Rotterdam posts lowest calendar year bunker sales of the 2010s

Port recorded a 2.5% decline in sales of marine fuels and lubricants in 2017.



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Updated on 16 Feb 2018 16:01 GMT

Rotterdam recorded its lowest calendar year bunker sales of the 2010s in 2017, data released by Port of Rotterdam Authority has revealed.

Between January and December, Europe's biggest bunker port sold 9.890 million cubic metres of bunkers and lubes - a decline of 255,793 cbm, or 2.5 percent, compared to the 10.145 million cbm sold in 2016.

According to the data, fuel oil sales fell year-on-year (YoY) by 228,177 cbm, or 2.7 percent, to 8.255 million cbm.

Marine gas oil (MGO) volume dropped 38,966 cbm, or 2.7 percent, to 1.388 million cbm, whilst marine diesel oil (MDO) sales were up by 8,000 cbm, or 5.8 percent, to 147,035 cbm.

Marine lubricant sales also recorded a rise - increasing by 3,351 cbm, or 3.5 percent, to 99,677 cbm.

Fourth quarter

In an analysis of fourth-quarter (Q4) figures, overall sales of marine fuel and lubricants were 2.418 million cbm - representing a YoY decrease of 63,291 cbm, or 2.5 percent, and a quarter-on-quarter (QoQ) drop of 83,311 cbm, or 3.3 percent.

YoY, fuel oil sales were down 71,028 cbm, or 3.4 percent, to 2.007 million cbm, whilst sequentially, the figure was lower by 100,824 cbm, or 4.8 percent.

MGO and MDO volumes were 362,239 cbm and 25,647 cbm respectively, with MGO rising YoY by 26,941 cbm, or 8.0 percent, and QoQ by 36,915 cbm, or 11.3 percent.

Marine lubricant sales in Q4 were 23,623 cbm - a YoY increase of 1,488 cbm, or 6.7 percent, and a QoQ dip of 403 cbm, or 1.7 percent.