Rotterdam Market Report

Tue 24 Feb 2015, 13:15 GMT

Rotterdam Market Report

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

Crude:

Crude fell on speculation excess global supply will accumulate after US drillers idled fewer oil rigs and Libya restarted a pipeline.

Bunker Market:

ARA product short as several cargoes leaving for Far East. Congestion at installations makes prompt product very tight. A few suppliers only quoting as from 2nd/3rd March.

Big gap in prices due to different vision suppliers have about development of market.

Dutch Time: 11.40 hours

Fuel oil RMG 380 HS 3.5% - USD 303-311

Marine Gas Oil DMA .89/ LS 0.1% - USD 555-562.

MGO Netherlands Rotterdam (NL)


		Osprey Energy seeks junior bunker trader to support Cebu trading activities from Netherlands Dutch marine fuel supplier targets Cebu region expansion through new training programme for Filipino candidates.

		KPI OceanConnect highlights falling EUA prices as opportunity for shipowners to lock in compliance costs Marine fuel supplier says timing carbon allowance purchases can reduce costs as EU emissions scope expands.

		RINA partners with Hanwha Group on battery-hybrid propulsion for ro-ro ferries Classification society to provide regulatory compliance verification for hybrid battery systems on newbuilds and retrofits.

		HGK Shipping’s Amadeus Titanium fitted with wind assistance system Coastal vessel equipped with VentoFoils at Dutch port to reduce fuel consumption on Covestro routes.

		Bunker One expands physical supply operations to Tallinn and Finland Marine fuel supplier extends Baltic Sea coverage with new operational presence in Estonia and Finland.

		Sawgrass LNG & Power completes first shore-to-ship LNG bunkering at Port Everglades Operation fuelled Ritz-Carlton Yacht Collection vessel Ilma on March 26, marking expansion of marine LNG infrastructure.

		Avenir LNG completes first ship-to-ship LNG bunkering of ferry in Klaipeda Operation marks Lithuania’s first STS LNG bunkering of a ferry, expanding Avenir’s Baltic operations.

		Auramarine to host webinar on ammonia fuel supply systems and safety considerations Finnish marine equipment provider schedules 16 April session on ammonia as an alternative fuel for shipping.

		Hong Kong launches world’s first government-led green maritime fuel trainer programme Three-day course aims to certify trainers in alternative fuels, including ammonia, methanol and hydrogen.

		The emergence of B100 FAME in a volatile distillate market \| Paul Hoather, VPS VPS UK Sales Manager provides recommendations following increased B100 usage due to price dynamics.