce bioblends to bunker mix from 2025; Company size allows Star Bulk to use EU's pooling mechanism: exec; Regulatory clarity needed for methanol, LNG and ammonia investments -- Star Bulk -- one of the largest
UCOME (Used Cooking Oil Methyl Ester)
Back TO HOMEOOCL and Partners Collaborate to Advance Low-Carbon Shipping with Biofuel
(Orient Overseas Container Line Ltd. (OOCL) ) Orient Overseas Container Line Ltd. (OOCL) and partners join hands to advance low-carbon shipping, opting for cleaner fuel to reduce supply chain emissions. With the participation of several partners including IKEA and Kyocera, the
August 29, 2024 Read Full Article
Agunsa Introduces UCOME Bunker Blends in Argentina
by Jim Kendrick (Biofuels Digest) In Argentina, maritime services company Agunsa reports it is offering UCOME biofuel blends in Argentina. Agunsa’s subsidiary Total Bunkering, in partnership with a leading biodiesel producer in Argentina, can blend biodiesel into very low sulfur fuel
August 16, 2024 Read Full Article
Report: Thailand to Implement 1% SAF Target in 2026
by Erin Voegele (Biomass Magazine) Thailand’s newly proposed National Energy Plan is expected to set a target for sustainable aviation fuel (SAF) starting in 2026, according to a report filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network in
July 31, 2024 Read Full Article
Banle Energy Successfully Completed Port Klang’s First B24 Biofuel Bunkering Services in Malaysia
(Banle Energy/CBL International Ltd./Globe Newswire) The Global Green Marine Fuel Market Anticipated to Grow to USD 201.35 Billion by 2030, at a CAGR of 50.4% from 2023-2030 -- On June 28 and July 10, 2024, Banle Energy International Limited, a Hong Kong subsidiary
July 15, 2024 Read Full Article
Why Taking Biofuel Investors for Granted Is Very Bad for Climate Change
by DickonPosnett (Argent Energy/Open Access Government) Dickon Posnett, Argent Energy’s Director of Corporate Affairs, explains why taking biofuel investors for granted is very bad for climate change, beginning with a discussion about this peculiar market created and nourished entirely by legislation There
July 09, 2024 Read Full Article
Webinar: Development of B24 Marine Biodiesel in Asia: Guangzhou vs. Singapore --- July 11, 2024 --- ONLINE
Chinese suppliers are looking to develop the B24 market as demand from international shipowners seeking to reduce greenhouse gas emissions (GHG) rises. China is well positioned to meet this growing demand with ready availability of Ucome and VLSFO but challenges
July 05, 2024 Read Full Article
Belgium: EPPO Arrests Two Suspects in €3.1 Million Biodiesel Fraud Investigation
( Independent public prosecution office of the EU) The European Public Prosecutor’s Office (EPPO) in Brussels (Belgium) has arrested two suspects in connection with an investigation into a customs fraud involving biodiesel imports, with an estimated damage of €3.1 million. The two
July 02, 2024 Read Full Article
Avolta and DB Schenker Join Forces on Biofuel Usage
by Fatima Bahtić (Offshore Energy) Swiss-based travel retailer Avolta and German logistics provider DB Schenker have signed an agreement for the transport of goods using marine biofuel between Europe and the United States. Avolta revealed that from now on, all containers that
June 24, 2024 Read Full Article
Tata Steel First Indian Steel Company to Ship Raw Material from Australia Using Biofuel Blend
(The Avenue Mail) Tata Steel becomes the first Indian steel company to undertake a full-laden leg voyage from East Coast Australia to India, powered by a B24 biofuel blend with VLSFO (Very Low Sulphur Fuel Oil). This voyage sets a new
May 09, 2024 Read Full Article
Biogenic Testing via Carbon-14 Analysis Validates Biofuel Blends for Regulatory Compliance
by Jordan Turner* (Beta Analytic for Advanced Biofuels USA) Biofuels are gaining attention on the market as a renewable alternative to fossil fuels. Often biofuel regulations require assurances of the replacement of fossil fuel with renewables. Carbon-14 analysis can provide
April 23, 2024 Read Full Article
Argus Launches SAF ARA on Its Price Discovery Platform
(Street Insider/Argus Media) Global energy and commodity price reporting agency Argus has extended its Argus Open Markets (AOM) real-time electronic price discovery platform to sustainable aviation fuel (SAF) prices from the Amsterdam-Rotterdam-Antwerp (ARA) hub in Europe. SAF trade at the key ARA hub is growing quickly as
April 23, 2024 Read Full Article
Peninsula Facilitates B30 Biofuel Supply Deal in Zeebrugge
(Peninsula 360) Peninsula, the leading independent global marine energy supplier, announces the successful conclusion of the first B30 biofuel supply deal in Zeebrugge, Belgium, in collaboration with the Japanese shipping company, Nippon Yusen Kabushiki Kaisha (NYK). The deal, which marks a
April 22, 2024 Read Full Article
HMM Collaborates with Hellmann Worldwide Logistics for Sustainability Initiatives Using Green Sailing Service
(HMM) As part of efforts to manage Scope 3 emissions, HMM has assisted Hellmann Worldwide Logistics (Hellmann) in reducing its carbon emissions following the use of the Green Sailing Service, a low-carbon transport solution. The Green Sailing Service is a carbon insetting
March 05, 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
Germany Ranks Third Among EU Biodiesel Exporters – UFOP Calls for Inclusion of HVO in Official Statistics
(Biofuels Central) Germany ranks third among EU biodiesel exporters – UFOP calls for inclusion of HVO in official statistics. According to recent information published by EUROSTAT, Germany delivered around 9 per cent more biodiesel (FAME) to other EU member states in the
February 12, 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
Asia's UCO Market Poised for Upturn in 2024, UCOME Demand Prospects Uncertain
by Nurul Darni, Chau kit Boey, Aditya Kondalamahanty (S&P Global) Asia's used cooking oil market may head higher in 2024 on its rising demand as a sustainable feedstock for biodiesel, while used cooking oil methyl ester biofuel could face the prospect
January 05, 2024 Read Full Article
South Korea to Set SAF, Bio-Bunker Standards from 2024 Based on Biofuel Trials
by Samyak Pandey (S&P Global) Country commits to adopt marine biofuel by 2025, SAF by 2026; Six SAF demonstrations completed between Seoul, Los Angeles; GS Caltex agrees in June to supply Korean Air with SAF South Korea will set quality standards for sustainable aviation
January 03, 2024 Read Full Article
Argus Launches First B24 Mediterranean Spot Price Assessment
(Argus Media/PR Newswire) Adds to growing global suite of marine biodiesel prices -- Global energy and commodity price reporting agency Argus has launched a new Mediterranean marine biodiesel price assessment for B24, a blend of 24% used cooking oil methyl ester and
November 28, 2023 Read Full Article
ACX Launches Biofuels Physical Trading Platform in ADGM, Abu Dhabi
(ACX/EIN Presswire) ADGM based ACX Ltd., part of the ACX Group, is proud to announce the start of live trading on its groundbreaking biofuels electronic physical trading platform, ACXBiofuels, as part of its Financial Services Regulatory Authority (FSRA) regulated Recognised Investment
November 28, 2023 Read Full Article
KPI OceanConnect Distributes Biofuel Blend to OOCL
by Dom Magli (Port Technology International) KPI OceanConnect, a marine energy solutions provider, has announced the successful sale and supply of a B24 biofuel blend to Orient Overseas Container Line (OOCL). The gasoline supply was reportedly coordinated by KPI OceanConnect’s staff in
November 22, 2023 Read Full Article
GS Caltex Sells Its First Bio-Marine Gasoil Bunker in Singapore
by Jeslyn Lerh and Florence Tan (Reuters) GS Caltex Singapore Pte Ltd said on Monday it has sold its first cargo of biofuel-blended marine gasoil to Maersk Oil Trading (MOT) at the world's largest bunker hub Singapore as it seeks to
November 20, 2023 Read Full Article
Wallenius Wilhelmsen Bunkers Its First B30 HSFO-Biofuel Stem in South Korea
by Rhys Berry (Bunkerspot) The M/V Torrens has become the first Wallenius Wilhelmsen vessel to bunker B30 high sulphur fuel oil (HSFO)-biofuel in South Korea. The pure car and truck carrier (PCTC) was fuelled during a scheduled call at the Port of Masan as
November 06, 2023 Read Full Article
UCO Supplies Set to Double to 31 Million Metric Tonnes by 2030
(Biofuels International) Global supplies of used cooking oil are expected to more than double to 31 million mt by 2030 - from the current 14 million mt. This is a development driven by rapidly growing Asian supply geared towards cashing in on
October 27, 2023 Read Full Article
BMT Carries out Germany's First B100 Biofuel Bunker Delivery
(Port News) German physical supplier BMT has carried out the country's first bunkering of a B100 biofuels, according to Ship & Bunker. The firm supplied 1,200 mt of the 100% UCOME-based biofuel to Jan De Nul Group's dredger the Kaishuu on Friday, a
October 10, 2023 Read Full Article
Peninsula Shanghai and Singapore Teams Fixes Bio Bunker Fuel Deal for Cosco
(Manifold Times) Trading teams recently combined to deliver 2,000 mt of UCOME-based B24 marine biofuel to Cosco container carrier “M/V Cscl Venus” through local Singapore physical supplier, Vitol Bunkers. -- Peninsula, the leading global independent marine energy supplier, has fixed its first
October 09, 2023 Read Full Article
Peninsula Fixes Hong Kong Biofuel Delivery for “K” Line
by Ian Taylor (Bunkerspot) Peninsula has informed Bunkerspot that it has fixed its first biofuel deal for Japan-headquartered Kawasaki Kisen Kaisha (“K” Line). The company’s bunker trading team arranged the delivery of 700 metric tonnes of UCOME-based B24 marine biofuel to the “K” Line
August 16, 2023 Read Full Article
Argus Insight: Asia-Pacific Ucome Prices Pressured by European Markets
(Argus Media) Following on from our recent blog, Extent of strain on EU Ucome production laid bare, our consulting team have examined the Ucome production margin landscape in more depth to write this market outlook. In a similar situation to their European
August 04, 2023 Read Full Article
Peninsula Joins Growing Group of Bio-Bunker Suppliers with 1st Delivery in Gibraltar
by Kelly Norways (S&P Global) Delivers B24 blend comprising 24% UCOME, 66% VLSFO; New chemical tanker ready to supply blends up to B100; Norden bulk carrier participates in debut operation -- Bunker fuel supplier Peninsula completed its first bio-bunker delivery from its new chemical
July 31, 2023 Read Full Article
Asia Pacific: bp to Offer First Biofuel Supply in the Port of Wellington
by Lesley Bankes-Hughes (Bunkerspot) bp Marine has announced a long-term supply agreement with transport company StraitNZ, which includes the first supply of marine biofuels in the Port of Wellington, New Zealand, from early 2024. StraitNZ’s network includes Bluebridge Cook Strait Ferries that
July 24, 2023 Read Full Article
Transport with Biofuel: DB Schenker and Volvo Cars Reduce Emissions in Ocean Freight
(American Journal of Transportation) DB Schenker and Volvo Cars have embarked on a partnership for more sustainable ocean freight, shipping 12,000 standard containers (TEU) with automotive spare parts on vessels using biofuel that will reduce CO2 emissions by 84% per container. In
July 14, 2023 Read Full Article
Improved Communication and Information Exchange Between Voluntary Schemes in Case of Certification-related Issues
(International Sustainability and Carbon Certification) In response to the European biodiesel market being flooded with vast quantities of Chinese biodiesel with partially doubtful declarations of origin and feedstock, the voluntary schemes ISCC, 2BSvs, KZR Inig, RSB and REDcert have agreed to improve their already established
June 29, 2023 Read Full Article
Extent of Strain on EU Ucome Production Laid Bare: Argus Production Margins Workspace
by Tom Hughes (Argus Media) Producers of waste-based biodiesel in Europe continue to struggle against thin to negative margins, as steady losses in the value of output since last year’s record highs outpace the drop in input costs. Several factors are pressuring
June 28, 2023 Read Full Article
S&P Global Commodity Insights Launches eWindow® for Asian Biofuels and Feedstock
(S&P Global Commodity Insights/PR Newswire) Driving efficiency and transparency in Asian UCO and UCOME physical trading markets -- S&P Global Commodity Insights, the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets, will launch
March 31, 2023 Read Full Article
Argus Launches Asia-Pacific Biofuels on Its Price-Discovery Platform
(Argus Media/Biobased Diesel Daily) Global energy and commodity price-reporting agency Argus has extended its Argus Open Markets real-time electronic price-discovery platform to include used cooking oil (UCO) and used cooking oil methyl ester (UCOME) prices in Asia-Pacific. The Asia-Pacific UCO and UCOME
March 28, 2023 Read Full Article
GCMD-led Consortium Successfully Completes Trialling Two Supply Chains of Sustainable Biofuels
(Global Center for Maritime Decarbonization) The Global Centre for Maritime Decarbonisation (GCMD) has successfully completed trialling two supply chains of biofuel blends sourced from different origins. The supply chain trials encompassed tracing biofuels from their production sites outside Singapore, to Singapore
February 22, 2023 Read Full Article
ONE Biofuel Onboard MOL Endowment
(Maritime Executive) Ocean Network Express (ONE) is pleased to announce the successful completion of the biofuel trial onboard MOL ENDOWMENT. Drop-in biofuel pilot project Conducted as part of the Global Centre for Maritime Decarbonisation’s (GCMD) pilot project to establish a quality, quantity and
February 22, 2023 Read Full Article
TotalEnergies Marine Fuels, Hapag-Lloyd and Jurong Port Universal Terminal Kick-Start First Biofuel Bunker Term Delivery in Singapore
(American Journal of Transportation) TotalEnergies Marine Fuels has successfully completed its first refueling of a Hapag-Lloyd container vessel in Singapore with sustainable, UCOME (Used Cooking Oil Methyl Ester)-based, marine biofuel. This inaugural bunker operation marks the start of a term supply
February 09, 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
CNC Petroleum Provides Alternative Bunker Fuel to Coastal and Marine Market with MGO B20
(PS Energy) CNC Petroleum, a subsidiary of PS Energy Group, now distributes MGO B20, a sustainable bunker fuel option to coastal and marine customers. A blend of standard MGO and biodiesel, MGO B20 is distributed at the company’s floating kiosk, CNC 5,
January 17, 2023 Read Full Article
Singapore: PS Energy Group Acquires ISCC Cert for Biodiesel Products
(Manifold Times) Singapore-based fuel and lubricant distributor PS Energy Group on Tuesday (3 January) said through its subsidiary PS Energy Pte Ltd, it received the International Sustainability and Carbon Certification (ISCC) for its biodiesel products. The company’s biodiesel offerings are used in
January 09, 2023 Read Full Article
Shipping's Decarbonization Outlook for 2023
by Brian Gicheru Kinyua (Maritime Executive) Will the CII succeed? Will green fuels take off? And will the IMO enact a carbon levy? This year, we may have the answers. ... Specifically, 2023 could be a definitive year for CII (Carbon
January 02, 2023 Read Full Article
TotalEnergies to Offer Biofuels for Ships in Singapore from Next Year
by Emily Chow (Reuters) TotalEnergies (TTEF.PA) will start offering biofuels as a bunkering fuel to its customers in Singapore from next year, a senior executive at the French energy giant said on Thursday, as the company seeks to reduce its emissions in shipping. The
October 07, 2022 Read Full Article
OOCL Gives Biofuel a Whirl
by Jasmina Ovcina Mandra (Offshore Energy) Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) has completed a trial use of marine biofuel for the first time in its fleet. The trial was carried out on OOCL Yokohama, a 4578-TEU container vessel.
September 29, 2022 Read Full Article
Asia Pacific: TotalEnergies Marine Fuels Bunkers CMA CGM Containership with Biofuel
by Lesley Bankes-Hughes (Bunkerspot) TotalEnergies Marine Fuels has announced the refuelling of the 4,294 TEU CMA CGM MONTOIR containership in Singapore with a biofuel made of very low sulphur fuel oil (VLSFO) blended with 24% second generation ISCC certified Used Cooking
September 21, 2022 Read Full Article
TotalEnergies Marine Fuels Completes Cosco Shipping Lines’ First Bunkering of Marine Biofuel
(TotalEnergies/Seatrade Maritime News) TotalEnergies Marine Fuels has successfully completed the first refuelling of a Cosco Shipping Lines containership with sustainable marine biofuel. This operation marks TotalEnergies’ first biofuel bunkering operation for a containership in Singapore. On 11th July 2022, the 4,250 teu Cosco Houston container vessel
August 25, 2022 Read Full Article
TotalEnergies, MOL Group Complete First Ship Refuelling with Biofuel in Singapore
by Jeslyn Lerh (Reuters) Mitsui O.S.K. Lines, Ltd. (MOL) (9104.T) and TotalEnergies Marine Fuels (TTEF.PA) have completed the first refuelling of a ship with biofuels in Singapore, the shipping company said on Wednesday. The ship, a car and truck carrier named Heroic Ace, was refueled using
June 29, 2022 Read Full Article
MSC Biofuel Solution
(MSC) As part of its Journey to Net Zero, MSC has been using blended biofuels to propel its ships. Discover how MSC Biofuel Solution helps the company’s customers to meet CO2 emission reduction goals through a new carbon insetting programme. Decarbonisation is
June 17, 2022 Read Full Article
Ocean Network Express Marine Biofuel Trial, CMA CGM, REG, Bunker Holding, Safe Bulkers, VARO, Unifeeder in Biofuels Bunkering Bonanza
by Helena Tavares Kennedy (Biofuels Digest) ... In today’s Digest, all the details on the ONE marine biofuel trials, 4 other big biofuel bunkering activities going on with companies like CMA CGM, Renewable Energy Group, Bunker Holding Group, Safe Bulkers,
April 11, 2022 Read Full Article
Container Ships Begin Biofuel Trials in Singapore
(Biofuels International) CMA CGM along with Maritime and Port Authority of Singapore (MPA) has started biofuel bunkering in Singapore as part of its global trial to scale-up the wider adoption of the clean energy. Its 10,640 teu vessel, APL Paris,
March 07, 2022 Read Full Article
Argus and MundoPetróleo Agree on a Downstream Partnership for Spain and Portugal
(Argus Media/PR Newswire) Global energy and commodity price reporting agency Argus has agreed that MundoPetróleo may distribute key fuels data to its customers in the Iberian peninsula. This follows widespread adoption of Argus biofuel prices by downstream fuel operators throughout Spain and Portugal. The international drive
October 15, 2021 Read Full Article
S&P Global Platts to Publish Prices Showing Cost to Reduce Carbon Emissions Using Biofuels
(S&P Global Platts/PR Newswire) New prices offer granular look at actual costs of reducing greenhouse gas emissions with biofuels -- S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced it
September 08, 2021 Read Full Article
Chinese Biodiesel Producers Chase High-Value Feedstocks
by Amandeep Parmar (Argus Media) Chinese biodiesel and feedstock suppliers are diversifying to get more value for their money with ever-evolving European legislation regarding waste feedstock incentives. Brown grease is becoming increasingly fashionable among suppliers, of which 18 in China are now
August 17, 2021 Read Full Article
Legislative Odyssey for the EU Biofuels Sector
(Biofuels International) Angel Alvarez Alberdi, the secretary general, EWABA, a leading biofuel industry figure discusses the opportunities and challenges for the year ahead. He said: "If there was ever a perfect regulatory storm for the biofuels sector, this is it.
March 12, 2021 Read Full Article
Clean Engines Due to the Use of FAME
(LifePR) The project "Formation of deposits and prevention of deposits of biodiesel" carried out at the University of Rostock shows that the use of biodiesel in modern engine systems leads not only to the reduction of greenhouse gases, particles and
October 14, 2020 Read Full Article
PKN ORLEN Aims to Be Emissions-Neutral by 2050
(Biofuels International) PKN ORLEN is the first oil company in central Europe to declare an aspiration towards achieving emission neutrality by 2050. In order to reach this goal by 2030 the company will reduce CO2 emissions from its current refining and petrochemical
October 12, 2020 Read Full Article
CME Group Announces First Trade of New European Renewable Fuel Contract
(CME Group) CME Group, the world's leading and most diverse derivatives marketplace, today announced the first trade of the Used Cooking Oil Methyl Ester (UCOME) futures contracts. Ten contracts were traded on September 16, 2020. Open interest is at 65 contracts as