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ENGINE: Rotterdam marine biofuel prices soar with Dutch rebalancing towards road fuels

Rotterdam’s B20-VLSFO and B30-VLSFO bunker prices have increased by around $50-74/mt over the past week after the Dutch government cut support.

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Rotterdam’s B20-VLSFO and B30-VLSFO bunker prices have increased by around $50-74/mt over the past week after the Dutch government cut support.

A change in Dutch emissions policy has meant that physical bunker suppliers selling sustainable marine biofuel grades to ships will only get half as much support from Dutch authorities.

Suppliers will now get around $50/mt for advanced B20-VLSFO (20% biofuel, 80% VLSFO) sold and $80/mt for advanced B30-VLSFO, as the Dutch government has halved the rebate multiplier for marine biofuel sales from 0.80 to 0.40.

Advanced B20 and B30 rebates were around $100/mt and $160/mt, respectively, before the policy change came into effect from 1 January 2024.

The outright price for advanced B30-VLSFO has shot up to beyond $700/mt now, from around $630/mt a week ago.

Less of a price edge

Dutch biofuel blends have also become significantly more expensive compared to conventional oil-based fuels. The multiplier reduction has contributed to increase Rotterdam’s price premiums for advanced B20-VLSFO and B30-VLSFO over VLSFO to $120-170/mt over the past week, from around $30-50/mt.

The widening biofuel blend premiums have come even as the price of the biofuel component has fallen by $27/mt and outpaced the $8/mt fall in VLSFO.

Dutch marine biofuels have also lost some of their price edges over Singapore. Rotterdam’s B24-VLSFO discount to Singapore’s B24-VLSFO has narrowed from $225/mt on 27 December, to $155/mt now.

The Dutch rebate market mechanism had made sure that LSMGO was actually often priced higher than rebated B20-LSMGO and B30-LSMGO blends in Rotterdam until recently.

These B20-LSMGO and B30-LSMGO blends are now firmly more expensive than pure, conventional LSMGO. The price of B30-LSMGO has surged $130/mt above that of LSMGO.

The Dutch system

The multiplier forms part of a market mechanism to boost sales of renewables and cut emissions. Bunker suppliers can obtain tradeable renewable energy units (HBEs) by selling renewable energy such as biofuel to ships. 1 gigajoule (GJ) of energy equals 1 HBE.

Advanced biofuels made from feedstocks listed in Part A of Annex IX in the EU’s Renewable Energy Directive (RED II) still qualify four double counting, so the rebate multiplier for these is 0.80 (down from 1.60 before 1 January).

According to Dutch biofuel bunker supplier GoodFuels, the reduction was adopted to “rebalance” renewable fuel supply from marine to road transport.

Biofuel supply to the road fuels market has suffered as a result of differences in prices and fuel quality between biofuels for road and marine, Jaap Steensma explained to ENGINE in September. He is the general press officer at the Dutch Ministry of Infrastructure and Water Management.

This market mechanism contributed to pull biofuel supply away from the road fuels market towards bunkering.

A rebalancing was due, with a new bunker fuel multiplier to address it, Steensma said, referring to the reasoning behind the government’s change of policy.

By Konica Bhatt

 

Photo credit: Port of Rotterdam
Source: ENGINE
Published: 8 January, 2024

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Biofuel

BHP and GCMD trial multi-feedstock B100 bio bunker fuel on bulk carrier

Bio-blend in the BHP and GCMD pilot is being used on a BHP-chartered bulk carrier “Berge Lyngor”, which was bunkered in Singapore in early May.

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BHP and GCMD trial multi-feedstock B100 bio bunker fuel on bulk carrier

BHP and the Global Centre for Maritime Decarbonisation (GCMD) on Wednesday (3 June) said they have blended biofuels from two distinct feedstocks—used cooking oil and waste animal fats —and introduced the lower-emissions marine fuel into a BHP-chartered bulk carrier as part of a pilot project.

The bio-blend in the BHP and GCMD pilot is being used on a BHP-chartered bulk carrier Berge Lyngor, owned and operated by Berge Bulk, transporting BHP iron ore from Western Australia to China. When run on bio-blend, the vessel has the potential to reduce well-to-wake greenhouse gas emissions by approximately 79 per cent per voyage compared to sailing on very low sulphur fuel oil (VLSFO).

The vessel bunkered in Singapore in early May with a B100 bio-blend comprising 50 percent tallow-derived biodiesel, sourced and supplied by HAMR Energy, and 50 per cent used cooking oil (UCOME) supplied by Mitsui & Co Energy Trading Singapore (METS).

Mitsui also blended the fuel and Dan-Bunkering coordinated and executed the bunkering operation, which was performed by Global Energy’s barge MT Maple.

The BHP and GCMD pilot will assess how biofuels from multiple feedstocks can be blended, handled, and introduced under real-world operating conditions using existing used cooking oil bunkering infrastructure.

At the same time, insights from this pilot will help identify solutions to challenges related to fuel quality, handling, traceability, and onboard vessel performance.

Biofuels for global shipping today rely heavily on used cooking oil – a feedstock whose availability is approaching its projected limits. Biofuel from waste animal fats presents a promising option to expand the supply of lower-emissions marine fuels.

The outcomes of the pilot are expected to shed light on the practical steps to integrate biofuel blends from different feedstocks into existing supply chains. The diversity of biofuels will provide shipowners and operators with greater flexibility to optimise fuel procurement based on cost, availability, and lifecycle emissions performance.

Biofuels derived from different feedstocks can exhibit varying properties that may impact operations, including potential corrosion from oxidation, fuel system clogging caused by wax formation, which this pilot aims to assess.

The pilot will trace and verify the biofuel blend’s integrity aimed at bolstering confidence in emissions reductions reporting. The pilot will also provide insights into how robust tracing can support future marine fuel supply chains where biofuels from multiple feedstocks with varying lifecycle greenhouse gas emissions footprints are blended together.

This project is co-funded by the Maritime and Port Authority of Singapore under the Maritime Innovation and Technology Fund (MINT).

 

Photo credit: Global Centre for Maritime Decarbonisation
Published: 3 June, 2026

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Biofuel

NYK starts one-year B100 bio bunker fuel trial on car carrier

In this trial, NYK will operate a car carrier continuously on B100 for one year to evaluate the impact on engines, fuel supply systems, and operational practices.

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NYK starts one-year B100 bio bunker fuel trial on car carrier

Japanese shipping firm NYK on Tuesday (2 June) said it has commenced a one-year long-term trial involving the continuous use of 100% biofuel (B100) on an NYK-operated car carrier. 

In this trial, NYK will operate a car carrier continuously on B100 for one year to evaluate the impact on engines, fuel supply systems, and operational practices. High-purity biofuels such as B100 are known to be susceptible to degradation from oxygen, light, and heat, raising concerns about the stability of such fuels during long-term use.

In this trial, the biofuel primarily comprises FAME (Fatty Acid Methyl Ester) derived from used cooking oil and similar feedstocks.

The initiative is designed to evaluate the fuel’s effects on the vessel’s equipment and verify operational safety under real-world conditions. 

Through this effort, NYK seeks to accumulate technical expertise that will support the broader use of high-purity biofuels and further accelerate efforts to reduce greenhouse gas (GHG) emissions.

NYK has been advancing the use of biofuels through various initiatives. In 2024, the company conducted a trial using biofuel blend B24 and subsequently expanded practical usage to B30. However, the company said there remains limited global experience with the long-term continuous use of B100.

“By collecting long-term operational data through this trial, NYK aims to accumulate valuable technical insights to support both the safe operation of vessels and the wider adoption of high-purity biofuels,” it said. 

 

Photo credit: NYK
Published: 3 June, 2026

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Ammonia

AM Green plans to build green ammonia plant at Indian port

Initiative also includes development of green ammonia handling, storage and bunkering infrastructure, pilot bunkering operations, safety procedures and training programmes, says VOC Port Authority.

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VO Chidambaranar (VOC) Port Authority on Friday (29 May) said it has signed a Memorandum of Understanding (MoU) with India’s ammonia producer AM Green Ammonia to collaborate in the development of a green ammonia production plant.

The plant will have a capacity of one million tonnes per annum (MTPA) at Tuticorin.

The initiative also includes development of green ammonia handling, storage and bunkering infrastructure, pilot bunkering operations, safety procedures and training programmes. 

The project is expected to support the development of green fuel corridors connecting VOC Port with major ports in Europe and Asia, thereby strengthening India’s position in the global green fuels value chain.

VOC Port also signed a Memorandum of Understanding (MoU) with Bureau Veritas (India) Pvt. Ltd., to collaborate on Green Port certification, emissions accounting, ESG reporting, safety validation, development of green bunkering practices, and establishment of a Centre of Excellence for green fuels and sustainability.

The port also plans for an upcoming 750 m³ green methanol bunkering facility.

 

Photo credit: Naveed Ahmed on Unsplash
Published: 3 June, 2026

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