Peninsula and the University of Gibraltar on Wednesday (7 May) signed a Memorandum of Understanding (MoU) which will see them partner to provide expert knowledge in the alternative marine fuel training and to develop a framework to improve knowledge on this topic.

Under the MoU, Peninsula and the University will establish a joint study group tasked with developing educational and training content on alternative marine fuels, looking specifically at the transportation, storage and supply of these fuels. The partnership will include subject matter experts from Peninsula delivering some guest lectures at the University.

The ongoing transition to alternative marine fuels has revealed a significant skills gap in shipping, with research suggesting that growing industry demand for alternative fuels far outpaces the pool of seafarers who are qualified to handle these fuels.

John A. Bassadone, Founder and CEO of Peninsula, said: “In line with the industry’s commitment to decarbonise, many of our customers are looking into alternative marine fuels such as LNG and biofuels for the first time, and skills gaps can be a barrier to adoption. Simply put, the demand on the seafarer community will increase and we want to be there to help customers close the skills gap.

“Our motivation for entering into partnership with the University of Gibraltar is to support our community, customers, and indeed the wider industry, amid the transition to cleaner fuels. The University has a reputation for producing cadets who are both technically capable and industry-ready and for upskilling current seafarers and we’re proud to continue contributing to this.

“By contributing to develop a robust framework for specialised training and education, we hope this initiative will make it easier for organisations to access resources and upskill their teams, so that we’re ready to meet IMO and the industry’s long term sustainability goals.”

Aaron Lopez, Head of Maritime Academy from the University of Gibraltar, added: “Seafarers are vitally important to the world economy – working behind the scenes, they are responsible for the movement of almost all the world’s goods.

“We need to ensure they are equipped with the knowledge and skills to do this important job, particularly as the fuel landscape continues to evolve.

“At the University of Gibraltar, we’re proud to be at the forefront of maritime education and training, preparing cadets to meet the demands of a changing industry. Through our partnership with Peninsula, we will gain valuable insight from a global leader in bunkering and together begin to address the skills gaps that come with the transition to cleaner fuels.”

Photo credit: Peninsula
Published: 9 May, 2025

Hong Kong-based marine fuel oil supplier Chimbusco Pan Nation Petro-Chemical (CPN) on Wednesday (7 May) completed the first B30 marine biofuel bunkering operation at its home base. 

CPN supplied ISCC-EU certified B30 marine biofuel to a containership operated by Orient Overseas Container Line Ltd (OOCL) in Hong Kong. 

Manifold Times previously reported CPN commencing B30 bunkering services across Hong Kong’s waters following recent approval by IMO MEPC 83 that now allows conventional Type I barges to carry biofuel blends of up to 30% (B30). 

The company said the B30 blend, comprising 30% biodiesel, further reduced carbon emissions compared to B24 biofuel.

“This operation marks OOCL’s first B30 biofuel bunkering operation in Hong Kong, advancing their decarbonisation strategy,” CPN said on its website. 

“Authorised by the IMO’s updated regulations, CPN’s B30 marine biofuel met stringent sulphur standards and supported global decarbonisation goals, reinforcing Hong Kong’s position as a hub for sustainable bunkering.”

Related: Chimbusco Pan Nation launches B30 bio bunker fuel supply in Hong Hong

Photo credit: Chimbusco Pan Nation Petro-Chemical
Published: 8 May, 2025

Rotterdam-based biofuels supplier FincoEnergies recently announced it has officially completed its partial acquisition of Dutch bunker supplier Oliehandel Klaas de Boer on 1 May. 

The company acquired Oliehandel Klaas de Boer’s complete lubricants business and part of the bunker fleet. 

“With this acquisition, FincoEnergies increases its storage capacity and product portfolio, highlighting its role as an independent and leading supplier of biofuels and lubricants within the maritime sector,” the company said on its website.  

With the addition of several vessels and the entire lubricants product line, FincoEnergies has strengthened its logistical capabilities in Dutch ports. 

“This expansion is part of the company’s growth strategy and enables FincoEnergies to serve the maritime sector even better,” it added.

The product portfolio has also been broadened, with an enhanced focus on sustainable biofuels, bulk lubricants, and solutions for all maritime customers.

Jeroen van Essen, General Manager at FincoEnergies, explained: “With this expansion, we are strengthening our logistical network and product offering and our role as a true partner for maritime customers.

“The sector faces several challenges due to new legislation, such as RED III and ETS2. We help our customers prepare for these changes through reliable deliveries, a diverse product portfolio, and concrete, sustainable solutions that meet tomorrow’s requirements. Together, we are charting a course toward a future-proof maritime sector.”

Dennis van Loon, Head of Operations at FincoEnergies, added: “Expanding our fleet is an important step towards even greater customer security of supply.”

“Especially in a market that operates 24/7, the availability of (bio)fuel at the right time and place is crucial. This expansion allows us to respond faster, store larger volumes, and further enhance our logistical capabilities. It strengthens our position as a reliable partner in maritime fuel supply.” 

Related: FincoEnergies launches pooling service for FuelEU Maritime compliance

Photo credit: FincoEnergies
Published: 8 May, 2025