Rotterdam Market Report

Tue 17 Mar 2015, 11:48 GMT

Rotterdam Market Report

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

Crude:

WTI hit six-year lows on signs of higher output in the US/Libya and a possible nuclear deal that could end sanctions for Iran, allowing more of its oil into the market.

Bunker Market:

Prompt product remains tight. Cargoes leaving for Far East compensated by slow bunker demand.

Dutch Time: 11.07 hours

Fuel oil RMG 380 HS 3.5% - USD 276-279

Marine Gas Oil DMA .89/ LS 0.1% - USD 496-502.

MGO Netherlands Rotterdam (NL)


		Rotterdam Shore Power and RST sign agreement to bring shore power to shortsea terminal by 2030 Shore power partnership at Rotterdam’s RST terminal targets AFIR compliance and reduced ship emissions at berth by end of decade.

		Equatorial Marine Fuel receives dual sustainability recognitions in 2026 Singapore-based bunker firm earns the LowCarbonSG logo and an EcoVadis Bronze Medal.

		Red Sea diversions and Mediterranean emissions rules set to squeeze bunker supply, warns Peninsula Bunker supplier Peninsula warns rerouted tankers face soaring fuel costs and regulatory penalties.

		Changhong International undocks seventh LNG dual-fuel container ship for MSC Vessel is part of a series fitted with ammonia-ready and methanol-ready provisions.

		IBIA urges further investigation into marine fuel concerns linked to shale oil components Industry body says evidence does not establish a direct link between shale oil and reported operational issues.

		ABS grants AiP for LNG bunkering barge design Samsung Heavy Industries and Conrad Shipyard receive AiP for basic design under joint development.

		ABB and Econowind combine wind propulsion with digital routing to cut ship emissions The partnership integrates wind-assisted propulsion with weather routing to reduce fuel consumption.

		Peninsula seeks junior cargo trader for Dubai role Position centres on the procurement of marine fuels, blending components and associated products.

		Island Oil opens operations to students in summer internship programme Cyprus-based firm gives students hands-on experience across its bunker business.

		New 20,000-cbm LNG bunkering vessel for Somtrans Group launched at Chinese yard Exmar’s newbuilding supervision team oversaw the launch at CIMC Group’s shipyard in Qidong, China.