Rotterdam Market Report

Tue 1 May 2012, 11:06 GMT

Rotterdam Market Report

CRUDE:

Oil fell as Spain’s economy contracted in the first quarter, putting the country into its second recession since 2009 and bolstering concern that fuel demand in the euro region will contract.

BARGE MARKET:

HS ex wharf - Offers -- / Bids --

LS ex wharf - Offers -- / Bids 729

BUNKER MARKET:

Market stable. Prompt product remains tight. Below numbers are not for prompt product

Dutch time : 11:45 hours

Fuel oil 380 cst rmg 35 - USD 692-695

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 744-747

Marine Gas Oil .86/LS 0.1% - USD 1016-1020

Marine Gas oil dma LS 0.1% - USD 1000-1005

MGO Netherlands Rotterdam (NL)


		WinGD completes factory testing of ammonia-fuelled engine for LPG carrier X52DF-A-1.0 engine tested in China ahead of installation on first of four vessels under construction.

		RINA awards first approval in principle for energy-harvesting ship Drift Energy receives certification for vessel design that generates clean energy at sea.

		MSC Cruises achieves flag state recognition for verified methane emissions data Bureau Veritas certifies actual methane slip values for two LNG-fuelled cruise ships.

		IBIA and Greek shortsea shipowners sign cooperation agreement The International Bunker Industry Association partners with EENMA to support the marine fuels sector.

		Scan Global Logistics and Hapag-Lloyd expand biofuel partnership to cut shipping emissions Collaboration claims to avoid 8,500 tonnes of CO₂e emissions through second-generation biofuels.

		MOL signs first annual LNG bunkering contract for car carriers in Vancouver Japanese shipping company secures year-round fuel supply with Seaspan Energy at Canadian port.

		Gasum’s maritime bio-LNG sales surge from 0.8% to 12.3% in 2025 Nordic energy company attributes growth to FuelEU Maritime regulation introduced in 2025.

		Valenciaport gives LNG bunkering go-ahead to Shell and Axpo Iberia Port authority approves two LNG bunkering authorisations as part of its decarbonisation strategy.

		BSM enters LCO₂ carrier segment with management of dual-fuel Northern Purpose Bernhard Schulte Shipmanagement takes over first liquefied carbon dioxide carrier for Northern Lights project.

		Fratelli Cosulich takes delivery of methanol-ready bunker tanker Anna Cosulich Vessel built in China will head to Singapore to support group's bunkering operations.