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.


Methanol bunker fuel delivery. World Fuel Services and West Coast Clean Fuels launch methanol bunkering across US ports  

First over-the-water methanol delivery completed in South Florida with Coast Guard-approved procedures.

Valerie Ahrens. Burando Energies appoints Valerie Ahrens as global head of methanol  

Ahrens brings more than 30 years of energy sector experience to the marine fuels supplier.

New Sea Generation (NSG) logo. New Sea Generation seeks junior bunker trader in Greece  

Greek bunker firm advertises role requiring commitment to demanding work schedule and operational responsibilities.

Person signing a document. IINO Lines secures sustainable shipping finance for methanol dual-fuel VLCC  

Japanese shipowner signs impact financing agreement with Mizuho Bank for alternative-fuel tanker.

Fluxys logo. Fluxys Belgium reports EUR74.9m profit as LNG flows surge and hydrogen infrastructure begins  

Belgian gas infrastructure operator’s 2025 net profit fell 8.8% amid hydrogen and CO₂ investments.

VPS logo. Shale oil components detected in Singapore marine fuel | VPS  

VPS testing identifies 90,000 mt of delivered VLSFO containing Estonian shale oil compounds.

Constantinos Capetanakis, Star Bulk. IBIA chair completes two-year term, citing expansion in regulatory engagement and membership  

Outgoing chair to remain on Global Board and lead Future Fuels and Bunker Buyers’ working groups.

Aerial view of a container vessel. LNG and methanol investments risk becoming 'dead ends' for shipping decarbonisation, UCL study finds  

Research warns transitional marine fuels may lock in fossil infrastructure rather than enabling an ammonia pathway.

Vitalii Protasov, GENA Solutions Oy. Protasov: Renewable fuel supply could meet shipping demand, but offtake agreements remain a barrier  

GENA Solutions CEO highlights project pipeline growth but warns regulatory uncertainty hampers investment decisions.

Frontier Venture vessel. Wah Kwong takes delivery of first LNG-ready LR2 tanker with Bureau Veritas SMART notation  

Frontier Venture is first in newbuild series to achieve Group 3 'augmented ship' capabilities.