Growth Leads : Rotterdam’s LNG And Bio-Bunker Sales In Q1 2024


LNG And Bio-Bunkers Sales

LNG bunker sales stood at 220,000 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 260,000 mt of bio-bunkers were sold in the first quarter of 2024, an increase of 13% from the 230,000 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.

Methanol and Bio-LNG Sales Absence

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

Did you subscribe to our daily Newsletter?

It’s Free! Click here to Subscribe

Source: Engine