Rotterdam Market Report

Wed 14 Oct 2015, 09:35 GMT

Rotterdam Market Report

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

Crude:

Oil prices, which rose earlier on Tuesday, turned negative after the release of the IEA report. The International Energy Agency predicts global oil markets will remain oversupplied next year as demand growth slows and Iranian exports are poised to recover with the lifting of sanctions.

Bunker Market:

Some congestion for loading fuel oil barges in Rotterdam.

Dutch time: 11:00 hrs.

Fuel oil RMG 380 HS: 3.5%: USD 227-229

Marine Gas Oil DMA .89/ LS 0.1%: USD 426-429

ULS fuel oil: USD 385-390.

MGO Netherlands Rotterdam (NL)


		Naming ceremony held for LPG dual-fuel ammonia carrier VLAC Meera named during event held in China on 10 July.

		IMO adopts Singapore-led resolution on protection of shipping lanes Thirty co-sponsors back a resolution reaffirming navigational rights under international law.

		TT-Line orders second LNG-hybrid battery ferry for Baltic Sea operations German ferry operator doubles down on LNG-hybrid technology with a second next-generation newbuild.

		CMA CGM Notre Dame receives first European bio-LNG bunkering during Rotterdam maiden call LNG-powered container ship takes on bio-LNG derived from agricultural waste.

		Fincantieri marks 30 years with Carnival as steel cutting begins for new LNG-powered Carnival Destiny Italian shipbuilder Fincantieri has begun construction of the first of three new Ace-class ships for Carnival Cruise Line.

		DP World and Svitzer bunker first HVO-fuelled harbour tug at London Gateway Carbon inset scheme expands as tug switches from marine diesel to HVO.

		Venture Energy and Sinopec HK complete 'Hong Kong’s largest ever green bunkering' Delivery of 1,000 tonnes of methanol to ro-ro vessel hailed as new record for Hong Kong.

		Seascale Energy appoints Soo Yong Koo as business development director Industry veteran hired to drive customer growth in Asia and beyond.

		Wallenius Wilhelmsen takes delivery of first methanol-ready Shaper Class vessel The dual-fuel Arctic Tern will enter service on the Asia–Europe trade almost immediately.

		Hapag-Lloyd signs shore power agreement with Hamburg Port Authority Deal commits the carrier to using onshore power supply at all Hamburg terminals.