Rotterdam Market Report

Fri 6 Jul 2012, 11:17 GMT

Rotterdam Market Report

CRUDE:

WTI dropped after the dollar rose against the euro, as the President of the European Central Bank said that the economic risks remain after the bank cut rates to a record low.

BARGE MARKET:

HS ex wharf - Offers --/ Bids --

LS ex wharf - Offers -- / Bids --

BUNKER MARKET:

Fuel hs/ls remains tight, some suppliers fully booked till 11th. Loading congestion at some terminals. Below numbers not for prompt product.

Dutch time : 11:30 hours

Fuel oil 380 cst rmg 35 - USD 583-586

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 636-639

Marine Gas Oil .86/LS 0.1% - USD 882-886

Marine Gas oil dma LS 0.1% - USD 863-866

MGO Netherlands Rotterdam (NL)


		Echandia wins battery contract for two electric tugs under India’s Green Tug Transition Programme Swedish battery maker secures second and third electric tug contracts in India’s port decarbonisation drive.

		Grimaldi presents ammonia-ready car carrier Grande Istanbul at Turkish port ceremony Vessel is one of 17 next-generation PCTCs commissioned by the Italian shipping group.

		Capital Ship Management takes delivery of methanol-ready Suezmax tanker Archigos The 157,000-dwt vessel, built in South Korea, features AI-assisted navigation and energy-saving technology.

		Molgas secures 10-year LNG truck-to-ship licence at the Port of Bilbao Spanish energy group obtains decade-long operating licence for LNG bunkering operations.

		CMA CGM names world’s largest LNG-powered containership in Le Havre The CMA CGM Notre Dame is formally welcomed into the French carrier’s fleet.

		IMO calls for speaker nominations for ammonia-as-fuel technical seminar Nomination deadline for upcoming ammonia marine fuel seminar in London is 17 July.

		OOCL Wisdom completes ‘first green methanol bunkering’ at Qingdao Port Vessel, claimed to be the world's largest methanol dual-fuel container ship, sets sail on maiden voyage to Europe.

		Oilmar seeks senior bunker trader for Dubai office Experienced trader with proven P&L responsibility sought by UAE-headquartered firm.

		ABS reviews bound4blue’s Pwind calculation methodology for eSAIL wind propulsion systems Independent review aims to ease regulatory compliance and accelerate adoption of suction sail technology.

		Port of Rotterdam appoints new programme manager for bunkering Astrid Sonnevelt has a background in renewable products, business development and emissions reduction.