Rotterdam Market Report

Fri 24 Feb 2012, 12:10 GMT

Rotterdam Market Report

CRUDE:

Crude rose to its highest level in more than 9 months as jobless claims held a four-year low in the US and German business confidence surpassed forecasts - signs fuel consumption may improve.

BARGE MARKET:

HS ex wharf - Offers -- / Bids --

LS ex wharf - Offers -- / Bids --

BUNKER MARKET:

Ongoing tight availability for prompt material. Please note prompt product at much higher levels.

Dutch time: 11:15 hours

Fuel oil 380 cst rmg 35 - USD 708-711

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 750-754

Marine Gas Oil .86/LS 0.1% - USD 1033-1036

Marine Gas oil dma LS 0.1% - USD 1023-1026

MGO Netherlands Rotterdam (NL)


		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.

		Everllence and Hudong-Zhonghua sign engineering design agreement for LNG carrier development Agreement covers 180,000-cbm LNG carrier featuring a hybrid-electric propulsion system.

		Corvus Energy partners with Belga Marine to support Brazil’s battery-powered offshore fleet Norway-based energy storage firm expands aftermarket service network into Brazil’s growing offshore market.

		Singapore Shipping Association updates biofuels bunkering FAQ for 2026 SSA releases latest edition of its biofuel bunkering guidance document for the Port of Singapore.

		Eastern Pacific Shipping reaches 700th LNG bunkering operation Singapore-based shipowner logs nearly 3 million cbm of LNG bunkered over nearly six years.

		MOL holds naming ceremony for fourth LNG dual-fuel VLCC Vessel, named Tsurugidake, features an LNG fuel tank with a capacity exceeding 10,000 cbm.

		VPS to host Bergen seminar on marine fuel quality, lubricants and decarbonisation regulation Free-to-attend event on September 16 will feature speakers from VPS and DNV.

		Cosulich Marine Energy launches third methanol-ready bunker tanker in China Carlotta Cosulich launched at Taizhou Maple Leaf Shipyard, leaving one vessel in series still to come.