Rotterdam Market Report

Mon 17 Aug 2015, 10:15 GMT

Rotterdam Market Report

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

Crude:

World fuel indices changed irregular today amid signs the global glut that's driven prices to the lowest in six years will be prolonged.

The market surplus will last through 2016, the International Energy Agency said Wednesday, while OPEC reported that its output climbed last month to the highest level in more than three years. A measure of price fluctuations is poised for a second weekly advance amid mixed demand signals from China.

Bunker Market:

Loading problems in Rotterdam are becoming better.

Dutch time: 11:25 hrs.

Fuel oil RMG 380 HS: 3.5%: USD 235-238

Marine Gas Oil DMA .89/ LS 0.1%: USD 438-442

ULS fuel oil: USD 415-420.

MGO Netherlands Rotterdam (NL)


		Smart ships failing to convert data into actionable intelligence, warns SmartSea Maritime technology firm claims vessels collect vast amounts of data but lack integration to support decision-making.

		DNV forecasts 100-fold growth in clean hydrogen by 2060, with China leading expansion Classification society projects $3.2tn investment in hydrogen sector, with maritime accounting for 15% of clean hydrogen use.

		Dual-fuel container ship and vehicle carrier fleet surpasses 1,200 vessels World Shipping Council reports 65% year-on-year increase in operational dual-fuel vessels to 440 ships.

		European shipowners call for ETS revenue investment and fuel supplier mandate ECSA urges the EU to invest €9bn in annual ETS revenues in fuel production and infrastructure.

		Singapore bunker industry urged to prioritise resilience and collaboration SSA committee vice chair highlights energy security and crisis readiness at Marine Fuels Forum 2026.

		TFG Marine receives bunker safety award from Singapore maritime authority Marine fuel supplier recognised for safety standards and operational performance at MPA Marine Fuel Forum.

		Bunker surveyor sought in Rotterdam to meet increased demand Dutch firm MCE Marine Surveyors is recruiting for a quantitative fuel inspection role.

		GCMD highlights BHP biofuel trials to address scaling challenges in maritime decarbonisation Mining company discusses need for traceability and coordinated progress across supply, cost and operational readiness.

		Peninsula implements energy efficiency measures across bunker supply fleet Marine fuel supplier focusing on data-driven upgrades and operational measures to cut consumption.

		Centrica Energy gains ISCC certification to trade certified bio-LNG The energy trading arm of Centrica plc can now trade certified bio-LNG with customers.