The Digest’s Multi-Slide Guide to Asia Biobunkers Pricing and Market Update

Singapore has surpassed Rotterdam as Asia’s largest biobunkering hub since 2024, driven by tightening IMO and EU regulations. The IMO Carbon Intensity Indicator (CII) mandates 4-17% GHG reduction by 2028, and GHG pricing begins in 2028 ($100/tCO2e for Tier 1 units). Singapore’s biodiesel demand from bio-bunkers is projected to reach ~1.4 million metric tons by 2030. While biobunkers are priced at a premium, they offer a comparatively affordable lower-carbon alternative.