Photo courtesy Port of Rotterdam Authority Throughput at the Port of Rotterdam remained flat in 2019 amid “significant underlying shifts” in the various commodity sectors served by the Europe’s busiest port. The Port of Rotterdam Authority last week reported freight throughput of 469.4 million tonnes in 2019, only fractionally higher than the 469 million tonnes reported … [Read more...]
Port of Rotterdam Expects Years of Rising LNG Bunker Use
By Bart Meijer ROTTERDAM, Sept 4 (Reuters) - The Port of Rotterdam on Wednesday said it expects sales of liquefied natural gas (LNG) as a bunker fuel to increase in the coming years as ships are forced to switch to cleaner sources of energy. Europe's largest sea port expects throughput of LNG as a bunker fuel to increase to around 30,000 tonnes this year, up from 9,500 … [Read more...]
Port of Rotterdam Reports Record Throughput in First Six Months of 2019
The Port of Rotterdam reported throughput of 240.7 million tonnes in the first six months of 2019, a new record for Europe’s busiest port. The figure represents a 3.4 percent increase compared to the same period in 2018. The Port of Rotterdam Authority said the growth was driven by container throughput, which rose to 7.5 million TEU, a 6.4 percent increase on a TEU … [Read more...]
As U.S. Oil Grows, So Does Its Influence on Global Prices
By Alex Longley and Sheela Tobben (Bloomberg) -- For a glimpse into what the global oil price might look like one day, a good place to look is the Dutch port of Rotterdam. There, at a key hub for Europe’s oil trading and refining, crude imported from the U.S. is determining the price for an aspiring benchmark for North Sea oil one-third of the time, according to … [Read more...]
CMA CGM Partners with IKEA to Test Marine Biofuel On Board Containership
The logistics arm of retail giant IKEA has teamed up with French shipping group CMA CGM and others to test the use of sustainable marine bio-fuel oil on board a modern containership. The first-its-kind-test was announced Tuesday by the GoodShipping Program, a not for profit initiative seeking to decarbonize the ocean freight industry. Participants involved include IKEA … [Read more...]