Rotterdam Market Report

Fri 18 Dec 2015, 11:58 GMT

Rotterdam Market Report

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

Crude:

Oil prices fell as much as 2 percent on Thursday, with Brent trading near 11-year lows, as data showing fresh supply builds at the delivery point for U.S. crude futures added to worries about a global glut.

Bunker Market:

Market still looks oversupplied even though there are a lot of ships loading for Far East.

Dutch time: 10.45 hrs

Fuel oil RMG 380 HS: 3.5%: USD 140-143

Marine Gas Oil DMA .89/ LS 0.1%: USD 293-296

ULS fuel oil: USD 270-273.

MGO Netherlands Rotterdam (NL)


		World Fuel seeks marine lubricants operations and sales executive in Greece US firm is recruiting for a commercial role focused on marine lubricants, based out of its Glyfada office.

		Chimbusco Pan Nation extends B100 biodiesel bunkering to oil tankers as quarterly volumes triple Hong Kong bunker supplier CPN says Q2 B100 deliveries have exceeded Q1 totals by more than 300%.

		European shipowners call for fuel supplier mandates and ETS revenue investment ahead of policy revision Industry body urges EU policymakers to redirect carbon revenues into clean marine fuel production.

		Exmar takes delivery of world’s first dual-fuel ammonia oceangoing vessel Belgian shipowner Exmar has taken delivery of what it says is the first oceangoing vessel powered by a dual-fuel ammonia engine.

		MOL and JAL partner with Lloyd’s Register and REGENT to advance Seaglider certification in Japan Four organisations join forces to establish regulatory pathways for electric wing-in-ground craft ahead of a targeted 2030 commercial launch.

		Keel laid for world’s largest LNG carrier at China’s Hudong-Zhonghua shipyard Construction begins on a 271,000-cbm QC-Max vessel, the largest LNG carrier ever built.

		Port of Las Palmas completes first LNG bunkering operation Baleària Canarias’ new fast ferry receives LNG via tanker truck in milestone delivery.

		IBIA opens registration for 2026 annual convention in New York Bunker industry body opens delegate registration and sponsorship for its November convention.

		LD Armateurs launches second low-emission ro-ro vessel for Airbus charter fleet French shipowner LD Armateurs has launched its second methanol-capable, rotor sail-equipped ro-ro vessel at a Chinese shipyard.

		Verde Marine Energy renews ISCC EU certification and achieves RED III compliance Dutch bunker supplier Verde Marine Energy says it is now fully compliant with the EU's updated renewable energy rules.