Rotterdam Market Report

Fri 5 Aug 2011, 11:31 GMT

Rotterdam Market Report

CRUDE:

Oil fell to its lowest in 8 months in NY for the biggest weekly decline since May on speculation that fuel demand will falter as US economic growth stalls and Europe’s debt crises worsens.

BARGE MARKET:

No offers // bids

HS ex wharf: Offers -- / Bids --

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

BUNKER MARKET:

Prompt product tight till 9th August in Rotterdam, till 10th August in Antwerp. Below mentioned numbers are not for prompt product. Congestion at installations 3 / 4 days. Gas oil numbers "jumping" up and down. Within 1 hour usd 10 difference

Dutch time: 11:15 hrs

Fuel oil 380 cst rmg 35 - USD 634/636

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 661/663

Marine Gas Oil .86/LS 0,1% - USD 934/940

MGO Netherlands Rotterdam (NL)


		Singapore 12-month bunker calls hit all-time high in July TTM calls at world's largest bunkering hub reach record levels despite softer sales volumes.

		Singapore T3M bunker sales stay below 14m tonnes for fourth month running Rolling three-month volumes remain subdued despite modest month-on-month recovery in July.

		Peru’s Port of Callao launches first shore power system in Latin America DP World Callao’s onshore power supply system could cut over 6,300 tonnes of CO₂ annually.

		New Times Shipbuilding delivers LNG dual-fuel crude oil tanker to Capital Chinese yard hands over 155,500-dwt vessel in ceremony attended by owner’s representative.

		Shell completes maiden LNG bunkering operation in Valencia Delivery to MSC vessel facilitated by Fratelli Cosulich said to be first-ever LNG bunker supply at Spanish port.

		PIL hiring senior marine fuels executive to manage global bunkering operations Singapore-based role includes oversight of fuel procurement and delivery operations, covering PIL's fleet of container and multi-purpose vessels.

		Changhong International Shipbuilding cuts steel on two more 3100-teu boxships for Costamare HSFO-fuelled vessels feature scrubbers, SCR systems and shore power connections to meet emissions requirements.

		Lloyd’s Register and Maersk Mc-Kinney Møller Center launch ammonia safety and training resources for shipping New tools aim to help operators build the safety management and competency frameworks needed for ammonia-fuelled vessels.

		IBT Bunkering & Trading appoints Kevin Döhmen to manage new Singapore office Döhmen tasked with developing IBT’s operation in the Asian city-state.

		Peak takes delivery of third S-class vessel and cuts steel for ammonia-fuelled ship Norwegian operator marks two events at Chinese yard as ammonia-powered newbuild programme advances.