Rotterdam LNG bunkering demand soars
Europe’s largest bunkering port is reaping the rewards of exponential growth in LNG fuelling
Rotterdam, Europe’s largest port, has more than trebled LNG bunkering volumes in the first half of the year, defying the coronavirus-induced economic slowdown that has hit its main cargo activities. Demand for cleaner marine fuels has risen sharply since the start of the year, when International Maritime Organization rules came into force restricting its sulphur content to 0.5pc. LNG bunkering volumes at Rotterdam rose to 93,713m³ in the first half of 2020, up from 26,146m³ moved over the same period last year, port data shows. This year’s six-month volumes are already 30pc above sales for 2019 as a whole. By comparison, total cargo throughput—the port’s bread-and-butter business—fell by 9.1
Also in this section
17 May 2024
The latest drought crisis is passing, but longer-term solutions are in motion, explains Panama Canal Authority Administrator Ricaurte Vasquez Morales
16 May 2024
Flat oil growth in 2024 highlights mounting industry problems
15 May 2024
Five years ago, Uzbekistan turned to a private company called Saneg to reverse the fortunes of its oil industry. Results so far are encouraging, and according to CEO Tulkin Yusupov, further progress is on the way
13 May 2024
But optimism about island nation checked by competition around African upstream investment and history of false dawns