LBM and B100 undercut fossil for Rotterdam-EU routes

In The Netherlands, Engine Online reported on January 21, 2025, liquefied biomethane and biofuel B100 were priced lower than fossil fuel alternatives for Rotterdam-EU routes under FuelEU Maritime regulations. LBM benefits from pooling mechanisms and compliance adjustments that significantly lower its effective cost.

For diesel slow-speed engines with a 0.2% methane slip, LBM earns an estimated $681/mt in credits, reducing its effective price to $462/mt. For medium-speed Otto engines with a 3.1% methane slip, LBM qualifies for a $546/mt in credits, lowering its effective price to $597/mt. By comparison, for the same engine fossil LNG increases to $901/mt after compliance costs and penalties for those routes.

On the same day, the effective price of B100 on Rotterdam-EU routes was priced $11/mt below high-sulfur fuel oil and $83/mt below very low sulfur fuel oil, also achieving competitive pricing under FuelEU adjustments.

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