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)


		Venture Energy signs green methanol supply deal with Shenji Energy Hong Kong-based firm to purchase ISCC EU-certified biomass-derived methanol for shipping clients.

		Changhong International begins construction on second 11,400-teu LNG dual-fuel container ship Chinese shipbuilder starts work on vessel CHB2060, second of 18-ship series for Oceanroutes.

		Keel laid for LNG bunkering vessel Celsius Turkish shipbuilder begins construction of dual-fuel bunkering vessel for Sirius Shipping and Gasum.

		Vitol’s Marine ISTA completes record 4,900 mt bunkering operation at Karachi Port Operation marks largest fuel supply at Pakistani port, highlighting potential for regional bunkering hub development.

		Gasum and Wasaline extend bio-LNG supply agreement to 2027 Nordic energy company renews fuel supply contract with Finnish-Swedish ferry operator through 2027.

		MOL Techno-Trade completes Japan’s first truck-to-ship LNG bunkering for foreign cruise vessel Ritz-Carlton cruise ship Luminara refuelled at Nagasaki Port using truck-to-ship method on 3 April.

		Methanol-ready cable-laying vessel hull launched in Romania Shipbuilder floats hull of dual-fuel vessel designed for offshore renewable energy cable operations.

		GCMD biofuels lead receives Singapore standardisation award Dr Prapisala Thepsithar recognised for contributions to marine biofuel specification development.

		Certas Energy to attend Marine Energy Wales conference in April Marine fuel supplier to discuss sector solutions at UK marine renewable energy conference.

		Sanmar completes sea trials for 14th all-electric tugboat Turkish shipyard marks half-century in business with latest battery-powered vessel from ElectRA series.