Rotterdam Market Report

Thu 15 Sep 2011, 11:58 GMT

Rotterdam Market Report

CRUDE:

WTI declined after US government reported that fuel inventories climbed, demand dropped and retail sales stalled in the world’s biggest oil consuming country

BARGE MARKET:

HS ex wharf - Offers -- / Bids 620

LS ex wharf 1,0% - Offers -- / Bids 630

BUNKER MARKET:

Many suppliers fully booked till 19th, prompt product tight. Market firming in line with crude/paper.

Dutch time: 12:30 hrs

Fuel oil 380 cst rmg 35 - USD 637/640

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 657/661

Marine Gas Oil .86/LS 0,1% - USD 945/949

MGO Netherlands Rotterdam (NL)


		X-Press Feeders trials ethanol-methanol blend in Rotterdam Container operator tests 10-90 ethanol-methanol fuel mix aboard Eco Levant vessel.

		Venture Energy signs green methanol cooperation agreement MoU establishes framework for long-term offtake and capacity development in maritime decarbonisation.

		Iberdrola España completes shore power installation at the Port of Pasaia Spanish utility installs onshore power supply system, enabling docked vessels to use renewable electricity.

		Itochu secures approval for ammonia bunkering trials in Singapore Japanese trading house to conduct two-year trial following MPA authorisation.

		Safe ammonia bunkering in ports is possible, according to MAGPIE project findings EU-funded MAGPIE project validates safety frameworks for ammonia bunkering operations in commercial ports.

		Suardiaz Group acquires methanol-capable tanker RS Onza for Moeve operations IMO2 chemical tanker to operate in European ports, primarily Spain, for energy company.

		Construction begins on 20,000-cbm LNG bunkering vessel for GSX Energy Chinese shipbuilder starts work on upgraded dual-fuel vessel with enhanced economy and energy efficiency features.

		James Fisher dual-fuel tankers named at Chinese yard FKAB-designed newbuilds are part of four-vessel FKAB T68 series and include LNG and LBG capability.

		WinGD completes factory testing of ammonia-fuelled engine for LPG carrier X52DF-A-1.0 engine tested in China ahead of installation on first of four vessels under construction.

		RINA awards first approval in principle for energy-harvesting ship Drift Energy receives certification for vessel design that generates clean energy at sea.