Rotterdam Market Report

Wed 11 Mar 2015, 11:53 GMT

Rotterdam Market Report

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

Crude:

A rallying dollar sent oil prices sharply lower, with Brent falling more than US crude as players took profits on recent highs in Brent's premium, traders said.

Bunker Market:

Loading situation improving, but prompt product remains tight.

Dutch Time: 12.05 hours

Fuel oil RMG 380 HS 3.5% - USD 286-290

Marine Gas Oil DMA .89/ LS 0.1% - USD 529-535.

MGO Netherlands Rotterdam (NL)


		Battery-methanol harbour tug completes sea trials ahead of Gothenburg deployment Svitzer Balder is claimed to be the most powerful electric escort tug in the world.

		Changhong International launches fourth LR2 tanker for Navios Chinese shipbuilder floats 115,000-tonne LR2/Aframax product tanker with methanol and LNG conversion capability.

		Nippon Yuka Kogyo launches lubrication oil analysis service for ammonia-fuelled engines Japanese company offers condition monitoring service to support adoption of ammonia as a marine fuel.

		CIMC Pacific Offshore Engineering advances two 20,000-cbm LNG bunkering vessel projects Two sister vessels for Singapore and Luxembourg owners reach construction milestones in China.

		Singapore maritime sector to accelerate AI adoption under new partnership MPA and SSA sign MOU to support AI implementation across shipping operations and bunkering.

		Portland Port receives licence for LNG ship-to-ship transfer operations UK port can now support direct LNG transfers, reducing transit times and streamlining logistics operations.

		Seafarer training must match pace of alternative fuel adoption, says Stream Marine Training Training provider highlights regulatory gap as methanol, ammonia and hydrogen gain traction in shipping.

		Jiangnan Shipyard delivers final methanol-ready car carrier to Anji Logistics The 9,500-vehicle capacity vessel completes a 12-ship series built for SAIC’s logistics arm since 2022.

		Nippon Biofuel secures METI funding for Africa-based marine biofuel supply chain Japanese company to establish Jatropha cultivation and biofuel production facilities in Mozambique and Ghana.

		Everllence’s ammonia-fuelled engine passes factory acceptance test ahead of October delivery Engine built by HHI-EMD will power Eastern Pacific Shipping’s very large ammonia carriers.