Moeve deal with Armas marks its largest bio bunker fuel supply, first in Canary Islands

Moeve on Thursday (29 May) said it has reached a strategic agreement with Grupo Armas Trasmediterránea to supply 2G marine biofuels in the Canary Islands, with approximately 40,000 metric tonnes (mt) to be delivered through December 2025 under a long-term contract, with the potential for extension into 2026.

This deal marks Moeve’s largest biofuel supply to date, and its first in the Canary Islands, reinforcing the company’s leadership in the production and sale of sustainable solutions for maritime transport. 

This agreement also marked a major step in advancing decarbonisation in the Canary Islands, a region where Moeve has maintained a nearly century-long presence and remains committed to driving the maritime sector’s energy transition.

“The agreement with Grupo Armas Trasmediterránea opens a major door for us, positioning us as a key player in the decarbonisation of the maritime sector in the Canary Islands. We are determined to continue expanding across Spanish territory, strengthening our leadership in the production and sale of marine biofuels,” said Samir Fernández, director of marine fuel solutions at Moeve.

Sergio Vélez, CEO of Armas Trasmediterránea, said that the signing of this agreement marks a new milestone in the company’s roadmap toward more sustainable shipping. 

“We’re not starting from scratch, we’ve been implementing measures to reduce our environmental footprint for years, from route optimisation to becoming pioneers in the use of biofuels,” he emphasised. 

This step forward in biofuel adoption reinforces Armas Trasmediterránea’s commitment to decarbonising the maritime transport sector and, in particular, protecting the marine environment. 

As part of this pioneering agreement in the Canary Islands, both companies have visited Autoridades Porturias to reaffirm the value of the agreement in advancing the decarbonization of the sector. Beatriz Calzada, President of Autoridad Portuaria of Las Palmas, stated that the agreement “aligns perfectly with our strategy to transition toward green fuels. Our goal is to deliver operational excellence and offer a diverse range of services to our clients.” 

Meanwhile, Pedro Suárez, President of Autoridad Portuaria of Santa Cruz de Tenerife, emphasised, “We’ve spent years proactively positioning ourselves in the energy transition, with a strong commitment to sustainability. This first fuel supply marks a key milestone toward enabling more sustainable port calls and a more competitive port overall.”

Moeve produces these biofuels at its San Roque Energy Park (Cádiz) and La Rábida Energy Park in Huelva, and already supplies Spain’s main ports, including Algeciras, Barcelona, Ceuta, and Huelva. Second-generation (2G) renewable biofuels can reduce CO2 emissions by up to 90% throughout their life cycle compared to traditional fuels, accelerating the energy transition and enabling sustainable mobility in hard-to-electrify sectors such as maritime transport. 

Additionally, they can be used immediately with existing infrastructure and engines, without the need for modifications or major investments, facilitating the sector’s rapid decarbonisation.

Moeve aims to become the leading producer of biofuels in Spain and Portugal by 2030, with a production capacity of 2.5 million tons per year.

Photo credit: Moeve
Published: 2 June, 2025