Rotterdam Market Report

Fri 27 Jan 2012, 11:13 GMT

Rotterdam Market Report

CRUDE:

Oil rose after the Federal Reserve announced its plans to keep US interest rates near a record low through 2014, and a report showed durable goods orders in the world’s biggest crude consuming country increased.

BARGE MARKET:

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

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

BUNKER MARKET:

Market firming. Some suppliers fully booked this month. On 30th January there will be a strike in Antwerp, which might affect bunker supplies. Barges sailing but locks could be closed. At the moment effects still unclear.

Dutch time: 11:15 hours

Fuel oil 380 cst rmg 35 - USD 680-682

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 687-690

Marine Gas Oil .86/LS 0.1% - USD 953-956

Marine Gas oil dma LS 0.1% - USD 935-940

MGO Netherlands Rotterdam (NL)


		Oilmar seeks senior bunker trader for Dubai office Experienced trader with proven P&L responsibility sought by UAE-headquartered firm.

		ABS reviews bound4blue’s Pwind calculation methodology for eSAIL wind propulsion systems Independent review aims to ease regulatory compliance and accelerate adoption of suction sail technology.

		Port of Rotterdam appoints new programme manager for bunkering Astrid Sonnevelt has a background in renewable products, business development and emissions reduction.

		Oilmar seeks bunker trader for Singapore office Marine fuels trading role open to mid-level and senior-level candidates.

		Höegh Evi and Nord Gas Solutions complete ammonia-to-hydrogen cracking tests in Norway Pilot cracker achieves 99.5% hydrogen purity, supporting floating terminal deployment plans across Europe.

		Fratelli Cosulich Marine Energy takes delivery of second methanol-ready bunker tanker Lucia Cosulich is second of four sister vessels in the group’s fleet expansion programme.

		AYK Energy secures nine-vessel battery deal with Grimaldi Group New ro-pax vessels will feature multi-fuel engines capable of running on methanol.

		World Fuel hiring Korean-speaking bunker trader for Singapore hub Bunker trader sought to cover Korea and the wider region.

		EU ETS 2026 review raises cost predictability concerns for European shippers European Shippers' Council warns that carbon market reforms could affect logistics planning and competitiveness.

		Grimaldi takes delivery of 12th ammonia-ready car carrier Grande Oriente Naples-based firm says its latest PCTC halves fuel consumption compared with earlier-generation vessels.