Rotterdam Market Report

Tue 2 Dec 2014, 11:25 GMT

Rotterdam Market Report

Market report from Marine Bunkering (Rotterdam) B.V.

Crude:

Crude rebounded from its lowest level in more than five years as the market sell-off prompted by OPEC’s failure last week to curb production took a pause.

Bunker Market:

Some suppliers do not sell LS 380 1,0% anymore. All grades: prompt product tight with most suppliers till early / mid next week and even expected to get worse as cargoes fixed for Singapore.

Below numbers not for prompt product.

Dutch time: 11:25 hours

Fuel oil RMG 380 HS 3.5% - USD 376-378

Fuel oil RMG 380 LS 1.0% - USD 387-389

Marine Gas Oil DMA .89/ LS 0.1% - USD 637-639

MGO Netherlands Rotterdam (NL)


		IMO adopts Northeast Atlantic ECA covering waters from Portugal to Greenland New ECA to enter into force in September 2027, connecting existing European zones with Canadian Arctic waters.

		Renewable methanol project pipeline reaches 61 MMT as China groundbreakings accelerate GENA Solutions reports pipeline growth despite concerns over construction readiness for Chinese projects.

		Berg Propulsion to supply propulsion system for Akdeniz-built chemical tanker Turkish shipyard Akdeniz orders diesel-electric propulsion package for an 8,000-dwt vessel destined for Transka Tankers.

		China Classification Society certifies 740-teu pure-electric container ship Ningyuan Diankun features battery-swapping capability and is claimed to eliminate 1,462 tonnes of CO2 annually.

		Lloyd’s Register to host UK ETS and FuelEU Maritime briefing in London Event on 12 May will examine maritime emissions regulations ahead of UK ETS expansion.

		Japanese shipbuilder delivers dual-fuel LNG bulk carrier Ruri Planet The 209,000-tonne Capesize vessel can run on heavy fuel oil or LNG.

		L&T Energy GreenTech signs 300,000-tonne green ammonia supply deal with Itochu Indian firm to supply Japanese trading house from planned Kandla facility for marine fuel applications.

		Methanol-powered container ship is named CMA CGM D’Artagnan French shipping group adds vessel to methanol fleet as part of net-zero target.

		Bound4blue completes second suction sail installation for Maersk Tankers Four 24-metre eSAIL units fitted on Maersk Tahiti at Chinese shipyard in April.

		Asia-Pacific ports advance cross-sector hydrogen and e-fuel infrastructure Accelleron report highlights a coordinated approach combining energy, industry and shipping demand to stimulate market development.