CSS3 Rotate Animation

Here is a demo. The correct animation CSS:

.image {
    position: absolute;
    top: 50%;
    left: 50%;
    width: 120px;
    height: 120px;
    margin:-60px 0 0 -60px;
    -webkit-animation:spin 4s linear infinite;
    -moz-animation:spin 4s linear infinite;
    animation:spin 4s linear infinite;
}
@-moz-keyframes spin { 
    100% { -moz-transform: rotate(360deg); } 
}
@-webkit-keyframes spin { 
    100% { -webkit-transform: rotate(360deg); } 
}
@keyframes spin { 
    100% { 
        -webkit-transform: rotate(360deg); 
        transform:rotate(360deg); 
    } 
}

<img class="image" src="http://i.stack.imgur.com/pC1Tv.jpg" alt="" width="120" height="120">

Some notes on your code:

1. You've nested the keyframes inside the .image rule, and that's incorrect
2. float:left won't work on absolutely positioned elements
3. Have a look at caniuse: IE10 doesn't need the -ms- prefix

To achieve the 360 degree rotation, here is the Working Solution.

The HTML:

<img class="image" src="your-image.png">

The CSS:

.image {
    overflow: hidden;
    transition-duration: 0.8s;
    transition-property: transform;
}
.image:hover {
    transform: rotate(360deg);
    -webkit-transform: rotate(360deg);
}

You have to hover on the image and you will get the 360 degree rotation effect.

PS: Add a -webkit- extension for it to work on chrome and other webkit browers. You can check the updated fiddle for webkit HERE

I have a rotating image using the same thing as you:

.knoop1 img{
    position:absolute;
    width:114px;
    height:114px;
    top:400px;
    margin:0 auto;
    margin-left:-195px;
    z-index:0;

    -webkit-transition-duration: 0.8s;
    -moz-transition-duration: 0.8s;
    -o-transition-duration: 0.8s;
    transition-duration: 0.8s;

    -webkit-transition-property: -webkit-transform;
    -moz-transition-property: -moz-transform;
    -o-transition-property: -o-transform;
     transition-property: transform;

     overflow:hidden;
}

.knoop1:hover img{
    -webkit-transform:rotate(360deg);
    -moz-transform:rotate(360deg); 
    -o-transform:rotate(360deg);
}