Rotterdam Market Report

Wed 18 Apr 2012, 11:23 GMT

Rotterdam Market Report

CRUDE:

Oil climbed to a two-week high in New York as Spain raised more than its maximum target at a debt auction and the International Monetary Fund bolstered its global growth forecast.

BARGE MARKET:

HS ex wharf - Offers -- / Bids --

LS ex wharf - Offers -- / Bids --

BUNKER MARKET:

Very tight availability on all products. Premium between hs/ls grades remains firm due to ongoing shortage of LS. Tight availability for LS in Antwerp as well. Below mentioned numbers are not for prompt product. For all products also expect considerable higher numbers as tightness is expected to last unil at least the beginning of next week. Some suppliers fully booked for LS and HS until 22/23 April 2012.

Dutch time : 11:30 hours

Fuel oil 380 cst rmg 35 - USD 686-688

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 758-761

Marine Gas Oil .86/LS 0.1% - USD 996-998

Marine Gas oil dma LS 0.1% - USD 988-990

MGO Netherlands Rotterdam (NL)


		Schottel supplies propulsion for Mureloil’s hybrid chemical tanker Bahía Beatriz joins sister ship to double Spanish operator’s biofuel and methanol transport capacity.

		Chimbusco launches six digital bunker products, including AI model and green fuel tools Cosco subsidiary unveils customer platform, AI system and methanol calculators for marine fuel sector.

		Grimaldi takes delivery of 10th ammonia-ready car carrier Grande Tokyo The 9,200-ceu vessel completes a seven-ship series built at Chinese yards for vehicle logistics.

		Rolls-Royce Power Systems switches German engine test facilities to HVO fuel Company saved 3,200 tonnes of CO2 by end of 2025 after switching to renewable diesel.

		Changhong International delivers final LNG dual-fuel container ship 205 days early Chinese shipbuilder completes 10-vessel series for MSC with delivery of 11,500-teu MSC Migsan.

		Oilmar seeks senior and mid-level bunker traders in Seoul Marine fuel firm aims to recruit experienced traders for South Korean operations.

		Global Ethanol Association to present on ethanol marine fuel at London shipping expo Morten Thomas Jacobsen will discuss ethanol fuel trials and maritime decarbonisation challenges in June.

		IBIA warns of structural shift in marine fuel market following Middle East tensions Association chair says geopolitical disruptions signal lasting changes to bunker supply dynamics and pricing.

		Rotterdam bunker volumes plunge 25% in first quarter amid regulatory shifts Fossil fuel sales decline sharply while alternative fuels show modest growth in Dutch port.

		Norsepower completes factory tests for 18 rotor sails bound for Airbus fleet Wind propulsion units cleared for installation on LD Armateurs vessels targeting 50% emissions reduction.