Report: Surging shipping demand points to looming biofuel supply crunch

The maritime transportation industry’s ambition of net-zero carbon emissions has ballooned demand for biofuels. However, the capacity to produce these sustainable fuels is not keeping pace, with “unconstrained” biodiesel demand exceeding total supply. According to Norway’s energy research and business intelligence company Rystad Energy, biofuels, which are compatible with existing ship engines and can, therefore, … Continue reading Report: Surging shipping demand points to looming biofuel supply crunch