Moeve to Supply 40,000 Tons of 2G Marine Biofuel to Grupo Armas Trasmediterránea in Canary Islands

Moeve has signed a strategic long-term agreement with Grupo Armas Trasmediterránea to deliver up to 40,000 tons of second-generation (2G) marine biofuel through December 2025 in the Canary Islands. The deal, Moeve’s largest biofuel contract to date and its first in the archipelago, includes the option to extend supply into 2026. This agreement strengthens Moeve’s

NORDEN Adds Two More Fuel-Efficient MPP Vessels to Growing Fleet

NORDEN has confirmed agreements for two additional 17,500 deadweight tonnage (dwt) multipurpose (MPP) vessels, expanding its fleet dedicated to the Projects & Parcelling segment. The vessels, secured through long-term leases with purchase options, are scheduled for delivery in 2026 and 2027. This development follows the recent addition of two similar MPP vessels and forms part

SK Incheon Petrochem Launches South Korea’s First B30 Biofuel Marine Fuel to Support Maritime Decarbonisation

In a significant move towards cleaner maritime operations, SK Incheon Petrochem has introduced South Korea’s first B30 biofuel-based marine fuel, aligning with global efforts to cut greenhouse gas emissions in the shipping sector. The company began supplying the B30 fuel on April 26, marking a milestone in its commitment to sustainable energy solutions. The newly

Celestyal Discovery becomes first ship in Greece to use biofuel for sustainable cruising

Celestyal Discovery has become the first vessel to operate on a marine biofuel blend in Greek waters, marking a significant step toward sustainability in the cruise industry. The ship was refueled at the Port of Lavrion, with the refueling conducted by Coral Marine Products SA, a subsidiary of the Motor Oil Group, in collaboration with

Biofuels at the forefront: Ulsan port’s vision for a sustainable future

The Ulsan Port Authority (UPA) has announced plans to position Ulsan Port as a major biofuel supply hub in Northeast Asia, as part of its strategy to support the global maritime sector’s transition to cleaner energy. During a recent biofuel forum held in Seoul, UPA Director Byeong-gu Kim outlined the port’s roadmap for promoting marine

Assam CM, Norway envoy discuss areas for future collaboration

Assam Chief Minister Himanta Biswa Sarma and Norway’s Ambassador to India, May-Elin Stener, recently held discussions to explore potential areas of collaboration, particularly in the fields of green energy and sustainable technologies. During the meeting, held recently in Assam, both sides engaged in dialogue covering bio-refinery projects, green ammonia production, and sustainable aviation fuel initiatives.

Government aims at 30% ethanol blending with petrol by 2030

The Indian Union government is reportedly targeting 30% ethanol blending with petrol by 2030 to reduce dependence on imported oil further while addressing environmental concerns. Ethanol, a byproduct of sugarcane processing, can be mixed with petrol, cutting down on fossil fuel consumption and reducing harmful carbon emissions. One of the primary biofuels, ethanol is naturally

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