Discussions at this week’s ARACON 26 conference in Rotterdam covered a considerable amount of ground, with digitalisation, AI, new marine fuels and evolving regulatory mandates all in the mix, but fuel quality – in relation to the ARA market, the ISO 8217 specification and the composition of biofuels – was a key talking point and certainly elicited some robust engagement between speakers and delegates. Regulation was the focus of a conference session and featured input from buyers, suppliers and compliance experts. With revisions of the EU Emissions Trading System (ETS), FuelEU Maritime (FEUM) and Europe’s Renewal Energy Directive in prospect, […]

Peninsula’s Global Head of Operations Jeroen De Vos has said his company is ready to sell more biofuel to the shipping industry but, despite a $253 spread between B100 and Marine Gas Oil (MGO) in favour of the biofuel, the demand is not there. Speaking at the ARACON conference today (23 October), De Vos said the biofuels market remains ‘stuck’ with many still considering the fuel to be a pilot, rather than mature product. ‘With such a competitive and price driven market, why is there not a switch to it [B100]?’ he asked more than 100 delegates in Rotterdam. ‘There’s […]

A cargo of Russian-origin diesel is currently on its way to the US – the first since an agreement between the two countries was announced earlier this month, reports Reuters. As previously reported, the US Treasury’s Office for Foreign Assets Control (OFAC) issued a licence permitting the sale, delivery, offloading and importation of diesel of Russian diesel on 9 October. In its report today (23 October), Reuters said that a tanker loaded with 40,000 tonnes of ultra-low sulphur diesel is currently en route to New York. It is expected to arrive on 7 November. The report, referencing LSEG shipping data, […]