Operation marked a key step in their Baltic expansion and strengthening access to renewable marine fuels across Europe.
Prices drop across the board at major ports; LBM EU-EU compliance edge grows further; Singapore’s B100 still $400/mt above VLSFO.
Petrobras delivered 1,300 mt to “Zumbi dos Palmares” while the vessels “Rômulo Almeida” and “Carlos Drummond de Andrade”, with approximately 400 and 300 mt respectively.
Shipowners’ demand for ‘cheapest compliant fuel’ suggests a potentially more competitive and shrinking market for LSFO, forecasts Choong Sheen Mao, COO at Equatorial.
‘We are very bullish on biofuels,’ states Captain Rahul Choudhuri, President of Strategic Partnerships, VPS.
Renewed MoU introduces initiatives including continued joint research on technologies for ammonia dual-fuel vessels and biofuel trials as well as other measures to advance low-carbon shipping.
Timeline has been revised to allow for thorough consideration of safety, technical requirements, and extensive feedback from the BIMCO Documentary Committee and wider industry consultation group.
Teams have to be curious, and continuously learn and un-learn old practices to adapt to new legal frameworks and diverse fuel products,’ says Richard Ho, General...
This marked a significant increase over the 6,287 mt used in FY2023, after the company launched long-term trials aimed at full-scale implementation of biofuel usage in...
ExxonMobil’s UK offer currently includes 0.10% sulphur bio MGO and 3.50% sulphur bio HSFO. Bio HSFO and bio MGO are available to specific requirements up to...
