Rotterdam Market Report

Tue 2 Apr 2013, 11:17 GMT

Rotterdam Market Report

CRUDE:

WTI fell for the first time in 6 days and widened its discount to Brent on speculation that the closure of an Exxon pipeline will increase US inventories.

BARGE MARKET:

Offers Hs 616 / Bids 610

BUNKER MARKET:

Still quiet market. Some suppliers fully booked this week. Below numbers not applicable to prompt product.

Dutch time: 12:30 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 617-620

Fuel oil 380 cst RMG 35 LS 1.0% - USD 635-639

Marine Gas Oil .86/LS 0.1% - USD 936-940

Marine Gas Oil DMA .89/LS 0.1% - USD 912-917.

MGO Netherlands Rotterdam (NL)


		Greece floating nuclear study finds no fundamental barriers to implementation A PESTLE assessment of floating nuclear power plants in Greece identifies framework gaps, not feasibility barriers.

		Molgas completes LNG cool-down and bunkering for Northern Pathliner at Northern Lights terminal in Norway Operation carried out at Øygarden facility, with K Line and Integr8 Fuels in the supply chain.

		G2 Ocean expands fleet with six future-fuel ready gantry crane vessels Open hatch specialist adds vessels and jet sail technology as part of a broad fleet renewal programme.

		LNG-powered CMA CGM Adventure makes first call at the Port of Mombasa Kenya Ports Authority receives its first large LNG-fuelled container vessel.

		Maritime trio shapes IMO safety guidelines for ammonia as marine fuel Real-world operational experience feeds directly into new IMO ammonia fuel safety framework.

		Repsol starts large-scale renewable fuel production at second Iberian plant Spanish energy company's Puertollano facility adds 200,000 tonnes per year of renewable diesel capacity.

		World's first dual-fuel methanol escort tug receives full class certification ABS grants certification to SD Aisemaht, built by Sanmar Shipyards for Canada's Trans Mountain Expansion Project.

		CMB.Tech raises TFG Marine stake to 15% and consolidates bunker procurement through joint venture CMB.Tech increases its equity stake in TFG Marine and commits its entire fleet’s bunker requirements to the joint venture.

		XFuel secures EUR 4.1m Catalonia grant for waste-derived marine fuel plant Spanish start-up wins funding to build a modular facility converting waste oils into low-carbon marine gas oil.

		Construction begins on liquefied biogas facility at Port of Gothenburg Nordion Energi's new plant aims to open up Swedish biogas supply to shipping and other sectors beyond the gas grid.