Rotterdam Market Report

Mon 23 Jul 2012, 13:22 GMT

Rotterdam Market Report

CRUDE:

Oil fell for the first time in 8 days on concerns that European governments are not doing enough to contain the worsening debt crisis, raising speculation, that demand might slip.

BARGE MARKET:

Offers HS up from 593.00 to 596.50. Bids 592

BUNKER MARKET:

Product remains tight in Antwerp/Rotterdam. LS especially tight this week. Some suppliers fully booked till 27th July.

Dutch time : 12:40 hours

Fuel oil 380 cst rmg 35 - USD 596-602

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 650-655

Marine Gas Oil .86/LS 0.1% - USD 904-908

Marine Gas oil dma LS 0.1% - USD 892-897

MGO Netherlands Rotterdam (NL)


		Battery-methanol harbour tug completes sea trials ahead of Gothenburg deployment Svitzer Balder is claimed to be the most powerful electric escort tug in the world.

		Changhong International launches fourth LR2 tanker for Navios Chinese shipbuilder floats 115,000-tonne LR2/Aframax product tanker with methanol and LNG conversion capability.

		Nippon Yuka Kogyo launches lubrication oil analysis service for ammonia-fuelled engines Japanese company offers condition monitoring service to support adoption of ammonia as a marine fuel.

		CIMC Pacific Offshore Engineering advances two 20,000-cbm LNG bunkering vessel projects Two sister vessels for Singapore and Luxembourg owners reach construction milestones in China.

		Singapore maritime sector to accelerate AI adoption under new partnership MPA and SSA sign MOU to support AI implementation across shipping operations and bunkering.

		Portland Port receives licence for LNG ship-to-ship transfer operations UK port can now support direct LNG transfers, reducing transit times and streamlining logistics operations.

		Seafarer training must match pace of alternative fuel adoption, says Stream Marine Training Training provider highlights regulatory gap as methanol, ammonia and hydrogen gain traction in shipping.

		Jiangnan Shipyard delivers final methanol-ready car carrier to Anji Logistics The 9,500-vehicle capacity vessel completes a 12-ship series built for SAIC’s logistics arm since 2022.

		Nippon Biofuel secures METI funding for Africa-based marine biofuel supply chain Japanese company to establish Jatropha cultivation and biofuel production facilities in Mozambique and Ghana.

		Everllence’s ammonia-fuelled engine passes factory acceptance test ahead of October delivery Engine built by HHI-EMD will power Eastern Pacific Shipping’s very large ammonia carriers.