Rotterdam Market Report

Wed 2 Oct 2013, 10:34 GMT

Rotterdam Market Report

CRUDE:

WTI fell to the lowest level in almost 3 months as the US government began its first partial shutdown in 17 years, threatening to slow the economy and curb fuel use.

BUNKER MARKET:

Much congestion due to maintenance shutdown at 3 refineries. Some suppliers fully booked this week. Below numbers not applicable to prompt product.

Dutch time : 12.15 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 590-592

Fuel oil 380 cst RMG 35 LS 1.0% - USD 602-605

Marine Gas Oil .86/LS 0.1% - USD 915-918

Marine Gas Oil DMA .89/LS 0.1% - USD 889-893.

MGO Netherlands Rotterdam (NL)


		Estonia launches biomethane-battery workboat for state fleet 38-metre KRATT is said to be the first vessel of its kind in the region.

		Yang Ming completes first LNG SIMOPS bunkering for YM Willpower in Shanghai Dual-fuel boxship receives 2,000 tonnes of LNG during simultaneous cargo operations.

		AYK Energy and Gebhard Electro secure two vessel electrification contracts A new dredger and a patrol vessel retrofit form the latest battery projects for the duo.

		Everllence and Hudong-Zhonghua sign engineering design agreement for LNG carrier development Agreement covers 180,000-cbm LNG carrier featuring a hybrid-electric propulsion system.

		Corvus Energy partners with Belga Marine to support Brazil’s battery-powered offshore fleet Norway-based energy storage firm expands aftermarket service network into Brazil’s growing offshore market.

		Singapore Shipping Association updates biofuels bunkering FAQ for 2026 SSA releases latest edition of its biofuel bunkering guidance document for the Port of Singapore.

		Eastern Pacific Shipping reaches 700th LNG bunkering operation Singapore-based shipowner logs nearly 3 million cbm of LNG bunkered over nearly six years.

		MOL holds naming ceremony for fourth LNG dual-fuel VLCC Vessel, named Tsurugidake, features an LNG fuel tank with a capacity exceeding 10,000 cbm.

		VPS to host Bergen seminar on marine fuel quality, lubricants and decarbonisation regulation Free-to-attend event on September 16 will feature speakers from VPS and DNV.

		Cosulich Marine Energy launches third methanol-ready bunker tanker in China Carlotta Cosulich launched at Taizhou Maple Leaf Shipyard, leaving one vessel in series still to come.