Mon 31 Aug 2015, 10:02 GMT

Rotterdam Market Report


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



Crude:

Hedge funds couldn't have timed an increase in bullish oil positions better, just before improving prospects for U.S. growth sent crude on its biggest two-day rally in six years.

Money managers boosted their net-long position in West Texas Intermediate crude 6.2 percent last week, days before futures surged 17 percent in the last two sessions, U.S. Commodity Futures Trading Commission data show.

Signs of a strengthening economy in the U.S., the world’s biggest crude consumer, helped drive the sudden rebound after concerns that demand will wane in China had pushed futures to six-year lows. America’s gross domestic product increased 3.7 percent in the second quarter, more than most analysts had expected, and consumer purchases climbed in July as incomes grew.

Bunker Market:

Fuel oil in Rotterdam was stronger again on Friday as VLCCs are fixed to bring product to Singapore.

Dutch time: 11:00 hrs.

Fuel oil RMG 380 HS: 3.5%: USD 232-234

Marine Gas Oil DMA .89/ LS 0.1%: USD 434-438

ULS fuel oil: USD 405-410.


Kuehne+Nagel logo. Kuehne+Nagel seeks marine energy pricing analyst in Greece  

Logistics firm recruiting for role focused on bunker pricing formulas and compliance cost analysis.

Fulvio Astengo, LD Ports & Logistics. LD Armateurs to present floating ammonia terminal concept at London energy conference  

French shipowner to showcase FRESH platform design for offshore hydrogen and ammonia supply chains.

NACKS bulk carriers with rotor sails. Anemoi rotor sails complete eight years of operation on bulk carrier M/V Afros  

Lloyd’s Register survey finds no operational issues with wind propulsion system after extended service.

Mikkel Kannegaard, Bunker Holding. Bunker Holding promotes Mikkel Kannegaard to chief operating officer  

Kannegaard has led transformation of supply organisation since joining in August 2025.

London skyline. Uni-Fuels seeks general manager for London bunker trading desk  

Nasdaq-listed marine fuel supplier recruits for commercial leadership role with P&L responsibility.

VPS logo. NE Atlantic ECA will cause significant change to the current fuel mix | Steve Bee, VPS  

The possibility of off-spec issues highlights the continuing need for proactive fuel testing to protect vessels.

Kris Vedat, SmartSea. 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.

Energy Transition Outlook 2026 Hydrogen To 2060 report cover. 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.

World Shipping Council logo. 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.

Sotiris Raptis, ECSA. European Shipowners calls for ETS revenue investment and fuel supplier mandate  

ECSA urges the EU to invest €9bn in annual ETS revenues in fuel production and infrastructure.