For Peninsula, the Americas are not just a regional footprint, they are a core growth market. Over the past three decades, we have built a resilient and expanding presence across North, Central, and South America, supporting customers as their operations evolve and scale across the region. This long-standing commitment continues to unlock opportunities for both Peninsula and our customers.

Our strength lies in combining physical supply capability with strong local execution and coordinated regional support. With a physical presence in key hubs such as Panama and Houston, alongside commercial offices in Panama, Houston, and Montevideo, our teams are well positioned to support back-to-back customers and manage bunkering programmes seamlessly across multiple ports and time zones.

This on-the-ground presence is a critical differentiator. It enables faster decision-making, closer alignment with customer needs, and consistent service delivery, all essential in a region characterised by diversity, complexity, and rapid change. Whether operating in established hubs or emerging markets, our customers benefit from the same high standards, operational discipline, and hands-on support.

The Americas continue to present significant opportunities for growth. As trade flows evolve and demand for reliable marine energy solutions increases, the need for dependable, well-coordinated supply partners will only intensify. Peninsula is well positioned to meet this demand, underpinned by our infrastructure, expertise, and long-term commitment to the region.

As we continue to strengthen our footprint, our focus remains clear: to support our customers with confidence, consistency, and capability wherever they operate across the Americas. This commitment will also be reflected at Maritime Week Americas in Panama, where Peninsula will be present as Platinum Sponsor, reinforcing our engagement with customers and partners across the region.

Our presence will be led by Jonas Bentsen, Head of Specialised Products, who will present on Embracing New Fuels, alongside Jeroen de Vos, Global Head of Operations and Vice-Chair of IBIA, who will take part in the Maritime Week Americas Leadership Panel. Together, their participation reflects Peninsula’s active role in shaping the industry’s future while continuing to deliver reliable, forward-looking solutions across the region.

The post The Americas: Strategic Focus appeared first on Peninsula.

While alternative fuels will be central to long-term decarbonisation, efficiency measures can deliver more immediate reductions in fuel consumption and emissions. At Peninsula, ongoing work is focused on assessing a range of opportunities to improve the performance across our diverse fleet.

This includes a structured programme to evaluate potential upgrades and operational improvements, rather than the implementation of a single set of solutions. A key focus is better measurement. Many older vessels lack the sensors required to track fuel consumption accurately, and work is underway with suppliers to improve visibility and data quality.

Alongside this, we are exploring a range of technical and operational approaches. These include hull cleaning to reduce resistance, as well as the potential for oil purification systems, fuel injection improvements and LNG efficiency enhancements to support engine performance. For larger vessels, technologies such as rigid sails are also being assessed.

Voyage optimisation is another area of interest, with ongoing research into weather routing and planning tools aimed at reducing unnecessary vessel movements and waiting times. Depending on vessel type and operating conditions, such measures have the potential to deliver fuel savings in the range of 5–15%.

“There is no single solution when it comes to energy efficiency. Our approach is to assess a range of options and identify where they can make a practical difference across our operations,” said Maria Angeles Lopez, Peninsula’s Decarbonisation Manager.

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The 2026 crossing saw a fleet of RIB boats travel more than 400 nautical miles across the Aegean, enabling medical professionals and volunteers to reach islands including Sikinos, Folegandros, Irakleia, Donoussa, Thimaina, Fournoi, Oinousses and Psara. Over the course of the mission, 784 people were examined and 1,471 medical examinations were carried out across a wide range of medical specialties.

While the numbers reflect the scale of the operation, the mission’s impact extended beyond medical care. By overcoming the logistical challenges of reaching isolated communities, the initiative helped build trust, strengthen local connections and provide meaningful, on‑the‑ground support where access to healthcare can be limited.

By supplying the fuel that kept the mission moving safely and reliably from island to island, Peninsula helped ensure volunteers could focus on delivering care and support where it was most needed.

Supporting initiatives like Symplefsi reflects Peninsula’s commitment to backing projects that rely on logistics, reach and reliability to create tangible social impact.

The post Peninsula supports Symplefsi’s 2026 Aegean Crossing for the second year running appeared first on Peninsula.

Founded in 1996 as a small marine fuel supplier built on integrity and quality service, Peninsula has transformed into one of the industry’s most trusted partners. Today, the company operates 21 commercial offices and supplies marine fuels across more than 500 ports worldwide. Its network of over 50 strategic physical supply ports and storage facilities forms the backbone of Peninsula’s global operations, enabling efficiency, reliability, and scale.

Peninsula’s logistics are further strengthened by vessels owned by and chartered through its sister company, Hercules Tanker Management, ensuring safe, high-quality deliveries whilst offering independent freight solutions to the wider tanker market.

As the maritime industry enters a pivotal era of decarbonisation, Peninsula is leading the transition toward cleaner energy. The company continues to expand its lower carbon offerings, including biofuel infrastructure, LNG and bio-LNG supply and trading, and a growing portfolio of alternative marine energy solutions that help global shipping comply with rapidly evolving regulations.

“Our ambition has always been to do business the right way, with integrity, transparency, and an unwavering commitment to our customers and partners,” said John A. Bassadone, CEO and Founder. “As we celebrate 30 years, we remain focused on delivering reliable energy solutions today while innovating for a zero-carbon future.”

With more than 500 employees representing over 40 nationalities, Peninsula’s diverse and highly skilled team remains central to its success and long-term strategic vision. Their expertise ensures seamless coordination across global markets and supports the company’s reputation for operational excellence, rigorous governance, and safety-first delivery.

“People have always been our greatest asset,” added John. “Their dedication is what has transformed Peninsula from a small supplier in 1996 to a global leader in 2026. This still feels like the beginning of our journey, and as we grow and diversify every year, the opportunities before us are incredibly exciting.”

30 Years of Energy. 30 Years of Progress.

The post Peninsula Celebrates 30 Years as a Global Leader in Marine Energy appeared first on Peninsula.

As reported by S&P Global’s Max Lin, the ongoing conflict in the Middle East has altered bunker fuel economics. Since the war began on 28 February, disruption risks in the Strait of Hormuz have pushed up oil prices, making conventional, oil‑based fuels less competitive against sustainable alternatives such as biofuels. The impact has been most pronounced in middle distillates, with S&P Global Commodities at Sea data showing that approximately 248,600 barrels per day, around 12% of Europe’s middle‑of‑the‑barrel products, originated from the Persian Gulf in 2025.

These pressures are now clearly reflected in market pricing. S&P Global Energy’s CERA estimates, based on Platts assessments and incorporating EU Emissions Trading System compliance costs, show that the price spread between used cooking oil methyl ester‑based B100 and 0.1% sulphur marine gasoil in ARA shifted from an average premium of around USD 495 per metric tonne in February to a discount of approximately USD 22 per metric tonne by 27 March. In principle, this creates a compelling commercial case for biofuels, yet adoption continues to lag the economics.

From Peninsula’s perspective, this gap is increasingly visible in practice. While the company is seeing a notable, price‑led increase in biobunker deliveries in ARA, particularly for B100, biofuels remain significantly underutilised when set against their commercial and regulatory advantages. As highlighted in S&P’s analysis, many shipping companies are currently prioritising the availability and volatility of conventional fuels, with compliance timelines and operational disruption often delaying decisions to switch.

In Peninsula’s experience, this points to a broader challenge: the benefits of biofuels are not always fully understood. Even when bioproducts are priced competitively, and in some cases below conventional fuels, they can be perceived as complex, unfamiliar or administratively burdensome, creating hesitation among end users. This broader discussion increasingly includes bioLNG alongside liquid biofuels, particularly where vessel design and fuel pathways allow, with Peninsula supplying bioLNG via its LNG bunker vessel, Levante LNG.

To help address this, Peninsula continues to frame biofuels through a clear, practical lens; the biofuel trifecta:

• Energy performance: Biofuels offer a competitive calorific value and can be used as drop‑in solutions within existing vessel operations.
• Carbon value: Biofuel use can support voluntary emissions reduction and carbon insetting strategies, with potential benefits depending on an operator’s internal policies and reporting approach.
• Regulatory alignment: Biofuels support mandatory emissions reduction requirements under frameworks such as EU ETS and FuelEU Maritime, helping vessel operators manage current and future regulatory exposure.

Supported by continued investment in sourcing, blending and physical supply, including in key hubs such as ARA and the Med, Peninsula sees biofuels as an established and scalable solution available today. While broader uptake may lag in the short term as operators navigate volatility and compliance processes, the underlying case for biofuels continues to strengthen, with pricing, regulation and infrastructure increasingly aligned.

Read the full article on S&P Global (subscription required).

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The EU ETS operates on a cap‑and‑trade principle. Regulators set a cap on the total amount of greenhouse gases that can be emitted. Within that cap, companies receive or purchase emission allowances, which can then be traded. The financial incentive is clear: reduce emissions or bear the cost.

How the EU ETS applies to shipping

The system has significant reach across maritime operations:

• 100% of emsission from voyages between EU ports are covered
• 50% of emissions from voyages into or out of the EU fall under the scheme
• 100% of emissions at berth within EU ports are included

With enforcement expanding and costs becoming clearer, compliance planning is now a core operational consideration.

Key compliance dates for 2026

There are several important milestones shipping companies must be aware of this year:

• 31 March 2026: submission of verified emissions data for the previous year
• 30 September 2026: surrender of allowances covering 70% of 2025 emissions

These deadlines form part of the phased implementation of the maritime ETS, which is now approaching full application.

Supporting compliance through emissions trading

Managing ETS obligations requires access to the correct accounts and trading mechanisms. Peninsula supports clients by helping them navigate this process, including:

• Supporting the setup of Maritime Operator Holding Accounts (MOHAs)
• Managing trading accounts used to purchase allowances from the market
• Purchasing allowances on behalf of clients for a fixed fee, with subsequent transfer to the client’s account

While accounts cannot be opened on a client’s behalf, Peninsula provides support throughout the process and manages allowance purchases to help simplify compliance.

Looking beyond trading: reducing emissions at source

While emissions trading is a regulatory requirement, long‑term compliance also depends on reducing emissions themselves. Two key strategies are:

• Using cleaner fuels with lower emissions profiles, such as B‑100 biofuels and bio‑LNG
• Improving vessel energy efficiency, reducing overall fuel consumption and emissions intensity

These measures not only reduce ETS exposure but also support wider decarbonisation goals.

Recent regulatory developments

The EU ETS continues to evolve. From 1 January 2026, the system expanded to include methane and nitrous oxide emissions, alongside carbon dioxide. This significantly broadens the scope of regulated greenhouse gases for maritime operators.

2026 also marks the end of the phase‑in period. Companies are now required to cover 100% of verified emissions, compared to 70% in 2025 and 40% the year before.

 “With the EU ETS now fully embedded into maritime operations, compliance is no longer a future consideration but a current operational reality. Understanding the scope, timelines and available options, from emissions trading to fuel and efficiency strategies, is essential for ship operators navigating the years ahead.”
Maria Angeles Lopez, Decarbonisation Manager, Peninsula

Looking ahead, the European Commission is expected to publish a report towards the end of 2026 assessing whether the ETS should be extended to smaller cargo and offshore vessels between 400 and 5,000 gross tonnes. Depending on the findings, this could lead to further legislative proposals in a future revision of the ETS.

The post EU Emissions Trading System: What Ship Operators Need to Know in 2026 appeared first on Peninsula.

During the past months, Peninsula colleagues have taken part in a number of key discussions focused on the future of marine energy, alternative fuels and the operational considerations shaping the transition.

Engaging with Academia and Industry on Decarbonisation 

Peninsula’s Decarbonisation Manager, Maria Angeles Lopez, recently participated in a roundtable hosted by the Instituto Maritimo Español (IME) and Universidad Pontificia Comillas. The session brought together representatives from academia and industry to explore pathways towards lower-carbon shipping.

Discussions covered a range of topics, including the role of hydrogen and biofuels, the challenges of scalability, contractual complexity and the need for operational flexibility. A clear message emerged: there is no single solution to maritime decarbonisation. Progress will require realistic timelines, collaboration across the value chain and a clear understanding of what can be delivered safely and reliably in realworld operations.

Taking part in these conversations allows Peninsula to share practical, market-led insight and to help bridge the gap between ambition and operational delivery.

Industry Perspectives from the Bunkering and Sustainability Forum

Peninsula also took part in the Bunkering and Sustainability Forum, held in the Canary Islands, where our team contributed to two panel discussions on the evolving marine energy landscape. Nacho de Miguel and Jonas Bentsen shared perspectives across separate sessions, addressing topics ranging from energy-efficient port operations to the challenge of aligning sustainable fuel supply with real-world demand.

Across the forum, a consistent theme emerged: adaptability, integration, flexibility, cooperation and clear, stable regulation will be essential to give the market the confidence needed to invest in the energy transition.

Panel discussions explored:

• Energy efficient port operations
• Emerging fuels, including early LNG ship-to-ship activity in the region
• Geopolitical pressures affecting global supply routes
• The supply–demand gap in sustainable fuels
• The strategic importance of developing resilient energy infrastructure

These discussions reinforced the importance of practical solutions that reflect how shipping operates today, while supporting a more resilient and sustainable future.

Supporting the Transition Through Operational Reality

The context of these conversations highlights the relevance of Peninsula’s operational presence in the Canary Islands, a strategically located maritime hub serving vessels transiting major global routes. The region’s round‑the‑clock operations and flexible delivery options support efficient bunkering activity and underline the importance of dependable infrastructure as the energy mix evolves.

Peninsula’s physical supply model, built on dedicated assets, integrated operations and consistent delivery, is designed to support reliable marine fuel supply while the industry navigates a period of significant change.

Continuing the Conversation

From academic roundtables to industry forums, engaging in open and informed dialogue remains an important part of how Peninsula supports the maritime sector. By contributing real‑world insight and listening closely to stakeholders across the industry, we aim to play a constructive role in shaping realistic, credible pathways towards decarbonisation.

We look forward to continuing these conversations and working alongside partners across the maritime value chain as the energy transition progresses.

The post Contributing to the Energy Transition: Peninsula in Industry Dialogue appeared first on Peninsula.

We are proud to be the number one physical bunker supplier on this year’s list.

Achieving an 11.1% increase in volumes in 2025 (20 million mt), alongside a 38% cumulative growth over the past two years, is no small milestone. These results underline the strength of operating under one global brand and the dedication of our teams across all regions.

This performance reflects the trust our customers place in Peninsula and our ongoing commitment to delivering reliability, transparency, and high‑quality marine fuel solutions worldwide.

As the market continues to evolve, Peninsula remains focused on operational consistency, service excellence, and long‑term partnerships across the global shipping community.

Victor Morales, Chief Commercial Officer, commented: “Naturally it’s pleasing to see Peninsula continue to grow volume as we organically expand our global footprint, but the really proud element for me is the ongoing support of customers who repeatedly tell me that we are a market leader in their eyes.

The consistency, reliability and optionality we deliver helps them efficiently plan their fleet operations. It is also notable that we made a successful transition into alternative fuels when others have not. This is due to professional planning and expertise, but it is also thanks to the support of key customers, who we have supported through the transition process.”

The post Peninsula Recognised Once Again in Ship & Bunker’s Top 10 Ranking appeared first on Peninsula.

Additional pressure has emerged after strikes on regional energy infrastructure prompted major producers to halt operations, amplifying concerns around availability of both oil and gas. Insurers have also signalled potential limits to coverage for vessels in affected waters, intensifying the need for operators to plan carefully and secure reliable partners. 

In this environment, global bunker markets are adjusting rapidly. Traditional supply hubs are under strain, arbitrage routes are shifting, and volatility in replacement costs is reshaping the competitive landscape. What remains clear is that the market has entered a period defined by uncertainty, volatility, and elevated risk. 

Amid these challenges, customers are seeking stability—assurance that fuel will be available where and when they need it, supported by partners capable of operating confidently through disruption. 

With strong stock positions across key global locations, extensive liquidity, and end-to-end control of the supply chain—from sourcing and storage to physical delivery—we continue to offer reliability at a time when the market needs it most. Our ability to secure, finance, and move product efficiently, even in periods of extreme volatility, ensures continuity of supply for our customers while maintaining the discipline required to navigate a fastmoving landscape. 

As vessels divert to alternative hubs and demand realigns, Peninsula remains focused on providing safe, dependable, and well managed solutions. Our risk management services help customers protect against further price escalation, while our global operations teams ensure fuel is delivered with the consistency and certainty shipowners need. 

In a market defined by disruption, stability becomes an advantage. Peninsula is committed to helping our customers operate with confidence—today, and through whatever comes next. 

The post Global Market Disruption: Why reliable supply matters more than ever appeared first on Peninsula.

RED III raises the EU’s overall renewable energy ambition, mandating that by 2030, 42.5% of all energy consumed must come from renewable sources. Within the transport sector, at least 14.5% of energy use must derive from renewable fuels, with growing emphasis on those considered most sustainable.

A major component of the directive is its focus on advanced biofuels: fuels produced from waste and residue materials listed in Annex IX Part A, such as manure, sewage sludge, and agricultural residues. A smaller category, Annex IX Part B, covers feedstocks like used cooking oil and certain animal fats, though the use of these varies by country. Beyond biofuels, RED III aims to accelerate the adoption of renewable fuels of non‑biological origin (RFNBOs), including green hydrogen and synthetic e‑fuels produced with renewable electricity. These fuels are expected to become essential for hard‑to‑electrify sectors, especially maritime transport.

Compliance mechanisms are also evolving. Some EU countries have begun using a fuel “ticket” or certification system to monitor renewable fuel usage. Under this approach, each supply of renewable fuel generates a tradable certificate (a ticket), enabling suppliers to demonstrate compliance with national targets. As of January 2026, the Netherlands is the only country formally operating such a system, though wider adoption is anticipated as RED III continues to be integrated across the EU.

Implementation progress differs significantly between Member States. Denmark and the Netherlands have already incorporated RED III requirements into national law, positioning themselves as early leaders. Finland and Sweden are moving steadily toward full compliance. In Germany, RED III transposition is underway, though marine fuel providers are not yet subject to the associated obligations. Meanwhile, Spain is developing its national framework, with Peninsula actively contributing to the consultation process to support clarity and practical alignment for the maritime sector.

To help demystify some of the misconceptions surrounding the directive, we spoke with Miguel Gutierrez, Decarbonisation Analyst at Peninsula. He emphasised the importance of transparent certification and validation:

“There is a lot of misinformation about RED III and the certification process. It’s important to make sure that any certification is traceable and trusted, validation is key. We also need our clients to be aware that Peninsula is completely compliant with RED III, but if any of our clients have any questions about the directive, reach out to our team!”

RED III marks a decisive step forward in Europe’s renewable energy ambitions. As the maritime sector adapts to a more regulated and sustainability‑driven future, understanding the directive, and the evolving landscape around it, is critical. Peninsula will continue to support customers in navigating these changes with informed, certified, and compliant solutions.

The post Understanding RED III: What the EU’s Renewable Energy Directive Means for Maritime Sustainability appeared first on Peninsula.