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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

Rising exports have pulled fuel oil out of ARA storage, and ample VLSFO supplies in Russian Baltic Sea ports has weighed on prices, according to report.

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The following article regarding Europe and Africa bunker fuel availability outlook has been provided by online marine fuel procurement platform ENGINE for publication on Singapore bunkering publication Manifold Times:

9 September, 2021

Rising exports have pulled fuel oil out of ARA storage, and ample VLSFO supplies in Russian Baltic Sea ports has weighed on prices.

Independent fuel oil inventories in the ARA fell by 1% to five-week lows of 7.46 million bbl last week, while the hub’s gasoil stocks were broadly steady, Insights Global data for the week to 2 September showed. Fuel oil export rose on the week, with cargoes going to Scandinavia, Gibraltar Strait, east Mediterranean, West Africa and the Caribbean.

Rotterdam’s forward curves for HSFO380 and VLSFO are in continuous backwardation for the next six months, with a $22/mt difference between the front-month and sixth month for HSFO, and a $13/mt difference for VLSFO. Backwardated prices can make it less lucrative to store products in the ARA.

Bunker fuel oils and gasoil remain widely available for prompt deliveries in the ARA region, with no significant supply interruptions.

HSFO380 is tight for prompt delivery dates in Skaw, mostly because relatively low demand does not incentivise suppliers to allocate more barge tank space to the grade. At least two barges carry the grade in the Danish offshore bunker location.

VLSFO prices in Russian Baltic Sea ports have dropped sharply against prices in the ARA since the end of August. St. Petersburg and Ust-Luga’s prices have been at marked discounts to Rotterdam, coming from more similar levels in previous weeks. 

A bunker supplier in St. Petersburg recently started receiving VLSFO from a new refinery source, which may have added more of the grade to the bunker market and put downward pressure on prices. 

St. Petersburg and Ust-Luga exported significantly more low sulphur fuel oil in August than in previous months, in a sign of more amble supplies. Cargoes went to Estonia, Denmark, the Netherlands, Spain, Bahamas and India.

Fuel availability is also ample in Gibraltar Strait ports, while HSFO380 continues to be tight in the Canary Islands. Three suppliers are offering the high sulphur grade in the Canary Islands, and stocks are running low for one of them.

High winds are forecast to hit the Gibraltar Strait ports from the west from Wednesday evening until Thursday morning and could disrupt deliveries. There is no congestion in the ports, but two suppliers remain 2-5 hours behind in their bunkering schedules, port agent MH Bland says.

Winds bordering on gale-strength and swell of around 3 metres is forecast in Port Elizabeth and Algoa Bay on Thursday. Shipping agent Sturrock Grindrod has warned this bout of rough weather could suspend deliveries, as it has on several occasions in recent weeks.

 

Photo credit: ENGINE
Published: 9 September, 2021

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Bunker Fuel

Singapore: Bunker fuel sales down by 3.8% on year in July 2026

4.73 million mt of various marine fuel grades were delivered at the world’s largest bunkering port in July, up from 4.92 million mt recorded during the similar month in 2025.

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Singapore: Bunker fuel sales down by 3.8% on year in July 2026

Sales of marine fuel at Singapore port fell by 3.8% on year in July 2026, according to data from the Maritime and Port Authority of Singapore (MPA).

In total, 4.73 million metric tonnes (mt) (exact 4,731,900 mt) of various marine fuel grades were delivered at the world’s largest bunkering port in July, up from 4.92 million mt (4,918,000 mt) recorded during the similar month in 2025.

Deliveries of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in July (against on year) recorded respectively 1.95 million mt (zero from 1.95 million mt), 2.33 million mt (-2.1% from 2.38 million mt), 1,600 mt (+100% from zero), 700 mt (-82% from 3,900 mt) and zero (from zero).

Singapore: Bunker fuel sales down by 3.8% on year in July 2026

Bio-blended variants of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in July, (against on year) recorded respectively 8,200 mt (-83.7% from 50,300 mt), 29,900 mt (-62.9% from 80,500 mt), zero (from zero), zero (from zero) and zero (from zero). B100 biofuel bunkers, introduced in February last year, recorded 1,400 mt (-46.2% from 2,600 mt). 

LNG and methanol sales were 58,700 mt (+41.4% from 41,500 mt) and zero (from zero) respectively. There were no recorded sales of ammonia for the month and so far since 2025.

 

Photo credit: Maritime and Port Authority of Singapore
Published: 17 August, 2026

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Alternative Fuels

Ammonia, methanol bunkering workshops to be held at 13th Singapore Safety@Sea Week

Three workshops on ammonia bunkering, methanol bunkering, and crew safety awareness are part of MPA’s Safety@Sea Week, which will be held from 17 to 21 August.

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Singapore

The Maritime and Port Authority of Singapore (MPA), together with industry partners, on Monday (17 August) launched several new initiatives to enhance maritime safety. 

Announced at the opening of the 13th Singapore Safety@Sea Week, these initiatives will support shared learning, strengthen operational capabilities, and prepare the industry for the safe adoption of new technologies.

Organised by MPA from 17 to 21 August, this year’s Safety@Sea Week is themed “All Hands on Deck – Safety First!”. About 1,500 participants from across the maritime community are expected to take part in 18 events organised by MPA and its partners. 

These include the Safety@Sea Symposium, featuring seven speakers across two panel sessions, and three workshops on ammonia bunkering, methanol bunkering, and crew safety awareness. 

Speaking at the opening, Mr Murali Pillai, Senior Minister of State for Law and Transport, highlighted three priorities for strengthening maritime safety: harnessing technology responsibly, preparing early for emerging risks, and keeping people at the centre of safety. He also underscored the importance of strong partnerships across the maritime community in building a strong safety culture.

At the opening of Safety@Sea Week, the National Maritime Safety at Sea Council and the Singapore Shipping Association launched the Singapore Near Miss Reporting System to encourage the reporting and sharing of lessons from near miss incidents.

Modelled on the internationally recognised Confidential Human Factors Incident Reporting Programme (CHIRP), the system provides sea space users with a confidential online channel to report near misses. CHIRP will independently receive the submissions and provide anonymised information to the Council, which will distil key safety lessons for sharing with the wider maritime community.

Note: More information about the event can be found here

 

Photo credit: Peter Nguyen on Unsplash
Published: 17 August, 2026

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Bunker Fuel

Alkagesta highlights key insights on European choke point pressures in August

Update covers dual supply crisis currently shaping global bunker markets — a stalled Strait of Hormuz peace process and Rhine water levels at a 140-year record low — and the implications for Singapore.

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Alkagesta

Malta-based global commodity trading house Alkagesta recently shared latest market insight examining the dual supply crisis gripping global energy markets as diplomatic efforts to reopen the Strait of Hormuz stall and Rhine water levels fall to record lows, creating what the company describes as a “state of emergency” for European inland fuel distribution.

In an article published on Alkagesta Market Insights on 11 August, the company’s trading and market intelligence teams outlined how the convergence of two simultaneous logistical crises is tightening prompt fuel availability across Singapore, Northwest Europe, and the Mediterranean:

Strait of Hormuz transits fell to a near-one-month low of 13 ships on August 9 following an attack on an ADNOC-linked tanker, as both the US and Iran demand war reparations before any reopening agreement can be reached. Simultaneously, Rhine water levels at the Kaub chokepoint fell to 16 cm on August 10 — the lowest since records began in 1880 — with forecasts pointing to a further drop to just 4 cm by August 14, effectively halting barge traffic and trapping fuel oil stocks at the ARA hub.

The supply picture across both key hubs has deteriorated sharply. In Singapore, Middle Eastern fuel oil imports nearly tripled week-over-week to 328,878 mt by July 29 — the highest volume since March — providing some relief as onshore commercial heavy distillate stocks rose to a five-week high of 19.58 million barrels by August 5. However, July bunker fuel sales are estimated to have fallen 3.7% month-over-month to 4.44 million mt, with elevated premiums redirecting prompt demand toward alternative ports including Zhoushan and Port Klang.

In Europe, the VLSFO market remains acutely undersupplied as refiners continue to prioritize high-margin diesel over low-sulfur blending components, while the Rhine crisis has forced barges to operate at just 15–20% of normal capacity — with freight rates from Rotterdam to Karlsruhe rising more than 400% in two months.

Alkagesta’s strategic outlook points to a potential total breakdown in Rhine-linked inland distribution by mid-August, a VLSFO Hi-5 spread likely to remain above $200/mt through Q3, and a global crude market that analysts warn requires an additional 2.1 million b/d for 18 months to rebuild depleted inventories.

Note: The full article can be read here.

 

Photo credit: Alkagesta
Published: 17 August, 2026

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