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ClimateQuiet 4d · day 4

Biodiesel undercuts conventional shipping fuel for first time

Price collapse driven by emissions targets and Middle East oil tensions makes greener alternative cost-competitive.

newest coverage 3d agosummary written 3d ago4 pieces13 likes & upvotes1 comments NewswiresXGoogle NewsMastodon

What to know

  • Biodiesel has fallen to an all-time low and is now cheaper than conventional marine fuels for the first time.
  • The price collapse is driven by supply racing to meet emissions targets and geopolitical oil pressures from Middle East tensions.
  • Cost parity could accelerate the shipping industry's transition to sustainable fuels.

Shipping industry Adopter of alternative fuels

Biodiesel undercuts conventional shipping fuel for first time
x.com

How it unfolded 1 development · click the chart to see its coverage articlesposts

Peak 2 pieces in one hour at Sep 19, 11 PM; 4 pieces over 4 days (2 articles · 2 posts) Sep 19, 11 PM — 2 pieces · 2 articles — Google News 1, Newswires 1Sep 20, 12 AM — quietSep 20, 1 AM — quietSep 20, 2 AM — quietSep 20, 3 AM — quietSep 20, 4 AM — quietSep 20, 5 AM — quietSep 20, 6 AM — quietSep 20, 7 AM — 1 piece · 1 post — X 1Sep 20, 8 AM — quietSep 20, 9 AM — quietSep 20, 10 AM — quietSep 20, 11 AM — quietSep 20, 12 PM — 1 piece · 1 post — Mastodon 1Sep 20, 1 PM — quietSep 20, 2 PM — quietSep 20, 3 PM — quietSep 20, 4 PM — quietSep 20, 5 PM — quietSep 20, 6 PM — quietSep 20, 7 PM — quietSep 20, 8 PM — quietSep 20, 9 PM — quietSep 20, 10 PM — quietSep 20, 11 PM — quietSep 21, 12 AM — quietSep 21, 1 AM — quietSep 21, 2 AM — quietSep 21, 3 AM — quietSep 21, 4 AM — quietSep 21, 5 AM — quietSep 21, 6 AM — quietSep 21, 7 AM — quietSep 21, 8 AM — quietSep 21, 9 AM — quietSep 21, 10 AM — quietSep 21, 11 AM — quietSep 21, 12 PM — quietSep 21, 1 PM — quietSep 21, 2 PM — quietSep 21, 3 PM — quietSep 21, 4 PM — quietSep 21, 5 PM — quietSep 21, 6 PM — quietSep 21, 7 PM — quietSep 21, 8 PM — quietSep 21, 9 PM — quietSep 21, 10 PM — quietSep 21, 11 PM — quietSep 22, 12 AM — quietSep 22, 1 AM — quietSep 22, 2 AM — quietSep 22, 3 AM — quietSep 22, 4 AM — quietSep 22, 5 AM — quietSep 22, 6 AM — quietSep 22, 7 AM — quietSep 22, 8 AM — quietSep 22, 9 AM — quietSep 22, 10 AM — quietSep 22, 11 AM — quietSep 22, 12 PM — quietSep 22, 1 PM — quietSep 22, 2 PM — quietSep 22, 3 PM — quietSep 22, 4 PM — quietSep 22, 5 PM — quietSep 22, 6 PM — quietSep 22, 7 PM — quietSep 22, 8 PM — quietSep 22, 9 PM — quietSep 22, 10 PM — quietSep 22, 11 PM — quietYesterday, 12 AM — quietYesterday, 1 AM — quietYesterday, 2 AM — quietYesterday, 3 AM — quietYesterday, 4 AM — quietYesterday, 5 AM — quietYesterday, 6 AM — quietYesterday, 7 AM — quietYesterday, 8 AM — quietYesterday, 9 AM — quietYesterday, 10 AM — quietYesterday, 11 AM — quietYesterday, 12 PM — quietYesterday, 1 PM — quietYesterday, 2 PM — quietYesterday, 3 PM — quietYesterday, 4 PM — quietYesterday, 5 PM — quietYesterday, 6 PM — quietYesterday, 7 PM — quietYesterday, 8 PM — quietYesterday, 9 PM — quietYesterday, 10 PM — quietYesterday, 11 PM — quiet 1
Sep 20Sep 21Sep 22yesterdaynow · 12:58 AM ET
  1. 1

    Biodiesel prices fall below conventional marine fuel costs

    Biodiesel for shipping has reached an all-time low and is now cheaper than most conventional marine fuels. The price collapse is attributed to supplies racing to hit emissions targets and conflict in the Middle East driving up diesel costs.

    “Supplies racing to hit emissions targets push cost to record low, in move that could accelerate industry's shift to greener fuels…”
    — Financial Times · source
    1. 2 outlets Biodiesel for shipping now cheaper than conventional fuels after price fall

      first by ft.com, 4d ago · also FT

    • mf_analysis@mastodon.mediafaro.org

      Biodiesel for shipping is now cheaper than conventional fuels after a price fall. The price of biodiesel for shipping has fallen to an all-time low this week and is cheaper than most conventional marine fuels, as the conflict in the Middle East drives up diesel costs. The race to hit emissions targets push biodiesel cost to a record low, in a move…

      mf_analysis@mastodon.mediafaro.orgMastodon3d ago1▲view on Mastodon ↗