Moeve signs largest marine biofuel supply agreement

Moeve has reached a strategic agreement with Grupo Armas Trasmediterránea to supply 2G marine biofuels in the Canary Islands, with approximately 40,000 tons to be delivered through December under a long-term contract.
This deal marks Moeve’s largest biofuel supply to date, and its first in the Canary Islands, reinforcing the company’s leadership in the production and sale of sustainable solutions for maritime transport.
This agreement also marks a major step in advancing decarbonisation in the Canary Islands, a region where Moeve has maintained a nearly century-long presence and remains committed to driving the maritime sector’s energy transition.
Samir Fernández, director of marine fuel solutions at Moeve, stated: “The agreement with Grupo Armas Trasmediterránea opens a major door for us, positioning us as a key player in the decarbonisation of the maritime sector in the Canary Islands. We are determined to continue expanding across Spanish territory, strengthening our leadership in the production and sale of marine biofuels.”
Sergio Vélez, CEO of Armas Trasmediterránea, said that the signing of this agreement marks a new milestone in the company’s roadmap toward more sustainable shipping. “We’re not starting from scratch, we’ve been implementing measures to reduce our environmental footprint for years, from route optimisation to becoming pioneers in the use of biofuels."
"This step forward in biofuel adoption reinforces Armas Trasmediterránea’s commitment to decarbonizing the maritime transport sector and, in particular, protecting the marine environment.
“It’s not only our natural working environment, it’s also a heritage we have the responsibility to preserve,” Vélez added.
As part of this pioneering agreement in the Canary Islands, both companies have visited Autoridades Porturias to reaffirm the value of the agreement in advancing the decarbonisation of the sector. Beatriz Calzada, president of Autoridad Portuaria of Las Palmas, stated that the agreement “aligns perfectly with our strategy to transition toward green fuels. Our goal is to deliver operational excellence and offer a diverse range of services to our clients.”