Connect with us

Business

ENGINE: Americas Bunker Fuel Availability Outlook

Bunker purchases complicated by mass volatility and sanctions; US fuel oil inventories tick up before sanctions kick in; prompt fuel tight in multiple Caribbean and South American ports.

Admin

Published

on

Resized Americas Bunker Fuel Availability Outlook image for Manifold Times

The following article regarding bunker fuel availability in the Americas region has been provided by online marine fuel procurement platform ENGINE for post on Singapore bunkering publication Manifold Times:

10 March 2022

  • Bunker purchases complicated by mass volatility and sanctions
  • US fuel oil inventories tick up before sanctions kick in
  • Prompt fuel tight in multiple Caribbean and South American ports

Certain suppliers have been hesitant to offer stems in the US Gulf Coast region before they have ruled out majority Russian ownership of vessels, chartering and trading firms involved when fixing stems. The extra due diligence can delay the purchasing process some.

Massive volatility continues to create a difficult pricing environment. Suppliers typically offer firm prices with less than 15-minute validity before reoffering, and price offers can vary greatly between suppliers for the same fuel grade.

Some suppliers have been reluctant to indicate prices before firm enquiries are put forward, limiting the number of price points available.

Bunker availability is tight for prompt dates in the Houston area, where several suppliers’ earliest delivery dates are eight days ahead.

US fuel oil inventories have regained some weight after slumping to near all-time lows a month ago, the latest EIA figures showed this week. The country’s total stocks of residual fuel oil were helped by builds on the East Coast and Gulf Coast in the week to 4 March, while West Coast stocks have held almost unchanged.

US fuel oil inventories remain below their five-year average position at a time when US sanctions on Russian crude and oil products are about to come into effect.

The embargo announced by President Joe Biden this week is set to kick in 45 days after it is signed into law. The US House of Representatives voted overwhelmingly in favour of banning Russian oil imports on Wednesday, a day after Biden’s announcement.

New oil purchases will stop immediately, but US importers have 45 days to complete deliveries.

The embargo is set to have massive repercussions for fuel oil inflows to the US. About a third of fuel oil import volumes that have arrived in US ports so far this year, or is due to arrive by the end of March, have been shipped from Russia, according to cargo tracker Vortexa.

The vast majority of these imports are HSFO (91%) and have mostly departed from Russian ports in the Baltic Sea (70%) and Black Sea (26%).

Almost all of it land on the US Gulf Coast, with the three ports of Good Hope near New Orleans, Houston and Corpus Christi taking around three-quarters of it.

Russian fuel oil is imported to feed complex US refineries that use coker units to upgrade residuals to higher-value distillates like diesel. Other major outlets for imported and domestically produced fuel oil are US and regional bunker ports.

US importers will either need to source more fuel oil from its other top fuel oil sources like Mexico (30%) and Algeria (3%), and low sulphur fuel oil from Brazil, or find alternative sources to make up the import shortfall from places like Iraq.

Fuel availability is already tight across major Central American and Caribbean ports, many of which depend on imports from the US and could feel the pinch if there is less fuel oil available in the US in the months to come.

Bunker schedules are filling up fast in Balboa, even for a week and further out. Prompt VLSFO and LSMGO is still possible to find in Balboa, but at price premiums.

A supplier in Trinidad has been running low on product in wait for resupply. Deliveries off Trinidad have also been delayed by rough weather and choppy seas this week. The earliest delivery dates range between 9-10 days off Trinidad, compared to seven days in port.

The earliest date in Curacao is 11 days out.

VLSFO supply has been tightening for prompt dates at the Argentinian Zona Comun anchorage. Suppliers’ earliest delivery dates range between 6-9 days to 13-14 days. One supplier is not offering while its barge is in dry dock.

 

Photo credit and source: ENGINE
Published: 11 March, 2022

Continue Reading

Biofuel

BHP and GCMD trial multi-feedstock B100 bio bunker fuel on bulk carrier

Bio-blend in the BHP and GCMD pilot is being used on a BHP-chartered bulk carrier “Berge Lyngor”, which was bunkered in Singapore in early May.

Admin

Published

on

By

BHP and GCMD trial multi-feedstock B100 bio bunker fuel on bulk carrier

BHP and the Global Centre for Maritime Decarbonisation (GCMD) on Wednesday (3 June) said they have blended biofuels from two distinct feedstocks—used cooking oil and waste animal fats —and introduced the lower-emissions marine fuel into a BHP-chartered bulk carrier as part of a pilot project.

The bio-blend in the BHP and GCMD pilot is being used on a BHP-chartered bulk carrier Berge Lyngor, owned and operated by Berge Bulk, transporting BHP iron ore from Western Australia to China. When run on bio-blend, the vessel has the potential to reduce well-to-wake greenhouse gas emissions by approximately 79 per cent per voyage compared to sailing on very low sulphur fuel oil (VLSFO).

The vessel bunkered in Singapore in early May with a B100 bio-blend comprising 50 percent tallow-derived biodiesel, sourced and supplied by HAMR Energy, and 50 per cent used cooking oil (UCOME) supplied by Mitsui & Co Energy Trading Singapore (METS).

Mitsui also blended the fuel and Dan-Bunkering coordinated and executed the bunkering operation, which was performed by Global Energy’s barge MT Maple.

The BHP and GCMD pilot will assess how biofuels from multiple feedstocks can be blended, handled, and introduced under real-world operating conditions using existing used cooking oil bunkering infrastructure.

At the same time, insights from this pilot will help identify solutions to challenges related to fuel quality, handling, traceability, and onboard vessel performance.

Biofuels for global shipping today rely heavily on used cooking oil – a feedstock whose availability is approaching its projected limits. Biofuel from waste animal fats presents a promising option to expand the supply of lower-emissions marine fuels.

The outcomes of the pilot are expected to shed light on the practical steps to integrate biofuel blends from different feedstocks into existing supply chains. The diversity of biofuels will provide shipowners and operators with greater flexibility to optimise fuel procurement based on cost, availability, and lifecycle emissions performance.

Biofuels derived from different feedstocks can exhibit varying properties that may impact operations, including potential corrosion from oxidation, fuel system clogging caused by wax formation, which this pilot aims to assess.

The pilot will trace and verify the biofuel blend’s integrity aimed at bolstering confidence in emissions reductions reporting. The pilot will also provide insights into how robust tracing can support future marine fuel supply chains where biofuels from multiple feedstocks with varying lifecycle greenhouse gas emissions footprints are blended together.

This project is co-funded by the Maritime and Port Authority of Singapore under the Maritime Innovation and Technology Fund (MINT).

 

Photo credit: Global Centre for Maritime Decarbonisation
Published: 3 June, 2026

Continue Reading

Biofuel

NYK starts one-year B100 bio bunker fuel trial on car carrier

In this trial, NYK will operate a car carrier continuously on B100 for one year to evaluate the impact on engines, fuel supply systems, and operational practices.

Admin

Published

on

By

NYK starts one-year B100 bio bunker fuel trial on car carrier

Japanese shipping firm NYK on Tuesday (2 June) said it has commenced a one-year long-term trial involving the continuous use of 100% biofuel (B100) on an NYK-operated car carrier. 

In this trial, NYK will operate a car carrier continuously on B100 for one year to evaluate the impact on engines, fuel supply systems, and operational practices. High-purity biofuels such as B100 are known to be susceptible to degradation from oxygen, light, and heat, raising concerns about the stability of such fuels during long-term use.

In this trial, the biofuel primarily comprises FAME (Fatty Acid Methyl Ester) derived from used cooking oil and similar feedstocks.

The initiative is designed to evaluate the fuel’s effects on the vessel’s equipment and verify operational safety under real-world conditions. 

Through this effort, NYK seeks to accumulate technical expertise that will support the broader use of high-purity biofuels and further accelerate efforts to reduce greenhouse gas (GHG) emissions.

NYK has been advancing the use of biofuels through various initiatives. In 2024, the company conducted a trial using biofuel blend B24 and subsequently expanded practical usage to B30. However, the company said there remains limited global experience with the long-term continuous use of B100.

“By collecting long-term operational data through this trial, NYK aims to accumulate valuable technical insights to support both the safe operation of vessels and the wider adoption of high-purity biofuels,” it said. 

 

Photo credit: NYK
Published: 3 June, 2026

Continue Reading

Ammonia

AM Green plans to build green ammonia plant at Indian port

Initiative also includes development of green ammonia handling, storage and bunkering infrastructure, pilot bunkering operations, safety procedures and training programmes, says VOC Port Authority.

Admin

Published

on

By

india flag

VO Chidambaranar (VOC) Port Authority on Friday (29 May) said it has signed a Memorandum of Understanding (MoU) with India’s ammonia producer AM Green Ammonia to collaborate in the development of a green ammonia production plant.

The plant will have a capacity of one million tonnes per annum (MTPA) at Tuticorin.

The initiative also includes development of green ammonia handling, storage and bunkering infrastructure, pilot bunkering operations, safety procedures and training programmes. 

The project is expected to support the development of green fuel corridors connecting VOC Port with major ports in Europe and Asia, thereby strengthening India’s position in the global green fuels value chain.

VOC Port also signed a Memorandum of Understanding (MoU) with Bureau Veritas (India) Pvt. Ltd., to collaborate on Green Port certification, emissions accounting, ESG reporting, safety validation, development of green bunkering practices, and establishment of a Centre of Excellence for green fuels and sustainability.

The port also plans for an upcoming 750 m³ green methanol bunkering facility.

 

Photo credit: Naveed Ahmed on Unsplash
Published: 3 June, 2026

Continue Reading

Trending