Tue 17 Nov 2015, 10:43 GMT

Rotterdam Market Report


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



Crude:

World fuel indices climbed on rising tensions in Europe and the Middle East as a result of terrorist attacks in Paris. Total oil stockpiles in developed nations rose by 13.8 million barrels in September (a month when they typically decline).

In the U.S., rigs targeting oil rose by 2 to 574 after more than 100 were idled since the start of September. Meanwhile the nation's crude stockpiles remain more than 100 million barrels above the five-year seasonal average after inventories rose for a seventh week through Nov. 6.

A kind of supportive factor to fuel indexes could be decline of the daily OPEC Basket Price to $39.21 a barrel on Nov. 13. OPEC ministers will meet to review their current policy on Dec. 4 in Vienna.

Bunker Market:

Platts shows very low prices as Brent went down to $43.22 during MOC. Still plenty of product available and no loading problems reported.

Dutch time: 11.10 hrs

Fuel oil RMG 380 HS: 3.5%: USD 192-195

Marine Gas Oil DMA .89/ LS 0.1%: USD 387-390

ULS fuel oil: USD 360-365.


Proteus Supply and Trading and Propeller Fuels logo. Propeller Fuels and Proteus Supply and Trading form commercial partnership to expand Americas coverage  

US-based Proteus and UK-based Propeller Fuels unite operations across the Americas and beyond.

Kasif Kalkavan vessel. Turkon Line’s LNG-powered Kaşif Kalkavan makes maiden call at Marport  

Türkiye’s largest domestically built LNG-fuelled container ship has docked at Marport for the first time.

Vinoth Kumar, Flex Commodities. Flex Commodities appoints Vinoth Kumar as general accountant  

Dubai-based bunker trader strengthens finance team with new accounting hire.

Kota Elok vessel. PIL's first LNG dual-fuel boxship receives cybersecurity certification on Singapore maiden call  

Pacific International Lines' 13,000-teu vessel Kota Elok becomes the first PIL ship certified to IACS cyber-resilience standards.

Princess cruise ship. Wärtsilä and Carnival Corporation sign 8-year lifecycle agreement for LNG-fuelled cruise vessels  

Deal covers four vessels across the Princess Cruises and Carnival Cruise Line fleets.

Antwerpen vessel. Exmar vessel completes first commercial voyage on ammonia dual-fuel  

Antwerpen sailed from China to India using ammonia in dual-fuel mode during commercial service.

Keel-laying ceremony of vessel with builder's hull no. CHB3016. Changhong International launches ninth LR2 tanker in Navios series  

Vessel includes future methanol and LNG conversion capability as well as shore power provision.

ECSA logo. European shipowners back EU ETS revenue earmarking but warn proposal falls short on clean technology support  

ECSA welcomes fuel support and revenue earmarking but calls for broader technology eligibility and a clear IMO withdrawal clause.

World Shipping Council logo. WSC backs EU ETS fuel revenue reinvestment but warns over port competitiveness rules  

The World Shipping Council welcomes proposed ETS fuel mechanism changes but flags concerns over neighbouring port proposals.

Green methanol bunkering vessel render. Western Baltic Engineering unveils green methanol bunkering vessel concept for Klaipėda  

Concept vessel design features an 800-tonne capacity and annual supply potential of 250,000 tonnes.