The Port of Rotterdam has reported a decrease in fuel bunkering in maritime shipping, with 9.9 million tonnes in 2023 compared to 10.6 million tonnes in 2022.
As a result, demand for fuel oil, marine petrol oil, and other fuels decreased by 6.7 per cent compared to 2022. The bunkering of LNG (liquefied natural gas) increased dramatically from 406,599 to 619,243 cubic-metre.
According to the Port of Rotterdam, this has everything to do with fluctuations in the price of LNG. The need for bunkers blended with biofuels fell from 790,851 tonnes to 751,638 tonnes by 2023. Biomethanol was bunkered for the first time aboard the Laura Maersk.
The port attributes the decline to fewer sea-going vessels arrivals, as well as the fact that bunker oil prices were temporarily lower in Singapore.
With this step, the port authorities hope to make the ARA bunker market more transparent, efficient, and dependable.