Rotterdam Market Report

Tue 19 Mar 2013, 11:22 GMT

Rotterdam Market Report

CRUDE:

West Texas Intermediate oil traded near a one-month high as tension eased over a bank tax in Cyprus that threatens to worsen Europe’s debt crisis.

BARGE MARKET:

No offers // bids.

BUNKER MARKET:

Below numbers not applicable to prompt product.

Dutch time: 11:40 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 606-608

Fuel oil 380 cst RMG 35 LS 1.0% - USD 620-623

Marine Gas Oil .86/LS 0.1% - USD 913-915

Marine Gas Oil DMA .89/LS 0.1% - USD 891-893.

MGO Netherlands Rotterdam (NL)


		IMO committee to discuss Net-Zero Framework and North-East Atlantic NOx ECA MEPC 84 to consider 57 documents submitted for consideration on the reduction of greenhouse gas emissions.

		Capetanakis: Bunker Buyers Working Group not a pricing forum Past Chair says aim of working group is to ensure the perspective of buyers is reflected in policy work.

		Petronor and H2SITE to deploy membrane technology for hydrogen separation at Spanish refinery Partnership aims to integrate membrane reactor into steam methane reforming process to enhance efficiency.

		MOL completes world’s first retrofit installation of Wind Challenger sail system on operating coal carrier Hard-sail propulsion system installed on Kurotakisan Maru III during service for J-Power coal transport operations.

		Singapore, LA and Long Beach ports renew green shipping corridor MoU Three-year extension focuses on alternative fuels, digitalisation and supply chain resilience on Trans-Pacific route.

		Schottel supplies propulsion for Mureloil’s hybrid chemical tanker Bahía Beatriz joins sister ship to double Spanish operator’s biofuel and methanol transport capacity.

		Chimbusco launches six digital bunker products, including AI model and green fuel tools Cosco subsidiary unveils customer platform, AI system and methanol calculators for marine fuel sector.

		Grimaldi takes delivery of 10th ammonia-ready car carrier Grande Tokyo The 9,200-ceu vessel completes a seven-ship series built at Chinese yards for vehicle logistics.

		Rolls-Royce Power Systems switches German engine test facilities to HVO fuel Company saved 3,200 tonnes of CO2 by end of 2025 after switching to renewable diesel.

		Changhong International delivers final LNG dual-fuel container ship 205 days early Chinese shipbuilder completes 10-vessel series for MSC with delivery of 11,500-teu MSC Migsan.