Rotterdam Market Report

Mon 20 Jun 2011, 11:46 GMT

Rotterdam Market Report

CRUDE :

Crude oil dropped to its lowest price in 4 months in New York on doubts European effort to resolve the Greek debt crisis will succeed and on concern regarding reduced economic growth and fuel demand.

BARGE MARKET:

No offers // bids.

HS ex wharf: Offers -- / Bids --

LS ex wharf 1,0%: Offers --/ Bids --

BUNKER MARKET:

Availability of all products remains very tight with high premiums to apply. Many problems at Rotterdam loading installations. Big gap in prices due to different vision in market development between suppliers. Below prices not for prompt product:

Dutch time: 11:00 hrs.

Fuel oil 380 cst rmg 35 - USD 624/628

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 672/677

Marine Gas Oil .86/LS 0,1% - USD 939/945

MGO Netherlands Rotterdam (NL)


		Port of Rotterdam secures EUR90m EIB loan for shore power installations Financing will support shore power infrastructure at three container terminals, with an EU grant also approved.

		IBIA updates biofuels training module for 2026 Updated online course covers latest regulatory developments and market trends in liquid and gaseous biofuels.

		Bureau Veritas to class all-electric trimarans for Brim Explorer Two zero-emission passenger vessels will operate in Norwegian fjords after extensive Arctic testing.

		CIMC SOE starts construction on first 9,000-cbm LNG tank project South Korean shipowner SUNBO has commissioned the tanks for 18,000-cbm LNG bunkering vessels.

		Gulf tensions expose shipping’s continued reliance on fossil fuels, says Fuelre4m Dubai-based firm warns alternative fuel infrastructure remains fragile compared to established oil and gas systems.

		CMA CGM adds 23,000-teu containership to Asia-Europe service CMA CGM Grand Palais will operate on the FAL3 route between Asia and Europe.

		WinGD to host webinar on methanol- and ethanol-flexible fuel engine technology Engine manufacturer will discuss market outlook, regulations and operational experience with alcohol-based marine fuels.

		Peninsula opens applications for 2026 graduate programmes in marine fuels trading Two-year scheme offers positions across six global locations starting in September, combining hands-on experience with structured development.

		Oilmar DMCC promotes Collin She to key account manager role She will lead strategic customer relationships and drive growth opportunities in Singapore and the wider region.

		Dorian LPG takes delivery of dual-fuel VLGC capable of carrying ammonia The 93,000-cbm Areion can run on LPG or fuel oil and transport ammonia cargoes.