Rotterdam Market Report

Thu 12 Jul 2012, 10:55 GMT

Rotterdam Market Report

CRUDE:

Crude numbers rose as the U.S. Energy Department reported that crude supplies dropped and refineries operated at the highest rate in almost five years.

BARGE MARKET:

HS ex wharf - Offers --/ Bids --

LS ex wharf - Offers -- / Bids --

BUNKER MARKET:

Some suppliers fully booked till 16th July. HS/LS remains tight. Below numbers not valid for prompt product. Congestion at Rotterdam and Antwerp loading installations.

Dutch time : 11:30 hours

Fuel oil 380 cst rmg 35 - USD 572-574

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 620-623

Marine Gas Oil .86/LS 0.1% - USD 867-869

Marine Gas oil dma LS 0.1% - USD 854-857

MGO


		Molgas completes first LNG bunkering operation at Palermo Spanish energy firm carries out maiden LNG delivery at Sicilian port.

		Tsuneishi China delivers third methanol dual-fuel boxship in series Zhoushan shipbuilder hands over another 5,900-teu Maersk container vessel.

		Everllence completes type approval test for ammonia engine ahead of sea trials Eight classification societies oversee testing of ME-LGIA ammonia engine at Copenhagen research centre.

		CPN bunker barge becomes first vessel listed under Hong Kong’s new quality bunkering scheme Zhong Ran 23 achieves listing under the Marine Department’s voluntary mass flow metering initiative.

		Bunker Holding posts $73m pre-tax profit amid geopolitical headwinds and board overhaul Marine fuels exceeds its own expectations despite 4% revenue decline.

		Oilmar formalises governance structure with establishment of board of directors Dubai-based marine fuels trader Oilmar appoints three-member board.

		Vestas Wind Systems CEO appointed vice chair of Bunker Holding Henrik Andersen joins the board of the marine fuels group with more than two decades of international business experience.

		Maersk Tankers CEO Tina Revsbech joins Bunker Holding board Danish USTC Group appoints shipping veteran to subsidiary’s board of directors.

		CSL delivers world’s first battery-powered self-unloading bulk carrier MV Yampu will transport limestone for Adbri in Australia, with full electric operation targeted by 2031.

		NYK, Yanmar and Eneos to install hydrogen fuel cell system on new Tokyo dining cruise vessel Three Japanese companies are collaborating to bring hydrogen propulsion to a dining cruise ship due to enter service in 2027.