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GoodFuels ceases bio bunker fuel deliveries in Singapore after near three-year run

‘Whilst the GoodFuels team will continue its efforts to decarbonise global shipping from the Amsterdam office, we will be stopping all biofuel deliveries in Singapore with immediate effect,’ says Jing Xieng Han.

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Biofuel supplier GoodFuels, FincoEnergies’ sustainable fuels brand, has stopped all biofuel deliveries in Singapore with immediate effect, according to Jing Xieng Han, General Manager of GoodFuels Asia Pacific, on Wednesday (6 November). 

GoodFuels first announced the opening of its first office in Singapore in February 2022. The Singapore office was GoodFuels’ second office and its first outside of Europe. 

At the time, GoodFuels said Singapore was chosen as the target for its first international expansion because of its importance to the global shipping industry and its leading position as a key bunkering hub, with mature bunkering infrastructure that will support the delivery of marine biofuel.

Jing said FincoEnergies has decided to consolidate GoodFuels operations in the Asia Pacific and ARA regions. 

“Whilst the GoodFuels team will continue its efforts to decarbonise global shipping from the Amsterdam office, we will be stopping all biofuel deliveries in Singapore with immediate effect,” she said in a social media post. 

“Our Amsterdam team remains dedicated to furthering the decarbonization of global shipping ‘the Good Way’ and I wish them continued success.”

Jing also announced that she will be departing GoodFuels Asia Pacific, effective 6 November as well. 

“It has been a privilege to contribute to the integration of biofuels into the bunkering sector in Singapore over the past three years,” she said.

“The rapid evolution of the industry has been mind-blowing, and I fondly recall addressing numerous queries on the technical feasibilities of biofuels as bunker fuels when I first launched our Singapore office in early 2022.”

Related: GoodFuels opens first Singapore office to meet growing biofuel demand

 

Photo credit: GoodFuels
Published: 7 November, 2024

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Biofuel

Chimbusco Pan Nation bio bunker fuel supply volume in H1 2025 surpasses 2024 total

Company supplied over 78,000 metric tonnes of marine biofuel in Hong Kong in the first six months of 2025, surpassing its total biofuel supply for the whole of 2024.

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Chimbusco Pan Nation bio bunker fuel supply volume in H1 2025 surpasses 2024 total

Hong Kong-based marine fuel oil supplier Chimbusco Pan Nation Petro-Chemical (CPN) on Friday (4 July) said it has supplied over 78,000 metric tonnes (mt) of marine biofuel in Hong Kong in the first six months of 2025.

As such, the company said its biofuel volume for the first half of the year exceeded its total biofuel supply for the whole of 2024. 

“This record-breaking achievement highlights our commitment to sustainability and innovation in the maritime industry,” the company said in a social media post. 

“From January to June 2025, our team surpassed last year’s total, proving that dedication and excellence knows no limits—and exceeded 2024 by 80%!”

Manifold Times previously reported CPN setting a record for China’s largest B24 marine biofuel bunkering operation.

CPN delivered 6,300 mt of B24-VLSFO in Hong Kong to container ship XIN LOS ANGELES on 15 May. The supply exceeded CPN’s previous record of 5,500 mt delivered to the same ship in February 2025.

In April, the company also commenced supply of B30 biofuel in Hong Kong. 

Related: Hong Kong: CPN hits new record for China’s largest B24 biofuel bunkering operation
Related: CPN achieves largest B24 bio bunker fuel delivery in Hong Kong and China
Related: Chimbusco Pan Nation launches B30 bio bunker fuel supply in Hong Hong

 

Photo credit: Chimbusco Pan Nation Petro-Chemical
Published: 7 July, 2025

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Bunker Fuel

Titan adopts FuelBoss by Ofiniti for digital bunkering and live delivery insights

Per-Christian Dettwiler, CPO of Titan, says the firm has reached a scale where manual coordination and paper-driven workflows are no longer sustainable and needed a digital platform that can evolve with it.

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Titan adopts FuelBoss by Ofiniti for digital bunkering and live delivery insights

Ofiniti, a provider of digital solutions for maritime bunker operations, on Thursday (3 July) said LNG bunker fuel supplier Titan Clean Fuels (Titan) is adopting its FuelBoss platform to meet higher demand for cleaner marine fuels and offer digitalised bunker operations. 

Ofiniti said Titan, which started as a small-scale LNG bunkering initiative, has rapidly evolved into a larger regional player in LNG and bio-LNG. 

“Confidence is continuing to grow in the sector, with recent reports showing that LNG accounts for 87 of the 151 alternative-fuelled vessels ordered in H1 of 2025,” the company said in a social media post. 

Subsequently, Titan is bolstering its capacity to handle higher demand with the FuelBoss software providing a digital backbone for increasing operational planning, scheduling and execution.

“We have reached a scale where manual coordination and paper-driven workflows are no longer sustainable. To maintain reliability, efficiency, and transparency across our growing operations, we needed a digital platform that can evolve with us. FuelBoss gives us the structure and visibility to execute consistently – no matter the vessel, port, or partner involved,” said Per-Christian Dettwiler, Chief Operating Officer of Titan.

FuelBoss enables real-time delivery coordination between vessels, suppliers, terminals, surveyors, and customers. This means reduced operational friction, more transparent communication, and the ability to meet the rising expectations of a broad customer base from cruise operators to deep-sea cargo fleets. 

“Titan exemplifies what a future-ready marine fuel supplier looks like: fast-growing, ambitious, and uncompromising on service quality. With clients spanning both regulated and high-performance environments, they expect structured, digital workflows by default, with eBDN being a part of this. We’re proud to support Titan on their mission to scale clean fuel delivery with confidence,” said Martin Christian Wold, VP Business Development of Ofiniti.

 

Photo credit: Ofiniti
Published: 7 July, 2025

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Biofuel

Argus Media on European bio-bunkers: Prices diverge, abatements firm

Marine biodiesel blend prices diverged along the type of biofuel used, as prices for Advanced Fame-based blends picked up while Ucome-based blends eased, says Argus.

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European marine biodiesel prices diverged as prices in underlying markets also diverged on Tuesday.

2 July 2025

In prompt biodiesel markets, outright used cooking oil methyl ester (Ucome) and Advanced Fatty acid methyl ester (Fame) 0 barge prices rose sharply at the close. In fossil markets, the front-month Ice Brent crude and gasoil futures contracts diverged again at 16:30 BST. Delivered VLSFO and MGO prices were mostly close to steady in ARA and GAC, except for VLSFO dob ARA, which fell by $10/t.

Marine biodiesel blend prices diverged along the type of biofuel used, as prices for Advanced Fame-based blends picked up while Ucome-based blends eased. Calculated B30 Advanced Fame 0 dob ARA prices, which includes a deduction of the value of Dutch HBE-G renewable fuel tickets, gained $2.38/t to $725.70/t. And calculated B100 Advanced Fame 0 dob ARA prices also increased by $31.29/t to $1,215.18/t — a one-year high.

B30 Ucome dob ARA values, on the other hand, eased by $5/t to $820/t, reflecting reported market indications. In the west Mediterranean, Argus assessed B24 dob Algeciras-Gibraltar lower by $10/t on the day at $750/t, also in line with indications.

Argus assessments for FuelEU Ucome-MGO abatement and Ucome-VLSFO abatement prices firmed by $8.88/tCO2e to $323.80/tCO2e and by $12.89/tCO2e to $363.70/tCO2e respectively. The increase in Ucome fob ARA prices outpaced higher MGO barge levels, while VLSFO fob northwest Europe values edged lower on the day, lending support to abatement prices.

EU ETS prices rebounded to $82.40/t from $80.46/t, but ETS-inclusive premiums held by marine biodiesel blends against their fossil counterparts mostly widened. B30 Ucome dob ARA’s ETS-inclusive premium to VLSFO dob ARA rose by $3.73/t to $289.11/t. B30 Advanced Fame 0’s ETS-incorporated premium to VLSFO gained $11.11/t to $194.82/t, while B100 Advanced Fame 0’s premium to MGO firmed by $28.43/t to $379.75/t, a two-month high.

But the ETS-inclusive premium held by B24 dob Algeciras-Gibraltar to VLSFO dob GAC narrowed by about $13/t to $184.89/t.

 

Photo credit and source: Argus Media
Published: 3 July, 2025

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