Rotterdam Market Report

Mon 20 Feb 2012, 10:46 GMT

Rotterdam Market Report

CRUDE:

Oil climbed to a nine-month high in New York as signs of an improving U.S. economy and progress on a bailout for Greece bolstered the outlook for fuel demand.

BARGE MARKET:

HS ex wharf - Offers 695 / Bids --

LS ex wharf - Offers -- / Bids --

BUNKER MARKET:

Still tight availability for prompt material (also for Antwerp, limited low sulphur fuel available). Prompt product at much higher levels.

Dutch time: 11:20 hours

Fuel oil 380 cst rmg 35 - USD 696-699

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 733-736

Marine Gas Oil .86/LS 0.1% - USD 1016-1020

Marine Gas oil dma LS 0.1% - USD 1005-1010

MGO Netherlands Rotterdam (NL)


		Port of Rotterdam secures €90m EIB loan for shore power installations Financing will support shore power infrastructure at three container terminals, with an EU grant also approved.

		IBIA updates biofuels training module for 2026 Updated online course covers latest regulatory developments and market trends in liquid and gaseous biofuels.

		Bureau Veritas to class all-electric trimarans for Brim Explorer Two zero-emission passenger vessels will operate in Norwegian fjords after extensive Arctic testing.

		CIMC SOE starts construction on first 9,000-cbm LNG tank project South Korean shipowner SUNBO has commissioned the tanks for 18,000-cbm LNG bunkering vessels.

		Gulf tensions expose shipping’s continued reliance on fossil fuels, says Fuelre4m Dubai-based firm warns alternative fuel infrastructure remains fragile compared to established oil and gas systems.

		CMA CGM adds 23,000-teu containership to Asia-Europe service CMA CGM Grand Palais will operate on the FAL3 route between Asia and Europe.

		WinGD to host webinar on methanol- and ethanol-flexible fuel engine technology Engine manufacturer will discuss market outlook, regulations and operational experience with alcohol-based marine fuels.

		Peninsula opens applications for 2026 graduate programmes in marine fuels trading Two-year scheme offers positions across six global locations starting in September, combining hands-on experience with structured development.

		Oilmar DMCC promotes Collin She to key account manager role She will lead strategic customer relationships and drive growth opportunities in Singapore and the wider region.

		Dorian LPG takes delivery of dual-fuel VLGC capable of carrying ammonia The 93,000-cbm Areion can run on LPG or fuel oil and transport ammonia cargoes.