Rotterdam Market Report

Mon 12 Dec 2011, 11:10 GMT

Rotterdam Market Report

CRUDE:

WTI climbed most in more than a week after a report showed that confidence among US consumers rose to a 6-month high and as European leaders agreed to boost the region’s rescue fund and tighten budget rules.

BARGE MARKET:

HS ex wharf - Offers 609 / Bids 600

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

BUNKER MARKET:

Market decreased in line with lower crude numbers. Prompt product tight till 15th with some suppliers (also in Antwerp). Below numbers not for prompt product.

Dutch time: 11.45 hours

Fuel oil 380 cst rmg 35 - USD 609-612

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 654-658

Marine Gas Oil .86/LS 0.1% - USD 920-924

Marine Gas oil dma LS 0.1% - USD 906-910

MGO Netherlands Rotterdam (NL)


		Project CAPTURED secures EU ETS recognition and IMO support for onboard carbon capture pathway Two regulatory developments strengthen the commercial case for onboard carbon capture and storage at sea.

		Vard wins €220m contract to build methanol-ready vessels for Trinity House Norwegian shipbuilder Vard will replace two ageing Trinity House vessels with hybrid-powered successors.

		Sunoco seeks bunker trader for 'front-line' role to expand marine fuels business Professional sought with at least two years' experience in bunker trading or marine fuels commercial sector.

		Royal IHC delivers methanol-ready TSHD to Boskalis The 31,000-cbm Seaway is among the largest trailing suction hopper dredgers in the world.

		LNG-powered MV Ocean Navigator completes sea trial ahead of August delivery Sallaum Lines ro-ro vessel due to enter commercial service next month.

		FuelEU surplus price drop could undermine fuel transition, warns EmissionLink Falling compliance costs may discourage real uptake of lower-carbon fuels, the company cautions.

		Port of Hamburg moves towards ammonia bunkering readiness with new safety framework Hamburg and MB Energy develop risk analysis and safety concept for ammonia ship-to-ship bunkering.

		LNG-powered boxship CMA CGM Pantheon named in ceremony Vessel is sister ship to CMA CGM Notre Dame and will serve the Asia–Northern Europe trade lane.

		PIL hiring head of marine fuel procurement in Singapore Role requires at least 10 years’ experience in bunkering, shipping or energy sectors.

		EUKOR’s new car carrier completes first biomethanol bunkering at Shanghai on maiden voyage EUKOR, SIPG Energy and World Fuel deliver 2,800 tonnes of waste-derived biomethanol to the first Shaper Class vessel.