Thu 17 Mar 2011, 10:51 GMT

Rotterdam Market Report



CRUDE :

Escalating violence in Bahrain causes concern turmoil will spread to Saudi Arabia

BARGE MARKET:

No offers // bids

HS ex wharf - Offers -- / Bids --

LS ex wharf 1,0% - Offers -- / Bids --

BUNKER MARKET:

Irregular market and tight availability for prompt material. Gap in prices due to different vision in market development between suppliers.

Dutch time: 11:30 hrs.

Fuel oil 380 cst rmg 35 - USD 596/598

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 654/658

Marine Gas Oil (LS 86/0,1) - USD 977/979


Panos Mitrou and Yoshikazu Kondo. MOL wins LR technology award for wind-assisted propulsion on LNG carriers  

Lloyd’s Register honours Mitsui O.S.K. Lines for its Wind Challenger decarbonisation work.

Echandia Core marine battery system. Echandia to supply battery system for Incat’s new 78-metre hybrid ferry  

Swedish battery maker Echandia wins first order from Australian high-speed ferry builder Incat.

Martin Vorgod, Global Risk Management. Global Risk Management posts $9.4m pre-tax profit amid low-volatility energy markets  

Danish hedging firm grows client base and broadens product range despite subdued market conditions.

Lloyd's Register grants approval for BeHydro hydrogen engine. Lloyd’s Register grants first type approval for 100% hydrogen marine engine  

BeHydro’s spark-ignited engine, tested in Ghent, operates entirely on hydrogen without pilot fuel.

Truck-to-ship (TTS) LNG bunkering at Port of Palermo. Molgas completes first LNG bunkering operation at Palermo  

Spanish energy firm carries out maiden LNG delivery at Sicilian port.

Maersk 5,900-teu vessel. Tsuneishi China delivers third methanol dual-fuel boxship in series  

Zhoushan shipbuilder hands over another 5,900-teu Maersk container vessel.

Type approval test (TAT) for ME-LGIA ammonia engine. 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.

Zhong Ran 23 vessel. 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.

Peder Moller, Bunker Holding. Bunker Holding posts $73m pre-tax profit amid geopolitical headwinds and board overhaul  

Marine fuels exceeds its own expectations despite 4% revenue decline.

Oilmar Board of Directors graphic. Oilmar formalises governance structure with establishment of board of directors  

Dubai-based marine fuels trader Oilmar appoints three-member board.