Biofuels Took Up 0.1% of Bunker Holding’s Sales in 2023/24
Global marine fuels group Bunker Holding saw biofuels take up 0.1% of its total sales volumes in the last year.
Very low-carbon fuels — of which thus far Bunker Holding has only sold biofuels — took up 0.1% of the energy content of the company’s sales in the 2023/24 financial year, Bunker Holding said in its most recent ESG report.
The figure was up from 0% the previous year. Bunker Holding has a target of these fuels taking up 5% of its sales by energy content by 2030.
“The share of our very low-carbon fuels has reached 0.1% of our product portfolio, measured in MJ,” the company said in the report.
“Although these volumes and percentages remain modest compared to conventional fuels, it is a step forward in our journey.”
Rotterdam has seen about 83,000 mt/month of biofuel blend sales this year, while Singapore has seen about 48,000 mt/month.
