Rotterdam Market Report

Tue 28 Jun 2011, 12:11 GMT

Rotterdam Market Report

CRUDE :

WTI crude decreased on sluggish global economy and slower growth in China. Brent crude prices rose on Monday, bouncing off lows as the euro rallied against the dollar on firmer hopes Greece will come to a solution.

BARGE MARKET:

One offer hs 609 and one bid 601 mtw.

HS ex wharf: Offers 609 / Bids 601

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

BUNKER MARKET:

Market remains firm due to shortage of product in ARA. Many suppliers fully booked for June and early July. Below numbers are not for prompt product.

Dutch time: 11:45 hrs

Fuel oil 380 cst rmg 35 - USD 608/611

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 668/673

Marine Gas Oil .86/LS 0,1% - USD 888/894

MGO Netherlands Rotterdam (NL)


		Trailing 3-month bunker sales fall to lowest since April 2025 in Singapore Bunker volume of 13.569m tonnes sold between April and June was worst result in 14 months.

		Glander International Bunkering reports $23.4m pre-tax earnings amid volatile shipping markets Bunker trading company says new fuels volumes doubled over the past year, driven by client demand.

		ISO-compliant fuels increasingly causing operational problems, Lloyd’s Register warns Latest FOBAS report finds fuel quality risk shifting beyond off-specification fuels.

		Bunker One completes Latin America’s first bioethanol bunkering of a deep-sea container vessel 500,000-litre delivery at Santos marks a first for bioethanol as a marine fuel.

		MTF issues safety management guidelines for methanol-fuelled ships New MTF report offers recommendations for developing and strengthening safety management systems for methanol as a fuel.

		European shipowners call for permanent EU ETS derogations for islands, outermost regions and ice-classed vessels ECSA urges the European Commission to extend maritime ETS exemptions beyond 2030 ahead of directive revision.

		Compliance pooling could help unlock investment in zero-emission marine fuels, says Getting to Zero Coalition A new insight brief argues pooling models must evolve to support long-term e-fuels offtake.

		Peninsula performs maiden bio-LNG delivery in Cádiz Bunker firm has now supplied all three of Royal Caribbean Group’s Icon-class vessels with bio-LNG.

		Oilmar appoints Shawn Ho as senior manager for business development and bunker trading in Singapore Marine fuel seller hires experienced industry professional to bolster its Singapore operations.

		Island Oil expands fleet with acquisition of two tankers for Mediterranean operations Island Polaris and Island Horizon join bunker firm's fleet of vessels.