Rotterdam Market Report

Mon 1 Feb 2016, 11:42 GMT

Rotterdam Market Report

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

Crude:

Crude futures followed global equities higher on Friday after the Bank of Japan surprised the market by adopting negative interest rates, though the cut also sparked a US dollar rally, limiting oil's increase.

Bunker Market:

Still quiet market, gap in prices due to different views between suppliers about market development.

Dutch time: 13:15 hrs

Fuel oil RMG 380 HS: 3.5%: USD 155-160

Marine Gas Oil DMA .89/ LS 0.1%: USD 286-290

ULS fuel oil: USD 261-265.

MGO Netherlands Rotterdam (NL)


		Proteus Supply and Trading and Propeller Fuels form commercial partnership to expand Americas coverage US-based Proteus and UK-based Propeller Fuels unite operations across the Americas and beyond.

		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.

		Flex Commodities appoints Vinoth Kumar as general accountant Dubai-based bunker trader strengthens finance team with new accounting hire.

		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.

		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.

		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.

		Changhong International launches ninth LR2 tanker in Navios series Vessel includes future methanol and LNG conversion capability as well as shore power provision.

		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.

		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.