Rotterdam Market Report

Fri 22 Jun 2012, 11:32 GMT

Rotterdam Market Report

CRUDE:

Oil in New York tumbled following reports signaling a global economic slowdown raising concerns that demand will slow whilst supplies are rising.

BARGE MARKET:

HS ex wharf - Offers --/ Bids --

LS ex wharf - Offers -- / Bids --

BUNKER MARKET:

Below numbers not valid for prompt product. Ongoing tight availability for prompt LS and HS. Market in line with current crude numbers.

Dutch time : 11:45 hours

Fuel oil 380 cst rmg 35 - USD 540-543

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 575-578

Marine Gas Oil .86/LS 0.1% - USD 816-819

Marine Gas oil dma LS 0.1% - USD 807-809

MGO Netherlands Rotterdam (NL)


		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.

		Damen expands biofuel-compatible Combi Freighter series with CF 6000 and CF 7000 designs Damen Shipyards Group adds two larger variants to its Combi Freighter series, offering up to 40% more cargo capacity.

		K Shipbuilding, bound4blue and Bureau Veritas launch joint project for wind-assisted LR1 tanker The three partners are collaborating on a 74,000-dwt LR1 tanker design incorporating wind-assisted propulsion.

		Hapag-Lloyd and Seaspan complete first methanol retrofit under five-ship programme The Seaspan Yangtze has been converted to dual-fuel methanol operation as part of a $120m programme.

		MPA and MSC sign MoU covering decarbonisation, digitalisation and talent development in Singapore The agreement marks 30 years of MSC’s presence in Singapore and covers alternative fuels adoption.

		Lloyd’s Register backs nuclear car carrier concept with Korean partners at Posidonia 2026 LR and Korean partners receive approval in principle for SMR-powered pure car and truck carrier concept.

		Lloyd’s Register expands Korean shipyard partnerships at Posidonia 2026 A series of agreements covering alternative fuels and emerging technologies was announced at the Athens exhibition.