BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News



Rotterdam posts Q1 rise in bunker sales

Sales of marine fuel and lubricants (excluding LNG) were up 2.7% YoY and 5.1% QoQ.



The Erasmus Bridge in Rotterdam. Image credit: Pixabay CC0


Updated on 15 May 2018 14:13 GMT

Rotterdam recorded a quarter-on-quarter (QoQ) and year-on-year (YoY) increase in bunker sales during the first quarter (Q1) of 2018, data released by Port of Rotterdam Authority has revealed.

Overall sales of marine fuel and lubricants (excluding LNG) were 2,541,212 cubic metres (cbm) in Q1, which was a QoQ rise of 122,560 cbm, or 5.1 percent, and a YoY increase of 65,746 cbm, or 2.7 percent.

Combined bunker volume (including fuel oil, MGO and MDO, but excluding LNG) totalled 2,515,009 cbm, representing a QoQ improvement of 119,980 cbm, or 5.0 percent, and a YoY growth of 65,146 cbm, or 2.7 percent.

Marine lubricant sales were up QoQ by 2,580 cbm, or 10.9 percent, to 26,203 cbm. In comparison with the prior-year period, the figure was higher by 600 cbm, or 2.3 percent.

LNG volume sold during the period was 729 metric tonnes, which was just under half of the total amount sold during the whole of last year.

Both fuel oil and MDO recorded QoQ and YoY increases: fuel oil sales were 2,134,350 cbm - a QoQ rise of 127,207 cbm, or 6.3 percent, and a YoY hike of 76,134, or 3.7 percent; and MDO volumes totalled 43,612 cbm, which was a QoQ jump of 17,965 cbm, or 70.0 percent, and a YoY increment of 15,960 cbm, or 57.7 percent.

For MGO in Q1, meanwhile, sales of 337,047 cbm represented a QoQ fall of 25,192 cbm, or 7.0 percent, and a YoY decrease of 26,948 cbm, or 7.4 percent.

Sales of marine distillates (MDO and MGO) during the January-March period made up 15.0 percent of marine fuel and lubricant sales, whilst fuel oil volume bunkered represented 84.0 percent of the total.






Related Links:

Rotterdam to usher in EUR5m incentive for ships using low- and zero-carbon fuels
New project aims to build industrial-scale power-to-gas installation
Rotterdam launches incentive scheme for bunker-saving inland shipping projects
Project targets emissionless 'green corridor' with first electric inland boxship
Port of Rotterdam to study clean fuel bunkering facility at Krabbegors
Rotterdam
Netherlands

Latest News:

VPS issues flash point distillate alert for New York
Viking Line's bunker costs rise 3.6% in H1
Global Risk Management hires former Geos trader
Maersk profitability 'significantly impacted' by higher bunker costs
Oil and fuel oil hedging market update
Coming up: oil rig count, US production data and meeting between US and China
Done in a month: Mercuria takes 30% stake in Aegean as refinancing transaction is agreed
Higher bunker prices add EUR 4.1m to operating costs: Containerships Plc
Torm to install scrubbers on 14 ships in new initiative
Earnings growth dampened by lag in recovery of higher bunker costs: DFDS
Oil and fuel oil hedging market update
Brent closed at around four-month low yesterday




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events