Biofuels News

 

Vitol Bunkers Receives its First Biofuel Barge in Asia

Feb 22, 2024

Vitol Bunkers has taken delivery of the Marine Future vessel, its first specialized biofuel bunker barge in Singapore.The addition of this specialized IMO type 2 notation bunker tanker to the V-Bunkers fleet will make it possible to supply biofuel blends including B24, B30 and up to B100, depending on customer specifications.Built in China, Marine Future is 102.6m in length and has the capacity to carry about 7…

Singapore Marine Biofuel Premiums Drop Further on Soft Demand

Apr 11, 2024

Spot marine biofuel premiums have weakened further at the world's largest bunker hub Singapore, weighed by slow demand, market sources said this week.Premiums for the flagship B24 marine biofuel blend recently traded between $120 to $130 a metric ton over 0…

Impala Terminals Buys the HES Hartel Tank Terminal

Nov 23, 2023

Impala Terminals Group has agreed to purchase the HES Hartel Tank Terminal at the Port of Rotterdam following an auction process, with the transaction expected to complete in the coming days.The HES Hartel Tank Terminal, which will be called Impala Energy Infrastructure Netherlands…

Wallenius Wilhelmsen Bunkers First HSFO-Biofuel in Korea

Nov 07, 2023

The world's largest RoRo shipping company Wallenius Wilhelmsen reports its vessel Torrens is the first to bunker B30 HSFO-biofuel in South Korea. The bunkering took place during a call at Masan Port as part of the vessel's regular sailing schedule…

Stolt-Nielsen Confirms Strong Third Quarter

Oct 05, 2023

Stolt-Nielsen Limited has reported unaudited results for the third quarter ending August 31, 2023 including a net profit of $90.1 million with revenue of $694.4 million.This compares with a net profit of $8.3 million, with revenue of $721.9 million…

IMO Provides Interim Guidance on Biofuels in Relation to CII

Sep 12, 2023

The 80th session of the IMO’s Marine Environment Protection Committee (MEPC 80), held in July 2023, has approved the interim guidance on the use of biofuels.This is in relation to assigning CO2 Emission Conversion Factor (Cf) under the Carbon…

Hapag-Lloyd Partners with DB Schenker to Decarbonize Supply Chains

Aug 08, 2023

Hapag-Lloyd has entered into a partnership with DB Schenker for the purpose of decarbonising supply chains. Following the launch of “Ship Green” in May, the renowned logistics provider has selected Hapag-Lloyd’s sustainable transport solution as part of its sustainability initiatives…

Volvo Cars Switches to Biofuels for Ocean Freight

Jul 05, 2023

Volvo Cars has announced that it is switching delivery of its production material to container ships using renewable biofuel.The company will use renewable fuel for inbound ocean container transport of production material destined for manufacturing plants based in Europe and the Americas…

Norden Offers Carbon Inset Tokens

Apr 18, 2023

Danish bulk shipping company Norden has partnered with 123Carbon and its partners, AllChiefs and Verifavia, to commence offering carbon inset tokens through 123Carbon’s newly developed platform.With the platform, Norden will now be able to tokenise…

ABS Examines Alternative Fuels in Reports for EMSA

Nov 11, 2022

An ABS-led consortium, including CE Delft and Arcsilea, published two of up to six reports studying alternative fuels and decarbonization technologies for the European Maritime Safety Agency (EMSA).ABS offered a 360-degree view of biofuels and ammonia…

Boskalis Takes Delivery of Largest Biofuel Consignment to Date

Dec 15, 2021

Dutch dredging and marine services company Boskalis said it has taken delivery of its largest-ever consignment of drop-in biofuel which will be used to power two hopper dredgers on upcoming projects in northwestern Europe.The use of cleaner…

NYK Bulk Carrier Completes Another Run on Biofuel

Nov 22, 2021

NYK conducts third successful biofuel trial on ship carrying Tata Steel cargoThe bulk carrier Frontier Sky, which is owned by NYK and operated by Tata NYK Shipping Pte. Ltd., conducted a trial use of biofuel to transport cargo provided by Tata Steel Limited…

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