Rotterdam Market Report

Thu 19 May 2011, 11:22 GMT

Rotterdam Market Report

CRUDE :

Crude jumped up after Energy Department showed an unexpected drop in US inventories as refineries bolstered operating rates and imports declined.

BARGE MARKET:

No offers // bids.

BUNKER MARKET:

Product remains short in Rotterdam. Below numbers not for prompt product.

Dutch time: 11:45 hrs.

Fuel oil 380 cst rmg 35 - USD 610/612

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 646/650

Marine Gas Oil .86/LS 0,1% - USD 925/930

MGO Netherlands Rotterdam (NL)


		ROC begins construction of second chemical tanker for Essberger Chinese shipbuilder holds steel-cutting ceremony for 13,000-dwt methanol-ready vessel with ice class capability.

		Norsepower and Cosco Shipping Heavy Industry Equipment sign wind propulsion cooperation agreement Wind propulsion technology provider partners with Chinese shipyard to scale rotor sail production.

		Shipping firms struggle to prioritise decarbonisation investments amid regulatory uncertainty, Wärtsilä survey finds Survey of 225 maritime executives reveals 70% say uncertainty hinders investment decisions despite regulatory pressure.

		Longitude Engineering unveils IMT Isca G-Flex PSV design with alternative fuel capability Naval architecture firm launches adaptable platform support vessel design based on the IMT-984 G-Class hull.

		Shore power infrastructure is key to cutting ferry emissions in European cities, says EmissionLink Port electrification is needed to enable vessels to switch off engines at berth, reducing urban pollution.

		Singapore prioritises maritime resilience amid geopolitical uncertainty, eyes digitalisation and green fuels MPA chief outlines the sector’s adaptation to supply chain disruptions while advancing automation and alternative fuels.

		China exports first domestically blended biofuel for marine use from Zhoushan A vessel carries 2,600 tonnes of biofuel blend to Qingdao Port for international ship refuelling.

		H2SITE to present ammonia-cracking technology at Green Ammonia Energy Workshop Spanish company to showcase APOLO project's role in producing hydrogen for maritime decarbonisation.

		Tsuneishi-Cebu delivers methanol dual-fuel Kamsarmax bulker Philippine shipyard hands over 81,100-tonne deadweight vessel capable of running on methanol fuel.

		Port of Rotterdam secures EUR90m EIB loan for shore power installations Financing will support shore power infrastructure at three container terminals, with an EU grant also approved.