BlackCoral Energy, Biofuel Express form joint venture to supply marine biofuels

Photo: Biofuel Express

BlackCoral Energy, an established bunker supplier and trader, and Biofuel Express, a specialist in renewable fuels for land transport, announced June 2 a new joint venture aimed at delivering physical biofuel supplies to the maritime industry.

The collaboration will initially focus on ports in Denmark, southern Norway, southern Sweden, northern Germany, and other select locations in Europe.

This strategic partnership combines BlackCoral Energy’s foothold and network in the marine fuel and bunkering sector with Biofuel Express’ expertise in high-performance renewable fuels such as 100 percent renewable diesel (HVO100) and 100 percent rapeseed-based biodiesel.

By merging strengths, the two companies aim to offer reliable, compliant and future-ready fuel solutions for vessel operators navigating the shift toward sustainability.

“This joint venture strengthens both our businesses and, more importantly, brings added value to our customers,” said Christoph Riecken, a managing partner at BlackCoral Energy.

“Our marine-industry knowledge, paired with Biofuel Express’ biofuel capabilities, creates a powerful offering for ship owners preparing for 2025 FuelEU maritime requirements,” Riecken added.

The initial biofuel deliveries of HVO100 and B100 will be supplied via truck, with barge deliveries and blended marine fuels (marine gasoil and very-low sulfur fuel oil blends) set to follow in the near future.

These fuels offer substantial greenhouse-gas (GHG) reductions, with typical CO2 savings of up to 90 percent for HVO100 and 70 percent for B100 compared to standard marine gasoil, according to Biofuel Express.

Each delivery includes proof of sustainability (POS) to support FuelEU maritime reporting.

Furthermore, the joint venture offers added services such as GHG emission-factor tracking per ship or fleet, allowing operators to monitor progress and make informed bunkering decisions throughout the year.

“Thanks to continuous GHG monitoring and advisory services, we help customers plan which fuels to use, in which ports and at what time—ensuring compliance with the 89.3368 gCO2e/MJ limit in 2025 while keeping costs under control,” said Clemen Rasmussen, a partner and board member at Biofuel Express.

“This joint venture is a timely and strategic move to meet growing demand for drop-in biofuels that are compatible with existing marine engines and infrastructure, offering a seamless transition to greener operations without sacrificing performance or reliability,” Biofuel Express stated.