Antwerp-Bruges’ conventional bunker sales down 8% in 2024
The port’s total conventional bunker sales declined amid a sharp drop in MGO sales, while HSFO has not been this popular in years.
Changes in Antwerp-Bruges bunker fuel sales from 2023 to 2024:
- Total sales down by 666,000 mt to 7.4 million mt
- Fuel oil sales up by 156,000 mt to 6.1 million mt
- MGO sales down by 822,000 mt to 1.4 million mt
Consolidated fuel oil bunker sales in the Port of Antwerp-Bruges increased by 3% in 2024, and VLSFO sales by 8%.
At 2.8 million mt in 2024, VLSFO sales in 2024 were at their highest level in three years. The third quarter was especially strong with 739,000 mt sold.
MGO sales declined by a massive 37% on the year. The first quarter was the best with 417,000 mt, and was followed by three quarters of 318,000-330,000 mt.
HSFO has been growing in popularity in major ports around the world as the global scrubber-fitted fleet continues to expand. That has also been evident in Antwerp-Bruges, which noted its strongest HSFO sales quarter since records started in 2022, with 604,000 mt sold in the fourth quarter.
The port authority reported sales of bio-blended bunker fuels in the third and fourth quarters of 2024, totalling 35,000 mt. But it did not give details about the blend ratios sold in the port.
By Shilpa Sharma
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