Rotterdam Market Report

Fri 18 May 2012, 12:25 GMT

Rotterdam Market Report

CRUDE:

Oil fell to a six-month low as investors speculated that Spanish banks may have their credit ratings lowered.

BARGE MARKET:

HS ex wharf - Offers --/ Bids --

LS ex wharf - Offers -- / Bids --

BUNKER MARKET:

Very tight availability for LS fuel (also for Antwerp). Many suppliers fully booked till May 21/22nd.

Dutch time : 12:30 hours

Fuel oil 380 cst rmg 35 - USD 615-617

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 661-663

Marine Gas Oil .86/LS 0.1% - USD 913-915

Marine Gas oil dma LS 0.1% - USD 900-903

MGO Netherlands Rotterdam (NL)


		IMO adopts Northeast Atlantic ECA covering waters from Portugal to Greenland New ECA to enter into force in September 2027, connecting existing European zones with Canadian Arctic waters.

		Renewable methanol project pipeline reaches 61 MMT as China groundbreakings accelerate GENA Solutions reports pipeline growth despite concerns over construction readiness for Chinese projects.

		Berg Propulsion to supply propulsion system for Akdeniz-built chemical tanker Turkish shipyard Akdeniz orders diesel-electric propulsion package for an 8,000-dwt vessel destined for Transka Tankers.

		China Classification Society certifies 740-teu pure-electric container ship Ningyuan Diankun features battery-swapping capability and is claimed to eliminate 1,462 tonnes of CO2 annually.

		Lloyd’s Register to host UK ETS and FuelEU Maritime briefing in London Event on 12 May will examine maritime emissions regulations ahead of UK ETS expansion.

		Japanese shipbuilder delivers dual-fuel LNG bulk carrier Ruri Planet The 209,000-tonne Capesize vessel can run on heavy fuel oil or LNG.

		L&T Energy GreenTech signs 300,000-tonne green ammonia supply deal with Itochu Indian firm to supply Japanese trading house from planned Kandla facility for marine fuel applications.

		Methanol-powered container ship is named CMA CGM D’Artagnan French shipping group adds vessel to methanol fleet as part of net-zero target.

		Bound4blue completes second suction sail installation for Maersk Tankers Four 24-metre eSAIL units fitted on Maersk Tahiti at Chinese shipyard in April.

		Asia-Pacific ports advance cross-sector hydrogen and e-fuel infrastructure Accelleron report highlights a coordinated approach combining energy, industry and shipping demand to stimulate market development.