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ENGINE on Biofuel Bunker Snapshot: Conventional VLSFO prices weigh on B30 blend prices

POMEME barge price drop pressures Rotterdam B30 blend price; lead times of 7-10 days needed for biofuel in Rotterdam and Gibraltar; Singapore’s bio-bunker sales declined in April.

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ENGINE on Biofuel Bunker Snapshot: Conventional VLSFO prices weigh on B30 blend prices

Once a week, bunker intelligence platform ENGINE will publish a snapshot of biofuel bunker prices in Europe, Fujairah and Singapore. The following is the latest snapshot:

  • POMEME barge price drop pressures Rotterdam B30 blend price
  • Lead times of 7-10 days needed for biofuel in Rotterdam and Gibraltar
  • Singapore’s bio-bunker sales declined in April

Rotterdam and Europe

Rotterdam’s B30-VLSFO (POMEME) price has decreased by around $59/mt in the last week.

A drop in the port’s conventional VLSFO price has weighed on the blend’s price.

Prima Markets has assessed a $16/mt fall in ARA POMEME barge prices. This may also have put a downward pressure on the B30-VLSFO blend price.

Rotterdam’s B30-LSMGO (POMEME) price has also decreased around $45/mt, weighed down by a drop of $114/mt in Rotterdam’s conventional LSMGO price.  

Rotterdam’s B30-LSMGO price premium over LSMGO has widened by around $69/mt in the past day.

Rotterdam’s B30-LSMGO price offers a $128/mt discount to Lisbon’s B30-LSMGO, and $114/mt discount to Piraeus’ B30-LSMGO price.

Gibraltar’s B30-VLSFO (UCOME) price has dropped $54/mt lower in the last week. A $31/mt drop in the port’s conventional VLSFO price has weighed on the price.

Lisbon’s B30-VLSFO (UCOME) has fallen more sharply by around $72/mt. This has widened its price discount to Gibraltar’s B30-VLSFO by around $18/mt during the week.

Getting deliveries of biofuel blends in both Rotterdam and Gibraltar may take around 7-10 days, a trader said.

Singapore

Singapore’s B30-VLSFO (UCOME) price has dropped around $25/mt during the week. A $37/mt drop in the port’s VLSFO price has put downward pressure on the blend price.

Singapore’s blend price now holds a $243/mt price premium over the conventional fuel price.

Singapore’s bio-blended bunker sales declined sharply in April, falling 26%, to their lowest level since January. Total volumes dropped to 68,000 mt, from 92,000 mt sold in March, and were almost 39% lower than the 111,000 mt recorded in the same month last year.

In other biofuel news this week,

Bunker supplier Fratelli Cosulich has taken delivery of an IMO Type 2 bunker vessel to meet low-emission bunker demand in Singapore.

UK-based biofuel company HutanBio has partnered with bioenergy firm Utopia to develop large-scale production of algae-based biofuels in Oman for sectors including bunkering.

By Nachiket Tekawade

 

Photo credit and source: ENGINE
Published: 26 May, 2026

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Alternative Fuels

CMA CGM boxship completes first bio-LNG bunkering operation in Rotterdam

“CMA CGM NOTRE DAME” took on 11,125 cubic metres of bio-LNG in Rotterdam in a 12-hour operation.

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CMA CGM completes first bio-LNG bunkering operation in Rotterdam

French shipping giant CMA CGM on Friday (10 July) said one of its LNG-powered containerships completed its first bio-LNG bunkering operation in Rotterdam.

CMA CGM NOTRE DAME took on 11,125 cubic metres (m3) of bio-LNG – a renewable fuel that delivers a 67% reduction in greenhouse gas emissions over its full life cycle – produced in Europe from biomethane derived from agricultural and organic waste.

The operation was completed in 12 hours. 

“At CMA CGM, we have been powering our vessels with LNG for several years, and our LNG-powered containerships are already compatible with bio-LNG,” it said. 

 

Photo credit: CMA CGM
Published: 13 July, 2026

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Financial Result

KPI OceanConnect pre-tax earnings up 21% for FY2025/2026

Company delivered 13 million mt of marine fuel, increasing revenue to USD 6.2 billion and Earnings Before Tax increased by 21% to USD 10.9 million.

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KPI OceanConnect appoints Dorthe Bendtsen as interim CEO

Global provider of marine energy solutions KPI OceanConnect on Thursday (9 July) announced its financial results for the year 2025/2026. 

The company delivered 13 million metric tonnes (mt) of marine fuel, increasing revenue to USD 6.2 billion and Earnings Before Tax increased by 21% to USD 10.9 million. 

“The results reflect a year of strong operational performance, business expansion and continued investment in supporting the maritime industry’s energy transition amid heightened volatility,” it said. 

In January this year, the company completed the strategic integration of marine fuel company Baseblue into KPI OceanConnect. The move strengthens the company’s global footprint, aligns regional teams more closely and enhances its ability to deliver consistent service, and greater value to customers worldwide.

“By integrating Baseblue, investing in our people and expanding both our advisory and digital capabilities, we have further enhanced our ability to help customers navigate market volatility, regulatory change and the practical realities of the energy transition. The results for the year reflect the strength of our partnerships, the dedication of our teams and the trust our customers place in us every day,” said Dorthe Bendtsen, CEO of KPI OceanConnect.

In response to geopolitical and regulatory challenges over the past year, including the effective closure of the Strait of Hormuz, KPI OceanConnect continued to invest in the expertise, technology and capabilities required to support customers in developing fuel and compliance strategies aligned with their commercial and operational objectives. 

Through its Alternative Fuels & Carbon Markets team, the company expanded support for customers seeking guidance on biofuels, LNG, methanol, carbon compliance and FuelEU Maritime strategies. KPI OceanConnect also saw growing demand for EU Allowance (EUA) trading and FuelEU Pooling solutions, trading more than two million EUAs during the year and helping 250 shipowners and operators identify practical and commercially viable pathways to compliance.

The company continued to leverage the strength of the Bunker Holding Group’s global supply network, which today provides access to biofuel solutions in more than 250 ports worldwide. This extensive infrastructure enables customers to access lower-carbon fuel options where and when they need them, supporting both compliance and commercial objectives while helping prepare for the evolving regulatory landscape.

“The industry is operating in a period where energy, regulatory and geopolitical risks are increasingly interconnected,” said Dorthe Bendtsen. 

“Our role is to help customers navigate these complexities by providing market insight, compliance expertise and access to a broad range of fuel and risk management solutions.”

Related: Baseblue fully integrates into KPI OceanConnect

 

Photo credit: KPI OceanConnect
Published: 10 July, 2026

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Alternative Fuels

Evos and HyFive ink LOI to explore e-methanol storage in Port of Rotterdam

LOI follows Evos’ recently announced expansion project for methanol and ethanol storage in the port, which will give Evos capacity to handle the developing market in low-carbon marine fuels and bunkering.

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Evos Rotterdam starts construction on methanol and ethanol expansion project

Evos and HyFive on Wednesday (8 July) said they have signed a Letter of Intent (LOI) to explore the storage and handling of e-methanol in the Port of Rotterdam, which is expected to be produced by HyFive’s HyMet Musel project in northern Spain.

Under this non-binding agreement, Evos and HyFive will assess potential technical and commercial parameters, including logistics interfaces and operational requirements.

The LOI follows Evos’ recently announced expansion project for low-carbon methanol and ethanol storage in the port. The project includes the construction of five new storage tanks with a combined gross capacity of 67,500 cubic metres, a new pump station and a new jetty to be built by the Port of Rotterdam Authority. 

Once operational in early 2028, the expansion will give Evos Rotterdam greater capacity to handle methanol and ethanol for industrial customers, as well as for the developing market in cleaner, low-carbon marine fuels and bunkering.

HyFive’s HyMet Musel project on Spain’s Atlantic coast is planned with a production capacity of 100,000 tonnes per year, with start-up targeted from 2029. HyFive has signed a comprehensive term sheet for a significant portion of the initial production volumes and continues commercial discussions with potential offtakers, including shipping companies active in the ARA region.

Alberto Sanchez de Rojas, General Manager, HyFive, said: “We are pleased to sign this LOI with Evos to explore a potential supply route for e‑methanol from our HyMet Musel project. While this is an initial step, it is an important milestone in assessing downstream infrastructure options that could help meet growing demand for cleaner marine fuels in the ARA region.”

Christiaan Kop, Evos Rotterdam Managing Director, said: “We welcome the opportunity to explore, through this potential partnership with HyFive, how our Rotterdam terminal could support future e‑methanol flows into the ARA region. We see strong long‑term momentum behind low‑carbon fuels, and we continue to invest in infrastructure that can help our customers and partners navigate the energy transition.”

Related: Evos Rotterdam starts construction on methanol and ethanol expansion project

 

Photo credit: Evos Rotterdam
Published: 9 July, 2026

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