World News
Bunker Supplier Trefoil Trading Launches Carbon Offset Service
Wednesday July 21, 2021
Marine fuel supplier Trefoil Trading has launched a service offering carbon offsets to its customers.
Trefoil's bunkering customers will be able to buy carbon offsets to cover the well-to-wake emissions from their fuel choice, the company said in a LinkedIn post on Wednesday. Buyers will be able to cover from 10% to 100% of their emissions.
"The CO2 offsetting certificates will be verified via Gold Standard VERs (Verified Emission Reductions)," the company said in the statement.
"Trefoil Trading BV has selected the Gold Standard Program, being one of the leading and most rigorous voluntary emission reduction programs."
The company is preparing to offer biofuels as well as conventional bunkers, it said earlier this year.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 649.50 | 2.00 | 778.50 | 8.50 |
| Rotterdam | 602.00 | 0.50 | 748.00 | 6.00 |
| Houston | 624.00 | 5.00 | 792.00 | 3.50 |
| Fujairah | 649.50 | 2.00 | 898.00 | 3.00 |
| Global 20 Ports Average | 662.00 | 2.00 | 855.00 | 1.50 |
| Global 4 Ports Average | 631.00 | 1.00 | 804.00 | 0.50 |
| Global Average Bunker Price | 717.50 | 0.50 | 913.50 | 1.00 |
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