Rotterdam Market Report

Thu 3 Mar 2016, 11:25 GMT

Rotterdam Market Report

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

Crude:

In spite of massive build in US crude stocks crude numbers firmed. The volatility is decreasing. Saudi Arabia's decision to raise oil prices to its main customers in Asia may be a sign that crude markets are on the road to recovery.

Bunker Market:

Even though crude increased market lower due to much availability in Rotterdam. Prompt product more expensive. Big gap in prices due to different vision of suppliers about market development.

Dutch time: 11:40 hrs

Fuel oil RMG 380 HS: 3.5%: USD 143-146

Marine Gas Oil DMA .89/ LS 0.1%: USD 306-311

ULS fuel oil: USD 281-284.

MGO Netherlands Rotterdam (NL)


		Oilmar DMCC seeks bunker traders for Singapore office Marine fuel trading firm is recruiting mid-level and senior professionals to expand Asia-Pacific marine fuels operations.

		Oilmar DMCC seeks senior bunker trader for Dubai operations Dubai-based energy firm recruits experienced marine fuels trader to expand Middle East portfolio.

		Zhoushan Changhong secures orders through 2029 with LNG dual-fuel container ships Chinese shipyard reports full order book as it constructs 19,000-teu vessels for MSC Group.

		K Line secures long-term bio-LNG supply for car carrier fleet Japanese shipping company expects to reduce greenhouse gas emissions by 60,800 tonnes annually.

		Methanol- and ammonia-ready container ship delivered to ONE Approval in Principle obtained from Lloyd’s Register for future methanol and ammonia fuel conversion.

		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.

		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 seeks junior bunker trader in Greece Greek bunker firm advertises role requiring commitment to demanding work schedule and operational responsibilities.

		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 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.