Peninsula provides 1st delivery of B24 marine biofuel to Norden in Gibraltar

Photo: Peninsula

Independent marine-energy supplier Peninsula announced July 10 that it has completed its first sustainable biofuel delivery to D/S Norden.

The successful ship-to-ship supply took place June 19 in Gibraltar.

Peninsula’s B24 marine biofuel blend was derived from used cooking oil (UCO) and delivered by the chemical tanker Hercules Sky, one of the latest vessels to join the Peninsula fleet.

The receiving vessel was Norden’s 62,594 deadweight tonnage bulk carrier La Luna.

The growing demand for biofuels in the Mediterranean reinforces the company’s decision to add the product to its range of marine-energy solutions.

Peninsula’s biofuels are drop-in, low-carbon options that require little to no retrofitting or change to receiving vessels, the company stated.

The International Sustainability & Carbon Certification accreditation facilitates the supply of biofuels from feedstocks that have fully traceable, sustainable supply chains that reduce greenhouse gases.

This enables Peninsula to directly support customers seeking help to lower their carbon emissions.

Peninsula said it is constantly progressing its decarbonization strategy according to customer needs.

Based on detailed customer interaction, the company stated it is confident that biofuels will form a meaningful emissions-reduction solution.

Sustainable biofuel therefore forms a core part of Peninsula’s product strategy.

“Biofuel adds another lower-carbon option to Peninsula’s diversified product offering and marks a further significant step towards our collective transition to a zero-carbon future,” said CEO John Bassadone. “As one of the world’s leading shipping companies, the trust that Norden has shown in Peninsula is validation of the thorough and careful planning we have done to bring biofuels to market. Norden has a strong sustainability focus, and we are delighted to be a key part of their decarbonization journey, today and in the future, whilst continuing our own path to net zero.”

Nacho de Miguel, Peninsula’s head of sustainability, added, “Peninsula will focus its biofuels supply in key ports where sufficient critical mass exists. The Mediterranean is a key region for global shipping, and the Gibraltar Strait enjoys an excellent strategic vantage point to capture the inevitable, imminent increase in biofuel demand. We are certain that Peninsula will play an important role in providing biofuel solutions to our global customer base as, together, we make progress towards decarbonizing shipping.”

Henrik Røjel, Norden’s head of decarbonization and climate solutions, said, “At Norden, our climate strategy is to decarbonize our customers’ supply chain. It’s therefore essential for us to have a growing base of suppliers, which provide sustainable biofuel to our vessels. We’re glad to have cooperated with Peninsula on their first sustainable biofuel delivery to Norden and look forward to the continued collaboration.”