Connect with us

Alternative Fuels

Maritime CleanTech and European partners launch SeaThrive for alternative fuel projects

SeaThrive supports the critical early phases of project development, where key decisions on bunker fuel choice, location and business model are made.

Admin

Published

on

Maritime CleanTech and European partners launch SeaThrive for alternative fuel projects

Clean maritime solutions innovation centre Maritime CleanTech, together with ten European partners, recently said it has launched SeaThrive (Supporting Maritime Alternative Fuel Projects), a new initiative to accelerate the development of alternative fuel projects in shipping. 

The 30-month project is coordinated by Maritime CleanTech and kicked off in Brussels on May 20 and 21, 2026. Supported by nearly EUR 2 million in EU funding, SeaThrive will help turn early-stage ideas into viable investment projects by providing targeted support, practical tools and knowledge to industry stakeholders.

“SeaThrive aims to move promising fuel projects from early uncertainty to investment-ready decisions by combining better tools with hands-on project support,” said Håvard Tvedte, Interim CEO of Maritime CleanTech.

As the industry transitions to low- and zero-emission fuels, projects often face financial and regulatory barriers. SeaThrive focuses on overcoming these challenges by strengthening early stage project development.

SeaThrive supports the critical early phases of project development, where key decisions on fuel choice, location and business model are made. Through training, workshops, advisory services and matchmaking, the project will help mature projects towards funding and implementation. The consortium will organise more than 15 workshops across Europe, develop online training reaching over 10,000 participants, and support more than 20 project proposals for potential funding.

A second central element of SeaThrive is the development of an advanced financial analysis tool for alternative fuel projects. It will provide stakeholders with a clearer understanding of total costs, including CAPEX, OPEX and regulatory compliance, as well as impacts on operations and business models. This will enable better assessment of risks, costs and revenue potential, supporting stronger investment decisions.

 

Photo credit: Maritime CleanTech
Published: 25 May, 2026

Continue Reading

Bunker Fuel

Singapore: Bunker fuel sales up by 1.6% on year in June 2026

4.67 million mt of various marine fuel grades were delivered at the world’s largest bunkering port in June, up from 4.59 million mt recorded during the similar month in 2025.

Admin

Published

on

By

7

Sales of marine fuel at Singapore port increased by 1.6% on year in June 2026, according to data from the Maritime and Port Authority of Singapore (MPA).

In total, 4.67 million metric tonnes (mt) (exact 4,669,100 mt) of various marine fuel grades were delivered at the world’s largest bunkering port in June, up from 4.59 million mt (4,594,700 mt) recorded during the similar month in 2025.

Deliveries of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in June (against on year) recorded respectively 2.03 million mt (+19.4% from 1.70 million mt), 2.20 million mt (-4.8% from 2.31 million mt), zero (-100% from 1,900 mt), 1,900 mt (-57.8% from 4,500 mt) and zero (from zero).

Bunker Jun

Bio-blended variants of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in June, (against on year) recorded respectively 5,300 mt (-86.3% from 38,800 mt), 30,700 mt (-73.1% from 114,300 mt), zero (from zero), zero (from zero) and zero (from zero). B100 biofuel bunkers, introduced in February last year, recorded 1,500 mt (+50% from 1,000 mt). 

LNG and methanol sales were 55,000 mt (-0.72% from 55,400 mt) and zero (from zero) respectively. There were no recorded sales of ammonia for the month and so far since 2025.

 

Photo credit: Maritime and Port Authority of Singapore
Published: 15 July, 2026

Continue Reading

Financial Result

Glander International Bunkering reports USD 23.4 million EBT for FY2025/26

Firm has been supporting clients through a wide portfolio including alternative bunker fuels, allowing it to increase its visibility in the market and contributed to doubling its new fuels volumes over the past year.

Admin

Published

on

By

Glander International Bunkering reports USD 23.4 million EBT for FY2025/26

Global bunker trading company Glander International Bunkering on Tuesday (14 July) announced its financial results for the year ended April 30, 2026 – reporting a turnover of nearly USD 2 billion and earnings before tax (EBT) of USD 23.4 million.

In the previous year, the company reported a turnover of USD 3 billion and EBT of USD 22 million, including a non-recurring item.

The results come after shipping has faced a year of regulatory acceleration, disrupted trade routes and tight avails.

There was a fundamental shift in market conditions, with geopolitical tensions, Red Sea risks and US tariffs. This was later compounded by the conflict in the Middle East conflict, which led to severe restrictions in the Strait of Hormuz and widespread rerouting, longer voyage time and increased freight costs.

CEO Carsten Ladekjær noted: “The real challenge was managing uncertainty, especially when things are changing by the day, sometimes by the hour. What has stood out is how our teams across the world have responded, how they have stayed close to clients and navigated that disruption in real time.”

Fuel EU entered its first full compliance cycle, becoming a direct factor in voyage economics. Then regulatory uncertainty persisted with key decisions at the MEPC in October being delayed.

Appointed Head of New Fuels in February 2026, Dionysis Diamantopoulos has overseen the continued expansion of the company’s new fuels offering during the past critical few months. 

He said, “We are supporting clients through a wide and evolving portfolio that includes biofuels and biofuel blends, LNG and bio-LNG, pooling and insetting solutions.”

“This approach has allowed us to increase our visibility in the market and contributed to doubling our new fuels volumes over the past year.”

Glander International Bunkering has continued to develop its approach to well-to-wake bunker management, which is a more integrated model of managing fuel, emissions, price and risk.

Ladekjær explains: “It has undeniably been a volatile year for global shipping, and it has changed our role in bunker trading. Our clients do not only come to us for fuel supply, they come to us to manage cost, compliance, and risk.”

The company said this approach reflects a broader shift in the market, where bunker decisions are no longer standalone transactions. They are directly linked to cost exposure, compliance and operational performance across the full fuel lifecycle.

Related: Glander International Bunkering reports EBT of USD 22 million for FY2025

 

Photo credit: Glander International Bunkering
Published: 15 July, 2026

Continue Reading

LNG Bunkering

Titan supplies LNG bunker fuel to “MSC Viola” in Port of Rotterdam

Company recently supplied MSC Mediterranean Shipping Company’s “MSC Viola” with LNG marine fuel in the Port of Rotterdam with its bunker vessel “United LNG I”.

Admin

Published

on

By

Titan supplies LNG bunker fuel to “MSC Viola” in Port of Rotterdam

LNG bunker fuel supplier Titan Clean Fuels (Titan) on Friday (10 July) said it recently supplied MSC Mediterranean Shipping Company’s MSC Viola with LNG marine fuel in the Port of Rotterdam with its bunker vessel United LNG I

United LNG I joined the company’s fleet earlier this year. Owned by Somtralux S.A. and operated by United Bunkers Bv, the new 135-metre-long inland waterway bunker vessel was launched in December 2025, has a total cargo capacity of 8,000 CBM.

The vessel is operating for Titan in the Zeebrugge, Amsterdam, Rotterdam and Antwerp (ZARA) region. 

“It is a great add-on to our fleet and complements the other LNG bunker vessels in operation for Titan perfectly,” Titan said in a social media post. 

 

Photo credit: Titan
Published: 15 July, 2026

Continue Reading

Trending