Fuel for thought – with Lloyd’s Register

Not all biofuels are created equal.

And when it comes to using them, the line between opportunity and obligation is a thin one.

Last week’s sold-out roundtable, sponsored by Lloyd’s Register, brought clarity to one of the most talked about topics in maritime decarbonisation.

Our expert panel explored what it means to work with biofuels in practice, sharing insights including:

🧮 The regulatory value of biofuels shifts significantly across schemes like EU ETS, FuelEU Maritime, and IMO CII, directly influencing their commercial viability – Luke Shu (Lloyd’s Register)

🌱 Feedstock matters – first, second, and third-generation biofuels all come with unique trade, quality, and regulatory implications – Olivier Josse (Cargill)

🧪 Biofuels have been widely used in the maritime industry with no major incidents, but experience and oversight remain essential – Sophia Themelarou (Lloyd’s Register),

🛡️ The best protection to mitigate risk? Purchase from a trusted, reputable supplier – Alberto Pérez Espinosa Pérez (Lloyd’s Register) and Olivier Josse (Cargill)

📄 Calculating the regulatory benefit of biofuels isn’t straightforward, which is why Lloyd’s Register and Cargill have developed best-in-class documentation to help buyers understand the true value of the fuel they procure – Alberto Pérez Espinosa Pérez (Lloyd’s Register)

And the Q&A? No topic was off-limits:

🔥 2030 vs 2050 fuel mix
🌾 Cross-sector competition for bio-feedstocks
⚛️ Nuclear-powered shipping

A huge thank you to everyone who joined us, to Lloyd’s Register for helping drive the conversation on marine biofuels forward, and to our brilliant speakers for sharing their insights.

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