🌱 Riverlake Biofuel: the report

Mediterranean Market: Slow Start to the Year

The Mediterranean small chemical tanker market remains subdued, with vessel availability still outstripping demand. Sporadic cargo movements continue, as evidenced by activity earlier this week, where a few lots of FAME and ethanol were shipped at stable freight rates. Shipowners remain cautiously optimistic for a rebound as the year progresses.

Northwest Europe: Slightly More Activity

Northwest Europe shows a slight uptick in movements, though freight rates remain stable compared to the end of 2024. Activity levels still offer little relief to shipowners in this segment.

Biofuels Reflect the Energy Transition

Globally, biofuels highlight ongoing decarbonization efforts. This week, milestones include Korea’s first export of sustainable aviation fuel (SAF) to Europe and the UAE’s launch of a National Biofuels Policy to align with their Energy Strategy 2050. These trends reinforce the growing importance of biofuels in shaping the global energy transition.

🌱  This is the Riverlake Biofuel Report – Week 02 / 2025 (extract). If you’d like more details or receive our reports, feel free to contact us!