<p data-path-to-node="4" id="p-rc_340c69644c19e67a-117" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><b data-path-to-node="4" data-index-in-node="0" class="" style="line-height: 1.15 !important;">SANTOS</b><span class="citation-770 citation-end-770" style="line-height: 1.15 !important;"> — In a major step toward commercializing low-carbon marine fuels across Latin America, global marine fuel supplier Bunker One, leading renewable energy and agribusiness trader Copersucar, French container shipping giant CMA CGM, and the Santos Port Authority (Autoridade Portuária de Santos – APS) have established a framework to initiate regular bioethanol marine bunkering operations at the Port of Santos.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2563806301="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c2563806301="" class="superscript" data-turn-source-index="1" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c117407407="" style="line-height: 1.15 !important;"> <!----><source-inline-chip _ngcontent-ng-c117407407="" _nghost-ng-c230154732="" class="ng-star-inserted" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p><p data-path-to-node="5" id="p-rc_340c69644c19e67a-118" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span class="citation-769 citation-end-769" style="line-height: 1.15 !important;">The announcement formalizes an integrated, multi-stakeholder green bunkering corridor at Latin America’s busiest container gateway, transitioning bioethanol from trial status into a recurring, commercial marine fuel alternative.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2563806301="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c2563806301="" class="superscript" data-turn-source-index="2" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c117407407="" style="line-height: 1.15 !important;"> <!----><source-inline-chip _ngcontent-ng-c117407407="" _nghost-ng-c230154732="" class="ng-star-inserted" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p><h4 data-path-to-node="6" style="font-family: &quot;Google Sans&quot;, sans-serif !important; line-height: 1.15 !important;"><b>From Milestone Trial to Regular Operations</b></h4><p data-path-to-node="7" id="p-rc_340c69644c19e67a-119" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span class="citation-768" style="line-height: 1.15 !important;">The regular service follows the successful pioneer bunkering operation conducted on the 13,000-TEU deep-sea containership </span><i data-path-to-node="7" data-index-in-node="122" class="" style="line-height: 1.15 !important;">CMA CGM Iron</i><span class="citation-768 citation-end-768" style="line-height: 1.15 !important;">.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2563806301="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c2563806301="" class="superscript" data-turn-source-index="3" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><span class="" style="line-height: 1.15 !important;"> </span><span class="citation-767" style="line-height: 1.15 !important;">During that milestone transfer, the vessel took on 500,000 liters of Brazilian anhydrous bioethanol via ship-to-ship delivery using Bunker One’s specialized bunker barge </span><i data-path-to-node="7" data-index-in-node="306" class="" style="line-height: 1.15 !important;">Dona Isa</i><span class="citation-767 citation-end-767" style="line-height: 1.15 !important;"> before sailing on its intercontinental route toward Asia.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2563806301="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c2563806301="" class="superscript" data-turn-source-index="4" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c117407407="" style="line-height: 1.15 !important;"> <!----><source-inline-chip _ngcontent-ng-c117407407="" _nghost-ng-c230154732="" class="ng-star-inserted" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p><p data-path-to-node="8" id="p-rc_340c69644c19e67a-120" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span class="citation-766" style="line-height: 1.15 !important;">The </span><i data-path-to-node="8" data-index-in-node="4" class="" style="line-height: 1.15 !important;">CMA CGM Iron</i><span class="citation-766 citation-end-766" style="line-height: 1.15 !important;"> is fitted with advanced propulsion systems certified to operate seamlessly on ethanol, methanol, and conventional low-sulfur marine fuels.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2563806301="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c2563806301="" class="superscript" data-turn-source-index="5" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><span style="line-height: 1.15 !important;"> </span><span class="citation-765 citation-end-765" style="line-height: 1.15 !important;">Building on that technical success, the participating partners, along with storage operator AGEO Terminais and terminal operator Santos Brasil, have aligned protocols to schedule recurring bioethanol refuelings for CMA CGM’s dual- and tri-fuel fleet calling at Santos through the remainder of the year and into 2027.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2563806301="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c2563806301="" class="superscript" data-turn-source-index="6" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c117407407="" style="line-height: 1.15 !important;"> <!----><source-inline-chip _ngcontent-ng-c117407407="" _nghost-ng-c230154732="" class="ng-star-inserted" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p><h4 data-path-to-node="9" style="font-family: &quot;Google Sans&quot;, sans-serif !important; line-height: 1.15 !important;"><b>Seamless Supply Chain and Low-Flashpoint Protocols</b></h4><p data-path-to-node="10" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span style="line-height: 1.15 !important;">Deploying bioethanol at commercial scale requires an end-to-end logistics chain capable of managing low-flashpoint alternative fuels in compliance with stringent safety and maritime environmental codes:</span></p><ul data-path-to-node="11" style="padding-inline-start: 32px; font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><li style="line-height: 1.15 !important;"><p data-path-to-node="11,0,0" id="p-rc_340c69644c19e67a-121" style="line-height: 1.15 !important;"><b data-path-to-node="11,0,0" data-index-in-node="0" style="line-height: 1.15 !important;">Certified Production:</b><span style="line-height: 1.15 !important;"> </span><span class="citation-764 citation-end-764" style="line-height: 1.15 !important;">Copersucar supplies certified anhydrous bioethanol produced from domestic sugarcane under Brazil’s RenovaBio regulatory framework, ensuring zero-deforestation compliance and traceability.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2563806301="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c2563806301="" class="superscript" data-turn-source-index="7" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c117407407="" style="line-height: 1.15 !important;"> <!----><source-inline-chip _ngcontent-ng-c117407407="" _nghost-ng-c230154732="" class="ng-star-inserted" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p></li><li style="line-height: 1.15 !important;"><p data-path-to-node="11,1,0" id="p-rc_340c69644c19e67a-122" style="line-height: 1.15 !important;"><b data-path-to-node="11,1,0" data-index-in-node="0" style="line-height: 1.15 !important;">Dedicated Bulk Terminal Storage:</b><span style="line-height: 1.15 !important;"> </span><span class="citation-763 citation-end-763" style="line-height: 1.15 !important;">Inland supplies are delivered by pipeline and rail logistics through Evolua Etanol into dedicated liquid-bulk tanks operated by AGEO Terminais on the left bank of the Port of Santos.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2563806301="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c2563806301="" class="superscript" data-turn-source-index="8" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c117407407="" style="line-height: 1.15 !important;"> <!----><source-inline-chip _ngcontent-ng-c117407407="" _nghost-ng-c230154732="" class="ng-star-inserted" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p></li><li style="line-height: 1.15 !important;"><p data-path-to-node="11,2,0" id="p-rc_340c69644c19e67a-123" style="line-height: 1.15 !important;"><b data-path-to-node="11,2,0" data-index-in-node="0" style="line-height: 1.15 !important;">Low-Flashpoint Bunkering Delivery:</b><span style="line-height: 1.15 !important;"> </span><span class="citation-762 citation-end-762" style="line-height: 1.15 !important;">Bunker One executes ship-to-ship transfers under strict, port-approved low-flashpoint safety standards, utilizing trained crews and dedicated vapor-recovery and fire-suppression systems to guarantee safe harbor operations.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2563806301="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c2563806301="" class="superscript" data-turn-source-index="9" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c117407407="" style="line-height: 1.15 !important;"> <!----><source-inline-chip _ngcontent-ng-c117407407="" _nghost-ng-c230154732="" class="ng-star-inserted" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p></li><li style="line-height: 1.15 !important;"><p data-path-to-node="11,3,0" id="p-rc_340c69644c19e67a-124" style="line-height: 1.15 !important;"><b data-path-to-node="11,3,0" data-index-in-node="0" style="line-height: 1.15 !important;">Port Governance Integration:</b><span style="line-height: 1.15 !important;"> </span><span class="citation-761 citation-end-761" style="line-height: 1.15 !important;">The Santos Port Authority has established regulatory guidelines and berthing windows, working alongside maritime safety agencies to position Santos as an international hub for non-fossil marine fuels.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2563806301="" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c2563806301="" class="superscript" data-turn-source-index="10" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c117407407="" style="line-height: 1.15 !important;"> <!----><source-inline-chip _ngcontent-ng-c117407407="" _nghost-ng-c230154732="" class="ng-star-inserted" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p></li></ul><h4 data-path-to-node="12" style="font-family: &quot;Google Sans&quot;, sans-serif !important; line-height: 1.15 !important;"><b>Scaling the Green Maritime Matrix</b></h4><p data-path-to-node="13" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span style="line-height: 1.15 !important;">With global shipping lines facing tightening carbon constraints under the International Maritime Organization’s (IMO) greenhouse gas strategy and regional carbon policies such as FuelEU Maritime,</span><span style="line-height: 1.15 !important;"> demand for scalable low-carbon fuels is accelerating rapidly.</span><span style="line-height: 1.15 !important;"> While global green methanol supplies remain limited and capital-intensive,</span><span style="line-height: 1.15 !important;"> bioethanol offers immediate commercial volume,</span><span style="line-height: 1.15 !important;"> competitive pricing,</span><span style="line-height: 1.15 !important;"> and existing agricultural distribution channels throughout Brazil.</span></p><p data-path-to-node="14" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span style="line-height: 1.15 !important;">With approximately 70 vessels in the global fleet already capable of running on methanol and bioethanol,</span><span style="line-height: 1.15 !important;"> and more than 400 additional multi-fuel ships scheduled for shipyard delivery over the coming years,</span><span style="line-height: 1.15 !important;"> establishing regular bunkering capabilities at Santos anchors Brazil’s agricultural strength directly into the global maritime energy transition.</span></p>