Rotterdam Market Report

Tue 4 Sep 2012, 14:06 GMT

Rotterdam Market Report

CRUDE:

Oil rose on speculation central banks will take more steps to boost growth after manufacturing unexpectedly contracted in China.

BARGE MARKET:

One bid HS 661.

BUNKER MARKET:

Market firming in line with increased crude numbers. Below numbers not for prompt product. Big gap in prices, especially regarding LS numbers, due to different market vision between suppliers and shortage of LS.

Dutch time: 14.30 hours

Fuel oil 380 cst rmg 35 - USD 665-669

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 729-738

Marine Gas Oil .86/LS 0.1% - USD 1009-1014

Marine Gas oil dma LS 0.1% - USD 995-999

MGO Netherlands Rotterdam (NL)


		Low-GHG methane could keep LNG-capable fleet compliant as regulations tighten, DNV paper argues Biomethane and e-methane offer a compliance pathway for LNG-capable ships, says DNV.

		HaiSea's fleet of electric and dual-fuel tugboats completes 100th LNG carrier escort into Kitimat The Haisla Nation and Seaspan joint venture marks one year of LNG carrier escort operations in British Columbia.

		Naming ceremony held for LNG dual-fuel VLCC Mount Vision Crude oil tanker named in ceremony held in China.

		MOL signs bio-LNG supply deals for car carriers across Northern Europe and Mediterranean Japanese shipping group expands bio-LNG bunkering to Spanish ports as part of its net-zero strategy.

		Dan-Bunkering launches two-year trainee programme for aspiring marine fuel traders Bunker firm is recruiting trainees for an August 2026 start across its European offices.

		Chevron hiring London-based marine fuels marketer with renewable fuels remit Applications open until 30 June for role involving the marketing of physical bunker fuels with a focus on Europe.

		Burando Energies seeks operator to support Rotterdam bunkering activities New hire will be responsible for planning, coordinating and monitoring operational activities across the firm's bunkering business.

		Corvus Energy to supply battery systems for two new Scylla Shipping river cruise vessels Norwegian battery supplier extends its partnership with Swiss river cruise operator Scylla Shipping.

		NYK signs time-charter deal for two dual-fuel LPG-powered VLGCs Singapore subsidiary will provide gas carriers to carry Louisiana-produced ammonia to Japan.

		MOL wins LR technology award for wind-assisted propulsion on LNG carriers Lloyd’s Register honours Mitsui O.S.K. Lines for its Wind Challenger decarbonisation work.