Rotterdam Market Report

Tue 24 Nov 2015, 13:11 GMT

Rotterdam Market Report

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

Crude:

World fuel indices changed irregular after rather volatile session. In the first part of the session, prices rose as much as 1 percent after Saudi Arabia claimed to work on price stability. As a part of the process it is ready to work with other oil producing and exporting countries to stabilize prices. Meanwhile OPEC has been pumping above its target for 17 months as it seeks to take market share from higher-cost producers.

Bunker Market:

Still a lot of product available in ARA. No loading problems reported.

Dutch time: 11.30 hrs

Fuel oil RMG 380 HS: 3.5%: USD 195-198

Marine Gas Oil DMA .89/ LS 0.1%: USD 383-387

ULS fuel oil: USD 360-365.

MGO Netherlands Rotterdam (NL)


		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.

		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.

		World Fuel Services seeks marine lubricants sales executive in Greece US firm is recruiting for a commercial role based in Glyfada.

		CCS supports first STS methanol bunkering operation for newbuild at Zhejiang yard Zhoushan becomes China’s second port capable of routine ship-to-ship methanol bunkering operations.

		FueLNG completes 800th LNG bunkering operation in Singapore Marine fuel supplier completes landmark LNG delivery at world's largest bunker port.

		Ardmore Shipping posts 14% fleet emissions reduction in 2025 sustainability report Ardmore Shipping’s annual sustainability report highlights emissions cuts, safety gains and governance rankings across its tanker fleet.

		SEA-LNG mid-year review points to continued growth across methane pathway as coalition marks tenth anniversary LNG orders, bunkering volumes and biomethane production all rise as SEA-LNG gains IMO consultative status.

		Econowind receives DNV type approval for VentoFoil 3-Series wind propulsion wing DNV certification set to streamline integration of VentoFoils on classed vessels worldwide.

		Wärtsilä to supply ammonia engines and propulsion systems for two Navigator Amon gas carriers Mid-size LPG/liquid ammonia carriers will be equipped with Wärtsilä’s ammonia-fuelled auxiliary engines.

		Genevos and Koedood Marine Group sign LOI to explore hydrogen fuel cell deployment Two companies to collaborate on the use of hydrogen fuel cell systems for inland and coastal maritime transport.