Rotterdam Market Report

Wed 29 Apr 2015, 14:06 GMT

Rotterdam Market Report

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

Crude:

Brent crude futures slipped on Tuesday ahead of weekly U.S. crude inventory data that is expected to show another record build, but a weaker dollar curbed losses.

Oil prices dipped on Wednesday as oversupply and weak demand outweighed uncertainty in Saudi Arabia where King Salman relieved the crown prince as well as several senior ministers and the chief executive of national oil company Saudi Aramco.

Bunker Market:

1st of May is a national holiday in Belgium and Germany. Stable market

Dutch time: 11.10 hours.

Fuel oil RMG 380 HS 3.5% - USD 332-334

Marine Gas Oil DMA .89/ LS 0.1% - USD 565-568.

MGO Netherlands Rotterdam (NL)


		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.

		LPC and Gram Marine launch marine lubricants hub in Cameroon Partnership will supply Cyclon and Avin Oil marine lubricants to vessels at West African ports.

		Bunker One expands ULSFO 0.10% supply across northern Germany Supplier adds Weser River ports to network, including Bremerhaven, Bremen, Brake, and Nordenham.

		NYK Line, Golden Island and Yara Clean Ammonia sign term sheet for Singapore ammonia bunkering venture Three companies agree to explore marketing and supply of low-carbon ammonia fuel in Singapore.

		IMO committee to discuss Net-Zero Framework and North-East Atlantic NOx ECA MEPC 84 to consider 57 documents submitted for consideration on the reduction of greenhouse gas emissions.

		Capetanakis: Bunker Buyers Working Group not a pricing forum Past Chair says aim of working group is to ensure the perspective of buyers is reflected in policy work.

		Petronor and H2SITE to deploy membrane technology for hydrogen separation at Spanish refinery Partnership aims to integrate membrane reactor into steam methane reforming process to enhance efficiency.