Chinese suppliers are looking to develop the B24 market as demand from international shipowners seeking to reduce greenhouse gas emissions (GHG) rises. China is well positioned to meet this growing demand with ready availability of Ucome and VLSFO but challenges remain.
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Argus has launched the first marine biodiesel spot price for China, B24 dob Guangzhou which is a blend of 24% used cooking oil methyl ester (Ucome) and 0.5% sulphur fuel oil (VLSFO). This is the second marine biodiesel price for Asia, joining B24 dob Singapore that was first published in January 2023.
Business Development Manager – Marine Fuels
London
Catherine is responsible for coordinating business development strategy for Argus’ marine fuels product suite. In this capacity, Catherine engages with market participants to showcase the benefits of using Argus conventional and alternative marine fuel spot prices to facilitate decision making and risk management. Catherine holds an MSc in Petroleum Geoscience from the University of Aberdeen and a BA in Natural Sciences from Trinity College Dublin.
Senior Editorial Analyst
China
Kevin Xin is the Editor of the Argus Chinese Products report, covering daily marine fuels bunker price assessments for five Chinese ports. Kevin has extensive knowledge of the petrochemical industry in China, with over 12 years of industry experience. Kevin graduated from the University of Bristol with a bachelor's degree in polymer materials. Prior to joining Argus, Kevin worked for Oilchem, a local petrochemical consulting company in China.
Editor, Marine Fuels
Singapore
Mahua has worked with Argus since 2013 and is the Asia Pacific editor for marine fuels. She was leading the bitumen desk for the Asia-Pacific and the Middle East markets from Oct 2020 to May 2023. Prior to this, she also co-led the Asian petrochemicals desk within Argus, covering aromatics, methanol, polymers and olefins. She has more than 20 years’ experience working as a journalist and editor with various publications in Singapore and India.