Rotterdam Market Report

Tue 12 Feb 2013, 11:48 GMT

Rotterdam Market Report

CRUDE:

Oil traded near the highest level in more than a week in New York after U.S. crude stockpiles increased last week.

BARGE MARKET:

No offers // bids.

BUNKER MARKET:

Big gap in prices due to different vision amongst suppliers about market development. Below numbers not applicable to prompt product.

Dutch time: 11:35 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 644-647

Fuel oil 380 cst RMG 35 LS 1.0% - USD 694-697

Marine Gas Oil .86/LS 0.1% - USD 1021-1023

Marine Gas Oil DMA .89/LS 0.1% - USD 998-999.

MGO Netherlands Rotterdam (NL)


		Zhejiang’s first methanol-powered container ship launches in Jiaxing The 64-teu 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.

		China exports first domestically blended biofuel for marine use from Zhoushan A vessel carries 2,600 tonnes of biofuel blend to Qingdao Port for international ship refuelling.