Rotterdam Market Report

Thu 8 Aug 2013, 12:15 GMT

Rotterdam Market Report

CRUDE:

WTI dropped as Federal Reserve officials indicated that they may pare bond purchases that have bolstered the economy and energy demand.

BUNKER MARKET:

Loading congestion. Some suppliers fully booked till 12th/14th. Big gap in prices due to different vision about market development plus prices between now/14th due to congestion.

Dutch time: 12:00 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 594-601

Fuel oil 380 cst RMG 35 LS 1.0% - USD 605-611

Marine Gas Oil .86/LS 0.1% - USD 902-907

Marine Gas Oil DMA .89/LS 0.1% - USD 879-884.

MGO Netherlands Rotterdam (NL)


		EU ETS 2026 review raises cost predictability concerns for European shippers European Shippers' Council warns that carbon market reforms could affect logistics planning and competitiveness.

		Grimaldi takes delivery of 12th ammonia-ready car carrier Grande Oriente Naples-based firm says its latest PCTC halves fuel consumption compared with earlier-generation vessels.

		Ocean Network Express deploys methanol- and ammonia-ready vessel ONE Solidarity arrives in Shekou on maiden voyage as ONE expands MS2 service capacity.

		Sonan Energy Panama recruits bunker trader Cornelius Larsen Former Monjasa trader relocates to Panama to support firm's regional growth ambitions.

		Bureau Veritas and Shenzhen Port Group sign agreement to develop green shipping corridor Partnership aims to position Shenzhen as a green maritime hub and advance decarbonisation.

		K Line delivers two dual-fuel LNG carriers to Petronas LNG Sister vessels Puteri Johor and Puteri Kedah handed over in China.

		Gasum selected as LNG supplier for Fjord1 ferries on Norway’s west coast Long-term agreement covers LNG delivery to ferries operating the Arsvågen–Mortavika route.

		Shipping’s fuel transition faces $9 trillion funding gap, Singapore technical talk to hear Global merchant fleet said to be ordering alternative-fuel vessels faster than the fuels can be produced.

		Netherlands launches R&D phase for electric emergency towing vessels with e-methanol as backup fuel Vessels will operate electrically wherever possible, while e-methanol will serve as fuel during emergency towing operations.

		KPI OceanConnect seeks marine fuel trading intern for China desk in Singapore Bunker firm is recruiting a bilingual staff member to support its China trading operations.