Rotterdam Market Report

Tue 21 Feb 2012, 11:28 GMT

Rotterdam Market Report

CRUDE:

Crude rose yesterday to 105.44 levels after Iran said it halted some crude exports and investors bet that fuel demand will increase as Europe moves closer to bailing out Greece.

BARGE MARKET:

HS ex wharf - Offers -- / Bids --

LS ex wharf - Offers -- / Bids 686

BUNKER MARKET:

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

Dutch time: 11:20 hours

Fuel oil 380 cst rmg 35 - USD 693-696

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 730-733

Marine Gas Oil .86/LS 0.1% - USD 1010-1014

Marine Gas oil dma LS 0.1% - USD 996-1000

MGO Netherlands Rotterdam (NL)


		Flex Commodities moves Dubai head office to Jumeirah Lakes Towers UAE-based firm relocates to waterfront community popular amongst bunker companies.

		Echandia: Batteries offer fuel savings by optimising generator loads on large vessels Marine batteries could cut auxiliary generator fuel consumption by up to 15%, according to technology firm.

		Amazónica LNG joins SEA-LNG, extending the coalition’s reach into Latin America Colombian LNG terminal operator becomes first South American member of the multi-sector industry group.

		Hong Lam Marine launches first of four newbuild bunkering vessels First ship in the series, Priority, is launched in Jiangmen, China.

		CMA CGM completes world’s largest single-batch biomethanol bunkering at Shanghai 8,016-tonne operation said to be enough to fuel an entire transoceanic voyage.

		ClassNK revises alternative fuels guidelines to address hydrogen, methanol and ethanol safety requirements Updated guidelines incorporate IMO hydrogen rules and new structural standards for alcohol fuel tanks.

		MacGregor wins cargo handling contract for six LNG-powered boxships at Cochin Shipyard CMA CGM container vessels are scheduled for delivery between 2029 and 2031.

		Estonia launches biomethane-battery workboat for state fleet 38-metre KRATT is said to be the first vessel of its kind in the region.

		Yang Ming completes first LNG SIMOPS bunkering for YM Willpower in Shanghai Dual-fuel boxship receives 2,000 tonnes of LNG during simultaneous cargo operations.

		AYK Energy and Gebhard Electro secure two vessel electrification contracts A new dredger and a patrol vessel retrofit form the latest battery projects for the duo.