Rotterdam Market Report

Mon 12 Sep 2011, 11:40 GMT

Rotterdam Market Report

CRUDE:

Oil drastically decreased Friday afternoon as the euro tumbled against the dollar on concerns that Greece’s deteriorating debt crisis will lead to a default.

BARGE MARKET:

One offer only.

HS ex wharf - Offers 630 / Bids --

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

BUNKER MARKET:

Market increasing again at the moment. Prompt product tight for some suppliers till 14th.

Dutch time: 11:40 hrs

Fuel oil 380 cst rmg 35 - USD 631/634

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 650/655

Marine Gas Oil .86/LS 0,1% - USD 940/945

MGO Netherlands Rotterdam (NL)


		Agreement signed to bring shore power to Rotterdam shortsea terminal by 2030 Shore power partnership at Rotterdam’s RST terminal targets AFIR compliance and reduced ship emissions at berth by end of decade.

		Equatorial Marine Fuel receives dual sustainability recognitions in 2026 Singapore-based bunker firm earns the LowCarbonSG logo and an EcoVadis Bronze Medal.

		Red Sea diversions and Mediterranean emissions rules set to squeeze bunker supply, warns Peninsula Bunker supplier Peninsula warns rerouted tankers face soaring fuel costs and regulatory penalties.

		Hydrogen maritime workshop held to push early regulatory alignment Classification society and French maritime authority explore pathways for hydrogen deployment at sea.

		Changhong International undocks seventh LNG dual-fuel container ship for MSC Vessel is part of a series fitted with ammonia-ready and methanol-ready provisions.

		IBIA urges further investigation into marine fuel concerns linked to shale oil components Industry body says evidence does not establish a direct link between shale oil and reported operational issues.

		ABS grants AiP for LNG bunkering barge design Samsung Heavy Industries and Conrad Shipyard receive AiP for basic design under joint development.

		ABB and Econowind combine wind propulsion with digital routing to cut ship emissions The partnership integrates wind-assisted propulsion with weather routing to reduce fuel consumption.

		Peninsula seeks junior cargo trader for Dubai role Position centres on the procurement of marine fuels, blending components and associated products.

		Island Oil opens operations to students in summer internship programme Cyprus-based firm gives students hands-on experience across its bunker business.