Rotterdam Market Report

Wed 4 Jul 2012, 12:05 GMT

Rotterdam Market Report

CRUDE:

Crude surged on speculation that central banks from Europe to Chine will ease monetary policy to spur growth while sanctions against Iran may curb supply. In Iran a bill is being drafted for Iranian forces to potentially halt all vessels carrying crude to countries supporting sanctions on Iran through the Strait of Hormuz.

BARGE MARKET:

HS ex wharf - Offers --/ Bids --

LS ex wharf - Offers -- / Bids --

BUNKER MARKET:

The market kept jumping yesterday, suppliers only offering for very short time frames. Product remains tight on all grades in Antwerp and Rotterdam. Prompt product tight. Some suppliers fully booked till 9th July. Below numbers not for prompt product. Even though crude is easing off, the bunker market remains firm due to tightness of product.

Dutch time : 11:20 hours

Fuel oil 380 cst rmg 35 - USD 580-585

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 635-650

Marine Gas Oil .86/LS 0.1% - USD 884-889

Marine Gas oil dma LS 0.1% - USD 864-870

MGO Netherlands Rotterdam (NL)


		Shore power infrastructure is key to cutting ferry emissions in European cities, says EmissionLink Port electrification is needed to enable vessels to switch off engines at berth, reducing urban pollution.

		Singapore prioritises maritime resilience amid geopolitical uncertainty, eyes digitalisation and green fuels MPA chief outlines the sector’s adaptation to supply chain disruptions while advancing automation and alternative fuels.

		China exports first domestically blended biofuel for marine use from Zhoushan A vessel carries 2,600 tonnes of biofuel blend to Qingdao Port for international ship refuelling.

		H2SITE to present ammonia-cracking technology at Green Ammonia Energy Workshop Spanish company to showcase APOLO project's role in producing hydrogen for maritime decarbonisation.

		Tsuneishi-Cebu delivers methanol dual-fuel Kamsarmax bulker Philippine shipyard hands over 81,100-tonne deadweight vessel capable of running on methanol fuel.

		Port of Rotterdam secures EUR90m EIB loan for shore power installations Financing will support shore power infrastructure at three container terminals, with an EU grant also approved.

		IBIA updates biofuels training module for 2026 Updated online course covers latest regulatory developments and market trends in liquid and gaseous biofuels.

		Bureau Veritas to class all-electric trimarans for Brim Explorer Two zero-emission passenger vessels will operate in Norwegian fjords after extensive Arctic testing.

		CIMC SOE starts construction on first 9,000-cbm LNG tank project South Korean shipowner SUNBO has commissioned the tanks for 18,000-cbm LNG bunkering vessels.

		Gulf tensions expose shipping’s continued reliance on fossil fuels, says Fuelre4m Dubai-based firm warns alternative fuel infrastructure remains fragile compared to established oil and gas systems.