Rotterdam Market Report

Wed 16 Jul 2014, 13:32 GMT

Rotterdam Market Report

Crude:

WTI fell below $100 and Brent tumbled as supply-disruption concerns eased with Libyan output gains and Iraqi shipments were unaffected by an insurgency.

Bunker Market:

Quiet market. Few suppliers booked till 18 July.

Dutch time: 11:30 hours

Fuel oil RMG 380 HS 3.5% - USD 572-575

Fuel oil RMG 380 LS 1.0% - USD 606-608

Marine Gas Oil DMA 86/LS 0.1% - USD 883-885.

Marine Gas Oil DMA .89/LS 0.1% - USD 852-855.

MGO Netherlands Rotterdam (NL)


		'China’s largest single-order green methanol procurement deal' announced Chimbusco and Shenergy seal agreement for 6,000 tonnes of methanol.

		Exmar takes delivery of third dual-fuel LPG midsize gas carrier in newbuild programme Belgian shipping group Exmar takes delivery of the 41,000-cbm LPG carrier Moriond.

		Hafnia Pools reaches 24 partners and 170 vessels as FuelEU compliance met through pooling mechanism Hafnia’s tanker pool platform adds five vessels in Q1 2026 amid volatile market conditions.

		St1 Biokraft supplies liquefied biogas to Destination Gotland for summer ferry operations Nordic biomethane company makes its first liquefied biogas delivery to Swedish ferry operator.

		G2 Ocean launches emission reduction certificates for supply chain decarbonisation New certificates allow cargo owners to offset Scope 3 transport emissions via biofuel use.

		World Fuel’s marine gross profit surges 86% as bunker price volatility drives Q1 results Higher bunker prices and volatility propel World Fuel to a strong first quarter, prompting upgraded full-year guidance.

		Axpo completes first ship-to-ship bio-LNG bunkering at Barcelona Swiss energy company supplies bio-LNG to MOL's car carrier Lapis Ace at Spanish port.

		Island Oil appoints Dimitris Mertikas as head of international trading in Dubai Bunker firm says hire will strengthen its trading capabilities and knowledge of the Middle Eastern and Greek markets.

		LNG and biofuels seen as most viable near-term options, ICS Barometer finds Geopolitical instability emerges as shipping’s defining risk in ICS report.

		Zhoushan ship exports nearly double in five months amid decarbonisation push China's Zhoushan reports 93.7% surge in ship exports driven by rising demand for more advanced and environmentally friendly vessels.