Rotterdam Market Report

Fri 13 Apr 2012, 13:21 GMT

Rotterdam Market Report

CRUDE:

Oil climbed for a second day as U.S. stocks gained and the dollar weakened against the euro on speculation that central banks will stimulate economic growth with supportive monetary policies.

BARGE MARKET:

HS ex wharf - Offers -- / Bids --

LS ex wharf - Offers -- / Bids --

BUNKER MARKET:

Some suppliers fully committed till far into next week. Very tight availability on all products. Premium between hs/ls grades remains firm due to ongoing shortage of LS. Big gap in prices due to different vision in market development between suppliers. Below mentioned numbers are not for prompt product. For all products also expect considerable higher numbers as tightness is expected to last till at least end of next week.

Dutch time : 11:45 hours

Fuel oil 380 cst rmg 35 - USD 698-706

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 770-780

Marine Gas Oil .86/LS 0.1% - USD 1008-1011

Marine Gas oil dma LS 0.1% - USD 999-1003

MGO Netherlands Rotterdam (NL)


		Angelicoussis Group seeks senior marine fuels desk lead in Athens Greek shipping group advertises senior bunker procurement role requiring 15 years' experience.

		BP seeks marine commercial manager in London to support global marine fuels business Role at BP Marine falls under BP's GDIST unit — part of its Trading & Shipping (T&S) division.

		Mitsui E&S completes factory acceptance test of Japan’s first WinGD methanol dual-fuel engine Engine set to be installed on the first of four vessels being built for a domestic shipowner.

		Rolls-Royce Power Systems to showcase variable-speed gensets and SCR systems at SMM 2026 New mtu Series 2000 units claim up to 15% fuel and CO₂ savings over constant-speed alternatives.

		CMA CGM names 15,000-teu methanol-powered vessel Roi Arthur Newbuild joins the French carrier's REX2 service connecting East Asia with the Red Sea.

		Quadrise and Licella update joint development agreement to advance HTL-derived marine biofuels Amended deal sets a clearer testing roadmap for bio-oil-based emulsion fuels for shipping.

		Atlas Maritime takes delivery of dual-fuel LNG PCTC, secures $80,000/day charter The 7,000 RT car carrier has been placed on a two-year time charter at a rate Atlas calls record-breaking.

		PIL’s Kota Eagle helps Shanghai pass 2 million cbm LNG bunkering mark Milestone said to have been reached when boxship received 4,549 cbm of LNG from SIPG Energy’s LNG bunkering vessel.

		Pinnacle Marine lays keel for fourth B100-compatible harbour craft in Singapore newbuild programme Singapore operator expands its B100-compatible fleet amid strong chartering demand.

		Europe risks falling behind China in race to produce e-fuels for shipping Europe has 69 e-fuel projects but only six are operational, while China is scaling rapidly.