Peninsula, the leading independent supplier of marine energy, has completed its first sustainable biofuel delivery to DS NORDEN. The successful STS supply took place on Monday 19th June in Gibraltar.

1. Peninsula Successfully Launches Biofuel Supply Business -
Peninsula360
Peninsula, the leading independent supplier of marine energy, has completed its first sustainable
biofuel delivery to DS NORDEN. The successful STS supply took place on Monday 19th June in
Gibraltar.
Peninsula’s BIO blend (VLSFO B24) was derived from Used Cooking Oil (UCO) and delivered
by the chemical tanker, Hercules Sky, one of the latest vessels to join the Peninsula fleet. The
receiving vessel was NORDEN’s 62,594 dwt bulk carrier, La Luna. The growing demand for
biofuels in the Mediterranean reinforces the company’s decision to add the product to its range
of marine energy solutions.
Peninsula’s biofuels are drop in, low-carbon, options that require little to no retrofitting or
change to receiving vessels. The International Sustainability & Carbon Certification (ISCC)
accreditation facilitates the supply of biofuels from feedstocks that have fully traceable,
sustainable and GHG reducing supply chains. This enables Peninsula to directly support
customers seeking help to lower their carbon emissions.
Peninsula360 is constantly progressing its decarbonisation strategy according to customer needs.
Based on detailed customer interaction, we are confident that biofuels will form a meaningful
emissions reduction solution. Sustainable biofuel therefore forms a core part of Peninsula’s
product strategy.
John Bassadone, Peninsula’s CEO said: “Biofuel adds another lower carbon option to
Peninsula’s diversified product offering and marks a further significant step towards our
collective transition to a zero carbon future.
“As one of the world’s leading shipping companies, the trust that Norden has shown in Peninsula
is validation of the thorough and careful planning we have done to bring biofuels to market.
Norden has a strong sustainability focus and we are delighted to be a key part of their
decarbonisation journey, today and in the future, whilst continuing our own path to net zero.”
Nacho de Miguel, Peninsula’s Head of Sustainability added “Peninsula will focus its Biofuels
supply in key ports where sufficient critical mass exists. The Mediterranean is a key region for
global shipping, and the Gibraltar Strait enjoys an excellent strategic vantage point to capture the
inevitable, imminent increase in Biofuel demand. We are certain that Peninsula will play an
important role in providing Biofuel solutions to our global customer base as, together, we make
progress towards decarbonising shipping.”

2. “At NORDEN, our climate strategy is to decarbonise our customers’ supply chain” says Head of
Decarbonisation & Climate Solutions, Henrik Røjel.
“It’s therefore essential for us to have a growing base of suppliers, which provide sustainable
biofuel to our vessels. We’re glad to have cooperated with Peninsula on their first sustainable
biofuel delivery to NORDEN and look forward to the continued collaboration” he added.
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