In Singapore, Reuters reports premiums for B24 benchmark marine biofuel have softened in Singapore as feedstock prices fall together with stronger underlying fossil-based marine fuels due to Red Sea disruptions, while tepid demand has failed to keep the premium higher. The premium was as high as $200 per metric ton in Q3 2023 but has […]
In the Netherlands, Offshore Energy reported that Switzerland-based energy and commodities company Vitol has completed its inaugural biofuel deliveries in Fujairah, the United Arab Emirates (UAE). Through its wholly-owned bunker arm, Vitol Bunkers, two vessels received B24 very low sulfur fuel oil (VLSFO) on December 8 and 14. The report noted that the fuel was […]
In Brazil, BiodieselBR reports Petrobras is advancing with tests of a new type of marine fuel oil (bunker) with 24% biodiesel. Earlier this month, a container ship operating on coastal shipping routes on the Brazilian coast was filled with 860,000 liters of the mixture. The supply operation took place at the Rio Grande Terminal (RS). […]
In Brazil, 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 Oldendorff vessel performing a laden Vale voyage from Brazil to Asia, carrying a full cargo of iron ore. The Hinrich Oldendorff (209,113 deadweight built 2016) loaded the biofuel […]
In Singapore, Reuters reported that GS Caltex Singapore said 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 the company seeks to expand into lower carbon fuels. The sale is part of GS Caltex’s plans by to expand its biofuels supply […]
In Singapore, KPI OceanConnect announced the successful sale and supply of a B24 biofuel blend to Orient Overseas Container Line (OOCL), one of the world’s leading container transport and logistics service provider. The fuel delivery, arranged by KPI OceanConnect’s team in Singapore and supplied by barge, was received by OOCL’s container vessel while at port […]
