Rotterdam Market Report

Fri 28 Dec 2012, 12:08 GMT

Rotterdam Market Report

CRUDE:

Crude fell as Senate Majority Leader said that lawmakers and President Obama are unlikely to reach a deal to avert a fiscal crisis.

BARGE MARKET:

No offers // bids.

BUNKER MARKET:

Stable market at the moment, no aggressive selling. Suppliers will apply surcharges for New Year’s deliveries. Below numbers not applicable to prompt product.

Dutch time: 12:10 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 583-586

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

Marine Gas Oil .86/LS 0.1% - USD 945-947

Marine Gas Oil DMA .89/LS 0.1% - USD 922-925.

MGO Netherlands Rotterdam (NL)


		Echandia: Batteries offer fuel savings by optimising generator loads on large vessels Marine batteries could cut auxiliary generator fuel consumption by up to 15%, according to technology firm.

		Amazónica LNG joins SEA-LNG, extending the coalition’s reach into Latin America Colombian LNG terminal operator becomes first South American member of the multi-sector industry group.

		Hong Lam Marine launches first of four newbuild bunkering vessels First ship in the series, Priority, is launched in Jiangmen, China.

		CMA CGM completes world’s largest single-batch biomethanol bunkering at Shanghai 8,016-tonne operation said to be enough to fuel an entire transoceanic voyage.

		ClassNK revises alternative fuels guidelines to address hydrogen, methanol and ethanol safety requirements Updated guidelines incorporate IMO hydrogen rules and new structural standards for alcohol fuel tanks.

		MacGregor wins cargo handling contract for six LNG-powered boxships at Cochin Shipyard CMA CGM container vessels are scheduled for delivery between 2029 and 2031.

		Estonia launches biomethane-battery workboat for state fleet 38-metre KRATT is said to be the first vessel of its kind in the region.

		Yang Ming completes first LNG SIMOPS bunkering for YM Willpower in Shanghai Dual-fuel boxship receives 2,000 tonnes of LNG during simultaneous cargo operations.

		AYK Energy and Gebhard Electro secure two vessel electrification contracts A new dredger and a patrol vessel retrofit form the latest battery projects for the duo.

		Everllence and Hudong-Zhonghua sign engineering design agreement for LNG carrier development Agreement covers 180,000-cbm LNG carrier featuring a hybrid-electric propulsion system.