Rotterdam Market Report

Thu 20 Sep 2012, 13:11 GMT

Rotterdam Market Report

CRUDE:

Oil tumbled to a six-week low after U.S. crude inventories surged as production and imports rebounded from Hurricane Isaac. U.S. data showed that stockpiles climbed the most since March, signalling an easing of fuel demand.

BARGE MARKET:

No offers // bids.

BUNKER MARKET:

Market decreased substantially and currently in line with lower crude numbers. Below numbers not applicable to prompt product.

Dutch time: 13:15 hours

Fuel oil 380 cst rmg 35 - USD 612-615

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

Marine Gas Oil .86/LS 0.1% - USD 956-958

Marine Gas oil dma LS 0.1% - USD 942-945

MGO Netherlands Rotterdam (NL)


		MOL signs first annual LNG bunkering contract for car carriers in Vancouver Japanese shipping company secures year-round fuel supply with Seaspan Energy at Canadian port.

		Gasum’s maritime bio-LNG sales surge from 0.8% to 12.3% in 2025 Nordic energy company attributes growth to FuelEU Maritime regulation introduced in 2025.

		Valenciaport gives LNG bunkering go-ahead to Shell and Axpo Iberia Port authority approves two LNG bunkering authorisations as part of its decarbonisation strategy.

		BSM enters LCO₂ carrier segment with management of dual-fuel Northern Purpose Bernhard Schulte Shipmanagement takes over first liquefied carbon dioxide carrier for Northern Lights project.

		Fratelli Cosulich takes delivery of methanol-ready bunker tanker Anna Cosulich Vessel built in China will head to Singapore to support group's bunkering operations.

		Navios Partners takes delivery of dual-fuel-ready Aframax tanker Nave Equator is equipped with LNG- and methanol-ready capability plus shore power connectivity.

		EmissionLink completes FuelEU pooling submissions for over 600 vessels Emissions management service says 90% of shipowners opted to pool in the first compliance cycle.

		China's first inland hydrogen fuel cell container ship enters commercial service Dong Fang Qing Gang operates in Jiaxing with 64-teu capacity and zero emissions.

		Damen receives methanol approval for ASD Tug 2713 fuel-flexible design Bureau Veritas and Dutch flag state grant approval, enabling construction of methanol-ready tugs.

		Sing Fuels seeks supply trader for China-focused marine fuel procurement role Singapore-based firm recruiting for position involving supplier negotiations and market tracking across Asia.