Rotterdam Market Report

Tue 16 Jun 2015, 10:58 GMT

Rotterdam Market Report

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

Crude:

Oil fell for a third day on speculation the highest production in decades from the U.S. and OPEC's largest members will keep global markets oversupplied. Brent crude oil prices dipped on strong global output.

Bunker Market:

Stable market.

Dutch time: 11.35 hours.

Fuel oil RMG 380 HS: 3.5%: USD 326-328

Marine Gas Oil DMA .89/ LS 0.1%: USD 551-554.

ULS fuel oil: USD 520-526.

MGO Netherlands Rotterdam (NL)


		Abrasive reality: How elevated cat fines can damage marine engines \| VPS A guide on how to manage cat fine levels and avoid engine damage.

		European shipowners control 34.5% of global fleet but lag on sustainable fuel production New study highlights Europe’s shipping dominance while warning of Asia’s lead in alternative fuel development.

		O Bunkering announces new board of directors following merger Marine fuel supplier forms board to guide strategic direction and governance after recent merger.

		Clean ammonia project pipeline reaches 144 MMT by 2034 as industry advances Gena Solutions tracks 327 clean ammonia projects, with four reaching development milestones in April.

		O Bunkering and Marafi Services announce merger Omani firms join forces to accelerate growth and improve operational efficiency.

		OOCL orders twelve 13,600-teu LNG dual-fuel container vessels from Chinese shipbuilder Hong Kong-based carrier’s first LNG-powered vessels mark entry into alternative fuel segment.

		Cosulich launches second methanol-ready bunker vessel at Chinese shipyard Lucia Cosulich is the second of four sister vessels being built for alternative fuel bunkering.

		Wärtsilä Gas Solutions secures order for LNG systems on four bunkering vessels GSX Energy orders systems for vessels being built at Chinese shipyard Nantong CIMC Sinopacific.

		Chimbusco Pan Nation delivers 2,500 mt of B100 biodiesel in China’s largest single bunkering Hong Kong operation claims 89% greenhouse gas emissions reduction compared with conventional marine fuel.

		IBIA appoints three new members to Asia regional board Caroline Yang, Diana Mok and Francois-Xavier Accard join the board following unanimous approval.