Rotterdam Market Report

Tue 30 Sep 2014, 10:42 GMT

Rotterdam Market Report

Crude:

WTI rose to the highest in almost 2 weeks on speculation stronger US economic growth will boost demand for oil. WTI's discount to Brent narrowed to a one-year low.

Bunker Market:

Prompt product remains tight (all grades)

Dutch time: 12:15 hours

Fuel oil RMG 380 HS 3.5% - USD 544-547

Fuel oil RMG 380 LS 1.0% - USD 556-560

Marine Gas Oil DMA LS 0.1% - USD 795-799

MGO Netherlands Rotterdam (NL)


		TES joins SEA-LNG coalition to advance e-methane as marine fuel Green energy company targets 1m tonnes annual e-methane production by 2030 for shipping decarbonisation.

		IBIA to host workshop on ethanol and methanol marine fuels during Singapore Maritime Week Half-day event will examine alcohol-based fuel pathways and integration into shipping’s multi-fuel landscape.

		ROC begins construction of second chemical tanker for Essberger Chinese shipbuilder holds steel-cutting ceremony for 13,000-dwt methanol-ready vessel with ice class capability.

		Norsepower and Cosco Shipping Heavy Industry Equipment sign wind propulsion cooperation agreement Wind propulsion technology provider partners with Chinese shipyard to scale rotor sail production.

		Shipping firms struggle to prioritise decarbonisation investments amid regulatory uncertainty, Wärtsilä survey finds Survey of 225 maritime executives reveals 70% say uncertainty hinders investment decisions despite regulatory pressure.

		Longitude Engineering unveils IMT Isca G-Flex PSV design with alternative fuel capability Naval architecture firm launches adaptable platform support vessel design based on the IMT-984 G-Class hull.

		Shore power infrastructure is key to cutting ferry emissions in European cities, says EmissionLink Port electrification is needed to enable vessels to switch off engines at berth, reducing urban pollution.

		Singapore prioritises maritime resilience amid geopolitical uncertainty, eyes digitalisation and green fuels MPA chief outlines the sector’s adaptation to supply chain disruptions while advancing automation and alternative fuels.

		China exports first domestically blended biofuel for marine use from Zhoushan A vessel carries 2,600 tonnes of biofuel blend to Qingdao Port for international ship refuelling.

		H2SITE to present ammonia-cracking technology at Green Ammonia Energy Workshop Spanish company to showcase APOLO project's role in producing hydrogen for maritime decarbonisation.