Rotterdam Market Report

Thu 23 Jun 2011, 10:57 GMT

Rotterdam Market Report

CRUDE :

Rising crude numbers as a government report showed U.S. supplies fell this week and refineries increased operating rates to their highest levels in 10 months. Greek Prime Minister also won a vote of confidence, reducing concerns that repercussions of Greece's debt crisis will spread.

BARGE MARKET:

No offers // bids.

HS ex wharf: Offers -- / Bids --

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

BUNKER MARKET:

Tight availability for all products, with high premiums to apply. Indications not for prompt product. Congestion at Rotterdam loading installations.

Dutch time: 11:10 hrs.

Fuel oil 380 cst rmg 35 - USD 625/628

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 683/686

Marine Gas Oil .86/LS 0,1% - USD 926/929

MGO Netherlands


		Seaspan and Technolog unveil LNG feeder design with four-week ammonia conversion pathway Lloyd’s Register grants approval for a 3,370 TEU vessel concept designed for swift transition to zero-carbon fuel.

		Singapore’s MPA backs LNG as part of multi-fuel strategy for shipping decarbonisation Authority emphasises regulatory frameworks and workforce development as sector navigates geopolitical uncertainty and energy transition.

		ABS and PIL partner on book-and-claim emissions verification Classification society to verify fuel consumption and emissions data for shipping line’s alternative fuel claims.

		Vast completes first biofuel bunkering of tugboat at Brazil’s Port of Açu Be8’s BeVant biofuel claims up to 99% CO₂ reduction versus conventional marine diesel.

		Ningbo-Zhoushan Port completes first ship-to-ship green methanol bunkering Zhejiang province port facility delivered 503 tonnes of methanol to a container ship in one hour.

		KPI OceanConnect launches podcast series on bunker markets and geopolitical risk Marine fuel supplier debuts audio series examining commodity markets, trade route disruptions and Middle East tensions.

		Auramarine to host webinar on biofuels as a marine decarbonisation solution Finnish firm's May event will explore current biofuel options and integration strategies for vessels.

		Malik adds bunker trader, technology head and canteen worker Danish marine fuels group expands team with three appointments across commercial, technical and operational functions.

		AET outlines multi-fuel decarbonisation strategy at Marine Money 2026 Tanker operator highlights innovative commercial arrangements with charterers to share decarbonisation risks and rewards.

		Titan Clean Fuels completes first FuelEU Maritime pooling exercise with DNV verification Pool included several hundred vessels, with LNG and biomethane helping balance compliance deficits.