Rotterdam Market Report

Tue 18 Sep 2012, 11:14 GMT

Rotterdam Market Report

CRUDE:

Oil declined more than $3 in less than a minute as October options were about to expire, ending the day with the largest drop in eight weeks. Stockpiles are forecasted to rise in the U.S.

BARGE MARKET:

No offers // bids.

BUNKER MARKET:

Market in line with current crude numbers. Below numbers not applicable for prompt product.

Dutch time: 12:00 hours

Fuel oil 380 cst rmg 35 - USD 650-652

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 718-720

Marine Gas Oil .86/LS 0.1% - USD 992-994

Marine Gas oil dma LS 0.1% - USD 980-983

MGO Netherlands Rotterdam (NL)


		Lloyd’s Register examines LPG as marine fuel in new research report Classification society evaluates LPG emissions benefits, safety considerations and technology readiness for shipping.

		Finnlines begins construction of first methanol-capable ro-pax vessel in EUR 500m newbuild programme Grimaldi Group subsidiary begins work on Hansa Superstar class ships at Chinese shipyard.

		Navios Partners takes delivery of LNG- and methanol-ready boxship The 7,900-teu Navios Cyan is the first of four newbuildings in the series.

		Floating hydrogen power hub validated for grid-independent ship charging at berth ELIRE Maritime-led consortium validates modular platform delivering 5MW of clean power without a shoreside grid connection.

		PIL completes first LNG bunkering at Shanghai’s Mingdong Terminal Kota Ocean took on 4,300-cbm of LNG during simultaneous cargo operations.

		Estonia orders first fully electric ferry from Polish shipyard CRIST Battery-powered vessel designed by LMG Marin will operate on the Virtsu–Kuivastu route from 2028.

		X-Press Feeders trials ethanol-methanol blend in Rotterdam Container operator tests 10-90 ethanol-methanol fuel mix aboard Eco Levant vessel.

		Venture Energy signs green methanol cooperation agreement MoU establishes framework for long-term offtake and capacity development in maritime decarbonisation.

		Iberdrola España completes shore power installation at the Port of Pasaia Spanish utility installs onshore power supply system, enabling docked vessels to use renewable electricity.

		Itochu secures approval for ammonia bunkering trials in Singapore Japanese trading house to conduct two-year trial following MPA authorisation.