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Free AccessRotterdam LNG Bunker Sales Hit Record in Q2: Platts
The Port of Rotterdam reported a significant increase in LNG bunkering sales in Q2, reaching a record of 242.931 mcm, according to Platts.
- This is a rise from the previous record high of 215.247 mcm in Q1.
- Shipowners find LNG to be an economical choice due to discounts compared to traditional bunker fuels, such as VLSFO.
- LNG bunker fuel has been priced at a discount to VLSFO since December.
Source: S&P Global Commodity Insights
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.