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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.
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Free AccessVLSFO Sales at Rotterdam Slip
Sales of VLSFO from the Port of Rotterdam declined by 7.9% quarter on quarter to 906,368 mt in Q2, the lowest level since Q4 2019.
- MGO saw a more modest fall, down 1.7% to 253,748 mt, its lowest quarter since Q1 2021
- In contrast, HSFO bunker sales recovered, up 4.6% and their highest quarter since Q4 2020 to 847,189.
- Demand for LNG as a bunker fuel showed a strong recovery, up 108% on the quarter to 179,804 cu m, the highest level since Q3 2021.
- LNG bunkering demand has rebounded since natural gas prices retreated from their record highs seen in H2 of 2022, making prices more competitive against conventional bunker fuels.
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.