Rotterdam Market Report

Wed 23 Nov 2011, 10:52 GMT

Rotterdam Market Report

CRUDE:

Crude firm as new sanctions against Iran and protests in Egypt raised concern that supplies will be disrupted

BARGE MARKET:

No offers // bids.

HS ex wharf - Offers --/ Bids --

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

BUNKER MARKET:

Prompt product is expected to remain tight this month. Some suppliers hoping to get replenishment over the weekend. Still congestion at installations. Below numbers are not for prompt product.

Dutch time: 10.40 hours

Fuel oil 380 cst rmg 35 - USD 624-627

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 655-660

Marine Gas Oil .86/LS 0.1% - USD 963-968

Marine Gas oil dma LS 0.1% - USD953-958

MGO Netherlands Rotterdam (NL)


		Titan Clean Fuels completes first FuelEU Maritime pooling exercise with DNV verification Pool included several hundred vessels, with LNG and biomethane helping balance compliance deficits.

		ClassNK grants world-first approval for ammonia-fuelled bulk carrier with Type B fuel tanks Japanese classification society issues AiP for Panamax design with tanks installed on exposed deck.

		EmissionLink warns UK ETS preparations at risk amid Strait of Hormuz focus Maritime emissions compliance provider says regulatory deadline cannot be delayed despite geopolitical disruptions.

		FortisBC completes 10,000th LNG bunkering operation for marine vessels Canadian utility reaches refuelling milestone as West Coast LNG marine fuel demand grows.

		Bureau Veritas approves dual-fuel tanker designs for Australian coastal operations SeaTech Solutions receives approval in principle for 80 m vessels designed to carry methanol and biofuels.

		Japanese shipping firms secure government funding for Singapore ammonia bunkering trial Sumitomo, K Line and NYK to demonstrate ship-to-ship ammonia fuel supply operations.

		PIL and PSA launch Singapore’s first joint land-sea green shipping service DNV-verified service allows shippers to reduce Scope 3 emissions through lower-carbon fuel allocation.

		Baleària begins sea trials of dual-fuel catamaran Mercedes Pinto in Gijón Third LNG-powered fast ferry expected for delivery in May, destined for Canary Islands routes.

		Navios Partners takes delivery of dual-fuel-ready Aframax tanker Nave Amaryllis is equipped with LNG and methanol readiness alongside shore power capability.

		IBIA backs IMO as global shipping regulator ahead of MEPC 84 Marine fuel industry body supports joint shipping statement emphasising multi-stakeholder approach to decarbonisation.