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European LNG bunker fuel prices competitive despite winter

January 31, 2024 Comments Off

LNG bunker fuel in Rotterdam has been more competitive in comparison with other shipping fuels this winter, trading at discounts to alternatives such as 0.5% marine fuel not seen since the summer months of 2023. Winter leads to stronger heating and power demand that typically boosts LNG cargo prices, which support LNG bunker fuel prices. But LNG bunker fuel became…