Mon 26 Oct 2015, 11:44 GMT

Rotterdam Market Report


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



Crude:

World fuel indices declined on U.S.rig count and stockpiles build up. The U.S. oil rig count slid by 1 this week to 594, adding to the 80 sidelined in the previous seven weeks and extending a five-year low. Crude also fell as the dollar strengthened, reducing oil's investment appeal. U.S. crude stockpiles rose for a fourth week to 476.6 million barrels and were just 3 percent lower than their highest level in at least three decades in April, while production remained unchanged at 9.1 million barrels a day. Supplies at Cushing, Oklahoma, the delivery point for WTI futures and the biggest U.S. oil-storage hub, fell by 78,000 barrels, the first drop in three weeks.

Bunker Market:

Stable market. No problems reported.

Dutch time: 11:10 hrs.

Fuel oil RMG 380 HS: 3.5%: USD 216-218

Marine Gas Oil DMA .89/ LS 0.1%: USD 408-411

ULS fuel oil: USD 375-380.


Dubai skyline. Oilmar seeks senior bunker trader for Dubai office  

Experienced trader with proven P&L responsibility sought by UAE-headquartered firm.

CFD simulation of vessel with three eSAILs. ABS reviews bound4blue’s Pwind calculation methodology for eSAIL wind propulsion systems  

Independent review aims to ease regulatory compliance and accelerate adoption of suction sail technology.

Port of Rotterdam aerial view. Port of Rotterdam appoints new programme manager for bunkering  

Astrid Sonnevelt has a background in renewable products, business development and emissions reduction.

Merlion statue in Singapore. Oilmar seeks bunker trader for Singapore office  

Marine fuels trading role open to mid-level and senior-level candidates.

Floating hydrogen terminal render. Höegh Evi and Nord Gas Solutions complete ammonia-to-hydrogen cracking tests in Norway  

Pilot cracker achieves 99.5% hydrogen purity, supporting floating terminal deployment plans across Europe.

Lucia Cosulich vessel. Fratelli Cosulich Marine Energy takes delivery of second methanol-ready bunker tanker  

Lucia Cosulich is second of four sister vessels in the group’s fleet expansion programme.

Grimaldi ro-ro passenger vessel render. AYK Energy secures nine-vessel battery deal with Grimaldi Group  

New ro-pax vessels will feature multi-fuel engines capable of running on methanol.

World Fuel logo. World Fuel hiring Korean-speaking bunker trader for Singapore hub  

Bunker trader sought to cover Korea and the wider region.

Aerial view of a container vessel. EU ETS 2026 review raises cost predictability concerns for European shippers  

European Shippers' Council warns that carbon market reforms could affect logistics planning and competitiveness.

Grande Oriente vessel. Grimaldi takes delivery of 12th ammonia-ready car carrier Grande Oriente  

Naples-based firm says its latest PCTC halves fuel consumption compared with earlier-generation vessels.