Thursday, July 5, 2007

Rotterdam's Vopak Sells Out of Ship Fuel After Demand Surges, Traders Say

(Bloomberg) -- Rotterdam's largest oil-storage unit
sold out of fuel that's used to power ships after demand at the
facility surged last month, two traders said.

There are no so-called bunker-grade supplies from the Vopak
terminal, Robin van Elderen, a Rotterdam-based trader at Frisol
BV, said today by e-mail. Buyers will have to use the nearby
Argos facility instead, Bart Joon, a trader in Rotterdam at
World Fuel Services Corp., the biggest broker of the fuel, said
by e-mail.


Read more at Bloomberg Energy News

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