Category: Reports

In this exclusive interview, ENGINE speaks to FincoEnergies’ commercial director Johannes Schurmann to explore some of the more pressing questions and challenges around biofuels for bunkering.

Marine biofuel specialist FincoEnergies has been in the ARA market for several years and established itself as perhaps the world’s biggest supplier of biofuel blends to ships.

Managing Editor, Erik Hoffmann sits down for an in-depth interview to find out… have there been a lot of teething issues so far, where are we now, and what will a more GHG-regulated marine fuel future look like?

Key takeaways include:

• The unexpected benefit from tricky biofuel tracers
• New document could unbreak the chain of sustainability
• Triple-stacked regulations and rebates to spur fresh biofuel demand
• Shying away from unfamiliar bio price indexes can be risky

 

 

Track alternative fuel prices against conventional fuels, so you know when to make the switch.

[Example snapshot from March 2024]

Despite the EU Emissions Trading System’s (EU ETS) tax on carbon, burning HSFO, VLSFO or LSMGO and paying for the CO2 they emit still pays off when bio-blended alternatives are priced as high as they are today. However, as time goes on and penalties increase, the switch to alternative fuels becomes a question of when, not if.

ENGINE’s weekly Fuel Switch Snapshot provides an apples-to-apples comparison of bunker fuels on the market, so you can consider not only the outright price of the fuels, but also how far you can sail on them and what you will pay to burn them on EU-linked voyages.

Once a week, you will receive a snapshot of alternative and conventional bunker fuel prices in the world’s two biggest bunkering hubs. The prices will come adjusted for calorific contents – the bang for your buck – and with costs of emitting CO2 in the EU both included and excluded. This is to illustrate not just the effect of EU ETS on pricing, but also give you the best possible generalised comparison tool in these fast-changing times.

Subscribe to receive the report every week for free via the form. You can unsubscribe at any time.

 

 

Biofuels are making waves

The ENGINE analyst desk investigates:

• Which physical bunker suppliers are offering biofuels and in which global ports
• Biofuel blends becoming increasingly popular in Asia and the Middle East
• Why suppliers in the US are struggling to gain traction with offer biofuels

 

Higher bunker prices are resulting in 50% more claims

The ENGINE analyst desk investigates:

• All-time high bunker prices lead to a sharp increase in bunker claims, surpassing the previous high seen during the IMO2020 transition
• More claims in a high-price environment can result in much higher financial losses
• Higher water content in fuel oil and an increase in VLSFO viscosity seen amid a lack of blending components