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.


Aerial view of a container vessel. 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.

Grande Oriente vessel. 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.

ONE Solidarity vessel. Ocean Network Express deploys methanol- and ammonia-ready vessel  

ONE Solidarity arrives in Shekou on maiden voyage as ONE expands MS2 service capacity.

Cornelius Larsen, Sonan Energy. Sonan Energy Panama recruits bunker trader Cornelius Larsen  

Former Monjasa trader relocates to Panama to support firm's regional growth ambitions.

BV and Shenzhen Port Group agreement signing. 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.

Naming ceremony of the vessels Puteri Johor and Puteri Kedah. K Line delivers two dual-fuel LNG carriers to Petronas LNG  

Sister vessels Puteri Johor and Puteri Kedah handed over in China.

Fjord1's ferry Bergensfjord. 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.

Bill Watts, Bernhard Schulte (Singapore) Pte Ltd. 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.

Rijkswaterstaat Power2Tow R&D phase launch. 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 Logo. 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.