Rotterdam Market Report

Wed 17 Jun 2015, 11:13 GMT

Rotterdam Market Report

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

Crude:

U.S. crude prices rose on Tuesday as a tropical storm moved ashore in the oil-producing state of Texas, but global oversupply limited gains and pressured Brent futures.

Expectations that U.S. crude inventories fell again last week and strong RBOB gasoline futures also lent support.

Bunker Market:

Still some loading problems for fuel oil.

Dutch time: 10.45 hours.

Fuel oil RMG 380 HS: 3.5%: USD 330-333

Marine Gas Oil DMA .89/ LS 0.1%: USD 562-567.

ULS fuel oil: USD 525-530.

MGO Netherlands Rotterdam (NL)


		ABS introduces nuclear-ready notation for marine and offshore assets The classification society has released what it describes as an industry-first notation to support future nuclear conversion of vessels and offshore assets.

		ABS grants approval in principle for Seatrium’s NEXTGEN Energy Hub design The hub concept integrates ammonia bunkering, power generation and electric vessel charging in a single unit.

		Jumbo orders two methanol-ready L-Class heavy lift vessels from Dajin Heavy Industry Dutch heavy lift specialist Jumbo signs newbuilding contract for two 25,000-dwt vessels.

		Zhoushan completes first bonded bunker operation at Majishan port area The operation marks full fuel supply coverage across all general cargo terminals in Zhoushan's port system.

		Port of Long Beach launches $1m methanol bunkering challenge for oceangoing vessels A $1m prize aims to kick-start commercial methanol bunkering at one of North America's busiest ports.

		Greece floating nuclear study finds no fundamental barriers to implementation A PESTLE assessment of floating nuclear power plants in Greece identifies framework gaps, not feasibility barriers.

		Molgas completes LNG cool-down and bunkering for Northern Pathliner at Northern Lights terminal in Norway Operation carried out at Øygarden facility, with K Line and Integr8 Fuels in the supply chain.

		G2 Ocean expands fleet with six future-fuel ready gantry crane vessels Open hatch specialist adds vessels and jet sail technology as part of a broad fleet renewal programme.

		LNG-powered CMA CGM Adventure makes first call at the Port of Mombasa Kenya Ports Authority receives its first large LNG-fuelled container vessel.

		Maritime trio shapes IMO safety guidelines for ammonia as marine fuel Real-world operational experience feeds directly into new IMO ammonia fuel safety framework.