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)


		Kuehne+Nagel seeks marine energy pricing analyst in Greece Logistics firm recruiting for role focused on bunker pricing formulas and compliance cost analysis.

		LD Armateurs to present floating ammonia terminal concept at London energy conference French shipowner to showcase FRESH platform design for offshore hydrogen and ammonia supply chains.

		Anemoi rotor sails complete eight years of operation on bulk carrier M/V Afros Lloyd’s Register survey finds no operational issues with wind propulsion system after extended service.

		Bunker Holding promotes Mikkel Kannegaard to chief operating officer Kannegaard has led transformation of supply organisation since joining in August 2025.

		Uni-Fuels seeks general manager for London bunker trading desk Nasdaq-listed marine fuel supplier recruits for commercial leadership role with P&L responsibility.

		NE Atlantic ECA will cause significant change to the current fuel mix \| Steve Bee, VPS The possibility of off-spec issues highlights the continuing need for proactive fuel testing to protect vessels.

		Smart ships failing to convert data into actionable intelligence, warns SmartSea Maritime technology firm claims vessels collect vast amounts of data but lack integration to support decision-making.

		DNV forecasts 100-fold growth in clean hydrogen by 2060, with China leading expansion Classification society projects $3.2tn investment in hydrogen sector, with maritime accounting for 15% of clean hydrogen use.

		Dual-fuel container ship and vehicle carrier fleet surpasses 1,200 vessels World Shipping Council reports 65% year-on-year increase in operational dual-fuel vessels to 440 ships.

		European Shipowners calls for ETS revenue investment and fuel supplier mandate ECSA urges the EU to invest €9bn in annual ETS revenues in fuel production and infrastructure.