{
  "id": 507575,
  "title": "Building confidence in sustainable fuel supply chains",
  "url": "https://urgent.news/2026/08/10/building-confidence-in-sustainable-fuel-supply-chains",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-10T21:00:47.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/building-confidence-in-sustainable-fuel-supply-chains/"
  },
  "original_language": "en",
  "account": "As the maritime industry shifts towards cleaner energy sources, the importance of sustainable fuel supply chains has become a top priority. This change demands more than just offering alternative fuels; it requires verification of their origins, handling during transit, and the emissions savings they provide. One key tool in this process is ISCC certification.\n\nThe International Sustainability & Carbon Certification (ISCC) EU system is a globally recognized framework that confirms compliance with sustainability criteria and greenhouse gas emission reductions. It is widely used in renewable fuel markets and supports regulations like the Renewable Energy Directive (RED III). This certification offers independent verification that products meet recognized sustainability standards, giving customers, regulators, and stakeholders confidence in the sustainability claims of the fuel.\n\nA cornerstone of the ISCC certification is traceability. As the demand for sustainable fuels rises, customers need to know the exact origin and journey of these products through the supply chain. ISCC certification ensures that each stage of this process can be verified through a robust chain of custody, from the original feedstock to the final delivery. Key mechanisms like Mass Balance accounting and Proof of Sustainability documentation support this process, ensuring that certified products are not sold in excess of the certified stock, and recording critical information such as product origin, loading, and delivery.\n\nThis traceability provides additional confidence and accountability, as independently audited controls are put in place. Irene Gonzalez, Peninsula Biofuel Desk Coordinator, emphasizes that certification is about more than just compliance; it is about transparency. \"Certification is not only about compliance; it is about transparency. By providing a verifiable chain of custody throughout the supply chain, it helps give customers confidence in the sustainability credentials of the fuels they use.\"\n\nThe benefits of ISCC certification extend to customers, who increasingly need to demonstrate independently verified emissions reductions and product provenance as sustainability reporting becomes more stringent. For Peninsula, maintaining ISCC-certified operations is crucial. It enables the company to provide customers with the necessary traceability and documentation to meet sustainability goals and ensures full transparency across the supply chain.\n\nPeninsula's strategy for certification involves building a network of ISCC-certified entities that can serve customers across major global markets. By focusing on entities rather than specific locations, Peninsula can offer flexibility in supplying certified products through various ports and supply arrangements. Recently, Peninsula obtained ISCC EU certification for its Panama operations, enhancing its certified supply capabilities in the Americas. This expansion complements existing certified operations in Peninsula Petroleum Limited, Peninsula Petroleum Netherlands, and Peninsula Petroleum Far East, creating a consistent approach to sustainability, traceability, and compliance across the company's global network.\n\nWith a certified infrastructure and resources in place across multiple regions, Peninsula is well-positioned to support customers needing compliant, fully traceable lower-carbon fuel solutions. As the market for biofuels and other lower-carbon marine fuels grows, certification will continue to be essential in creating confidence that sustainability claims are credible, independently verified, and aligned with international standards. Peninsula is committed to developing scalable supply chains that adapt to evolving market and regulatory requirements, ensuring customers have practical and credible pathways toward lower-carbon marine energy solutions.",
  "summary": "As the maritime industry continues its transition towards lower-carbon energy solutions, confidence in the sustainability credentials of marine fuels has become increasingly important. For suppliers and customers alike, this requires more than simply making alternative fuels available. It also depends on the ability to verify where those fuels come from, how they have been handled ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}