Rotterdam Market Report

Fri 5 Aug 2011, 11:31 GMT

Rotterdam Market Report

CRUDE:

Oil fell to its lowest in 8 months in NY for the biggest weekly decline since May on speculation that fuel demand will falter as US economic growth stalls and Europe’s debt crises worsens.

BARGE MARKET:

No offers // bids

HS ex wharf: Offers -- / Bids --

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

BUNKER MARKET:

Prompt product tight till 9th August in Rotterdam, till 10th August in Antwerp. Below mentioned numbers are not for prompt product. Congestion at installations 3 / 4 days. Gas oil numbers "jumping" up and down. Within 1 hour usd 10 difference

Dutch time: 11:15 hrs

Fuel oil 380 cst rmg 35 - USD 634/636

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 661/663

Marine Gas Oil .86/LS 0,1% - USD 934/940

MGO Netherlands Rotterdam (NL)


		CSSC units sign contract for four tri-fuel ore carriers Ships feature a tri-fuel propulsion system combining ethanol, methanol and fuel oil.

		Bunker One seeks oil derivatives trader for Houston desk New hire to work alongside trading and sales, providing hedging solutions for physical exposure.

		Kawasaki delivers 13th LPG-fuelled LPG/ammonia carrier 86,700-cbm vessel is shipbuilder's 20th delivery featuring LPG-fuel propulsion.

		TUI Cruises puts both InTUItion-class ships on bio-LNG as fleet targets 50,000-tonne CO₂e saving in 2026 German cruise operator says bio-LNG use across two newbuilds has already cut 26,000 tonnes of CO₂e.

		MCE Marine Surveyors seeks bunker surveyor in Rotterdam amid growing demand Liquid bulk surveyor certificate listed as a preference, as is prior experience in a bunker surveyor role.

		LNG dual-fuel tanker delivered to Capital Ship Management Vessel one of two handed over to Greek operators on the same day.

		Auramarine seeks quality specialist to unify European and Asian management systems Finnish fuel supply system maker is recruiting a quality specialist to harmonise its global operations.

		Navios Maritime Partners takes delivery of LNG- and methanol-ready Aframax tanker 117,012-dwt Nave Orbit features alternative-fuel readiness and energy-efficiency technology.

		PetroChina International seeks bunker sales manager to drive European growth Chinese state-owned energy trader targets ARA expansion with new commercial hire.

		Damen delivers HVO-ready CF 3850 to Lithuania’s Juru Agentura Forsa CF Anja marks the first newbuild vessel in Forsa’s dry cargo fleet.