Port of Rotterdam informed that LNG bunkering is on the rise, although this increase was briefly halted by the price development.
According to the Port, for the first time, in December, LNG saw a price increase of over 300%.
In addition, while Rotterdam said that more time is needed for hydrogen, the use of ammonia as a fuel seems likely to happen in three years’ time, once the first sea-going vessels start using it.
For this reason, the port is preparing for the safe bunkering all these new shipping fuels.
The key takings from the 2021 bunker figures are set out as following:
- Strong growth in LNG compared to 2020: 188% increase to over 0.6 million m3. Less than previous quarters in Q4, as was already expected due to the high gas price.
- Bio-blend fuels total over 0.3 million tonnes. This is the combination of fossil bunkers and bio-components. We do not know the exact blend ratio. No figures are available for 2020.
- All fuel oil combined (bio-blends and regular) increases 3.7% compared to 2020 to 7.8 million tonnes.
- All distillates fell by almost 1.5% to 1.79 million tonnes.