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Tag: marine biofuel

Rotterdam marine biofuel prices soar after Dutch subsidy halved

Rotterdam marine biofuel prices soar after Dutch subsidy halved

January 9, 2024 |

In the Netherlands, Bunkerspot reports that last week data from ENGINE showed that following the Dutch government’s decision to halve its rebate multiplier for marine biofuel sales from 0.80 to 0.40, prices in Rotterdam for B20-VLSFO and B30-VLSFO rose $50 and $80 per metric ton, respectively. Before the Jan. 1 implementation of the new policy, […]

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Straits Energy Resources unit certified to enter marine biofuel industry

Straits Energy Resources unit certified to enter marine biofuel industry

January 4, 2024 |

In Malaysia, The Edge reported that Straits Energy Resources said its subsidiary Tumpuan Megah Development is set to enter the marine biofuel trading and bunkering industry in the first quarter of 2024, after it was certified by the International Sustainability and Carbon Certification (ISCC EU) scheme. Tumpuan Megah is the first Malaysian industry player to […]

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