China supports the use of biodiesel in marine fuel; the market awaits implementation

China's Ministry of Commerce expressed support for blending domestically produced biodiesel with marine fuel within China's comprehensive customs zones as part of an announcement aimed at expanding "green" trade. However, on November 3, bio-bunker market participants stated that the implementation of this policy would require additional time. According to the announcement on October 30, China intends to expand support for blending domestically produced biodiesel fuel and marine fuel within comprehensive customs zones. Additionally, the country encourages qualified regions to provide bunkering services, including liquefied natural gas, biodiesel fuel, green alcohol, and ammonia, for international vessels. The announcement does not specify the timeline for implementing the policy on blending marine biodiesel fuel. "This document is just a general plan, lacking specific details for implementation," said a Chinese bio-bunker trader. According to the trader, the actual implementation ...