Rotterdam Market Report

Fri 5 Apr 2013, 11:21 GMT

Rotterdam Market Report

CRUDE:

Crude headed for the biggest 2-day drop since June as more Americans than projected filed applications for unemployment benefits, raising concern that slower US growth may weaken fuel demand and boost supplies.

BARGE MARKET:

No offers // bids.

BUNKER MARKET:

Market decreased since yesterday afternoon in line with crude numbers. Product tight till early next week with some suppliers. Below numbers not applicable to prompt product.

Dutch time: 11:05 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 593-596

Fuel oil 380 cst RMG 35 LS 1.0% - USD 608-611

Marine Gas Oil .86/LS 0.1% - USD 895-897

Marine Gas Oil DMA .89/LS 0.1% - USD 876-879.

MGO Netherlands Rotterdam (NL)


		Wallenius Wilhelmsen takes delivery of first methanol-ready Shaper Class vessel The dual-fuel Arctic Tern will enter service on the Asia–Europe trade almost immediately.

		Hapag-Lloyd signs shore power agreement with Hamburg Port Authority Deal commits the carrier to using onshore power supply at all Hamburg terminals.

		KPI OceanConnect reports 21% rise in pre-tax earnings for 2025/26 Marine fuel firm delivers 13 million tonnes and expands carbon markets capabilities amid geopolitical turbulence.

		VTTI Dalian completes first large-scale 'green methanol' vessel loading Cargo to be supplied as marine fuel in Shanghai.

		Oilmar appoints Steff Tan as marine fuels trader in Singapore New hire's background spans bunker operations, logistics, commercial trading, marketing, and business development.

		Cosco Shipping adds methanol-ready bulk carrier Feng Da Hai to fleet The 64,000-tonne vessel is equipped with a methanol fuel system for future low-carbon operations.

		Oilmar welcomes summer intern to Dubai branch Arpit Aryan will rotate across the bunker fuel trading, finance and operations departments.

		Oilmar takes on trading and finance intern in Dubai New intern to rotate across trading, operations and finance teams.

		Seaspan and Maersk deepen fleet efficiency collaboration with $75m upgrade programme Retrofit package for four 13,000-teu vessels includes installation of shaft generator to reduce auxiliary engine fuel consumption.

		EU Parliament vote on soy biofuels could expose bloc to $5.6bn a year in trade sanctions MEPs reject regulation that would have phased out soy biofuels, risking WTO retaliation penalties.