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Biofuel

Peninsula Shanghai and Singapore teams fixes bio bunker fuel deal for Cosco 

Trading teams recently combined to deliver 2,000 mt of UCOME-based B24 marine biofuel to Cosco container carrier “M/V Cscl Venus” through local Singapore physical supplier, Vitol Bunkers.

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Peninsula, the leading global independent marine energy supplier, has fixed its first Biofuel deal for Shanghai-based international shipping firm Cosco Shipping Lines (Cosco).

Peninsula’s Shanghai and Singapore trading teams recently combined to deliver 2,000 metric tonnes (mt) of UCOME-based B24 marine biofuel to the 155,000 DWT Cosco container carrier, M/V Cscl Venus, through local Singapore physical supplier, Vitol Bunkers. 

Biofuel demand continues to increase as a result of tighter regulation around maritime carbon emissions. This delivery is another example of Peninsula’s ability to unite close customer relationships with optimum supply solutions.

The use of biofuel in the delivery will provide minimum GHG savings of over 1,200 tonnes of CO2 equivalent. For context, this saving is the equivalent CO2 emissions of over 200 vans covering 40,000 km each. 

Nacho de Miguel, Head of Alternative Fuels and Sustainability at Peninsula, said: “Peninsula’s strong brand presence across our Asian network is bringing significantly increased alternative fuels demand. Biofuel supply volumes are naturally increasing due to the regulatory environment, but it is equally clear that customers like Cosco, one of the biggest names in global shipping, feels able to trust Peninsula in delivering reliable lower-carbon solutions.”

Michael Tang, Chief Representative Officer (China) for Peninsula, added: “We are very grateful to Cosco for choosing Peninsula to arrange this Biofuel supply. Our internal expertise across the entire alternative fuels supply chain, as both physical supplier and trader, means that we can add real value to our customers.  We look forward to continuing our decarbonisation journey together.”   

Photo credit: Peninsula
Published: 3 October, 2023

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Bunker Fuel

Singapore: Bunker fuel sales soar by 7.5% on year in June 2025

4.59 million mt of various marine fuel grades were delivered at the world’s largest bunkering port in June, up from 4.27 million mt recorded during the similar month in 2024, according to MPA.

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Singapore: Bunker fuel sales soar by 7.5% on year in June 2025

Sales of marine fuel at Singapore port increased by 7.5% on year in June 2025, according to Maritime and Port Authority of Singapore (MPA) data.

In total, 4.59 million metric tonnes (mt) (exact 4,594,700 mt) of various marine fuel grades were delivered at the world’s largest bunkering port in June, up from 4.27 million mt (4,274,900 mt) recorded during the similar month in 2024.

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 1.70 million mt (+8.6% from 1.56 million mt), 2.31 million mt (-7.2% from 2.33 million mt), 1,900 mt (from zero), 4,500 mt (-88% from 8,000 mt) and zero (from zero).

Singapore: Bunker fuel sales soar by 7.5% on year in June 2025

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 38,800 mt (+671.7% from 2,500 mt), 114,300 mt (+97.9% from 45,400 mt), zero (from zero), zero (from zero) and zero (from zero). B100 biofuel bunkers, introduced in February this year, recorded 1,000 mt of deliveries in June.

LNG and methanol sales were respectively 55,400 mt (-7.8% from 51,700) and zero (from zero mt). There were no recorded sales of ammonia for the month and so far in 2025.

Related: Singapore: Bunker sales volume raises to year record high of 4.88 million mt in May
Related: Singapore: Bunker fuel sales increase by 4% on year in April 2025
Related: Singapore: Bunker fuel sales increase by 0.5% on year in March 2025
Related: Singapore: Bunker fuel sales down by 8.1% on year in February 2025
Related: Singapore: Bunker fuel sales down by 9.1% on year in January 2025

A complete series of articles on Singapore bunker volumes reported by Manifold Times tracked since 2018 can be found via the link here.

 

Photo credit: Maritime and Port Authority of Singapore
Published: 15 July 2025

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Biofuel

Chimbusco Pan Nation delivers first B30-MGO bio bunker fuel blend supply in Hong Kong

The supply, delivered to Orient Overseas Container Line, represents the first time OOCL has received this fuel blend in the region; operation also included a simultaneous delivery of B30-HSFO.

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Chimbusco Pan Nation delivers first B30-MGO bio bunker fuel blend supply in Hong Kong

Hong Kong-based marine fuel oil supplier Chimbusco Pan Nation Petro-Chemical (CPN) on Friday (11 July) announced the first-ever delivery of a B30-Marine Gasoil (B30-MGO) which consists of 30% biodiesel and 70% Marine Gasoil (MGO), in Hong Kong. 

The supply, delivered to Orient Overseas Container Line (OOCL), represents the first time OOCL has received this fuel blend in the region.

In addition to the B30-MGO, this operation included a simultaneous delivery of B30-High Sulphur Marine Fuel Oil.

“This delivery, completed on 11 July, solidifies CPN’s leadership in advancing green fuel solutions in East Asia. Being the first bunker supplier in the region capable of providing all grades of ISCC-EU Certified marine biofuel, including marine fuel and gas oil, CPN demonstrates its commitment to supporting the maritime industry’s transition to sustainable energy,” the company said on its website. 

 

Photo credit: Chimbusco Pan Nation Petro-Chemical
Published: 15 July, 2025

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Alternative Fuels

ENGINE on Fuel Switch Snapshot: B100’s price edge grows in Rotterdam

Rotterdam B100’s discount to LSMGO tops $300/mt; earliest B100 delivery dates vary widely in Rotterdam; LNG bunker delivery premium at $130/mt in Rotterdam.

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ENGINE on Fuel Switch Snapshot: B100’s price edge grows in Rotterdam

Once a week, bunker intelligence platform ENGINE will publish a snapshot of alternative and conventional bunker fuel prices in the world’s two biggest bunkering hubs. The following is the latest snapshot:

  • Rotterdam B100’s discount to LSMGO tops $300/mt
  • Earliest B100 delivery dates vary widely in Rotterdam
  • LNG bunker delivery premium at $130/mt in Rotterdam

B100’s discount to VLSFO in Rotterdam has widened by $8/mt to $173/mt. Its discount to LSMGO has increased by a greater $24/mt in the past week, to reach $322/mt.

In Singapore, B100 has become $50/mt more expensive than VLSFO over the past week, pushing its premium to $519/mt. These prices include estimated pooling values for voyages between Singapore and EU ports.

ENGINE on Fuel Switch Snapshot: B100’s price edge grows in Rotterdam

B100 is also the cheapest fuel option in Rotterdam for dual-fuel vessels with Otto medium-speed (Otto MS) engines. Its discount to LNG has widened by $30/mt, now ranging between $91–257/mt depending on engine type.

For Otto MS engines, B100 is now $53/mt cheaper than LBM. But for ships with diesel slow-speed (diesel SS) engines, LBM is the more cost-effective option, priced $64/mt below B100 due to its lower methane slip.

Liquid fuels

VLSFO prices have remained mostly steady over the past week. Rotterdam’s benchmark has edged up by $1/mt, while Singapore’s has dipped by $7/mt.

Rotterdam’s B100 has declined by $7/mt.

B100 bunker availability has varied widely between suppliers in Rotterdam in the past week. One supplier had tight barge availability and could deliver with four days of lead time. Another could deliver in 1-2 days, but at a hefty price premium. Most suppliers needed 7-8 days of lead time.

Singapore’s B100 price has surged $43/mt higher over the past week.

Liquid gases

Rotterdam’s LNG bunker price has risen by $23/mt, while its LBM has followed closely with a $26/mt gain.

LNG’s price rise has come amid “increased demand for air conditioning due to the hot weather, demand for injection into underground gas storage, and continued demand for gas transportation to Eastern Europe,” according to the Japan Organization for Metals and Energy Security (JOGMEC).

A $10/mt rise in Rotterdam’s LNG bunker delivery premium assessed by ENGINE has also contributed to the price increase. The premium is around $130/mt now.

Singapore’s LNG price has remained largely unchanged, slipping by just $1/mt over the past week.

By Konica Bhatt

 

Photo credit and source: ENGINE
Published: 15 July, 2025

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