Rotterdam Market Report

Thu 29 Dec 2011, 12:41 GMT

Rotterdam Market Report

CRUDE:

Oil declined as a surge in European Bank's balance sheet to a record highlighted the growing risks of the region's debt crisis, threatening fuel demand.

BARGE MARKET:

HS ex wharf - Offers -- / Bids --

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

BUNKER MARKET:

Prompt product tight. Some suppliers fully booked till 3rd January. Please keep in mind that for deliveries during New Year’s holidays, many suppliers will levy a surcharge.

Most gasoil barges will stop sailing during this period.

Below numbers are not applicable for prompt product.

Dutch time: 12:45 hours

Fuel oil 380 cst rmg 35 - USD 620-622

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 672-675

Marine Gas Oil .86/LS 0.1% - USD 910-915

Marine Gas oil dma LS 0.1% - USD 932-935

MGO Netherlands Rotterdam (NL)


		IBIA chair completes two-year term, citing expansion in regulatory engagement and membership Outgoing chair to remain on Global Board and lead Future Fuels and Bunker Buyers’ working groups.

		LNG and methanol investments risk becoming 'dead ends' for shipping decarbonisation, UCL study finds Research warns transitional marine fuels may lock in fossil infrastructure rather than enabling an ammonia pathway.

		Protasov: Renewable fuel supply could meet shipping demand, but offtake agreements remain a barrier GENA Solutions CEO highlights project pipeline growth but warns regulatory uncertainty hampers investment decisions.

		Wah Kwong takes delivery of first LNG-ready LR2 tanker with Bureau Veritas SMART notation Frontier Venture is first in newbuild series to achieve Group 3 'augmented ship' capabilities.

		IMO calls for expert nominations for methane fuels technical seminar in May Event to cover LNG, biomethane and e-methane production, safe use and blending.

		Emvolon to present stranded methane conversion technology at Industry Growth Forum Company selected from over 270 entrepreneurs to showcase modular fuel production system in Denver.

		Tsuneishi Shipbuilding delivers world’s first LNG dual-fuel Kamsarmax bulk carrier Japanese shipbuilder manufactures LNG fuel tank in-house, achieving over 50% EEDI reduction.

		Incat Crowther designs 80-metre high-speed ro-pax ferry for South Korean Yellow Sea routes Vessel will transport 572 passengers and 60 cars between Incheon and Ongjin County islands.

		Grieg Maritime Group orders GT Wings jet sails for Star Kirkenes retrofit Norwegian shipowner signs contract for two AirWing 20 units with option for three more vessels.

		Maritime Technologies Forum releases safety guidelines for wind-assisted propulsion systems New guidance helps shipping companies manage operational and technical aspects of modern wind propulsion technologies.