Rotterdam’s LNG and bio-bunker sales surged in Q1

Rotterdam’s LNG bunker sales surged by 45% in the first quarter of 2024, while bio-blended bunker sales grew by 13%.

Alternative bunker fuel sales by grade in Rotterdam since Q2 2022

LNG bunker sales stood at 215,000 cbm (87,000 mt) in Q1 2024, up by 45% from 149,000 cbm (60,000 mt) sold in Q4 2023. LNG sales in the first quarter were about 150% higher compared to 86,000 cbm (35,000 mt) sold in Q1 2023.

Around 263,000 mt of bio-bunkers were sold in the first quarter of 2024, an increase of 13% from the 233,000 mt sold in the previous quarter. Bio-bunker sales were at their highest since the fourth quarter of 2022.

About 66% of the biofuel blends sold in the first quarter were bio-VLSFO, followed by bio-HSFO (16%), bio-ULSFO (10%), bio-MGO (5%) and bio-MDO (3%). 

By comparison, Rotterdam's LNG bunker sales were roughly 15% higher than Singapore's sales in the first quarter. Bio-bunker sales in Rotterdam were two times greater.

No methanol or bio-LNG sales were recorded in Rotterdam in the first quarter of 2024. 

By Manjula Nair

Please get in touch with comments or additional info to news@engine.online