Spanish energy company Moeve has reached a strategic agreement with Grupo Armas Trasmediterránea to supply second-generation (2G) marine biofuels in the Canary Islands, with approximately 40,000t to be delivered through December 2025 under a long-term contract, with the potential for extension into 2026.
This deal marks Moeve’s largest biofuel supply to date, and its first in the Canary Islands, reinforcing the company’s market position in production and sale of sustainable solutions for maritime transport. The 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, Moeve, said: “The agreement with Grupo Armas Trasmediterránea opens a major door for us, positioning us as a key player in the decarbonization 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 Armas Trasmediterránea, said: “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.”
As part of this 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, Autoridad Portuaria of Las Palmas, said: “[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, 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.”
Moeve produces these 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. 2G 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. Additionally, they can be used immediately with existing infrastructure and engines, without the need for modifications or major investments, facilitating the sector’s rapid decarbonisation.
Moeve claims 90 years of experience in supplying maritime transport, with operations in over 60 Spanish ports. The latest progress is part of Moeve’s 2030 Positive Motion strategy, through which the company seeks to lead sustainable mobility and promote the decarbonisation of heavy transport via the production of green fuels. Moeve aims to achieve a production capacity of 2.5m t/yr.
Image: Moeve has concluded its largest biofuel contract with Armas Trasmediterránea (credit: Armas Trasmediterránea)
