Fri 9 Mar 2012, 11:36 GMT

Rotterdam Market Report



CRUDE:

Oil climbed after German industrial production increased more than forecast and Greece moved closer to completing its debt swap, bolstering optimism that Europe’s economy and fuel demand will rebound.

BARGE MARKET:

HS ex wharf - Offers -- / Bids --

LS ex wharf - Offers -- / Bids --

BUNKER MARKET:

Many suppliers fully booked till 14th March (ls especially tight). Below mentioned numbers are not for prompt product - these levels are much higher.

Dutch time : 11.45 hours

Fuel oil 380 cst rmg 35 - USD 712-715

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 774-778

Marine Gas Oil .86/LS 0.1% - USD 1015-1020

Marine Gas oil dma LS 0.1% - USD 1030-1037


Rendering of an electric tug. Berg Propulsion to supply electric propulsion for Türkiye’s most powerful tugs  

Swedish firm contracted for four diesel-electric firefighting tugs with over 130-tonne bollard pull capacity.

Hyke F-15 Shuttle vessel render. Hyke partners with Pascal Technologies for electric ferry powertrain in Norway  

Pascal Technologies to supply integrated powertrain platform for Hyke F-15 Shuttle ordered by Cityboat.

VPS logo. The importance of fast turnaround times for bunker fuel analysis in today’s market | Thomas Schmidt, VPS  

Rapid and reliable fuel quality intelligence is critical to protecting vessels, machinery, operations and commercial performance.

BTB Bunkering logo. BTB achieves record bunker volumes in March  

De Wit celebrates achievement with pizza delivery to office staff and vessel crews.

Merlion statue in Singapore. Flex Commodities seeks accounts and admin executive for Singapore office  

Bunker trader recruiting for finance role requiring up to five years’ experience.

Houston skyline. Cargill hiring marine fuels sourcing specialist in Houston  

Agricultural commodities trader recruiting for bunker procurement role with minimum four years' experience.

Ron Wong, Arte Bunkering. Arte Bunkering promotes Ron Wong to trading manager after six years  

Wong has built relationships with clients and the team during his tenure at the company.

Bankruptcy filing documents. Liquid Wind parent company declared bankrupt, business put up for sale  

Swedish e-fuel facility developer enters bankruptcy proceedings, with subsidiaries across three Nordic countries now available for acquisition.

Corvus Energy and BYD Energy Storage strategic agreement signing. Corvus Energy and BYD Energy Storage sign strategic agreement for marine battery development  

Norway-based Corvus and Chinese firm BYD formalise partnership for next-generation lithium iron phosphate systems.

Tide Talks hydrogen webinar graphic. EMSA to host webinar on hydrogen as marine fuel  

Second episode of Tide Talks series scheduled for 29 June draws on agency studies.