Rotterdam Market Report

Mon 7 Apr 2014, 13:22 GMT

Rotterdam Market Report

Crude:

WTI and Brent rose for a 2nd day after US employers increased payrolls in March, signalling fuel consumption may climb in the world's biggest oil-consuming country. Bunker Market:

Product tight, especially HS. Situation expected to remain tight this week. Gap in prices is between normal and prompt supply.

Dutch time: 11:15 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 577-581.

Fuel oil 380 cst RMG 35 LS 1.0% - USD 636-642

Marine Gas Oil DMA 86/LS 0.1% - USD 865-870

Marine Gas Oil DMA .89/LS 0.1% - USD 854-859.

MGO Netherlands Rotterdam (NL)


		Echandia wins battery contract for two electric tugs under India’s Green Tug Transition Programme Swedish battery maker secures second and third electric tug contracts in India’s port decarbonisation drive.

		Grimaldi presents ammonia-ready car carrier Grande Istanbul at Turkish port ceremony Vessel is one of 17 next-generation PCTCs commissioned by the Italian shipping group.

		Capital Ship Management takes delivery of methanol-ready Suezmax tanker Archigos The 157,000-dwt vessel, built in South Korea, features AI-assisted navigation and energy-saving technology.

		Molgas secures 10-year LNG truck-to-ship licence at the Port of Bilbao Spanish energy group obtains decade-long operating licence for LNG bunkering operations.

		CMA CGM names world’s largest LNG-powered containership in Le Havre The CMA CGM Notre Dame is formally welcomed into the French carrier’s fleet.

		IMO calls for speaker nominations for ammonia-as-fuel technical seminar Nomination deadline for upcoming ammonia marine fuel seminar in London is 17 July.

		OOCL Wisdom completes ‘first green methanol bunkering’ at Qingdao Port Vessel, claimed to be the world's largest methanol dual-fuel container ship, sets sail on maiden voyage to Europe.

		Oilmar seeks senior bunker trader for Dubai office Experienced trader with proven P&L responsibility sought by UAE-headquartered firm.

		ABS reviews bound4blue’s Pwind calculation methodology for eSAIL wind propulsion systems Independent review aims to ease regulatory compliance and accelerate adoption of suction sail technology.

		Port of Rotterdam appoints new programme manager for bunkering Astrid Sonnevelt has a background in renewable products, business development and emissions reduction.