Rotterdam Market Report

Fri 28 Oct 2011, 12:29 GMT

Rotterdam Market Report

CRUDE:

Oil rose to its highest level in almost 3 months, as data showed the US economy grew at its fastest pace in a year and European leaders reached a deal to contain the region’s debt crisis .

BARGE MARKET:

No offers // bids.

HS ex wharf - Offers -- / Bids --

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

BUNKER MARKET:

Market firmed drastically in line with crude numbers. Most suppliers fully booked for this month. Prompt product tight.

Dutch time: 12:00 hrs

Fuel oil 380 cst rmg 35 - USD 651/653

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 668/674

Marine Gas Oil .86/LS 0,1% - USD 975/980

MGO Netherlands Rotterdam (NL)


		Low-GHG methane could keep LNG-capable fleet compliant as regulations tighten, DNV paper argues Biomethane and e-methane offer a compliance pathway for LNG-capable ships, says DNV.

		HaiSea's fleet of electric and dual-fuel tugboats completes 100th LNG carrier escort into Kitimat The Haisla Nation and Seaspan joint venture marks one year of LNG carrier escort operations in British Columbia.

		Naming ceremony held for LNG dual-fuel VLCC Mount Vision Crude oil tanker named in ceremony held in China.

		MOL signs bio-LNG supply deals for car carriers across Northern Europe and Mediterranean Japanese shipping group expands bio-LNG bunkering to Spanish ports as part of its net-zero strategy.

		Dan-Bunkering launches two-year trainee programme for aspiring marine fuel traders Bunker firm is recruiting trainees for an August 2026 start across its European offices.

		Chevron hiring London-based marine fuels marketer with renewable fuels remit Applications open until 30 June for role involving the marketing of physical bunker fuels with a focus on Europe.

		Burando Energies seeks operator to support Rotterdam bunkering activities New hire will be responsible for planning, coordinating and monitoring operational activities across the firm's bunkering business.

		Corvus Energy to supply battery systems for two new Scylla Shipping river cruise vessels Norwegian battery supplier extends its partnership with Swiss river cruise operator Scylla Shipping.

		NYK signs time-charter deal for two dual-fuel LPG-powered VLGCs Singapore subsidiary will provide gas carriers to carry Louisiana-produced ammonia to Japan.

		MOL wins LR technology award for wind-assisted propulsion on LNG carriers Lloyd’s Register honours Mitsui O.S.K. Lines for its Wind Challenger decarbonisation work.