Rotterdam Market Report

Tue 11 Sep 2012, 11:14 GMT

Rotterdam Market Report

CRUDE:

Crude was little changed as traders waited to see whether the Federal Reserve will announce measures to revive the economy this week.

BARGE MARKET:

HS ex wharf: Bids 653

BUNKER MARKET:

Below numbers not applicable to prompt product. Market firmed in line with higher crude numbers.

Dutch time: 11:30 hours

Fuel oil 380 cst rmg 35 - USD 660-662

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 723-725

Marine Gas Oil .86/LS 0.1% - USD 992-995

Marine Gas oil dma LS 0.1% - USD 973-977

MGO Netherlands Rotterdam (NL)


		Belgian Trading & Bunkering expands DMA 0.89 truck deliveries in ARA region BTB extends marine fuel offerings with truck-based deliveries to meet maritime market demand.

		ABS convenes roundtable on offshore power barge for Great Lakes emissions reduction Meeting brought together ports, academia and industry to advance shore power solution under EPA programme.

		Maersk marks 50-year Lego partnership with dual-fuel vessel model Shipping company displays an exhibition of Lego sets spanning five decades at Copenhagen headquarters.

		Cosco Shipping takes delivery of 80,000-dwt methanol-ready grain carrier Guo Yun Hai features box-shaped cargo hold and methanol-ready design with energy-saving devices.

		Algeciras reports record LNG bunkering volumes, claims European top-three position Spanish port says it supplied 333,833 cbm of LNG across 78 ship-to-ship operations in 2025.

		T&E: Iran conflict costing shipping industry €340m a day in fuel costs Transport & Environment analysis shows marine fuel price surge has cost the industry €4.6bn since conflict began.

		Damen delivers second hybrid-ready combi freighter to German shipowner The vessel features biofuel capability and will be retrofitted with wind-assist technology with government funding.

		Retrofit capability expands as regulatory uncertainty slows alternative-fuel conversions Lloyd’s Register warns delayed conversions could compress demand into a narrower, costlier timeframe as the fleet ages.

		Bermuda Container Line imposes emergency bunker surcharge citing Iran War fuel price spike Shipping operator to add $150 per TEU charge from 1 May amid geopolitical fuel cost pressures.

		Zhejiang’s first methanol-powered container ship launches in Jiaxing Vessel uses methanol propulsion technology to reduce carbon dioxide emissions by 90%.