Singapore bunker hub posts decline in fuel sales for Aug

Marine fuel sales at Singapore, the world’s largest bunker hub, posted a 2.3% monthly decline in August due to softer demand for key conventional fuel grades, data showed. Athough marine biofuel sales reached a monthly record high. Volumes for conventional bunker fuels softened for key grades month-on-month, as some spot demand got diverted to other

HMM targets to have 10% of fuel mix coming from biofuels

HMM, South Korea’s flagship line, intends to have as much as 10% of its fuel mix coming from biofuels by 2026. HMM announced today that it conducted another trial use of a sustainable marine biofuel on its 6,400 teu containership HMM Tacoma calling in Busan. This marine biofuel consists of 30% biodiesel derived from used

BP to supply marine biofuels to New Zealand

The oil major will supply a blend of 24% International Sustainability and Carbon Certification-approved used cooking oil methyl ester (Ucome) biodiesel and 76% very-low sulphur fuel oil (VLSFO).