China backs biodiesel blending in marine fuel

China’s Ministry of Commerce has expressed support for the blending of domestically produced biodiesel with marine fuel oil within Chinese comprehensive bonded zones, as part of an announcement aimed at expanding green trade. However, biobunker market participants said Nov. 3 that the implementation of this policy will require additional time. According to an Oct. 30 announcement, China aims to extend support for the blending of domestically produced biodiesel and marine fuel oil within comprehensive bonded zones. Additionally, the country has encouraged qualified regions to provide bonded bunkering services — including liquefied natural gas, biodiesel, green alcohol and green ammonia — for international vessels. The announcement did not specify a timeline for implementing the marine biodiesel blending policy. “That document is simply a general outline, lacking specific implementation details,” a Chinese biobunker trader said. Actual implementation of biodiesel and marine fuel oil ...