Rotterdam Market Report

Fri 19 Aug 2011, 12:14 GMT

Rotterdam Market Report

CRUDE:

WTI declined the most in more than a week, as commodities fell around the world after Morgan Stanley and Deutsche Bank cut their forecasts for global economic expansion.

Brent’s premium has widened amid supply disruptions in the North Sea, Nigeria and Libya, in contrast to increasing stockpiles in the US.

BARGE MARKET:

No offers // bids.

HS ex wharf - Offers -- / Bids --

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

BUNKER MARKET:

Still tight availability for all products. Below prices NOT for prompt material.

Dutch time: 11:30 hrs

Fuel oil 380 cst rmg 35 - USD 616/620

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 647/652

Marine Gas Oil .86/LS 0,1% - USD 913/916

MGO Netherlands Rotterdam (NL)


		The importance of fast turnaround times for bunker fuel analysis in today’s market \| Thomas Schmidt, VPS Rapid and reliable fuel quality intelligence is critical to protecting vessels, machinery, operations and commercial performance.

		BTB achieves record bunker volumes in March De Wit celebrates achievement with pizza delivery to office staff and vessel crews.

		Flex Commodities seeks accounts and admin executive for Singapore office Bunker trader recruiting for finance role requiring up to five years’ experience.

		Cargill hiring marine fuels sourcing specialist in Houston Agricultural commodities trader recruiting for bunker procurement role with minimum four years' experience.

		Arte Bunkering promotes Ron Wong to trading manager after six years Wong has built relationships with clients and the team during his tenure at the company.

		Liquid Wind parent company declared bankrupt, business put up for sale Swedish e-fuel facility developer enters bankruptcy proceedings, with subsidiaries across three Nordic countries now available for acquisition.

		Corvus Energy and BYD Energy Storage sign strategic agreement for marine battery development Norway-based Corvus and Chinese firm BYD formalise partnership for next-generation lithium iron phosphate systems.

		EMSA to host webinar on hydrogen as marine fuel Second episode of Tide Talks series scheduled for 29 June draws on agency studies.

		Keel laid for MSC 19,000-teu LNG dual-fuel container ship Vessel CHB2047 is being built at Changhong International’s Daishan facility in Zhoushan.

		NYK achieves over 90% methane oxidation in LNG engine catalyst trial Japanese shipping company reports results from onboard test of system designed to reduce methane slip.