Rotterdam Market Report

Mon 8 Jun 2015, 09:45 GMT

Rotterdam Market Report

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

Crude:

OPEC agreed to maintain its crude production target. WTI jumped after report that the number of rigs drilling for oil fell for the 26th consecutive week.

Bunker Market:

Big spread in indications due to supplier's different views of market.

Dutch time: 11.05 hours.

Fuel oil RMG 380 HS: 3.5%: USD 324-330

Marine Gas Oil DMA .89/ LS 0.1%: USD 553-557.

ULS fuel oil: USD 515-525.

MGO Netherlands Rotterdam (NL)


		Wah Kwong takes delivery of first LNG-ready LR2 tanker with Bureau Veritas SMART notation Frontier Venture is first in newbuild series to achieve Group 3 'augmented ship' capabilities.

		IMO calls for expert nominations for methane fuels technical seminar in May Event to cover LNG, biomethane and e-methane production, safe use and blending.

		Tsuneishi Shipbuilding delivers world’s first LNG dual-fuel Kamsarmax bulk carrier Japanese shipbuilder manufactures LNG fuel tank in-house, achieving over 50% EEDI reduction.

		Incat Crowther designs 80-metre high-speed ro-pax ferry for South Korean Yellow Sea routes Vessel will transport 572 passengers and 60 cars between Incheon and Ongjin County islands.

		Grieg Maritime Group orders GT Wings jet sails for Star Kirkenes retrofit Norwegian shipowner signs contract for two AirWing 20 units with option for three more vessels.

		Maritime Technologies Forum releases safety guidelines for wind-assisted propulsion systems New guidance helps shipping companies manage operational and technical aspects of modern wind propulsion technologies.

		Avenir lays keel for new LNG carrier and bunkering vessel Marine fuel supplier has commenced construction of Hull No. S-1123 as part of its newbuild programme.

		Aurora Hydrogen secures $3m from Oldendorff Overseas Investments for hydrogen production Investment advances microwave-driven methane pyrolysis technology that produces hydrogen from natural gas.

		Corvus Energy and Beyonder sign MoU to develop maritime battery systems Norwegian companies to explore next-generation energy storage solutions for shipping sector decarbonisation.

		Anew Climate and Avenir complete first joint bio-LNG bunkering in Europe Partnership delivers waste-based bio-LNG from Lithuania to Swedish ferry operator via Klaipėda terminal.