Wed 3 Jun 2015, 11:09 GMT

Rotterdam Market Report


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



Crude:

Oil rose to a three-week high in New York on speculation U.S. inventories posted their longest stretch of declines since August, while the dollar weakened. Saudi Arabia said its efforts to focus on market share are working, bolstering speculation that OPEC will maintain its production target at this week's meeting.

Oil's 40 percent rebound from a six-year low is supporting the strategy of the Organization of Petroleum Exporting Countries to keep pumping into a global glut. The group, which supplies about 40 percent of the world's oil, will keep its quota unchanged at 30 million barrels a day, according to all but one of 34 traders and analysts in a Bloomberg survey.

Bunker Market:

Loading problems for fuel in Rotterdam are easing but prompt deliveries still a bit tight. No gasoil loading problems reported.

Dutch time: 11.10 hours.

Fuel oil RMG 380 HS: 3.5%: USD 342-344

Marine Gas Oil DMA .89/ LS 0.1%: USD 574-578.

ULS fuel oil: USD 535-538.


Ardmore Shipping logo. Ardmore Shipping posts 14% fleet emissions reduction in 2025 sustainability report  

Ardmore Shipping’s annual sustainability report highlights emissions cuts, safety gains and governance rankings across its tanker fleet.

Peter Keller, SEA-LNG. SEA-LNG mid-year review points to continued growth across methane pathway as coalition marks tenth anniversary  

LNG orders, bunkering volumes and biomethane production all rise as SEA-LNG gains IMO consultative status.

Heinz vessel. Econowind receives DNV type approval for VentoFoil 3-Series wind propulsion wing  

DNV certification set to streamline integration of VentoFoils on classed vessels worldwide.

Wärtsilä ammonia engine Wärtsilä to supply ammonia engines and propulsion systems for two Navigator Amon gas carriers  

Mid-size LPG/liquid ammonia carriers will be equipped with Wärtsilä’s ammonia-fuelled auxiliary engines.

Phil Sharp and Toon Muhlheim. Genevos and Koedood Marine Group sign LOI to explore hydrogen fuel cell deployment  

Two companies to collaborate on the use of hydrogen fuel cell systems for inland and coastal maritime transport.

Samskip SeaShuttle vessel render. Samskip brings SeaShuttle project into European HyShip initiative to develop liquid hydrogen infrastructure  

Two hydrogen-powered container vessels will operate between Rotterdam and Oslo from 2027.

Antwerpen vessel. Korea Register and HD Hyundai team up to advance ammonia-fuel shipping in South Korea  

Two organisations are cooperating on eco-friendliness verification for ammonia dual-fuel vessels.

Fabio Cococcetta, WinGD. Green ammonia could become the first commercially viable zero-emission marine fuel, WinGD study suggests  

Joint report by WinGD and Envision Energy sets out the economic case for green ammonia.

Rasul Shirinov, Oilmar. Oilmar appoints junior marine fuels trader at Dubai trading desk  

UAE-headquartered bunker firm hires Rasul Shirinov, with a background in the agricultural sector.

Antonia Maersk vessel. Maersk bunkers large dual-fuel vessel with 100% ethanol in Barcelona  

Ocean carrier scales up ethanol bunkering in bid to broaden its low-emission fuel strategy.