Glander Valencia Office Plays Growing Role in Alternative Bunker Markets

by Admin
Glander Valencia Alvaro Sierra

This informative article by Alvaro Sierra, Sales Manager in the Valencia office sheds light on Glander International Bunkering’s role in the maritime energy transition and provides insights on industry developments.

Sierra outlines Valencia’s proactive diversification into alternative fuels like biofuels and LNG, meeting evolving industry needs. With sustainability in focus, the office leads in EUA facilitation and offers personalized support for sustainable navigation, showcasing Glander International Bunkering’s commitment to driving positive industry change.

Navigating the Marine Energy Transition

The Valencia office of Glander International Bunkering was established in August 2018 as an ideal location from which to oversee marine fuel supply in the Mediterranean and central Europe.

“Our location is key, considering the Gibraltar Strait and its importance as the gateway to the Mediterranean Sea, back and forth with the Atlantic,” said Alvaro Sierra, Sales Manager in the Valencia office.

“We are also very well located to monitor Portugal and Las Palmas, the connection route that links Latin America with Europe, and Africa with Europe.”

Alvaro Sierra first joined the company in May 2019, starting as a Junior Bunker Trader before moving up the ranks in the years since then.

“In the past 5 years, the office has grown and adapted to the changing industry,” Sierra said.

Expanding its horizons, the Valencia office now undertakes a broader remit, facilitating trades in emerging alternative fuels markets and extending its geographical scope beyond Spain.

Glander Valencia office Alternative Fuels

Biofuels in Mediterranean and Europe

“Last year, we already performed two deliveries of biofuels in Algeciras, another one in Northern Europe, in Flushing, and we are also supplying LNG, especially in the North Sea and the Baltic Sea,” Sierra said.

“This office is very well-prepared for the transition; we are talking to and advising our customers in that direction.”

The Valencia operation has a bird’s-eye view of biofuel bunker supply and demand across the Mediterranean and is starting to see the market in this region emerge more prominently.

“Currently, biofuel demand is found here in Spain and Gibraltar,” Sierra said.

“Malta is not quite ready yet, and Italy has not reached the levels we are seeing in Spain.”

Given recent events in the Red Sea, Sierra observes slightly decreased demand in the East Med and expects to see more biofuels in Las Palmas.

Sierra said, “Last year, when customers were lifting biofuel as bunkers, they were doing it to improve their CII or to make some trials for the engines.”

This year, the shipping companies must improve the performance of their vessels in regard to CO2 emissions and will turn to biofuels with the FuelEU Maritime regulation.

The FuelEU Maritime regulation comes into force at the start of next year, 2025, setting progressively stricter requirements for the quantity of green fuels that shipping companies in Europe must consume each year.

LNG in Mediterranean and Europe

The LNG bunker market in the Mediterranean is emerging less rapidly than biofuels, but there are some signs of growth.

“It has good potential, although the demand is not that high yet,” Sierra said. He continued to explain the reason being LNG-burning vessels are limited in that region.

“Most of the LNG demand comes from shipowners from the Nordic countries, the Baltic Sea, Germany. In Spain, we have one shipowner whose fleet is burning LNG from the start.”

Glander Valencia office Alternative Fuels 2
European Union Allowances (EUAs): Charting the Path to Compliance

Another part of the energy transition for shipping is the need to buy European Union Allowances to cover compliance with the emissions trading system, and the Valencia office is developing a role in this market as well.

“Our New Fuels Advisors are positioned all around the world, including Spain, who are training our employees and supporting our clients with EUA purchases,” Sierra said.

“Shipowners and charterers will compensate for their CO2 emissions by submitting these carbon certificates. We are already able to offer carbon certificates together with our offers for bunkers.”

For further information and personalized support, click here to schedule a meeting with a New Fuels Advisor.

About Glander International Bunkering

Initially established in 1961, Glander International Bunkering is one of the largest and most respected bunker trading and brokering firms in the world. Serving over a thousand international ship owners in all major ports, the company is known for its integrity, professionalism and enduring business relationships. Stemming from one of the oldest shipping companies in the world, Glander International Bunkering is an expert in assisting clients with purchasing the highest quality products in a cost-effective manner. Serving you 24 hours a day, 7 days a week, through a global network of offices and associates, Glander International Bunkering is your partner in success.

Source Glander International Bunkering