Rotterdam Market Report

Mon 21 Nov 2011, 11:20 GMT

Rotterdam Market Report

CRUDE:

WTI declined, widening its discount to Brent crude, on speculation that the reversal of the Seaway pipeline won’t be enough to eliminate a glut in the US Midwest.

BARGE MARKET:

No offers // bids.

HS ex wharf - Offers --/ Bids --

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

BUNKER MARKET:

Prompt product remains very tight. Below numbers not for prompt deliveries. Please note that problems with loading have spread to Antwerp, ongoing huge congestion at most of the Antwerp/Flushing refineries!

Big gap in prices due to different vision in market development between suppliers.

Dutch time: 11.20 hours

Fuel oil 380 cst rmg 35 - USD 615-620

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 645-653

Marine Gas Oil .86/LS 0.1% - USD 967-970

Marine Gas oil dma LS 0.1% - USD956-959

MGO Netherlands Rotterdam (NL)


		Exmar lays keel for ammonia-powered midsize gas carrier Belgian shipping company marks construction milestone for dual-fuel vessel at Hyundai Heavy Industries yard.

		MOL installs dual Wind Challenger hard sails on LNG carrier under construction Japanese shipping company fits telescoping hard sails at Hanwha Ocean's Geoje yard for 2026 delivery.

		IBIA to host members meeting on mass flow meter survey findings Session on 14 May will examine global MFM implementation and fuel quality transparency.

		GCMD outlines phased approach to ammonia bunkering safety and operations Organisation details three-phase programme spanning 2023–2026 to address safety gaps in ammonia bunkering.

		Johnson Matthey to supply methanol technology for Liquid Sunshine biomethanol plant in China First phase aims for 75,000 tonnes annual capacity, with potential e-methanol expansion planned.

		CCS issues methanol and scrubber certifications at Singapore Maritime Week State-owned enterprise presents methanol classification certificate and approves open-loop exhaust gas cleaning system.

		Dan-Bunkering seeks senior fuel supplier for Houston office Marine fuel supplier is recruiting for a strategic role managing key accounts across the Americas oil and gas sector.

		Monjasa reports $39m profit as marine fuel volumes hold steady at 6.8m tonnes Danish bunker supplier maintains volumes despite muted demand, with equity reaching $472m in 2025.

		Osaka Gas launches ship-to-ship LNG bunkering in Japan Japanese energy company now offers all three primary LNG fuel supply methods for vessels.

		Gasum converts to a public limited company to diversify financing options Finnish energy company changes legal structure from private to public limited liability company.