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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

Prompt VLSFO, LSMGO supply normal in Gibraltar Strait; ARA fuel oil stocks plunge to multi-month lows;
bunkering suspended in Algoa Bay amid bad weather.
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ENGINE Europe

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:

2 November 2022 

  • Prompt VLSFO, LSMGO supply normal in Gibraltar Strait
  • ARA fuel oil stocks plunge to multi-month lows
  • Bunkering suspended in Algoa Bay amid bad weather

 

Northwest Europe

Bunker supply across all grades is said to be normal in Rotterdam and other ports in the ARA hub, sources say. Several suppliers can offer prompt deliveries of LSMGO in the region. Recommended lead times for LSMGO and VLSFO in Rotterdam are 3-4 days, while HSFO may require 5-6 days, sources say.

Meanwhile, independently held fuel oil stocks in the ARA have dropped to their lowest level since May, according to Insights Global data. The region’s fuel oil stocks decreased by 270,000 bbls to 6.22 million bbls in the week to 27 October and remained below their five-year average position.

According to Vortexa data, the ARA’s fuel oil imports have decreased in October and exports have risen, which could have contributed towards the recent stock draws.

Imports to the region have decreased by 18,000 b/d from September to 302,000 b/d in October. Most of these import volumes have come from Saudi Arabia, the UK, Greece, Germany and the UAE.

The region’s gasoil stocks decreased by 730,000 bbls to 13.08 million bbls. But the stocks continue to be far below their five-year average position.

Supply of VLSFO and LSMGO is normal off Skaw, a source says. Recommended lead times for VLSFO and LSMGO deliveries are around seven days. HSFO requires a longer lead time of around 10 days.

 

Mediterranean

Supply of VLSFO and LSMGO is normal in Gibraltar Strait ports, while HSFO deliveries remain subject to enquiries. The recommended lead time for HSFO in Gibraltar is around seven days.

Meanwhile, the port’s HSFO benchmark is at discounts to several other regional ports including Algeciras, Las Palmas and Malta. But it is at a premium over Ceuta.

Availability of VLSFO and LSMGO is normal in Algeciras, Ceuta and Malta, sources say. But securing prompt delivery of VLSFO can be slightly difficult in Las Palmas, a source says.

In the Greek port of Piraeus, VLSFO supply is tight for prompt dates, a source says. Availability of LSMGO is said to be good there.

Minimal congestion has been reported in Gibraltar, Algeciras and Ceuta this week, while bunker operations are progressing normally in Las Palmas, port agent MH Bland says. Six vessels were scheduled to arrive on Wednesday for bunkers in Ceuta, down from 11 on Tuesday, shipping agent Jose Salama & Cia says.

Strong waves are forecast to hit Las Palmas over the weekend, which could disrupt deliveries in the port’s weather-exposed outer anchorage area.

All bunkering areas are open for supply off Malta. Seven vessels were due to arrive for bunkers in and off Malta on Wednesday, according to Seatrans Shipping agency. Bad weather conditions are forecast over the weekend, which could cause some delays off Malta, a source says.

 

Africa

Bunker operations have been suspended in Algoa Bay due to bad weather, according Rennies Ships Agency. Strong winds and waves of more than 3 meters hit Algoa Bay on Wednesday, disrupting bunker deliveries there. Four vessels were waiting to bunker at anchorage on Wednesday, and 11 more vessels are due to arrive this week, Rennies says.

Bunker supply across all grades is good in Mozambique’s Maputo and Nacala ports, a source says. Bunkering is progressing normally in both of the ports. Four vessels are due to arrive for bunkers in Nacala this week, and one in Maputo, the source says.

In South Africa’s Durban port, supply of VLSFO and LSMGO is said to be normal. Recommended lead times for both the grades is around seven days, a source says.

By Shilpa Sharma

 

Photo credit and source: ENGINE
Published: 3 November, 2022

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Winding up

Singapore: Xihe Holdings subsidiaries to be wound up voluntarily, creditors to submit claims

Creditors of Da Zhong Tankers and Xin Ying Shipping are required on or before 17 July 2026 to send in their names and addresses and particulars of their debts or claims to appointed liquidators, says notice.
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June 19, 2026

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Xihe Holdings Pte Ltd subsidiaries Da Zhong Tankers Pte Ltd and Xin Ying Shipping Pte Ltd will voluntarily wind up following resolutions that were passed by written means, according to a Government Gazette notice published on Thursday (18 June).

The resolutions set out below were duly passed:

  • SPECIAL RESOLUTION – WINDING-UP

That the Company be wound up voluntarily pursuant to section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.

  • ORDINARY RESOLUTION – APPOINTMENT OF LIQUIDATORS

That Paresh Tribhovan Jotangia and Ho May Kee of Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960 be and are hereby appointed as joint and several liquidators to conduct the said winding-up and that their remuneration be fixed on the usual scale of their professional charges for the work involved.

  • SPECIAL RESOLUTION – POWERS OF LIQUIDATORS

That the liquidators of the Company be authorised to exercise any of their powers given by section 177, 144 (1) and (2) of the Insolvency, Restructuring and Dissolution Act 2018 and to distribute to members, in specie, any part of the assets of the Company.

In another notice, the liquidator of the company said creditors are required on or before 17 July 2026 to send in their names and addresses with particulars of their solicitors (if any) to liquidator Paresh Tribhovan Jotangia at Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960. 

The liquidator may require creditors or their solicitors to “come in and prove their said debts or claims at such time and place as shall be specified in such notice or in default thereof, they will be excluded from the benefit of any distribution made before such debts are proved.”

Related: Singapore: Additional Xihe Holdings subsidiaries to be placed under judicial management

 

Photo credit: steve pb from Pixabay
Published: 19 June, 2026

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Winding up

Singapore: Liquidator of Parakou Shipping issues notice of dividend

Second and final dividend to admitted creditors of Parakou Shipping is payable by 14 July, according to Government Gazette notice.

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June 19, 2026

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A notice of dividend for Parakou Shipping Pte Ltd, which is currently in voluntary liquidation, was published on the Government Gazette on Thursday (18 June). 

The following are the details of the notice:

Name of Company : Parakou Shipping Pte Ltd (In Creditors’ Voluntary Liquidation)
Address of Registered Office : c/o KordaMentha, 50 Raffles Place, 25-01 Singapore Land Tower, Singapore 048623
Amount per centum : 0.55 per centum of admitted claims (in accordance with the Order of Court HC/ORC 4175/2024)
First and Final or otherwise : Second and Final Dividend to admitted creditors (in accordance with the Order of Court HC/ORC 4175/2024)
When payable : By 14 July 2026
Where payable : c/o KordaMentha Pte Ltd, 50 Raffles Place, #25-01 Singapore Land Tower, Singapore 048623

Related: Singapore: Notice of intended dividend issued for Parakou Shipping Pte Ltd

 

Photo credit: Benjamin Child
Published: 19 June, 2026

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Alternative Fuels

MOL inks bio-LNG bunker fuel supply deals with Titan and Axpo for car carriers in Europe

Titan, part of Amsterdam-based Molgas, will continue to supply bio-LNG fuel in Northwest Europe, while Axpo will take charge of supply in the Mediterranean region.
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June 19, 2026

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MOL inks bio-LNG bunker fuel supply deals with Titan and Axpo for car carriers in Europe

Mitsui OSK Lines (MOL) on Thursday (18 July) said it has signed new supply agreements in Northern Europe and the Mediterranean region to expand the use of bio-LNG marine fuel on MOL-operated LNG-fuelled car carriers.

Titan, part of Amsterdam-based Molgas, will continue to supply bio-LNG fuel in Northwest Europe, while Axpo will take charge of supply in the Mediterranean region.

MOL said the agreement makes it possible for its company to supply bio-LNG fuel for automobile carriers in the Mediterranean region, specifically Port of Malaga and Barcelona in Spain, following the bio-LNG fuel supply agreement in Western Europe, which commenced in March last year.

The bio-LNG fuel to be supplied in this initiative has a lifecycle carbon intensity (carbon dioxide emissions per unit of energy consumption) of -15 g-CO2/MJ or less, from production through consumption. Furthermore, this bio-LNG fuel has obtained International Sustainability and Carbon Certification (ISCC-EU). 

“Through this supply agreement, MOL has established a framework that ensures a continuous and stable supply of bio-LNG fuel not only in Northern Europe but also in the Mediterranean,” the company said.

As part of the group’s efforts to adopt alternative fuels and achieve net-zero greenhouse gas (GHG) emissions, it is utilising LNG-fuelled vessels as a bridge solution to facilitate the transition to carbon-neutral fuels such as bio-LNG and synthetic LNG (e-methane).

In 2025, MOL signed a bio LNG fuel supply agreement in Northwest Europe with Titan, part of the Molgas, and MOL has continued this bio LNG fuel supply agreement with the same company in 2026 as well.

 

Photo credit: Mitsui OSK Lines
Published: 19 June, 2026

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