Rotterdam Market Report

Wed 12 Dec 2012, 11:33 GMT

Rotterdam Market Report

CRUDE:

Oil fluctuated as German investor confidence jumped to a seven-month high in December and as OPEC members gathered in Vienna to discuss output levels.

BARGE MARKET:

No offers // bids.

BUNKER MARKET:

Below numbers not applicable to prompt product.

Dutch time: 12:00 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 577-579

Fuel oil 380 cst RMG 35 LS 1.0% - USD 613-615

Marine Gas Oil .86/LS 0.1% - USD 917-919

Marine Gas Oil DMA .89/LS 0.1% - USD 897-899.

MGO Netherlands Rotterdam (NL)


		Molgas completes first LNG bunkering operation at Palermo Spanish energy firm carries out maiden LNG delivery at Sicilian port.

		Tsuneishi China delivers third methanol dual-fuel boxship in series Zhoushan shipbuilder hands over another 5,900-teu Maersk container vessel.

		Everllence completes type approval test for ammonia engine ahead of sea trials Eight classification societies oversee testing of ME-LGIA ammonia engine at Copenhagen research centre.

		CPN bunker barge becomes first vessel listed under Hong Kong’s new quality bunkering scheme Zhong Ran 23 achieves listing under the Marine Department’s voluntary mass flow metering initiative.

		Bunker Holding posts $73m pre-tax profit amid geopolitical headwinds and board overhaul Marine fuels exceeds its own expectations despite 4% revenue decline.

		Oilmar formalises governance structure with establishment of board of directors Dubai-based marine fuels trader Oilmar appoints three-member board.

		Vestas Wind Systems CEO appointed vice chair of Bunker Holding Henrik Andersen joins the board of the marine fuels group with more than two decades of international business experience.

		Maersk Tankers CEO Tina Revsbech joins Bunker Holding board Danish USTC Group appoints shipping veteran to subsidiary’s board of directors.

		CSL delivers world’s first battery-powered self-unloading bulk carrier MV Yampu will transport limestone for Adbri in Australia, with full electric operation targeted by 2031.

		NYK, Yanmar and Eneos to install hydrogen fuel cell system on new Tokyo dining cruise vessel Three Japanese companies are collaborating to bring hydrogen propulsion to a dining cruise ship due to enter service in 2027.