Alternative marine fuels

Alternative marine fuels


Marine fuels sale and consumption are not currently subject to greenhouse gas (GHG) restrictions or fees. The International Maritime Organization (IMO) is requiring that vessels reduce their CO2 emissions (a type of GHG) by 40pc by 2030 and by 70pc by 2050 from 2008 base levels.

Separately, the EU has two proposals in the works which would apply to vessels calling EU ports:

1: To phase in maritime emissions trading in its emissions trading scheme starting in 2023, with 100pc auctioning of emissions from 2026.
2: For vessels to reduce their GHG intensity starting from 2025 with 75pc reduction by 2050, from 2020 base levels.

The IMO and EU’s objectives have prompted ship owners to invest in alternative marine fuels, such as ammonia, hydrogen, biofuel, LNG, and methanol among others.

Argus’ price assessments allow you to compare alternative to conventional bunkers. Our analysis pieces provide you with insight into alternative fuels trends.

Latest alternative marine fuels news

An error has occured.
No results found.

Featured content

November 2022. As marine gasoil supply tightens and shipowners seek more sustainable options, marine biodiesel, a blend of Advanced Fame 0 and very low sulphur fuel oil (VLSFO), could provide a reasonably competitive, low sulphur and low carbon alternative. This white paper examines dynamics including demand and pricing for the fuel.

A suite of marine biodiesel indexes for northwest Europe compliant with the Renewable Energy Directive on a delivered on board basis for Amsterdam-Rotterdam-Antwerp. The price suite includes B10, B20, B30, B50 and B100 indexes that are published daily in Argus Biofuels and Argus Marine Fuels reports.

Marine fuel suppliers and shipowners often use very-low sulphur fuel oil (VLSFO) wholesale (barge and cargo) prices and crude (Brent and Dubai) prices to hedge their VLSFO for bunkering sales and purchases. The significance of VLSFO wholesale and crude as hedging tools fell this year. Argus’ outright VLSFO bunker assessments are informed by a robust number of daily deals and are the best tool to use in contact indexations.

April 2022. California starting next year will require commercial harbor craft vessels in the state to burn renewable diesel (R99) instead of ultra-low sulphur diesel (ULSD), increasing their marine fuel bills. The state’s environmental agency, California Air Resource Board (CARB), expects the switch to R99 to reduce nitrogen oxide (NOx) emissions by 30pc and particulate matter emissions by 10pc.

We discuss the current state of the European conventional bunker market and the latest developments in alternative marine fuels, touching on the European bunker markets’ recovery from Covid-19, pricing themes between the key European bunker ports, Argus’ new bunker indexes for the ARA and West Med hubs and more.

Navigating energy transition

Energy transition offers tough challenges and huge opportunities. Far from affecting only the power sector, all major industries are looking to transform how they produce, store, transport and consume energy. The need for authoritative information on fuels, industrial heat, power and chemical raw materials has never been greater.

Upcoming events

For a full list of upcoming events, visit our webinar and conference landing pages.

How do alternative marine fuel prices compare to VLSFO prices?

Global alternative marine fuel vessel database

Explore some of our services

  • ARGUS Marine Fuels

    A fonte mais completa de preços diários de combustíveis marítimos, oferecendo cobertura global com acesso a insights exclusivos do mercado, o serviço é essencial para qualquer pessoa envolvida em transporte marítimo.
  • ARGUS Marine Fuels Outlook

    Serviço trimestral que fornece notícias e insight, dados de oferta e demanda e projeções de preços para o mercado global de combustíveis marítimos.
  • ARGUS Marine Fuels Forward Curves

    Indicadores diários para vários combustíveis marítimos, fornecendo uma ampla visão contínua de 24 meses dos preços futuros mensais.
  • ARGUS Freight

    Este serviço fornece indicadores diários de frete, notícias e análises. É uma fonte essencial de inteligência de mercado para todos os participantes do setor expostos aos custos de transporte marítimo.
  • ARGUS Green Ammonia Strategy Report

    Focused on ammonia as a low or zero-carbon energy carrier

Solicite mais informações

Teremos o prazer de lhe oferecer mais informações sobre nossos serviços pagos. A Argus produz informações e serviços para mercados globais, o que exige o compartilhamento de suas informações pessoais com empresas do grupo Argus e fornecedores de serviços sediados dentro e fora do Espaço Econômico Europeu (European Economic Area, EEA). A Argus Media pode utilizar os dados enviados para encaminhar informações sobre produtos e serviços relacionados ao grupo Argus que possam ser de interesse da sua empresa. Você pode cancelar a inscrição dessas atualizações a qualquer momento. Gerenciamos seus dados pessoais de acordo com a nossapolítica de privacidade.

Required
Insira o seu nome
O comprimento não pode exceder 300 caracteres.
Insira o seu sobrenome
O comprimento não pode exceder 300 caracteres.
Insira o seu e-mail
Insira um endereço válido de e-mail
Titulo do trabalho