Spanish energy company, Moeve, formerly known as Cepsa, is to supply 40,000 tonnes of second generation (G2) marine biofuels to Spanish ferry company, Armas Trasmediterránea through December 2025 with an option to continue into next year.
The biofules will be supplied at Santa Cruz de Tenerife and at Las Palmas (Gran Canaria), which will mark the energy company’s first delivery of renewable fuels in the Canary Islands
Both companies are reinforcing their longstanding commitment to the Canary Islands, where they have been present for nearly a century, by leading the de-carbonisation of the maritime sector in the region, Moeve said.
This deal marks Moeve’s largest biofuel supply to date, and its first in the Canary Islands and also marks a major step in advancing de-carbonisation in the Canary Islands.
“The agreement with Grupo Armas Trasmediterránea opens a major door for us, positioning us as a key player in the de-carbonisation 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,”
Samir Fernández – Moeve’s Director of Marine Fuel Solutions said.
Sergio Vélez, Armas Trasmediterránea CEO, added 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.
“It’s not only our natural working environment, it’s also a heritage we have the responsibility to preserve,” Vélez said.
As part of the agreement, both companies visited Autoridades Porturias. Beatriz Calzada, President of Autoridad Portuaria of Las Palmas, said 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.”
Pedro Suárez, President of Autoridad Portuaria of Santa Cruz de Tenerife, added, “We’ve spent years proactively positioning ourselves in the energy transition, with a strong commitment to sustainability.
“This first fuel supply marks a key milestone toward enabling more sustainable port calls and a more competitive port overall,” he said.
Moeve produces biofuels at its San Roque Energy Park (Cádiz) and La Rábida Energy Park in Huelva, and already supplies Spain’s main ports, including Algeciras, Barcelona, Ceuta, and Huelva.
Second generation renewable biofuels can reduce CO2 emissions by up to 90% throughout their life cycle, compared to traditional fuels, accelerating the energy transition and enabling sustainable mobility in hard-to-electrify sectors such as maritime transport.
In addition, they can be used immediately with existing infrastructure and engines, without the need for modifications or major investments, facilitating the sector’s rapid de-carbonisation.
Moeve has 90 years of experience in supplying maritime transport, with operations in over 60 Spanish ports, with a full presence across the value chain, optimising processes, and offering the most competitive products possible.
This progress is part of Moeve’s 2030 ’Positive Motion’ strategy, through which the company seeks to lead sustainable mobility and promote the de-carbonisation of heavy transport (air, sea, and land) via the production of green molecules.
Moeve said that it aimed to become the leading producer of biofuels in Spain and Portugal by 2030, with a production capacity of 2.5 mill tonnes per year.
