Rotterdam Market Report

Mon 19 Dec 2011, 11:58 GMT

Rotterdam Market Report

CRUDE:

Crude fell and headed for a weekly loss as Europe’s debt crisis continued to weigh on prices, while a drop below a key technical level by WTI added to the bearish sentiment.

BARGE MARKET:

HS ex wharf - Offers -- / Bids --

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

BUNKER MARKET:

Prompt product remains tight. Gap in prices due to different market visions between suppliers. Please keep in mind that for deliveries during Christmas/New Year’s holidays, many suppliers will levy a surcharge. Gasoil barges will stop sailing during these periods.

Dutch time: 12:45 hours

Fuel oil 380 cst rmg 35 - USD 599-605

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 650-655

Marine Gas Oil .86/LS 0.1% - USD 901-906

Marine Gas oil dma LS 0.1% - USD 885-890

MGO Netherlands Rotterdam (NL)


		Greece floating nuclear study finds no fundamental barriers to implementation A PESTLE assessment of floating nuclear power plants in Greece identifies framework gaps, not feasibility barriers.

		Molgas completes LNG cool-down and bunkering for Northern Pathliner at Northern Lights terminal in Norway Operation carried out at Øygarden facility, with K Line and Integr8 Fuels in the supply chain.

		G2 Ocean expands fleet with six future-fuel ready gantry crane vessels Open hatch specialist adds vessels and jet sail technology as part of a broad fleet renewal programme.

		LNG-powered CMA CGM Adventure makes first call at the Port of Mombasa Kenya Ports Authority receives its first large LNG-fuelled container vessel.

		Maritime trio shapes IMO safety guidelines for ammonia as marine fuel Real-world operational experience feeds directly into new IMO ammonia fuel safety framework.

		Repsol starts large-scale renewable fuel production at second Iberian plant Spanish energy company's Puertollano facility adds 200,000 tonnes per year of renewable diesel capacity.

		World's first dual-fuel methanol escort tug receives full class certification ABS grants certification to SD Aisemaht, built by Sanmar Shipyards for Canada's Trans Mountain Expansion Project.

		CMB.Tech raises TFG Marine stake to 15% and consolidates bunker procurement through joint venture CMB.Tech increases its equity stake in TFG Marine and commits its entire fleet’s bunker requirements to the joint venture.

		XFuel secures EUR 4.1m Catalonia grant for waste-derived marine fuel plant Spanish start-up wins funding to build a modular facility converting waste oils into low-carbon marine gas oil.

		Construction begins on liquefied biogas facility at Port of Gothenburg Nordion Energi's new plant aims to open up Swedish biogas supply to shipping and other sectors beyond the gas grid.