Rotterdam Market Report

Thu 11 Dec 2014, 11:31 GMT

Rotterdam Market Report

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

Crude:

Oil took a fall as OPEC reduced its estimate for 2015 demand, Kuwait offered new discounts to Asian customers and the Saudi oil minister questioned the need for a production cut.

Bunker Market:

Some suppliers do not sell LS 380 1.0% anymore. Tight availability for all grades.

Dutch time: 11:50 hours

Fuel oil RMG 380 HS 3.5% - USD 334-337

Fuel oil RMG 380 LS 1.0% - USD 347-349

Marine Gas Oil DMA .89/ LS 0.1% - USD 562-564

MGO Netherlands Rotterdam (NL)


		WinGD completes factory testing of ammonia-fuelled engine for LPG carrier X52DF-A-1.0 engine tested in China ahead of installation on first of four vessels under construction.

		RINA awards first approval in principle for energy-harvesting ship Drift Energy receives certification for vessel design that generates clean energy at sea.

		MSC Cruises achieves flag state recognition for verified methane emissions data Bureau Veritas certifies actual methane slip values for two LNG-fuelled cruise ships.

		IBIA and Greek shortsea shipowners sign cooperation agreement The International Bunker Industry Association partners with EENMA to support the marine fuels sector.

		Scan Global Logistics and Hapag-Lloyd expand biofuel partnership to cut shipping emissions Collaboration claims to avoid 8,500 tonnes of CO₂e emissions through second-generation biofuels.

		MOL signs first annual LNG bunkering contract for car carriers in Vancouver Japanese shipping company secures year-round fuel supply with Seaspan Energy at Canadian port.

		Gasum’s maritime bio-LNG sales surge from 0.8% to 12.3% in 2025 Nordic energy company attributes growth to FuelEU Maritime regulation introduced in 2025.

		Valenciaport gives LNG bunkering go-ahead to Shell and Axpo Iberia Port authority approves two LNG bunkering authorisations as part of its decarbonisation strategy.

		BSM enters LCO₂ carrier segment with management of dual-fuel Northern Purpose Bernhard Schulte Shipmanagement takes over first liquefied carbon dioxide carrier for Northern Lights project.

		Fratelli Cosulich takes delivery of methanol-ready bunker tanker Anna Cosulich Vessel built in China will head to Singapore to support group's bunkering operations.