Rotterdam Market Report

Wed 6 May 2015, 10:14 GMT

Rotterdam Market Report

Market report from Marine Bunkering (Rotterdam) B.V.

Crude:

Oil prices hit their highest for the year on Tuesday, aided by a disruption in Libyan crude exports, higher selling prices for Saudi oil and a weaker dollar that tends to inflate commodity prices.

Bunker Market:

Low availability of fuel oil in Rotterdam

Dutch time: 11.05 hours.

Fuel oil RMG 380 HS 3.5% - USD 364-366

Marine Gas Oil DMA .89/ LS 0.1% - USD 606-610.

MGO Netherlands Rotterdam (NL)


		Seaspan takes delivery of first 10,800 CEU dual-fuel LNG car carrier Glovis Lighthouse enters service as one of a handful of vessels globally to exceed 10,000 CEU capacity.

		Rotterdam study maps pathway for nuclear-powered commercial ship port calls A joint study by Lloyd's Register, the Port of Rotterdam, Core Power and Maersk examines the feasibility of nuclear vessel port calls.

		Kinkai Yusen conducts first biofuel demonstration on domestic ro-ro vessel at Hakata Port Japanese shipping company to trial B24 biofuel blend aboard the vessel Nanotsu on 16 June.

		Norwegian Energy Trading renews ISCC certification for biofuel trading Norwegian bunker trader says renewal reflects growing biofuel volumes and commitment to verifiable sustainability standards.

		Jiangnan delivers VLAC with LPG dual-fuel main engine Vessel is claimed to be the world’s first 93,000 cbm very large ammonia carrier.

		BIMCO adopts biofuel clause for time charter parties The shipping body has introduced a new contractual clause to govern the use of biofuels under time charter agreements.

		UK research vessel Prince Madog wins LR certification for hydrogen fuel cell retrofit Lloyd’s Register certifies what is claimed to be the first sea-going, manned hydrogen retrofit of its kind.

		World Fuel seeks marine lube operations and sales executive in Greece US firm is recruiting for a commercial role focused on marine lubricants, based out of its Glyfada office.

		European Shipowners calls for fuel supplier mandates and ETS revenue investment ahead of policy revision Industry body urges EU policymakers to redirect carbon revenues into clean marine fuel production.

		Gasum secures LNG terminal capacity at Klaipėda through 2040 Nordic energy company locks in long-term LNG supply access to serve northwestern European markets.