VLSFO Sales See Dramatic Rise in Rotterdam

Low sulphur fuel is proving to be ‘extremely popular in Rotterdam, Europe’s largest bunkering hub, with more half of all November bunker sales attributable to 2020 compliant Very Low Sulphur Fuel Oil (VLSFO). The momentous shift comes with less than one month to go before the deadline for the IMO 2020 .5 percent sulphur cap. Under the new rules, the use of high-sulphur fuel … [Read more...]

Rotterdam Port Prepares for Brexit Gridlock

AMSTERDAM, March 11 (Reuters) - Emergency overflow parking spaces for up to 700 trucks have been created near Rotterdam port, Europe's largest, in anticipation of backups caused by Britain's departure from the European Union. Authorities in the Netherlands said on Monday they expect around 400 trucks per day destined for Britain will arrive at the harbour without proper … [Read more...]

Gunvor Gets Go-Ahead for Bunker Fuel Refinery Upgrade in Port of Rotterdam

LONDON, Jan 25 (Reuters) - The Netherlands has given provisional approval to Gunvor to add a fuel upgrading unit at its Rotterdam refinery, according to a document seen by Reuters, as the international oil trader prepares for tough new environmental rules on shipping fuels. The rules from the International Maritime Organization (IMO), due to come into effect in 2020, aim to … [Read more...]

Photos: Western Isles FPSO Arrives in Rotterdam

The giant floating production, storage and offloading unit for Dana Petroleum's Western Isles development project in the North Sea has reached Rotterdam following a seven-week trip from China. The Western Isles FPSO was loaded aboard COSCO Shipping's new semi-submersible heavy lift ship MV Xin Guang Hua in February following delivery from the Cosco shipyard in China. The … [Read more...]

COSCO Pacific Buys Into Rotterdam Container Terminal

By Kyunghee Park (Bloomberg) -- China’s Cosco Pacific Ltd. will pay 125.4 million euros ($143 million) for shares and loans in a container-terminal operator in Rotterdam amid an overseas expansion drive by Chinese companies. Cosco Pacific will buy 35 percent of Euromax Terminal Rotterdam BV for 41.4 million euros and assume 84 million euros of debt equivalent to 35 … [Read more...]