China to Introduce Bio-Marine Fuel Quotas

18 Nov 2024 CW Team

China is set to introduce its first bio-marine fuel export quotas for 2025, marking a significant step toward sustainable energy solutions in the maritime industry. The move is part of China’s broader strategy to reduce carbon emissions and promote green shipping technologies. According to traders and consultancy sources, these quotas will help regulate the production and export of bio-marine fuels, which are considered a cleaner alternative to traditional marine fuels.

The Chinese government aims to encourage the use of bio-marine fuels in the shipping sector, which is a major contributor to global greenhouse gas emissions. By setting quotas, China hopes to foster growth in the production of bio-based fuels, aligning with its environmental goals and international climate commitments. The bio-marine fuel market is expected to play a crucial role in the country's efforts to transition to more sustainable energy sources, reducing reliance on fossil fuels and mitigating environmental impact.

Experts believe that this initiative will stimulate innovation within the shipping and energy industries, as companies and manufacturers explore new technologies to meet the quotas. This development is also seen as an opportunity for global trade, as China’s push for green fuels may set a precedent for other nations to adopt similar measures in the near future. As the global shipping industry grapples with the challenge of reducing its carbon footprint, China’s move to regulate bio-marine fuel exports could shape the future of eco-friendly shipping solutions worldwide.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..