Rotterdam Market Report

Mon 24 Feb 2014, 12:15 GMT

Rotterdam Market Report

Crude:

WTI fell on speculation prices have climbed more than justified as the heating season nears its end. Brent also slipped, narrowing a weekly advance.

Bunker Market:

Prompt LS remains tight. Below numbers are not for prompt product.

Dutch time: 11:45 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 589-592

Fuel oil 380 cst RMG 35 LS 1.0% - USD 639-645

Marine Gas Oil .86/LS 0.1% - USD 932-938

Marine Gas Oil DMA .89/LS 0.1% - USD 892-900.

MGO Netherlands Rotterdam (NL)


		ClassNK grants world-first approval for ammonia-fuelled bulk carrier with Type B fuel tanks Japanese classification society issues AiP for Panamax design with tanks installed on exposed deck.

		EmissionLink warns UK ETS preparations at risk amid Strait of Hormuz focus Maritime emissions compliance provider says regulatory deadline cannot be delayed despite geopolitical disruptions.

		FortisBC completes 10,000th LNG bunkering operation for marine vessels Canadian utility reaches refuelling milestone as West Coast LNG marine fuel demand grows.

		Bureau Veritas approves dual-fuel tanker designs for Australian coastal operations SeaTech Solutions receives approval in principle for 80 m vessels designed to carry methanol and biofuels.

		Japanese shipping firms secure government funding for Singapore ammonia bunkering trial Sumitomo, K Line and NYK to demonstrate ship-to-ship ammonia fuel supply operations.

		PIL and PSA launch Singapore’s first joint land-sea green shipping service DNV-verified service allows shippers to reduce Scope 3 emissions through lower-carbon fuel allocation.

		Baleària begins sea trials of dual-fuel catamaran Mercedes Pinto in Gijón Third LNG-powered fast ferry expected for delivery in May, destined for Canary Islands routes.

		Navios Partners takes delivery of dual-fuel-ready Aframax tanker Nave Amaryllis is equipped with LNG and methanol readiness alongside shore power capability.

		IBIA backs IMO as global shipping regulator ahead of MEPC 84 Marine fuel industry body supports joint shipping statement emphasising multi-stakeholder approach to decarbonisation.

		SRC Group’s Methanol Superstorage has received RINA Type Approval Space-efficient fuel tank system has gained formal certification, enabling methanol adoption without sacrificing storage capacity.