Rotterdam Q1 Bunker Sales Drop to Lowest Level Since Q2 2022
Total conventional sales reached 2.48 million mt in the three months to March 31, up by 5.8% on the year but down by 5.3% from the previous quarter.
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Total conventional sales reached 2.48 million mt in the three months to March 31, up by 5.8% on the year but down by 5.3% from the previous quarter.
The firm sold 4.3 million mt of bunker fuel in Q1, its lowest total since the first quarter of 2021.
About 2.1% of the VLSFO samples analysed by Verifuel in the first quarter of 2023 were found to be off-specification, a company representative tells Ship & Bunker.
Total sales excluding lubricants sank by 19% on the year to 559,800 m3 in March.
Panama's Q1 total was 1.3 million mt, down by 2.7% from Q4 of last year and the lowest quarterly level since Q1 2022.