In the UK, Reuters reported that BP has stopped work on its Rotterdam biofuels plant, , marking the latest in a string of abandoned biofuels projects by oil companies such as BP and Shell in the face of weak demand. In recent months BP has halted plans to build standalone biofuels plants at its Kwinana […]
In the Netherlands, Shell Nederland Raffinaderij, a subsidiary of Shell, said it has decided not to restart construction of its planned biofuels facility at the Shell Energy and Chemicals Park in Rotterdam, which began in 2022. Following an in-depth commercial and technical evaluation to reassess the project’s competitiveness, Shell will no longer proceed with the […]
In Singapore, Engine Online reports on January 27, B100 at Rotterdam traded at a $55/mt discount to HSFO and a $126/mt discount to VLSFO when compliance costs and pooling benefits are included, a larger discount than recorded the previous week. When factoring in FuelEU Maritime pooling benefits and its zero-carbon status under the EU Emissions […]
In Singapore, Ship & Bunker reports, the Port of Singapore has overtaken Rotterdam as the world’s largest biofuel bunker port in the third quarter of this year, driven by a 67.5% rise in sales to 227,000 metric tons, surpassing Rotterdam’s 137,175 metric tons. Ronald Backers, the Port of Rotterdam’s head of liquid bulk business intelligence, […]
