Green Bunkers Launches With €5 Million And A Mission To Clean Up Maritime Emissions

This marks the official start of its mission to disrupt the €100 billion maritime bunkering industry.

“Green Bunkers is born to bring transparency and efficiency to a traditionally opaque sector,” noted Fernando Tirado, CEO of Green Bunkers. “We want to bring transparency and trust to the sector, facilitating the transition to cleaner fuels. The vision is for a shipowner to find not only conventional fuels in each port, but also alternatives like hydrogen, methanol or certified biofuels, with the ability to offset their emissions in a simple and traceable way.”

Founded in 2025, Green Bunkers enters the maritime fuel market at a critical moment. As shipping is now part of the EU Emissions Trading System, emissions-related costs could increase from €3.1 billion in 2024 to €8.4 billion in 2025 prompting the industry to seek cleaner and more transparent fuel options.

Read Also - UK-based Netomnia Secures €346.2M Funding

Green Bunkers aims to lead this shift by building "green corridors" port-to-port access to low-emission fuels and offering digital tools for fuel traceability, real-time fleet monitoring, and carbon credit management.

The company is also collaborating with port authorities to support cold ironing (allowing ships to turn off engines at dock) and exploring onboard carbon capture technology.

Green Bunkers is the first Spanish platform connecting shipowners and charterers directly with fuel suppliers. It provides transparent pricing, emissions tracking, CO₂ offset options and financing. Headquartered in Spain, the company aims to expand into key European, Middle Eastern, and Southeast Asian ports to support cleaner, smarter maritime fuel sourcing.

Fernando Tirado has been appointed CEO to lead the company’s global expansion and development of green shipping corridors.

“Spain is already a natural hub for maritime supply and holds a unique geostrategic position. From here, we want to lead the transition to a more transparent, efficient and sustainable bunkering sector, driving the creation of green corridors worldwide,” said Baihas Baghdadi, Founder and Executive Chairman of Baghdadi Capital.

Green Bunkers also plans to offer up to €50 million in financing for bunkering operations, helping to close liquidity gaps in the industry. The funding will support shipowners with capital and ensure timely payments for fuel suppliers.

Green Bunkers will begin operations in Spain and across Europe in 2025 and 2026, starting with major ports in the Mediterranean and Northern Europe. The company plans to expand to the Middle East and Southeast Asia by late 2026, and into the Americas in 2027, building a fully global network.

About Green Bunkers

Green Bunkers is building a global platform to simplify marine fuel procurement. With digital tools, AI and a focus on sustainability, we help shipowners access both conventional and low-emission fuels. Their mission is to bring transparency, efficiency and more intelligent decision-making to the bunkering process, supporting a cleaner, future-ready maritime industry.