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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

Bunker fuel availability tight in Gibraltar; ARA fuel oil stocks bulk up amid lower exports; Algoa Bay faces another bunker suspension.

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

31 August 2022

  • Bunker fuel availability tight in Gibraltar
  • ARA fuel oil stocks bulk up amid lower exports
  • Algoa Bay faces another bunker suspension

 

Northwest Europe

Several suppliers can offer prompt LSMGO deliveries in the ARA hub, sources say. VLSFO and HSFO supplies are tight to secure for prompt dates and require lead times of 5-6 days

Independently held fuel oil inventories in the ARA have swelled to multi-month highs last week, according to Insights Global data.

The region’s fuel oil stocks increased by 290,000 bbls to 7.98 million bbls in the week ending 25 August, Insights Global data shows. The stocks have increased despite signs of slowdown in Russian inflows, with lower exports explaining part of the growth in fuel inventories.

Fuel oil exports have slumped from 244,000 b/d on average in July to 138,000 b/d in the first four weeks of this month, Vortexa estimates. The export ratio of HSFO to low sulphur fuel oil (LSFO) has flipped from 26/74 in July to 60/40 in August.

Less export volumes have departed for ports in Spain, Egypt, Norway and Morocco this month, while more to Senegal and the oil storage hub in Freeport, Bahamas.

Meanwhile, the ARA’s gasoil inventories decreased by 1.37 million bbls to 12.72 million bbls last week, Insights Global data shows. But the gasoil stocks were at their bulkiest level since mid-January.

Prompt LSMGO supply is readily available with some suppliers off Skaw, while HSFO deliveries are subject to enquiries, a source says

Bunker fuel availability remains normal in Hamburg and recommended lead times are about five days across all grades.

LSMGO availability is normal in Bremerhaven, but securing VLSFO and HSFO deliveries for prompt dates can be difficult. VLSFO availability is slight tight as a supplier awaits a resupply cargo from a Finnish refinery.

Securing prompt delivery of VLSFO and LSMGO can be difficult in Italy’s Ravenna and Monfalcone ports, while availability is said to be normal in Marghera, a source says.

 

Mediterranean

Bunker fuel availability is tight across all grades in Gibraltar. Recommended lead times for VLSFO and HSFO are around seven days, while LSMGO has shorter lead time of five days.

Bunker operations were halted for a short period on Tuesday morning in Gibraltar, following a collision between a dry bulk carrier and an LNG carrier. But bunkering is said to be progressing smoothly now, a source says.

Gibraltar port authority is working to clear the situation and has directed the bulk carrier OS 35 that was involved in the collision to move Eastside of Gibraltar.

Three vessels are waiting to bunker in Gibraltar on Wednesday morning, port agent MH Bland says. One supplier is experiencing 18-24 hours of delay.

Bunker fuel availability is normal across all grades in Ceuta, sources say.

Bunker operations are running smoothly in Las Palmas, with suppliers offering deliveries at both inner and outer anchorages. VLSFO and LSMGO availability are normal in Las Palmas, and recommended lead times for LSMGO is around four days.

All ports in Malta and offshore bunkering areas are open for supply, with no backlogs reported so far, according to Seatrans Shipping agency. 11 vessels were scheduled to arrive for bunkers in and off Malta on Wednesday.

 

Africa

Bunkering has been suspended in Algoa Bay since Monday due to adverse weather conditions, according to Rennies Ships Agency.

Strong winds and waves ranging up to 3.4 meters have hit Algoa Bay on Tuesday, and weather is forecast to remain bad until Friday. Harsh weather conditions could lead to congestion build up over the coming days.

Last week, suppliers in Algoa Bay struggled to deliver stems due to multiple weather triggered disruptions, which has continued to this week. 10 vessels are scheduled to arrive to bunker in Algoa Bay and Port Elizabeth this week, Rennies says.

VLSFO and LSMGO availability are normal in Durban, and lead times are about seven days out.

A supplier can offer VLSFO and LSMGO deliveries for prompt dates in Nigeria’s Lagos.

By Shilpa Sharma

 

Photo credit and source: ENGINE
Published: 1 September, 2022

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Winding up

Singapore: Liquidators of Nan Ho Maritime, Nan Xin Maritime issue notices of dividend

Nan Ho Maritime’s second interim dividend and Nan Xin Maritime’s second and final dividend are payable from 4 September, according to Government Gazette notices.

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Notices of dividend for Nan Ho Maritime Pte Ltd and Nan Xin Maritime Pte Ltd, which are currently in creditors’ voluntary liquidation, were published on the Government Gazette on Friday (4 September). 

The following are the details of the notice for Nan Ho Maritime:

Name of Company : Nan Ho Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 200814315C
Address of Former Registered Office : 21 Bukit Batok Crescent, #22-70 WCEGA Tower, Singapore 658065
Amount per centum : 2.305 per centum of all admitted ordinary claims
First and Final or otherwise : Second interim dividend
When Payable : 4 September 2026 onwards
Where Payable : c/o AAG Corporate Advisory Pte. Ltd., 11 Collyer Quay, #07-02 The Arcade, Singapore 049317

The following are the details of the notice for Nan Xin Maritime:

Name of Company : Nan Xin Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 201701966W
Address of Former Registered Office : 21 Bukit Batok Crescent, #22-70 WCEGA Tower, Singapore 658065
Amount per centum : 3.980 per centum of all admitted ordinary claims
First and Final or otherwise : Second and final dividend
When Payable : 4th day of September 2026 onwards
Where Payable : c/o AAG Corporate Advisory Pte. Ltd., 11 Collyer Quay, #07-02 The Arcade, Singapore 049317

 

Photo credit: Benjamin Child
Published: 7 September, 2026

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LNG Bunkering

Singapore-based EPS takes delivery of three LNG dual-fuel bulk carriers

Three vessels are the third, fourth and fifth in the company’s series of 14 Newcastlemaxes being built at the yard, and were delivered five months ahead of their contracted delivery dates.

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Singapore-based Eastern Pacific Shipping (EPS) on Friday (4 September) announced the naming and delivery of three new LNG dual-fuel Newcastlemax bulk carriers from China’s Qingdao Beihai Shipbuilding. 

Cyril Ducau, CEO of EPS, said the vessels were named Mount Victoria, Mount Yulong and Mount Wuyi

The three vessels are the third, fourth and fifth in the company’s series of 14 Newcastlemaxes being built at the yard, and were delivered five months ahead of their contracted delivery dates.

“A big thank you to CSSC Group and Qingdao Beihai Shipbuilding, working alongside our EPS team, for the tremendous collaboration and commitment behind this achievement,” Ducau said in a social media post.  

 

Photo credit: Eastern Pacific Shipping
Published: 7 September, 2026

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Port & Regulatory

ISWG-GHG 22: IMO working group aims to present NZF text at MEPC 85

The Chair expressed his observation of a genuine willingness within the Group to make concrete further progress at the next ISWG-GHG meeting and work towards presenting text to MEPC 85.

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The Intersessional Working Group on Reduction of Greenhouse Gas (GHG) Emissions from Ships (ISWG-GHG 22) met for its 22nd meeting from 1 to 4 September 2026, chaired by Mr. Sveinung Oftedal (Norway), according to the International Maritime Organization on Friday (4 September). 

According to a meeting summary by IMO, the meeting had a high level of participation, with nearly 1200 registered participants, in person and online.

During the meeting participants considered the following agenda items:

Consideration of proposals, including documents submitted to MEPC 84 and 85, previous sessions of ISWG-GHG, as well as documents submitted to ISWG-GHG 22, on how to address concerns with the draft amendments to MARPOL Annex VI on the Net-Zero Framework, in line with the 2023 IMO GHG Strategy

Following constructive discussions, the Chair expressed his observation of a genuine willingness within the Group to make concrete further progress at the next ISWG-GHG meeting and work towards presenting text to MEPC 85 that adequately addresses the noted progress made in the consideration of proposals on how to address concerns raised regarding the draft amendments to MARPOL Annex VI on the mid-term measure.

The Group invited interested delegations to continue to consult intersessionally to address remaining concerns with the draft amendments to MARPOL Annex VI, in line with the 2023 IMO GHG Strategy, taking into account views expressed at the Group’s session, with a view to submitting concrete proposals reflecting enhanced convergence allowing timely adoption and effective implementation.

Further consideration of the draft guidelines supporting the uniform and effective implementation of IMO’s mid-term measures.

The Group held a preliminary exchange of views on this agenda item, although time became a limiting factor and the Group and agreed to defer the consideration of all documents submitted to this session under this agenda item to ISWG-GHG 23 (23-27 November 2026).

Further consideration of the development of the IMO Life Cycle GHG Assessment (LCA) framework.

Due to time constraints, the Group was not able to consider the agenda item related to the IMO Life Cycle GHG Assessment (LCA) framework. The Group deferred the consideration of those documents to ISWG-GHG 23, in conjunction with the report of the fourth meeting of the GESAMP-LCA Working Group expected to be submitted to MEPC 85.

Next steps

The next meeting of the Intersessional Working Group on Reduction of Greenhouse Gas (GHG) Emissions from Ships (ISWG-GHG 23) is scheduled for 23 to 27 November 2026, ahead of MEPC 85 (30 November to 3 December).

The second extraordinary session of MEPC (adjourned last October) is scheduled to resume on 4 December, subject to discussions at MEPC 85.

 

Photo credit: International Maritime Organization
Published: 7 September, 2026

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