Rotterdam Market Report

Thu 10 Nov 2011, 12:17 GMT

Rotterdam Market Report

CRUDE:

Oil dropped for the first time in six days in New York after Italian bond yields surged to euro-era records and following reports that German Chancellor Merkel’s party wants to make it possible for countries to exit the euro.

BARGE MARKET:

No offers // bids.

HS ex wharf - Offers --/ Bids --

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

BUNKER MARKET:

Prompt product remains very tight. Some suppliers already fully booked till 15 November. Below numbers not for prompt deliveries.

Dutch time: 11.30 hours

Fuel oil 380 cst rmg 35 - USD 659-662

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 690-693

Marine Gas Oil .86/LS 0.1% - USD 998-1002

Marine Gas oil dma LS 0.1% - USD 985-988

MGO Netherlands Rotterdam (NL)


		Nippon Biofuel secures METI funding for Africa-based marine biofuel supply chain Japanese company to establish Jatropha cultivation and biofuel production facilities in Mozambique and Ghana.

		Everllence’s ammonia-fuelled engine passes factory acceptance test ahead of October delivery Engine built by HHI-EMD will power Eastern Pacific Shipping’s very large ammonia carriers.

		LPC and Gram Marine launch marine lubricants hub in Cameroon Partnership will supply Cyclon and Avin Oil marine lubricants to vessels at West African ports.

		Bunker One expands ULSFO 0.10% supply across northern Germany Supplier adds Weser River ports to network, including Bremerhaven, Bremen, Brake, and Nordenham.

		NYK Line, Golden Island and Yara Clean Ammonia sign term sheet for Singapore ammonia bunkering venture Three companies agree to explore marketing and supply of low-carbon ammonia fuel in Singapore.

		IMO committee to discuss Net-Zero Framework and North-East Atlantic NOx ECA MEPC 84 to consider 57 documents submitted for consideration on the reduction of greenhouse gas emissions.

		Capetanakis: Bunker Buyers Working Group not a pricing forum Past Chair says aim of working group is to ensure the perspective of buyers is reflected in policy work.

		Petronor and H2SITE to deploy membrane technology for hydrogen separation at Spanish refinery Partnership aims to integrate membrane reactor into steam methane reforming process to enhance efficiency.

		Peninsula marks 30 years of marine fuel supply operations Bunker supplier's network now covers more than 50 physical supply ports and 21 commercial offices.

		MOL completes world’s first retrofit installation of Wind Challenger sail system on operating coal carrier Hard-sail propulsion system installed on Kurotakisan Maru III during service for J-Power coal transport operations.