Rotterdam Market Report

Tue 20 Dec 2011, 11:57 GMT

Rotterdam Market Report

CRUDE:

Oil prices rose on Monday in choppy trading as protests in Kazakhstan raised fears of supply disruption even as concerns about Europe's debt crisis and uncertainty about North Korea after the death of leader Kim Jong-il kept investors cautious.

BARGE MARKET:

HS ex wharf - Offers -- / Bids --

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

BUNKER MARKET:

Prompt product remains very tight. Some suppliers fully booked up to and including Xmas (also Antwerp). 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: 11:30 hours

Fuel oil 380 cst rmg 35 - USD 611-613

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 658-663

Marine Gas Oil .86/LS 0.1% - USD 899-905

Marine Gas oil dma LS 0.1% - USD 889-895

MGO Netherlands Rotterdam (NL)


		Uni-Fuels seeks bunker trader in Singapore as Nasdaq-listed firm expands team Role includes managing end-to-end transactions, identifying opportunities and optimizing margins.

		BlackCoral Energy seeks junior bunker trader for Dubai office Bunker firm targets fresh graduates and early-career professionals.

		Christiania Energy appoints bunkers and lubricants specialist in Denmark Mazlum Unutmaz joins the Danish firm’s global bunker pool operations team in Odense.

		Peninsula seeks junior cargo trader for Dubai supply and trading role Marine fuels supplier Peninsula is recruiting a junior cargo trader in Dubai to manage procurement and supply.

		Maersk names third midsized dual-fuel vessel at Chinese shipyard Tema Maersk joins fleet following the addition of Tangier Maersk and Tauranga Maersk.

		WinGD’s X-DF dual-fuel engine passes 1,000 orders Swiss manufacturer reaches milestone 13 years after commercial launch of engine.

		GT Wings gains RINA approval for wind propulsion performance assessment tool RINA has granted approval in principle for a new tool assessing GT Wings’ AirWing Jet Sail system.

		Aderco launches 2055G+ programme linking fuel treatment to verified carbon credits Aderco's new programme connects fuel additive technology with verified emissions data and Gold Standard carbon credits.

		ABS introduces nuclear-ready notation for marine and offshore assets The classification society has released what it describes as an industry-first notation to support future nuclear conversion of vessels and offshore assets.

		ABS grants approval in principle for Seatrium’s NEXTGEN Energy Hub design The hub concept integrates ammonia bunkering, power generation and electric vessel charging in a single unit.