Singapore’s marine biofuel demand may double by 2025

“Looking ahead to 2025, we foresee a potential surge in biofuel (bunker) demand in Singapore,” Louise Tricoire, vice-president at TotalEnergies Marine Fuels said. —Reuters.

SINGAPORE: Marine biofuel demand at the world’s largest bunker hub in Singapore could potentially double by 2025 to almost one million tonnes from 2023 levels as shippers seek to cut emissions, a senior TotalEnergies executive says.

More shipping companies have been conducting refuelling trials using marine biofuel as an alternative to conventional fuel oil to reduce carbon emissions.