Rotterdam Market Report

Thu 21 Mar 2013, 11:12 GMT

Rotterdam Market Report

CRUDE:

WTI rose the most in almost two weeks after the Federal Reserve said it will keep up its pace of bond buying to spur economic growth and U.S. inventories unexpectedly dropped.

BARGE MARKET:

No offers // bids.

BUNKER MARKET:

Below numbers not applicable to prompt product.

Dutch time: 11:20 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 602-604

Fuel oil 380 cst RMG 35 LS 1.0% - USD 618-621

Marine Gas Oil .86/LS 0.1% - USD 906-908

Marine Gas Oil DMA .89/LS 0.1% - USD 884-887.

MGO Netherlands Rotterdam (NL)


		DNV and Singapore Institute of Technology partner on remote vessel operations research Agreement focuses on shore-based control centres for bunker vessels and autonomous maritime capabilities.

		Grimaldi takes delivery of eleventh ammonia-ready car carrier Grande Inghilterra features solar panels, lithium batteries and cold ironing capability.

		Japanese tugboat to feature biofuel blender and ultrasonic anti-fouling system Seagate Corporation’s Bisan Maru is the first Japanese tugboat to feature both environmental technologies.

		Hercules Tanker Management deploys second Ultra-Spec vessel to the Mediterranean HTM Elisabeth arrived in Gibraltar carrying biofuel cargo from Thailand bound for Barcelona operations.

		Wärtsilä to supply ammonia fuel systems for Navigator Gas and Amon Maritime carriers Finnish technology group wins contract for cargo handling systems on two dual-fuel ammonia vessels.

		Battery-methanol harbour tug completes sea trials ahead of Gothenburg deployment Svitzer Balder is claimed to be the most powerful electric escort tug in the world.

		Changhong International launches fourth LR2 tanker for Navios Chinese shipbuilder floats 115,000-tonne LR2/Aframax product tanker with methanol and LNG conversion capability.

		Nippon Yuka Kogyo launches lubrication oil analysis service for ammonia-fuelled engines Japanese company offers condition monitoring service to support adoption of ammonia as a marine fuel.

		CIMC Pacific Offshore Engineering advances two 20,000-cbm LNG bunkering vessel projects Two sister vessels for Singapore and Luxembourg owners reach construction milestones in China.

		Singapore maritime sector to accelerate AI adoption under new partnership MPA and SSA sign MOU to support AI implementation across shipping operations and bunkering.