Rotterdam Market Report

Mon 12 Nov 2012, 12:46 GMT

Rotterdam Market Report

CRUDE:

WTI advanced as data showing consumer confidence climbed to a 5-year high, helping ease concern that a political stalemate in Washington will lead to a fiscal crisis.

BARGE MARKET:

No offers // bids.

BUNKER MARKET:

Again big difference in prices due to different market vision between suppliers. Below numbers not applicable to prompt product.

Dutch time: 12:45 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 582-593

Fuel oil 380 cst RMG 35 LS 1.0% - USD 613-623

Marine Gas Oil .86/LS 0.1% - USD 930-936

Marine Gas Oil DMA .89/LS 0.1% - USD 914-920.

MGO Netherlands Rotterdam (NL)


		Petronor and H2SITE to deploy membrane technology for hydrogen separation at Spanish refinery Partnership aims to integrate membrane reactor into steam methane reforming process to enhance efficiency.

		MOL completes world’s first retrofit installation of Wind Challenger sail system on operating coal carrier Hard-sail propulsion system installed on Kurotakisan Maru III during service for J-Power coal transport operations.

		Singapore, LA and Long Beach ports renew green shipping corridor MoU Three-year extension focuses on alternative fuels, digitalisation and supply chain resilience on Trans-Pacific route.

		Schottel supplies propulsion for Mureloil’s hybrid chemical tanker Bahía Beatriz joins sister ship to double Spanish operator’s biofuel and methanol transport capacity.

		Chimbusco launches six digital bunker products, including AI model and green fuel tools Cosco subsidiary unveils customer platform, AI system and methanol calculators for marine fuel sector.

		Grimaldi takes delivery of 10th ammonia-ready car carrier Grande Tokyo The 9,200-ceu vessel completes a seven-ship series built at Chinese yards for vehicle logistics.

		Rolls-Royce Power Systems switches German engine test facilities to HVO fuel Company saved 3,200 tonnes of CO2 by end of 2025 after switching to renewable diesel.

		Changhong International delivers final LNG dual-fuel container ship 205 days early Chinese shipbuilder completes 10-vessel series for MSC with delivery of 11,500-teu MSC Migsan.

		Oilmar seeks senior and mid-level bunker traders in Seoul Marine fuel firm aims to recruit experienced traders for South Korean operations.

		Global Ethanol Association to present on ethanol marine fuel at London shipping expo Morten Thomas Jacobsen will discuss ethanol fuel trials and maritime decarbonisation challenges in June.