{
  "id": 7525225,
  "title": "Marine biofuels deployable near term, but feedstock availability constrains growth",
  "url": "https://urgent.news/2026/09/15/marine-biofuels-deployable-near-term-but-feedstock-availability",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-15T10:00:59.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/marine-biofuels-deployable-near-term-but-feedstock-availability-constrains-growth/"
  },
  "original_language": "en",
  "account": "Marine biofuels are set to be a deployable near-term decarbonization option for the shipping sector, according to industry participants at APPEC 2026 in Singapore. Nathanael Lin, a shipping and international trade partner at Rajah & Tann Singapore, stated that biofuels are the \"lowest hanging fruit\" among lower-carbon marine fuels due to their ease of blending and incorporation into existing engines. Singapore's storage infrastructure and financiers are well-positioned to support this growth. However, tightening feedstock availability is constraining the industry's growth as demand scales. Biobunker sales in Singapore, a major bunkering hub, dropped to 39,000 metric tons in July 2026, representing less than 1% of the total bunker sales that month, compared to 135,000 metric tons in the same month a year prior. Total biobunker sales for the first seven months of 2026 stood at 457,000 metric tons, down from 907,900 metric tons in the same period the previous year. Despite this, some shipowners, like NYK Line, have expanded their use of biodiesel following successful trials, with consumption increasing more than 40 times in 2023 levels. The availability and aggregation of sustainable feedstocks are becoming increasingly crucial as adoption grows. Chris Chatterton, maritime director at the Global Center for Green Fuels, emphasized that while B24 and B30 biofuels are scalable, the industry must broaden the pool of feedstocks to support further growth. Feedstock constraints are also emerging as a hurdle to financing new biofuel projects, with Karthik Sathiavageeswaran, executive director for energy, renewables, and infrastructure at DBS Bank, highlighting this as a key consideration in securing financing and moving projects toward commercial scale.",
  "summary": "Marine biofuels are emerging as a readily deployable near-term decarbonization option for the shipping sector, although tightening feedstock availability constrains growth as demand scales, industry participants told Platts at APPEC 2026 in Singapore. Biofuels are the “lowest hanging fruit” among lower-carbon marine fuels because they are relatively easy to blend and incorporate into existing…",
  "key_points": [
    "Marine biofuels are deployable near-term decarbonization option.",
    "Feedstock availability constraining growth as demand scales.",
    "NYK Line increased biodiesel use more than 40 times in 2023 levels."
  ],
  "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."
}