In Germany, Vesper reports that rules ending double counting for biofuels produced from used cooking oil would come into effect on January 1 when the Renewable Energy Directive III regulations are implemented. Doing so is expected to boost demand for HVO as well as for rapeseed oil, helping to offset lower prices that resulted in […]
In Singapore, Manifold Times reports last week in Singapore, the delivered price for 100% used cooking oil methyl ester biofuel significantly exceeded its estimated cargo price. The FOB price for UCOME from China was recorded between $1,000 and $1,015 per metric ton by PRIMA Markets. However, the delivered price in Singapore was quoted at $1,290 […]
In Singapore, TotalEnergies Marine Fuels delivered 700 metric tons of 100% Used Cooking Oil Methyl Ester in Singapore to Hyundai Glovis’ vessel, Glovis Cosmos. This is the first time TotalEnergies has supplied a biofuel bunker composed entirely of UCOME, a second-generation, waste-based fuel sourced in Southeast Asia and certified under the International Sustainability & Carbon […]
In Switzerland, Avolta, a leader in global travel experiences, has partnered with logistics giant DB Schenker to initiate the first-ever marine biofuel transport route between Barcelona and Miami. This pioneering initiative marks a significant step in sustainable maritime transport, utilizing Used Cooking Oil Methyl Ester (UCOME) derived from waste cooking oil. The move is set […]
In Singapore, Reuters reported that GS Caltex Singapore said it has sold its first cargo of biofuel-blended marine gasoil to Maersk Oil Trading (MOT) at the world’s largest bunker hub Singapore as the company seeks to expand into lower carbon fuels. The sale is part of GS Caltex’s plans by to expand its biofuels supply […]
