Rotterdam Market Report

Fri 7 Aug 2015, 10:01 GMT

Rotterdam Market Report

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

Crude:

The price of North Sea crude, which underpins the Brent oil benchmark, has fallen after a super tanker heading to South Korea unexpectedly turned back, leaving supply more ample, traders and analysts said.

The move effectively increases supply in the backyard of the Brent benchmark, and price differentials of Forties crude and the outright price of Brent itself have weakened. Brent crude futures are trading below $50 a barrel, a six-month low.

Bunker Market:

Prompt supply remains tight due to delays in barge loading.

Dutch time: 11.05 hrs.

Fuel oil RMG 380 HS: 3.5%: USD 255-257

Marine Gas Oil DMA .89/ LS 0.1%: USD 445-448

ULS fuel oil: USD 420-425.

MGO Netherlands Rotterdam (NL)


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		Peninsula opens applications for 2026 graduate programmes in marine fuels trading Two-year scheme offers positions across six global locations starting in September, combining hands-on experience with structured development.

		Oilmar DMCC promotes Collin She to key account manager role She will lead strategic customer relationships and drive growth opportunities in Singapore and the wider region.

		Hong Kong completes first green methanol bunkering with CCS support China Classification Society provides technical oversight for methanol-fuelled vessel's inaugural Hong Kong refuelling operation.

		Dorian LPG takes delivery of dual-fuel VLGC capable of carrying ammonia The 93,000-cbm Areion can run on LPG or fuel oil and transport ammonia cargoes.

		RINA awards ISCC EU certification to OLT Offshore LNG Toscana for bio-LNG supply Certification enables bio-LNG use in the EU as a renewable fuel under RED II and RED III directives.

		WSC calls for safe maritime corridor as 20,000 seafarers remain trapped in the Persian Gulf Industry body urges IMO member states to establish safe passage and supply access.

		Auramarine to host webinar on ammonia as marine fuel in April Finnish firm will explore ammonia’s role in maritime decarbonisation at its third spring webinar.

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		Bureau Veritas verifies methane emissions on Brittany Ferries’ LNG vessels Verification enables ferry operator to report measured methane slip instead of regulatory default values.