Rotterdam Market Report

Mon 23 Jun 2014, 11:14 GMT

Rotterdam Market Report

Crude:

WTI rose as militants in Iraq seized more territory.

Bunker Market:

Quiet market. Prices not for prompt product. Gap in prices due to the different vision between suppliers about market developments.

Dutch time: 11:10 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 605-609

Fuel oil 380 cst RMG 35 LS 1.0% - USD 638-642.

Marine Gas Oil DMA 86/LS 0.1% - USD 937-940.

Marine Gas Oil DMA .89/LS 0.1% - USD 899-904.

MGO Netherlands Rotterdam (NL)


		Skuld warns of unusual chemical compounds in Southeast Asian marine fuels Marine insurer reports fuels meeting ISO 8217 standards but containing high levels of hydrocarbon compounds.

		IMO chief urges progress on net-zero framework amid Hormuz crisis Arsenio Dominguez calls for constructive dialogue as MEPC 84 tackles greenhouse gas measures and ballast water regulations.

		Monjasa reflags UAE-based tankers to Emirates registry Marine fuels supplier transitions first of three vessels from Liberian to UAE flag.

		Lotte Fine Chemical completes world’s first commercial ammonia bunkering at Ulsan South Korean chemical company claims to have established a complete green ammonia value chain.

		Propeller Fuels seeks bunker trader for London office Marine fuel supplier advertises for trader to manage procurement, sales and client relationships.

		Fincantieri’s VARD launches first of four offshore wind vessels for Windward Offshore VARD 4 19 design vessel features battery hybrid propulsion and green methanol preparation.

		Singapore industry leaders call for regulatory clarity on maritime energy transition SSA councillors highlight need for government support and clear policies to enable alternative fuel adoption.

		Seaspan and Technolog unveil LNG feeder design with four-week ammonia conversion pathway Lloyd’s Register grants approval for a 3,370 TEU vessel concept designed for swift transition to zero-carbon fuel.

		Singapore’s MPA backs LNG as part of multi-fuel strategy for shipping decarbonisation Authority emphasises regulatory frameworks and workforce development as sector navigates geopolitical uncertainty and energy transition.

		ABS and PIL partner on book-and-claim emissions verification Classification society to verify fuel consumption and emissions data for shipping line’s alternative fuel claims.