Rotterdam Market Report

Fri 20 Jul 2012, 11:52 GMT

Rotterdam Market Report

CRUDE:

Oil rose to its highest level in eight weeks on rising concerns that faltering stability in the Middle East will disrupt supplies from a region responsible for about one-third of world production.

BARGE MARKET:

HS ex wharf - Offers --/ Bids --

LS ex wharf - Offers -- / Bids --

BUNKER MARKET:

Market increased again and in line with current crude numbers. Availability for HS/LS remains very tight (also for Antwerp). Some suppliers are even fully booked for LS till July 26th 2012. Below numbers not valid for prompt product (if available at all).

Dutch time : 12:15 hours

Fuel oil 380 cst rmg 35 - USD 619-622

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 670-673

Marine Gas Oil .86/LS 0.1% - USD 923-926

Marine Gas oil dma LS 0.1% - USD 908-911

MGO Netherlands Rotterdam (NL)


		Renewable methanol project pipeline reaches 61 MMT as China groundbreakings accelerate GENA Solutions reports pipeline growth despite concerns over construction readiness for Chinese projects.

		Berg Propulsion to supply propulsion system for Akdeniz-built chemical tanker Turkish shipyard Akdeniz orders diesel-electric propulsion package for an 8,000-dwt vessel destined for Transka Tankers.

		China Classification Society certifies 740-teu pure-electric container ship Ningyuan Diankun features battery-swapping capability and is claimed to eliminate 1,462 tonnes of CO2 annually.

		Lloyd’s Register to host UK ETS and FuelEU Maritime briefing in London Event on 12 May will examine maritime emissions regulations ahead of UK ETS expansion.

		Japanese shipbuilder delivers dual-fuel LNG bulk carrier Ruri Planet The 209,000-tonne Capesize vessel can run on heavy fuel oil or LNG.

		L&T Energy GreenTech signs 300,000-tonne green ammonia supply deal with Itochu Indian firm to supply Japanese trading house from planned Kandla facility for marine fuel applications.

		Methanol-powered container ship named CMA CGM D’Artagnan French shipping group adds vessel to methanol fleet as part of net-zero target.

		Bound4blue completes second suction sail installation for Maersk Tankers Four 24-metre eSAIL units fitted on Maersk Tahiti at Chinese shipyard in April.

		Asia-Pacific ports advance cross-sector hydrogen and e-fuel infrastructure Accelleron report highlights a coordinated approach combining energy, industry and shipping demand to stimulate market development.

		Exmar lays keel for ammonia-powered midsize gas carrier Belgian shipping company marks construction milestone for dual-fuel vessel at Hyundai Heavy Industries yard.