In the Netherlands, Offshore Energy reported that Spanish energy firm Moeve, formerly Cepsa, has reached a strategic agreement with compatriot shipping company Armas Trasmediterránea to supply second-generation (2G) marine biofuels in the Canary Islands.
Approximately 40,000 tons are set to be delivered through December 2025 under a long-term contract, with the potential for extension into 2026, according to the report.
“Second-generation (2G) renewable biofuels can reduce CO2 emissions by up to 90% throughout their life cycle compared to traditional fuels, accelerating the energy transition and enabling sustainable mobility in hard-to-electrify sectors such as maritime transport,” Moeve claimed, adding that they can also be used with existing infrastructure and engines.
Moeve produces these biofuels at its San Roque Energy Park, Cádiz, and La Rábida Energy Park, Huelva, and already supplies Spain’s main ports, including Algeciras, Barcelona, Ceuta, and Huelva, the report added.
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