Rotterdam Marine Fuel LNG Bunker prices

Platts Rotterdam Marine Fuel LNG Bunker price assessments, monthly average, €/mt (Low Sulphur Fuel Oil equivalent)

Platts factor used to convert €/MWh to €/mt of Low Sulphur Fuel Oil equivalent is 11.322

Source: S&P Global Platts

Platts Rotterdam Marine Fuel LNG Bunker price assessments, monthly average, €/MWh

Source: S&P Global Platts

Platts Rotterdam Marine Fuel LNG (Low Sulphur Fuel Oil equivalent) vs LSFO, MGO and HFO price assessments, monthly averages, €/mt

Source: S&P Global Platts

Marine Fuel Bunker Conversion

Marine fuel bunkers are traditionally purchased on a dollar per metric ton (mt) basis, however the transaction is really about buying energy.

LNG offers a lower energy cost per metric ton – for example, when priced against Low Sulphur Fuel Oil (LSFO) its energy cost per metric ton is some 16% lower because it contains more energy for a given mass.

LNG as a marine fuel provides approximately 46.7 MMBtu (or 13.7 MWh) of energy per metric ton, whereas LSFO only provides about 40.2 MMBtu (or 11.8 MWh) per metric ton.


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Platts Marine Fuel LNG Bunker price assessment methodology

Marine Fuel LNG Bunker price assessments
Platts publishes daily LNG Bunker Fuel assessments, reflecting the value of LNG used as a marine fuel, in the ports of Singapore and Rotterdam.

For more detail on Platts Marine Fuel LNG bunker price assessment methodology, click here

Rotterdam LNG Bunker Fuel

Frequency: The Rotterdam LNG Bunker Fuel assessment is published each business day and reflects market values prevailing at the close of European markets, 4:30 pm London time.

Basis & Location: Platts considers the prevailing tradeable value of LNG bunker fuel in the locations on a truck-to-ship (ex-wharf) or barge-to-ship (delivered) basis in Rotterdam. Platts assesses the differential from the spot LNG Northwest Europe (AASXU00) assessment, publishing the final assessment on a flat price basis in Eur/MWh. Other local gas hubs may also be considered as the basis for the Rotterdam assessment.

Timing: The Rotterdam LNG bunker fuel assessment is for bunker deliveries 7-20 days ahead.

Volume: The assessed volume is for deliveries of 5,000 cu m. Sizes above and below may be normalized for purposes of assessment.

Unit: The LNG bunker fuel assessment includes the logistics costs from the terminal to the barge or truck, and charges for delivery direct to the receiving vessel. Platts also publishes $/mt conversions for LNG Bunker Fuel assessments. These $/mt price series are converted from the MWh assessment to a metric ton of fuel oil equivalent, using a factor of 11.322.




Please note that all aspects of this data, including the underlying data, are the intellectual property of S&P Global Platts, a division of S&P Global. For more information about S&P Global Platts market services, click here