Rotterdam Market Report

Thu 19 Apr 2012, 12:10 GMT

Rotterdam Market Report

CRUDE:

Crude fell the most in two weeks on a U.S. Energy Department report showing a larger-than-expected supply gain.

BARGE MARKET:

HS ex wharf - Offers 685 / 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 23 April 2012.

Dutch time : 11:20 hours

Fuel oil 380 cst rmg 35 - USD 686-690

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 747-750

Marine Gas Oil .86/LS 0.1% - USD 1003-1005

Marine Gas oil dma LS 0.1% - USD 993-995

MGO Netherlands Rotterdam (NL)


		New Times Shipbuilding cuts steel on two crude tankers and delivers LNG dual-fuel vessel Chinese yard marks a busy 4 June with steel-cutting ceremonies and a tanker delivery to Maran.

		Baleària Canarias christens €128m dual-fuel fast ferry Mercedes Pinto for inter-island routes The catamaran will connect Tenerife, Gran Canaria and Fuerteventura with six daily departures.

		DNV awards AiP to HHI for LPG dual-fuel container vessel design Approval in principle granted for ship design targeting the underserved smaller container segment.

		Seascale Energy partners with Lloyd’s Register Advisory to build decarbonisation expertise The bunker firm has launched a knowledge partnership covering low-carbon fuels and maritime regulations.

		CSL takes delivery of methanol-ready Kamsarmax as fleet renewal programme advances MV CSL Kuleana departs on maiden voyage, equipped with Tier III engines.

		LNG orderbook share hits 90% as methane pathway investment holds firm LNG bunkering volumes surge and biomethane uptake grows six-fold, despite geopolitical headwinds.

		NYK to offset ship emissions with CDR credits from Loblolly project Japanese shipping group turns to biomass-based carbon sequestration to address residual maritime emissions.

		K Line orders four LNG dual-fuel car carriers for European short-sea operations Kawasaki Kisen Kaisha contracts quartet of 1,380-vehicle vessels at China Merchants Jinling Shipyard.

		Bunge seeks bunker purchaser for Rotterdam operation Agribusiness is looking for candidates with experience in marine fuel procurement.

		First vessel in NYK Stolt Tankers’ newbuild series launched in China FKAB-designed 38,000 DWT chemical tanker launched at Nantong Xiangyu Shipyard, China.