Rotterdam Market Report

Wed 25 Jan 2012, 11:21 GMT

Rotterdam Market Report

CRUDE:

Oil dropped as a stalemate between European policy makers and Greek bondholders over debt relief increased concerns that the European debt crisis will spread - and growth cools in China and India.

BARGE MARKET:

HS ex wharf - Offers: -- / Bids: 659

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

BUNKER MARKET:

Even though crude is weaker, the market in ARA is firming due to shortage of product.

Dutch time: 12:00 hours

Fuel oil 380 cst rmg 35 - USD 670-672

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 680-684

Marine Gas Oil .86/LS 0.1% - USD 943-948

Marine Gas oil dma LS 0.1% - USD 924-928

MGO Netherlands Rotterdam (NL)


		IINO Lines secures sustainable shipping finance for methanol dual-fuel VLCC Japanese shipowner signs impact financing agreement with Mizuho Bank for alternative-fuel tanker.

		Fluxys Belgium reports EUR74.9m profit as LNG flows surge and hydrogen infrastructure begins Belgian gas infrastructure operator’s 2025 net profit fell 8.8% amid hydrogen and CO₂ investments.

		Shale oil components detected in Singapore marine fuel \| VPS VPS testing identifies 90,000 mt of delivered VLSFO containing Estonian shale oil compounds.

		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.