Rotterdam Market Report

Wed 6 Feb 2013, 11:46 GMT

Rotterdam Market Report

CRUDE:

WTI rebounded after the biggest loss in 2 months, as US service industries expanded at better-than-expected pace in January, signalling growth in 90% of the US economy and stronger demand for crude.

BARGE MARKET:

No offers // bids.

BUNKER MARKET:

Market firm at the moment, even though crude numbers weakening. Below numbers not applicable to prompt product.

Dutch time: 12:00 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 638-641

Fuel oil 380 cst RMG 35 LS 1.0% - USD 672-676

Marine Gas Oil .86/LS 0.1% - USD 1010-1015

Marine Gas Oil DMA .89/LS 0.1% - USD 990-995.

MGO Netherlands Rotterdam (NL)


		Bermuda Container Line imposes emergency bunker surcharge citing Iran War fuel price spike Shipping operator to add $150 per TEU charge from 1 May amid geopolitical fuel cost pressures.

		Zhejiang’s first methanol-powered container ship launches in Jiaxing Vessel uses methanol propulsion technology to reduce carbon dioxide emissions by 90%.

		TES joins SEA-LNG coalition to advance e-methane as marine fuel Green energy company targets 1m tonnes annual e-methane production by 2030 for shipping decarbonisation.

		IBIA to host workshop on ethanol and methanol marine fuels during Singapore Maritime Week Half-day event will examine alcohol-based fuel pathways and integration into shipping’s multi-fuel landscape.

		ROC begins construction of second chemical tanker for Essberger Chinese shipbuilder holds steel-cutting ceremony for 13,000-dwt methanol-ready vessel with ice class capability.

		Norsepower and Cosco Shipping Heavy Industry Equipment sign wind propulsion cooperation agreement Wind propulsion technology provider partners with Chinese shipyard to scale rotor sail production.

		Shipping firms struggle to prioritise decarbonisation investments amid regulatory uncertainty, Wärtsilä survey finds Survey of 225 maritime executives reveals 70% say uncertainty hinders investment decisions despite regulatory pressure.

		Longitude Engineering unveils IMT Isca G-Flex PSV design with alternative fuel capability Naval architecture firm launches adaptable platform support vessel design based on the IMT-984 G-Class hull.

		Shore power infrastructure is key to cutting ferry emissions in European cities, says EmissionLink Port electrification is needed to enable vessels to switch off engines at berth, reducing urban pollution.

		Singapore prioritises maritime resilience amid geopolitical uncertainty, eyes digitalisation and green fuels MPA chief outlines the sector’s adaptation to supply chain disruptions while advancing automation and alternative fuels.