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Thu 1 Oct 2015, 12:32 GMT

Rotterdam Market Report


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

Crude:

World fuel indices demonstrated slight irregular changes today. Warplanes from Russia carried out air strikes against Islamic State targets in Syria, feeding worries about growing war in the Middle East. US crude stockpiles rose 3.96 million barrels to 457.9 million in the week ended Sept. 25. Meanwhile, output from the Organization of Petroleum Exporting Countries fell by 233,000 barrels to 32.048 million a day this month. In September, Saudi Arabia reduced output by 200,000 barrels a day to 10.3 million, Iranian production fell by 100,000 barrels a day to 2.8 million, Iraqi production decreased 85,000 barrels a day to 4.214 million and Libyan output slipped 5,000 barrels a day to 350,000 this month, the lowest level since February.

Bunker Market:

Market up in line with crude. Big differences in gasoil prices as suppliers have different views on the market.

Dutch time: 11:20 hrs.

Fuel oil RMG 380 HS: 3.5%: USD 218-220

Marine Gas Oil DMA .89/ LS 0.1%: USD 444-454

ULS fuel oil: USD 405-410.

MGO   Netherlands  Rotterdam (NL) 
Bankruptcy filing documents. Liquid Wind parent company declared bankrupt, business put up for sale  

Swedish e-fuel facility developer enters bankruptcy proceedings, with subsidiaries across three Nordic countries now available for acquisition.
Corvus Energy and BYD Energy Storage strategic agreement signing. Corvus Energy and BYD Energy Storage sign strategic agreement for marine battery development  

Norway-based Corvus and Chinese firm BYD formalise partnership for next-generation lithium iron phosphate systems.
Tide Talks hydrogen webinar graphic. EMSA to host webinar on hydrogen as marine fuel  

Second episode of Tide Talks series scheduled for 29 June draws on agency studies.
Keel-laying ceremony of vessel with builder's hull no. CHB2047. Keel laid for MSC 19,000-teu LNG dual-fuel container ship  

Vessel CHB2047 is being built at Changhong International’s Daishan facility in Zhoushan.
Keys Azalea vessel. NYK achieves over 90% methane oxidation in LNG engine catalyst trial  

Japanese shipping company reports results from onboard test of system designed to reduce methane slip.
We are hiring graphic. Uni-Fuels seeks general manager for Houston bunker trading desk  

Nasdaq-listed marine fuel seller advertises for commercial leader to oversee P&L and customer relationships.
M2I2 grant award event. Emvolon wins Massachusetts grant for biomethane-to-biomethanol conversion system  

Technology converts biomethane into biomethanol at source, with applications including sustainable aviation fuel production.
Nikolaj Holm Kristensen and Tobias Laugesen, Malik Energy. Malik Energy expands team with two new hires in Denmark  

Marine fuel supplier adds chemicals specialist and supplier to Fredericia and Aalborg offices.
Soil boring tests. Straits Bio-LNG reports favourable soil test results for jetty construction  

Preliminary soil boring tests show shallower depth than expected at Singapore-based company’s jetty site.
Evangelia Tsimpidi, Flex Commodities. Flex Commodities hires Trafigura operator for Greek bunker deliveries  

Evangelia Tsimpidi joins from Trafigura Maritime Ventures with experience in ARA and US markets.




   Fuels & Propulsion

Ammonia B100 B24 B30 Bio-LNG/LBM Biofuel Biogas Biomethanol Dual-fuel E-fuel E-methane/e-NG Electric Ethanol FAME Green hydrogen Green/e-ammonia HVO Hydrogen LNG LPG Lubes Methanol MGO Nuclear UCOME ULSFO VLSFO Wind power



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