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Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) and Repsol today announced a landmark 8-year agreement to supply renewable marine fuels at the Port of Barcelona, establishing an unprecedented long-term relationship within the cruise industry.
Beginning in the 2026 European season, Repsol will offer a portfolio of renewable fuels, including biofuels and, from 2029, renewable methanol, directly to NCLH's vessels across its cruise brands—Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises—when calling at the Port of Barcelona.
The agreement between NCLH and Repsol was established based on the changing international regulatory environment and both companies' pursuit of Net Zero by 2050. All fuels provided under the agreement are certified under the ISCC EU framework and meet the standards necessary to support NCLH's environmental compliance and decarbonization roadmap.
The renewable methanol will be produced at Repsol's Ecoplanta facility in Tarragona (Spain), a pioneering project in Europe to transform urban waste into renewable fuels and circular products, adding a solution for reducing CO₂ emissions in the transport sector, while at the same time promoting the circular economy. The new plant—set to begin operations in 2029— will have the capacity to process up to 400,000 tons of municipal solid waste per year and turn them into 240,000 tons of renewable fuels and circular products. NCLH is the first company to sign an offtake agreement for renewable methanol from the Ecoplanta facility.
This alliance underscores NCLH's commitment to advancing low-carbon fuel solutions and supporting the circular economy, while maintaining operational flexibility and cost efficiency across its fleet. It also directly supports the company's global program, Sail & Sustain®, a company-wide initiative focused on reducing greenhouse gas intensity, investing in innovative fuel solutions, and fostering collaboration across the value chain. As part of its 2026 "Charting the Course" targets, the company is working to achieve a 10 percent reduction in GHG intensity by 2026 and 25 percent by 2030.
Posted In: NCLH
