Rotterdam Market Report

Fri 2 Nov 2012, 11:33 GMT

Rotterdam Market Report

CRUDE:

Oil rose to a one-week high after the Energy Department reported that crude supplies unexpectedly declined and as equities gained on increasing optimism that US economic growth is accelerating.

BARGE MARKET:

No offers // bids.

BUNKER MARKET:

Again big differences between suppliers due to different vision on market development and volatile crude market.

Below numbers not applicable to prompt product.

Dutch time: 12:00 hours

Fuel oil 380 cst RMG 35 HS 3.5% - USD 587-594

Fuel oil 380 cst RMG 35 LS 1.0% - USD 618-623

Marine Gas Oil .86/LS 0.1% - USD 942-948

Marine Gas Oil DMA .89/LS 0.1% - USD 917-923.

MGO Netherlands Rotterdam (NL)


		Capital Clean Energy Carriers and CMA CGM form joint venture to build $82.8m LNG bunkering vessel The 20,000-cbm dual-fuel vessel is due for delivery in the third quarter of 2028.

		Hong Kong launches port dues and vessel registration incentives to boost green fuel bunkering Two new schemes offer financial concessions to attract green fuel vessels and grow the Hong Kong fleet.

		Fincantieri delivers LNG-ready cruise ship Mein Schiff Flow to TUI Cruises The 160,000 gross-tonne vessel is the second of two InTUItion-class dual-fuel ships.

		Monjasa seeks trader for Fredericia-based Northwest Europe desk Bunker firm is recruiting a trader to join its Northwest Europe team.

		Barcelona and Shanghai sign strategic port cooperation agreement targeting green fuels and digital corridors Ports formalise a 'sister ports' relationship covering green shipping, digitalisation and intermodality.

		Chinese shipbuilder delivers 155,500-dwt LNG dual-fuel crude oil tanker Vessel handed over to Capital Ship Management Corp in China.

		Seaspan takes delivery of first 10,800-ceu dual-fuel LNG car carrier Glovis Lighthouse enters service as one of a handful of vessels globally to exceed 10,000 CEU capacity.

		Rotterdam study maps pathway for nuclear-powered commercial ship port calls A joint study by Lloyd's Register, the Port of Rotterdam, Core Power and Maersk examines the feasibility of nuclear vessel port calls.

		Kinkai Yusen conducts first biofuel demonstration on domestic ro-ro vessel at Hakata Port Japanese shipping company to trial B24 biofuel blend aboard the vessel Nanotsu on 16 June.

		Norwegian Energy Trading renews ISCC certification for biofuel trading Norwegian bunker trader says renewal reflects growing biofuel volumes and commitment to verifiable sustainability standards.