Indian OMCs launch new biodiesel tender for FY 2025-26

India’s state-owned Oil Marketing Companies (OMCs) have initiated a fresh tendering process for biodiesel procurement, seeking approximately 200 million liters for the first quarter of the upcoming financial year starting April 2025.  The latest tender was announced last week by Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited

Baltic Exchange introduces biofuel blends in latest expansion of its emissions calculator

Baltic Exchange has introduced a series of green fuel options to its FuelEU voyage and compliance cost calculator as more shipowners, traders and charterers seek to understand the commercial implications of this regulation on their voyage costs. Biodiesel, bio-LNG, bio-LPG, green methanol, green hydrogen and green ammonia have all been added to the calculator, either

COSCO SHIPPING sets new record for biofuel bunkering

COSCO SHIPPING has established a new record for biofuel bunkering, with its vessels COSCO ASIA and NEW LOS ANGELES refueling with B24 marine biofuel oil. COSCO ASIA took on 2,400 tons at the Xiamen Ocean Gate Container Terminal, setting a new single-refueling record for Fujian Port, while NEW LOS ANGELES refueled with 5,400 tons at

India cut 557 lakh metric tonnes of carbon dioxide emissions through ethanol blending

Over the past 10 years, ethanol blending in petrol has led to a reduction of 557 lakh metric tonnes of CO₂ emissions. The “Pradhan Mantri G-One Yojana” has also been introduced to further support clean energy initiatives,” said Minister of State for Petroleum and Natural Gas, Suresh Gopi, in response to MP Madan Rathore’s query

Vopak Horizon Fujairah achieves milestone with completion of biofuel operations in UAE

Vopak Horizon Fujairah Limited successfully completed the company’s first ISCC Certified bio-bunkering supply operations in the UAE, supporting the country’s net-zero by 2050 strategy.This marks a significant milestone in advancing the maritime industry’s decarbonisation journey by fostering more sustainable fuel bunkering supply chain solutions. The success of this biofuel bunkering is driven by the solid

Thailand conducts its first biofuel bunkering

At Laem Chabang Port in Sriracha, Chonburi, Bangchak Sriracha (BSRC) delivered B24 Marine Biofuel, weighing 470 metric tons, to the IRIS LEADER (NYK LINE).  The B24 Marine Biofuel, which is made up of 0.5% S Very Low Sulfur Fuel Oil (VLSFO) and 24% UCOME (Used Cooking Oil Methyl Ester), is a low-emission substitute that does

India emerges as world’s 3rd largest biofuel producer

India has emerged as the world’s third-largest biofuel producer, driving the shift toward cleaner, renewable energy, Minister of Petroleum and Natural Gas, Hardeep Singh Puri, said. In a post on X, Puri highlighted that India has achieved 19.6% ethanol blending in petrol as of January and is on track to reach 20% very soon, five

Lloyd’s Register FOBAS analysis highlights transparency and quality challenges in biofuels

The recent analysis of Lloyd’s Register FOBAS shows its concern about excessive bunker silt levels, sulphur compliance failures, and flash point abnormalities. The analysis advises caution on the quality of biofuels. The FOBAS report, which covers the second half of 2024, shows a notable rise in demand for biofuels, which do well in the current

India eyes over 20% ethanol blending: Petroleum Minister

India is set to increase its ethanol blending target beyond 20% in a move that could significantly cut carbon emissions and reduce dependence on fossil fuel imports, Petroleum Minister Hardeep S Puri has said. Puri highlighted that the country has already achieved 19.6% ethanol blending and is on track to surpass its initial goal ahead

Japan’s first biofuel bunkering Is carried out by Wallenius Wilhelmsen

The roll-on/roll-off (RoRo) ship M/V Tamesis, owned by Wallenius Wilhelmsen, bunkered 400 metric tons of B24 biofuel at the Port of Yokohama during the testing. Mitsubishi Corporation provided the biofuel. The shipping company expanded its locations for biofuel delivery and characterized the operation as a milestone in its continued efforts to promote sustainability and decrease