The Port of Rotterdam has announced a significant reduction in port fees to ships that use sustainable fuel.
The Dutch port says the move aims to support the early adoption of more sustainable fuels such as methanol in advance of plans to establish greener shipping corridors from Rotterdam to the Baltic and Singapore, and to support the Zero Emission Maritime Buyers Alliance (ZEMBA), an initiative launched recently to promote sustainability in the shipping business.
To qualify for the reduction, ships must bunker alternative fuels that have at least a 90 per cent reduction in greenhouse gases on conventional fuels. This could amount to a saving of up to half a million dollars for a large container vessel, said the port authority. The reduction will not apply to bio-blended fuel oil, marine gas oil, or marine diesel oil, which already have a mature market in Rotterdam.