Rotterdam Market Report

Mon 15 Jul 2013, 11:25 GMT

Rotterdam Market Report

CRUDE:

WTI climbed on speculation that US inventories will keep declining after the largest 2-week drop in at least three decades.

BUNKER MARKET:

Market increased, but crude coming off. Below numbers not applicable to prompt product.

Dutch time: 11:15 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 602-605

Fuel oil 380 cst RMG 35 LS 1.0% - USD 612-615

Marine Gas Oil .86/LS 0.1% - USD 917-921

Marine Gas Oil DMA .89/LS 0.1% - USD 890-895.

MGO Netherlands Rotterdam (NL)


		World Fuel seeks marine lube operations and sales executive in Greece US firm is recruiting for a commercial role focused on marine lubricants, based out of its Glyfada office.

		European shipowners call for fuel supplier mandates and ETS revenue investment ahead of policy revision Industry body urges EU policymakers to redirect carbon revenues into clean marine fuel production.

		Gasum secures LNG terminal capacity at Klaipėda through 2040 Nordic energy company locks in long-term LNG supply access to serve northwestern European markets.

		Chimbusco Pan Nation extends B100 biodiesel bunkering to oil tankers as quarterly volumes triple Hong Kong bunker supplier CPN says Q2 B100 deliveries have exceeded Q1 totals by more than 300%.

		TMD Energy extends bioenergy MOA with Double Corporate by two years Malaysian bunkering firm seeks to advance waste-to-energy marine fuel collaboration in EU and Asian markets.

		Exmar takes delivery of world’s first dual-fuel ammonia oceangoing vessel Belgian shipowner Exmar has taken delivery of what it says is the first oceangoing vessel powered by a dual-fuel ammonia engine.

		MOL and JAL partner with Lloyd’s Register and REGENT to advance Seaglider certification in Japan Four organisations join forces to establish regulatory pathways for electric wing-in-ground craft ahead of a targeted 2030 commercial launch.

		ABS and HD Hyundai entities secure battery hybrid approval for 16,000-teu container vessel Approval in principle issued for electrical design of ultra-large container ship at Posidonia.

		Keel laid for world’s largest LNG carrier at China’s Hudong-Zhonghua shipyard Construction begins on a 271,000-cbm QC-Max vessel, the largest LNG carrier ever built.

		Port of Las Palmas completes first LNG bunkering operation Baleària Canarias’ new fast ferry receives LNG via tanker truck in milestone delivery.