Rotterdam Market Report

Tue 6 Nov 2012, 13:41 GMT

Rotterdam Market Report

CRUDE:

Oil prices rose in very choppy trading as investors remained cautious ahead of the US presidential election and with the recovery from Hurricane Sandy under way in the affected East Coast region.

BARGE MARKET:

No offers // bids.

BUNKER MARKET:

Market firming in line with crude numbers. Below numbers not applicable to prompt product. Some suppliers fully booked till 9th November.

Below numbers not applicable to prompt product.

Dutch time: 13:00 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 579-582

Fuel oil 380 cst RMG 35 LS 1.0% - USD 620-624

Marine Gas Oil .86/LS 0.1% - USD 938-945

Marine Gas Oil DMA .89/LS 0.1% - USD 917-925.

MGO Netherlands Rotterdam (NL)


		Verde Marine Energy completes its first B100 biofuel bunkering in ARA region Supplier delivers B100 advanced FAME to Vertom vessel.

		Bureau Veritas classes CMA CGM’s first 24,000-teu LNG dual-fuel mega boxship built by Yangzi Xinfu BV highlights work carried out during design, construction and commissioning of new new ultra-large container vessel.

		Shipping and aviation bodies urge EU to redirect ETS revenues into sustainable fuels ECSA and A4E say more than €11bn in annual ETS contributions must fund decarbonisation efforts.

		Bunker One deploys supply barge at Aberdeen South Harbour ahead of July launch Marine fuel supplier targets Aberdeen’s growing maritime sector with dedicated barge.

		Jiangnan Shipyard breaks ground on LPG-fuelled ammonia carrier for Jaldhi Overseas Constructions starts on 95,000-cbm vessel set to be world’s largest liquid ammonia carrier.

		Fortescue and CMB.Tech sign charter deal for up to 12 ammonia-capable bulkers The agreement covers 12 Newcastlemax vessels, with three to be delivered as dual-fuel ammonia ships by end-2026.

		Verra publishes new carbon methodology for alternative fuels in shipping VM0053 framework offers an accounting structure for emissions reductions in maritime transport.

		ICO launches Belgium’s first commercial shore power facility for ro-ro vessels at Zeebrugge NYK Group subsidiary connects pure car and truck carrier to green shore power at Belgian port.

		Dan-Bunkering completes LNG supply in China for Sallaum Lines’ newbuild PCTC Bunker firm delivers approximately 1,400 tonnes of LNG to Sallaum Lines’ newbuild car carrier in China.

		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.