Rotterdam Market Report

Wed 27 Jun 2012, 11:31 GMT

Rotterdam Market Report

CRUDE:

Crude firmed on speculation that inventories declined last week. Tomorrow, the EU ban on Iranian oil will kick into full gear and the start of European nations discussions on the future of the EURO Zone. Norwegian oil strike is still ongoing.

BARGE MARKET:

HS ex wharf - Offers --/ Bids --

LS ex wharf - Offers -- / Bids --

BUNKER MARKET:

Some suppliers fully booked till Monday. Below number not valid for prompt product. Market firmed late yesterday afternoon. Gap in prices due to different vision between suppliers regarding market development. Crude numbers decreasing, bunker prices might follow later in the day (not for prompt product though).

Dutch time : 11:45 hours

Fuel oil 380 cst rmg 35 - USD 548-553

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 586-593

Marine Gas Oil .86/LS 0.1% - USD 827-832

Marine Gas oil dma LS 0.1% - USD 812-820

MGO Rotterdam (NL)


		ABS introduces nuclear-ready notation for marine and offshore assets The classification society has released what it describes as an industry-first notation to support future nuclear conversion of vessels and offshore assets.

		ABS grants approval in principle for Seatrium’s NEXTGEN Energy Hub design The hub concept integrates ammonia bunkering, power generation and electric vessel charging in a single unit.

		Jumbo orders two methanol-ready L-Class heavy lift vessels from Dajin Heavy Industry Dutch heavy lift specialist Jumbo signs newbuilding contract for two 25,000-dwt vessels.

		Zhoushan completes first bonded bunker operation at Majishan port area The operation marks full fuel supply coverage across all general cargo terminals in Zhoushan's port system.

		Port of Long Beach launches $1m methanol bunkering challenge for oceangoing vessels A $1m prize aims to kick-start commercial methanol bunkering at one of North America's busiest ports.

		Greece floating nuclear study finds no fundamental barriers to implementation A PESTLE assessment of floating nuclear power plants in Greece identifies framework gaps, not feasibility barriers.

		Molgas completes LNG cool-down and bunkering for Northern Pathliner at Northern Lights terminal in Norway Operation carried out at Øygarden facility, with K Line and Integr8 Fuels in the supply chain.

		G2 Ocean expands fleet with six future-fuel ready gantry crane vessels Open hatch specialist adds vessels and jet sail technology as part of a broad fleet renewal programme.

		LNG-powered CMA CGM Adventure makes first call at the Port of Mombasa Kenya Ports Authority receives its first large LNG-fuelled container vessel.

		Maritime trio shapes IMO safety guidelines for ammonia as marine fuel Real-world operational experience feeds directly into new IMO ammonia fuel safety framework.