Rotterdam Market Report

Thu 26 Apr 2012, 12:46 GMT

Rotterdam Market Report

CRUDE:

Federal Reserve policy makers advised they expect growth to accelerate gradually.

BARGE MARKET:

HS ex wharf - Offers 690 / Bids --

LS ex wharf - Offers -- / Bids --

BUNKER MARKET:

Prompt product remains tight, some suppliers fully booked 3rd/4th May. Also gasoil tight till 1st May. Congestion at some loading installations. Big gap in prices due to different market visions from suppliers. Even though crude slightly weaker bunker market remains firm.

Below mentioned numbers are not valid for prompt product.

Dutch time : 13:15 hours

Fuel oil 380 cst rmg 35 - USD 694-699

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 747-755

Marine Gas Oil .86/LS 0.1% - USD 1012-1018

Marine Gas oil dma LS 0.1% - USD 998-1002

MGO Netherlands


		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.

		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 Arabian Gulf 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.

		Ernst Russ acquires four chemical tankers with five-year charters worth $126m Hamburg shipowner enters tanker segment with methanol-ready newbuildings delivering from Q4 2026.

		Wärtsilä boosts ammonia engine power output to match LNG equivalent Finnish technology group raises Wärtsilä 25 Ammonia engine output, enabling simpler vessel designs.

		Fincantieri secures order for three LNG-fuelled cruise ships from Princess Cruises Italian shipbuilder to construct vessels at Monfalcone yard, with deliveries scheduled through 2039.

		DNV says existing LNG infrastructure can support low-GHG methane transition Classification society finds biomethane and e-methane compatible with current LNG fleet and bunkering networks.

		IBIA launches Bunker Buyers Working Group for fuel procurement end users New forum aims to represent shipowners, charterers and ship managers in policy and regulatory discussions.