2018 WEEK 15 EDITION #04 - RVB Company · 2 MARKET REPORT 2018 – WEEK 15 – EDITION #04 1/...

MARKET REPORT 2018 – WEEK 15 – EDITION #04

2


1/ VEGOILS – SOUTH AMERICA

Edible Update – volume fixed since our last report: 641.950 mt / YTD 2.608.870 mt

Under normal circumstances we believe the export markets for vegetable oils would have been a lot busier

at this time of the year. But with the uncertainty in the agri commodities markets caused by the threat of a

trade war between the United States and China a lot of traders seem to be taking a wait and see approach.

In a nutshell here is what is going on. The Trump administration is raising import duties on various types of

products/goods, mainly those the USA import from China. As a countermeasure the Chinese government is

now saying it will raise import tariffs on US produced goods, including amongst others soybeans. This has had

a significant effect on the soybean/soyaoil markets. The price for US produced soybeans depreciated

significantly whereas Brazilian and Argentinian soybeans started trading at a premium. Making them

effectively less attractive to crushers in Argentina and Brazil. How far this will affect the total export volume

for the 2018 season remains to be seen, but it is now clear that the annual pick up of exports in

April/May/June will likely be less steep then in previous years.

0

200.000

400.000

600.000

800.000

1.000.000

1.200.000

1 2 3 4 5 6 7 8 9 10 11 12

MONTHLY EXPORT VOLUMES SOUTH AMERICA

2013 2014 2015 2016 2017 2018 5yr Ø

$-

$10,00

$20,00

$30,00

$40,00

$50,00

$60,00

$70,00

jan

-13

mrt

-13

mei

-13

jul-

13

sep

-13

no

v-1

3

jan

-14

mrt

-14

mei

-14

jul-

14

sep

-14

no

v-1

4

jan

-15

mrt

-15

mei

-15

jul-

15

sep

-15

no

v-1

5

jan

-16

mrt

-16

mei

-16

jul-

16

sep

-16

no

v-1

6

jan

-17

mrt

-17

mei

-17

jul-

17

sep

-17

no

v-1

7

jan

-18

mrt

-18

SOUTH AMERICA / INDIA FREIGHTS 2013/18

Arg/India 1/2 Arg/India 2/2

3


On freights fixed in the past period there is very little interesting to report. Rates have moved more or less

sideways. At the time of writing we note that rates quoted are starting to soften a touch compared to last

done levels.

EDIBLE OIL/SME FREIGHT ESTIMATES - WEEK 15 2018 THIS WEEK CHANGE TREND

ARGENTINA/WEST MED 18/20000T 1/1 $45/47 $0 →

ARGENTINA/WEST MED 25/30000T 1/1 $30/32 $0 →

ARGENTINA/EAST MED 18/20000T 1/1 $46/49 $0 →

ARGENTINA/EAST MED 25/30000T 1/1 $31/33 $0 →

ARG/NWEUROPE 18/20000T 1/1 - NON FOSFA $46/48 $0 →

ARG/NWEUROPE 25/30000T 1/1 - NON FOSFA $31/32 $0 →

ARGENTINA/CARIBS 18/20000T 1/1 $42/45 $0 →

ARGENTINA/USG 30/320000T 1/1 $31/33 $0 →

ARGENTINA/INDIA 30/32000T 1/2 $38/39 $0 →

ARGENTINA BRASIL/INDIA 40/42000T 2/2 $35/36 $0 →

ARGENTINA / IRAN 30/32000T 1/1 $46/48 $0 →

ARGENTINA BRASIL/FAR EAST - 40/42000T 2/2 $43/45 $0 →

ARGENTINA BRASIL/CHINA - 40/42000T 2/2 - CIQ $46/48 $0 →

CPP freights in the west have been quite poor for the past couple of weeks so this is starting to have an effect

on vegetable oil freights as well. It should also be noted that the tonnage list in the South Atlantic is increasing

week on week owing to increased imports of CPP into Argentina/Brazil. Although we doubt there is a lot of

downward potential on freight rates as levels are close to last year’s low but keeping in mind owners are now

paying more for their bunkers.

237.300

216.000196.850

143.000124.000

112.500 111.000 104.500

80.00062.000 60.000 59.000 58.000

0

50.000

100.000

150.000

200.000

250.000

VEGS + SME CARRIERS EX SOAM JAN / APR 2018 IN MT

4


REPORTED TIME CHARTER FIXTURES

VESSEL VOLUME GRADE LOADPORT DISPORT MARCH FREIGHT

MAERSK MALAGA 32.000 SBO ARGY UPR EC INDIA/BDESH 25/29 M/H $30S 1/2

ALBATROS TRADER 18.500 SBO+SME ARGY UPR PERU END L/M $40S

VELA 32.000 SBO BRAZIL INDIA OPT IRAN END MID $40S

VESSEL VOLUME GRADE LOADPORT DISPORT APRIL FREIGHT

SUSANNE VICTORY 42.000 SBO PARANAGUA CHINA 1/10 LOW $40S 1/2

STAR N 29.000 SBO ARGY UPR INDIA BEG HI $30S 1/2

SONGA OPAL 12.000 SBO BRAZIL + ARG AUSTRALIA 20/30 COA

ALPINE MADELEINE 32.000 SBO ARGY UPR INDIA 1H TC ARD $10KPD

SC AQUARIUS 34.000 SBO ARGY UPR INDIA 1H M/H $30S 1/2

MAERSK TRIESTE 30.000 SME ARGY UPR CONT 1H $850K L/S

ORESTES 30.000 SME ARGY UPR MED OR CONT ELY $850K L/S

ATLANTAS II 30.000 SBO ARGY UPR INDIA ELY HI $30S 1/2

SILVER STACIE 40.000 SBO ARG + BRAZIL INDIA 1/10 M/H $30S 2/2

STAR N 30.000 SBO ARGY UPR INDIA ELY HI $30S 1/2

JBU SAPPHIRE 14.400 SBO ARGY UPR COL'BIA + E'DOR ELY L/M $40S

PORT UNION 34.000 SBO ARGY UPR INDIA 15/20 HI $30S 1/2

HELLAS REVENGER 32.000 SBO ARGY UPR INDIA 10/20 TC $12K PD

TORM ARAWA 32.000 SBO ARGY UPR INDIA 20/30 TC $10.5K PD

CELSIUS EAGLE 24.000 SBO ARGY UPR WC SOAM 10/20 L/M $30S

CHEMR. BRILLIANT 18.000 SBO ARGY UPR EAST AFRICA 10/20 MID $50S

PLOVER PACIFIC 25.000 SBO NECOCHEA VERACRUZ 15/25 ARD $30

STENA CONQUEROR 40.000 SBO ARGY UPR+SOUTH WC INDIA MID M/H $30S 2/2

5


2/ VEGOILS – BLACK SEA

Due to a dramatic CPP market we see quite some interest on Handy and MR units to book sunflowerseed oil

from the Black Sea. The Easter weekend did not help and X-Med CPP rates are softening, the last fixtures we

see from the black sea to the east are weakening again. Freight rates will most probably remain under

pressure for April, May shipments. A total of 277.000 metric tons is already fixed into India for April, total

export of 545.966 metric tons for March which is more or less the same as last year.

Shipments destinations in March ex Ukraine per metric tons are as follows.

In below destination graphics we see that Turkey is not importing Ukrainian sun oil at the moment, most

imports are originated from Russia, see destinations ex Russia in below graphics for March and April.

277.300

42.600

6.500

33.00030.0006.500

6.886 5.000 10.3403.000 3.000

0

50.000

100.000

150.000

200.000

250.000

300.000

350.000

DESTINATIONS EX URKAINE IN MTS

March April

33.237

18.000

6.018

5.500

4.2402.320

MTS EX RUSSIA - MARCH

EGYPT 33.237mts

TURKEY 18.000mts

TUNISIA 6.018mts

LEBANON 5.500mts

SYRIA 4.240mts

ALBANIA 2.320mts

6


Imports of sunflowerseed oil into Turkey declined sharply in Oct/Feb 2017/18, primarily attributable to the

ongoing setback in Turkish exports of sunflowerseed oil to Iraq, which destination are mostly supplied directly

from the Ukraine and Russia.

Exports of sunflower oil in general ex Ukraine dropped this year by 0.3 Mn T from a year earlier. See volumes

ex Ukraine by season in below graphic.

41000

32000

27317

24000

18000

14050

11000

5292

4300

4000

MTS EX RUSSIA - APRIL

EGYPT 41.000mts

IRAQ 32.000mts

TURKEY 27.317mts

CHINA 24.000mts

IRAN 18.000mts

S ARABIA 14.050mts

SUDAN 11.000mts

LEBANON 5.292mts

ALGERIA 4.300mts

TUNISIA 4.000mts

0

100.000

200.000

300.000

400.000

500.000

600.000

Sept Oct Nov Dec Jan Feb March April May June July Aug

MONTHLY VEGOIL VOLUMES EX UKRAINE PER SEASON

season 2014-2015 season 2015-2016 season 2016-2017 season 2017-2018

7


3/ PALMOIL – ASIA

The volatility in the CPP market both far east and AG has been quite pronounced over the past two months

from hot to cold to hot like a broken boiler. However, the changes have been so rapid that they have not

drastically affected the palms market. The Fosfa rates delivery Singapore bouncing around the 15-16,000 pd

mark unless Charterers are looking for ppt tonnage which has resulted in some higher numbers being

reported.

The MR tonnage lists look longer for May but with slightly more activity expected we predict a stable month

for freight rates.

VOYAGE FREIGHT ASSESSMENT

DISCHARGE AREA QUANTITY RANGE FREIGHT PMT TREND

M CHINA 10-15,000 30-33 →

EC INDIA 10-15,000 23-26 →

WC INDIA - PAKISTAN RGE 10-15,000 22-27 →

MIDDLE EAST 10-15,000 31-34 ↗

ROTTERDAM 15-25,000 53-57 ↗

ROTTERDAM 2/1 40-42,000 45-48 ↗

WMED (IMO3) 2/2 40-42,000 44-47 ↗

WEST MED (IMO2) 2/2 18-20,000 67-72 ↗

EAST MED - BLACK SEA 12-18,000 58-60 ↗

BLACK SEA 25-35,000 45-46 →

USG - USAC (IMO3) 2/1 35-40,000 50-54 →

WEST AFRICA (IMO3) 2/2 15-20,000 60-65 ↗

BRAZIL (IMO3) 2/2 20-25,000 62-68 →

SINGAPORE BUNKERS

FUEL PRICE TREND

IFO 380 USD 371.50 ↗

TIME CHARTER MARKET (FOSFA EU1)

VESSEL PRICE (GROSS) PD DELIVERY REDELIVERY TREND

MR USD 15,750 - 16,750 LOADPORT MED/CONT/USG ↘

10.000

11.000

12.000

13.000

14.000

15.000

16.000

17.000

18.000

19.000ROTTERDAM TCT (DELIVERY STRAITS)

8


REPORTED TIME CHARTER FIXTURES

VESSEL SIZE DELIVERY RE-DELIVERY MARCH T/C RATE

ARDMORE ENGINEER 45.000 SINGAPORE ROTTERDAM 15-20 15,000 PD

VESSEL SIZE DELIVERY RE-DELIVERY APRIL T/C RATE

STAR EAGLE 51.000 PANJANG GIB (WEST AFRICA) 5-10 16,750 PD

TOCATTA 45.000 PASSING EAST TIMOR USA 5-10 15,750 PD

SADAH SILVER (FAILED) 49.000 SHANGHAI MED-CONT-USA 10-17 17,500 PD

SADAH SILVER 49.000 SHANGHAI MED-CONT-USA 10-20 16,250 PD

UACC MUHARRAQ 45.000 SINGAPORE PAKISTAN 10-20 15,500 PD

NCC SAFA (FAILED) 45.000 CJK CONT 18-22 17,000 PD

STENA IMAGE 45.000 CJK CONT 18-20 17,000 PD

STENA IMPERATOR 45.000 SINGAPORE CONT 12-15 19,000 PD

MAERSK CAPRI 50.000 NINGBO CONT 25-30 15,500 PD

STENA IMPERATOR 45.000 SINGAPORE CONT 12-15 19,000 PD

Owners on the parcel tanker side imo2 may see an uplift in Fosfa rates for end April into May as there seems

to be a slight deficit of fosfa last vsls heading out to SE asia loading areas.

VOYAGE FIXTURES - LONG HAUL


HOUYOSHI PARK 18.500 POP PTUNG + K. TANJUNG CMED 15-20 60.50 2/3

MAERSK BERING 27.000 POP BELAWAN TAMAN 18-25 44 1/1

MTM N. ORLEANS 35.000 POP INDO + MALAY USA 20-30 MID 50'S 3/2

CHAMPION PULA 42.000 POP EAST ASIA + STRTS ROTTERDAM 20-25 46 3/1

N8 TURQUIOSE 40.000 POP S'KAN + STRAITS SPAIN + RDAM 20-30 48.50 3/2

STAR OSPREY 40.000 CSS YOSU GLADSTONE 28-30 27.50 1/1


S. VENTURE 30.000 POP LUBUK GUANG SPAIN 1-10 M 40'S 1/2

DVINA GULF 35.000 PME STRAITS MED + RDAM 5-15 1,5 M L/S 3/3

CHEM HELEN 31.000 POP STRAITS TAMAN 5-10 44 2/1

N8 TOURMALINE 42.000 POP STRAITS ADRIATIC 8-15 47 2/3

STANLEY PARK 18.500 POP STRAITS CMED + WMED 1-5 64.50 2/3

STOLT TBN 6.000 UCO CHINA + P. GUDANG ARA 5-17 64 2/1

STOLT TBN 3.000 POP STRAITS W MEXICO 15-30 95 1/1

FAIRCHEM SABRE 18.000 POP STRAITS HULL + RDAM 20-30 M 73'S 2/2

NAVIG8 VICTORIA 5.000 LUBES STRAITS ARA 1-10 HI 70'S 1/1

NAVIG8 VICTORIA 2.000 LUBES MELAKA ANTWERP 1-10 HI 80'S 1/1

TINTOMARA 40.000 POP EMALAY - STRAITS MED/CONT 5-15 HI 40's 3/4

ODFJELL TBN 5.000 UCOME FANCHENG ARA 5-20 78.50 1/1

MED ATLANTIC 23.000 POP EMALAY-STRAITS MED 1-10 L 50'S 3/4

MED PACIFIC 23.000 POP EMALAY-STRAITS TURKEY 20-30 HI 40'S 2/2

MID OSPREY 2.000 POP STRAITS RDAM 10-20 75 1/1

BRENTHOLMEN 15.000 POP STRAITS SPAIN 10-20 60 1/1

MTM RDAM 18.500 POP STRAITS BARC + RDAM 20-30 M/H 60S 2/2

FURE VINGA 15.000 POP STRAITS MED/CONT 10-20 60 2/2

MAERSK TBN 25.000 POP STRAITS TAMAN 20-30 M/H 40'S 2/1

9


4/ UAN

The UAN freight market has a slightly more active feel to it compared to previous weeks. A lot of enquiries

are circulated with traders checking freights to a great variety of destinations. Apart from the usual north

France and US Atlantic/Gulf we are seeing enquiries to Australia, Argentina and Spain amongst others. Also

a lot of comparisons are being made between the various origins. The unseasonably cold weather in the

United States does not seem to have had a large impact on UAN imports. Market participants are expecting

some renewed purchasing activity in the US towards the end of April.

Freights reported are all within the expected range. With some traders taking advantage of a very poor

transatlantic cpp market and fixing some cargoes at below last done levels. We will be monitoring the present

uptick in cpp freights closely to see if this will be having any impact on UAN freights.


STEN FJORD 10.700 UAN KLAIPEDA HAMILTON 22/25 MID $50PMT

FMT BERGAMA 9.000 UAN SILLAMAE LA PALLICE 4/8 $28,50PMT

FMT URLA 10/15000 UAN SILLAMAE GHENT or ROUEN 10/15 MID $20 PMT

NAVIG8 ADAMITE 10.000 UAN D'VILLE SANTOS 10/15 $42 1/1

GREEN SKY 30.000 UAN NOVO USWC 19/21 ARD $60

NORDIC HANNE 20.000 UAN POINT LISAS BARCELONA ELY RNR

STI HAMMERSMITH 30.000 UAN SILLAMAE BALTIMORE MID RNR


TBN 18.000 UAN BALTIC 3 RIVERS + HAMILTON MID $44

AMFITRION 40.000 UAN NOVO KWINANA ELY $39 1/1

CHAMPION EXPRES 30.000 UAN HEROYA STOCKTON MID COA

NAVIG8 AMBER 30.000 UAN KLAIPEDA F. HILLS + BALTIMORE MID $28 1/2

BUNGA ANGSANNA 30.000 UAN KLAIPEDA GHENT MID $15

-

50.000

100.000

150.000

200.000

250.000

300.000

350.000

400.000

450.000

JAN FEB MAR APRIL MAY JUNE JULY AUG SEPT OCT NOV DEC

MONTHLY UAN IMPORTS USA 2013/18

2013 2014 2015 2016 2017 2018

10


UAN FREIGHT ESTIMATES - WEEK 15 2018 THIS WEEK CHANGE TREND

BLACKSEA/USAC 30/33000 MT 1/1 $28/29 $0 →

BLACKSEA/USG 30/33000 MT 1/1 $28/29 $0 →

BLACKSEA/ARGENTINA 25/30000 MT 1/1 $45/48 $0 →

BLACKSEA/USWC 30/33000 MT 1/1 $50/52 $0 →

BALTIC/UKCONT 25/30000 MT $16/17 $0 →

BALTIC/USAC 30/33000 MT 1/1 $21/22 $0 →

BALTIC/USG 30/33000 MT 1/1 $22/23 $0 →

BALTIC/USG 40/45000 MT 1/1 $19/21 $0 →

BALTIC/ARGENTINA 25/30000 MT 1/1 $44/45 $0 →

BALTIC/USWC 30/33000 MT 1/1 $50/52 $0 →

11


5/ ETHANOL

International - Strong growth seen in world ethanol output to 2030 – F.O. Licht

World ethanol production in 2018 is projected at around 120 bln litres (32 bln gallons). Production continues

to be concentrated in the Americas which account for around 77% of world output. Asia/Pacific comes in

second with 14% and Europe/Africa is third (9%). Of the 2018 total, fuel ethanol will account for 103 bln litres

with the rest coming from non-fuel qualities.

World fuel ethanol output is expected to grow steadily in the coming years with the total in 2025 is forecast

to reach 121 bln litres (32 bln gallons) and to 133 bln by 2030 (35 bln).

Brazil:

Ethanol prices fell sharply in Brazil in the first official week of cane processing in the 2018/19 center-south

crop, pressured by an increase in supplies as most mills are boosting biofuel production this season.

Cepea/Esalq, an agricultural research center at the University of Sao Paulo, said prices for hydrous ethanol

fell 8.4 percent on average last week to 1.65 real per liter ($1.84 per gallon) in Brazil’s largest fuel market,

the Sao Paulo state, when compared to the previous week.

“The pressure over ethanol prices in the Sao Paulo market comes from an increase on supply that is relatively

larger than the increase on demand,” said Cepea/Esalq in a weekly analysis released on Monday.

Lower ethanol prices in Brazil, the second largest ethanol producer behind the United States, are expected

to reduce the window of opportunity for U.S. producers to export the biofuel to the Brazilian market.

Brazil’s 2018/19 center-south cane crop officially started in April. Mills are expected to maintain crushing

operations until mid-December, depending on the weather. Analysts generally expect the center-south

region to cut sugar production by four or five million tonnes, to around 31 million tonnes, as they earmark

more cane to ethanol output. U.S.-based Renewable Fuels Association (RFA) said that February exports to

Brazil, at 103.2 million gallons, were the highest in six years. Shipping schedules from Brazil's main ports

suggest that imports in April may reach around 240 mln litres, twice as much as last year's 112 mln. Most of

the ethanol will enter the country through Santos (100 mln litres), followed by Suape (50 mln), Sao Luis

(120mln)

USA:

While proposed tariffs announced by China last week would apply to about $14 billion a year of U.S. soybean

exports, the RFS accounts for 38 percent of the U.S. corn crop, valued at about $21 billion at current prices.

And unlike the situation in the soybean market, where other buyers could pick up the slack for a drop in

Chinese demand, the undoing of U.S. biofuel laws could lead to real demand destruction.

Then in January, the largest U.S. East Coast oil refiner filed for bankruptcy and blamed the cost of complying

with the mandate. That thrust the issue back onto the political agenda and spurred Trump to hold meetings

-- the most recent one on Monday-- in an attempt to carve out a deal between the oil and agriculture lobbies.

CHINA

Chinese buyers of U.S. ethanol will have to cut imports because of higher tariffs, but eventually will have to

return to the overseas market to meet government targets for using the fuel, industry participants and

analysts said last week. China said it will slap an extra 15 percent tariff on ethanol imports from the United

States, part of its response to U.S. duties on aluminum and steel imports. The previous duty was 30 percent.

12


6/ STORAGE Chemicals

The chemical storage market is highly utilized and sees healthy storage rates. At AFPM in Texas we saw

many happy faces of terminal operators. The contract durations for chemical storage agreements tend to

be short term (average 6 months) versus longer term agreement in the products/mineral market. That

means that storage opportunities may always arise if these shorter agreements are not being extended.

With the high utilization the operators are more bullish and ask higher rates. This trend is seen in all the

hub locations. For cargo owners it is recommended to start early with your search and for storage strategy

purposes, you should take lead-times of 18-24 months into account in order to include new building

projects and allow terminals to optimize and create the space to offer on your tenders.

Petroleum

Crude has been ebbing and flowing in a 5 USD range. 65 on WTI and 70 on Brent seem to be big hurdles to

take. All products are now in backwardation, only WTI is flirting with contango again.

The Gasoil front spread is strong at 4 USD back, especially compared to previous months on healthy

European demand, low inventories and turnarounds.

Fuel oil is having another slow month. Only one VLCC to the East has been booked and only one Suezmax

on subs so far. The curve is only showing a small contango on the front, but the rest of the curve is in a

proper backwardation.

Gasoline has cooled off, the winter/summer spread game is gone. Tanks are still full as many players have

benefitted from the spread and locked in April/May at elevated levels. We have even seen a rare

phenomenon in March where traders were storing gasoline on tankers off Europe's coast as they struggled

to contain a steady rise in supplies since the start of the year that has weighed on prices.

Floating storage

In the Black Sea (near Kerch) we see 159,000 dwt suezmax tanker La Mer used as floating storage for

Rosneft at usd 15,500 pd (about usd 3/mt per month storage rate)

In Singapore/Malaysia we see 105,000 dwt tanker Barents Sea used as floating storage for Petronas at usd

13,000 pd (about usd 4/mt per month storage rate)

Just 2 examples where ships are preferred due to their flexibility and the option to give orders to sail to a

certain port and avoid handling. With low time charter rates, the ships are a threat for the storage

companies.

StocExpo highlights

RVB attended the Stoc Expo Europe in Rotterdam, an international event for the tank terminal industry and

joined some interesting sessions. The importance and growth of the ARA port has been highlighted by

multiple speakers mentioning a strongest year on year gain in Antwerp followed closely by Rotterdam.

Especially gasoline, gasoline components and naphtha showed a big volume growth in ARA last year of

about +7%. Resulting in high utilization on the low flash / internal floating roof tanks.

For further information / requirements / quotes:

[email protected]

Tel: +31 (0) 1050 66020

mailto:[email protected]

13


7/ EVENTS

RVB Shipbrokers

• NOFOTA annual dinner in Rotterdam at “De Doelen”, 12 April 2018 RVB team attending

• Istanbul Shipbrokers Dinner, 29th of June 2018 Patrick Hartman & Joep van Huizen attending

• Copenhagen Tanker Dinner, 5th of July 201 Victor van der Blom & Roy Bekenes

14


8/ LOCAL NEWS

The road to Port Call Optimization

Digitization

You may have heard something about it this autumn: a variety of interest groups, port authorities (including

the Port of Rotterdam Authority) and private companies have jointly adopted standards for nautical port

information. While it may not sound particularly exciting, this development is actually a key condition – and

starting point – for optimising port calls. And it’s due time that this optimisation took place: every year we

waste billions of euros and release tonnes of CO2 due to inefficiency and unnecessary delays.

The standards stipulate, for example, which system is referred to for water depths and how to communicate

admission policies and vessel’s arrival and departure times in the ports. In the past, information like this was

defined and communicated in a wide variety of ways. To name one example: in the Netherlands we often

use the Amsterdam Ordnance Datum (NAP) as a zero level benchmark for height and water depth

measurements. In Belgium, however, they use the Second General Levelling (TWA) reference level, and

France refers to the average sea level at Marseille. For an Indian captain departing from the port of Singapore,

it is a pointless and time-wasting hassle to have to recalculate the depth under the ship’s keel every time it

enters new waters.

PRONTO

The internationally adopted standards will result in better communication, increase efficiency and improve

safety conditions. But they present a range of other opportunities besides. Right now, each port call is still

accompanied by a flurry of phone calls between different parties involved. These parties include shipping

companies, agents, pilots, terminals, linesmen and towing companies and providers of other services –

bunkering, for example. The exchange of uniform, compatible data would make it a lot easier to draw up a

smarter, safer and more efficient planning for these port calls and handle visits more swiftly and safely. To

facilitate this, the Port of Rotterdam Authority has developed the PRONTO application. PRONTO provides

shipping companies, agents, service providers and operators with a joint platform for the exchange of port

call information. PRONTO increases the transparency and efficiency of services provided during a call. This

presents concrete advantages for all parties involved.

Twenty-percent-shorter lead times

The first quantitative advantages of Port Call Optimisation with the aid of PRONTO have already been

established: a recently concluded pilot project involving shipping companies, terminals and agents showed a

20% reduction in lead times.

The first version of PRONTO will be made available to users in Rotterdam in the second quarter of 2018. After

this introduction, the application will also be shared with other ports. Because as so often is the case:

whenever we adopt the same applications around the world, this contributes to the efficiency and safety of

international transport in general.

15


9/ Chartering Team

ROTTERDAM OFFICE

Roy Bekenes

+31 105066011

[email protected]

+31 641143399

Victor van der Blom

+31 105066005

[email protected]

+31 627002806

Patrick Hartman

+31 105066003

[email protected]

+31 651523803

Ruud Rijpstra

+31 105066002

[email protected]

+31 653927626

Joep van Huizen

+31 105066010

[email protected]

+31 613327880

SINGAPORE OFFICE

Sean Campbell

+65 6829 2148

[email protected]

+65 8121 2094

Harry Gabb

+65 6829 2147

[email protected]

+65 87888969

SMS IN COOPERATION WITH RVB COMPANY – ZUG OFFICE

Yasmina Rauber

+41 41 75980 21

[email protected]

+41 792189949

https://www.linkedin.com/company/1747178/

http://www.rvbcompany.com/rvb-shipbrokers-rotterdam/

2018 WEEK 15 EDITION #04 - RVB Company · 2 MARKET REPORT 2018 – WEEK 15 – EDITION #04 1/...

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