Singapore-based Uni-Fuels receives ISCC certifications for biofuel trading
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by Admin
Uni-Fuels Holdings, (Uni-Fuels) on Wednesday (12 February) announced that its wholly owned subsidiary Singapore-based marine fuels trading and brokerage firm Uni-Fuels Pte Ltd (Uni-Fuels Singapore) has received both ISCC EU and ISCC PLUS certifications from the International Sustainability and Carbon Certification (ISCC).
These certifications highlight the company’s commitment to sustainability and compliance with European Union (EU) regulations aimed at reducing greenhouse gas (GHG) emissions in the maritime industry.
The ISCC certifications ensure that the biofuels traded by Uni-Fuels Singapore meet the requirements of the EU’s Renewable Energy Directive (RED II), including the provision of Proof of Sustainability (PoS). This important documentation ensures biofuels are sustainably sourced and produced, enabling full traceability from feedstock to final product.
As the maritime sector moves toward greater decarbonization, it is essential for biofuel suppliers to demonstrate compliance with regulatory standards, including the EU Emissions Trading System (EU ETS) and FuelEU Maritime. PoS documentation ensures biofuels can be counted toward emissions reduction targets, as opposed to being treated as fossil fuels.
Uni-Fuels Vice President, Operations Tan Guan Kai, said: “Achieving ISCC certifications demonstrates our commitment to supporting the global transition to cleaner fuels.”
“With Proof of Sustainability documentation, we provide our customers with the assurance that the biofuels they rely on are responsibly produced and fully compliant with evolving regulations.”
Manifold Times previously reported Uni-Fuels Holdings becoming the first Singapore-based marine fuel provider to be listed in the United States, following its successful initial public offering (IPO) on the Nasdaq Stock Market.
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Photo credit: Uni-Fuels Holdings
Published: 13 February, 2025
