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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

ARA gasoil stocks grow with Russian inflows; bunkering in Las Palmas and off Malta hit by weather; fuel supply normal in South African ports.

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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:

18 January 2023

  • ARA gasoil stocks grow with Russian inflows
  • Bunkering in Las Palmas and off Malta hit by weather
  • Fuel supply normal in South African ports

 

Northwest Europe

Prompt supply of VLSFO and HSFO is currently tight in Rotterdam and in the wider ARA hub, sources say. However, some suppliers can offer LSMGO for prompt dates. Lead times of around five days are advised for VLSFO delivery in Rotterdam and around six days for HSFO.

The ARA’s independently held gasoil stocks have averaged 13% higher so far this month than in December, according to Insights Global data. European buyers have gradually been filling up gasoil storage tanks since last summer, much helped by continuous imports from Russia. Russia remains the top source for gasoil imports in the ARA with 30% of the total, according to cargo tracker Vortexa.

Following the EU’s ban on imports of seaborne Russian crude oil from 5 December, the EU will also ban imports of refined Russian oil products from 5 February. Anticipating a potential diesel and gasoil supply crunch, European buyers have increased imports to build stocks before the products sanctions kick in.

The ARA’s fuel oil stocks have also averaged 7% higher so far this month than in December amid signs of higher net imports, the Insights Global and Vortexa data show. No Russian fuel oil cargoes were picked up by Vortexa to arrive in the region between August and November last year. However, Russian inflows started again in December, and the country has been the ARA’s eighth largest fuel oil import source in January.

Supply of VLSFO and LSMGO is normal in the German port of Hamburg, requiring lead times of around five days, a source says. HSFO delivery prospects remain subject to enquiry there.

In Bremerhaven, supply of LSMGO is said to be normal, while VLSFO is currently tight.

Bunker fuels supply is normal-to-tight for prompt dates off Skaw, requiring lead times of around seven days, a source says. HSFO deliveries remain subject to enquiries in the region, the source adds.

 

Mediterranean

Supply of VLSFO and HSFO is currently tight in Gibraltar. Securing prompt deliveries for the two grades can be difficult this week, sources say. LSMGO supply is said to be normal there.

Lead times of 3-4 days are advised for LSMGO delivery in Gibraltar and around five days for VLSFO. HSFO requires longer period of around six days, a source says.

Bunker operations in the Gibraltar Strait region have been affected by adverse weather conditions this week.

Bunkering at anchorage has been suspended in Ceuta since Tuesday due to bad weather, port agent MH Bland says. Strong winds of up to 35 knots are forecast to hit the port on Wednesday, which could cause more delays, it says. Meanwhile, bunker deliveries via ex-pipe at berth are available in Ceuta, according to shipping agent Jose Salama & Co. Two vessels were waiting to bunker at anchorage on Wednesday and eight more were scheduled to arrive.

Bunker operations in the Port of Huelva have been suspended since Monday due to rough weather. The port is forecast to experience harsh weather conditions until Friday morning, which could keep bunkering suspended, MH Bland says. Bunker deliveries by barge can still be carried out at anchorage.

In Las Palmas, suppliers are not delivering stems at the outer anchorage due to weather-related risks, and only one in six bunkering areas off Malta was open for supply on Wednesday amid strong winds, MH Bland says.

Adverse weather conditions in these ports could increase bunker calls in other regional ports including Gibraltar, Algeciras and Tenerife. One supplier in Gibraltar and three suppliers in Algeciras experienced delays on Wednesday.

Besides, one supplier in Gibraltar has been running low on LSMGO stocks this week.

Bunker fuels availability is said to be normal in Malta, but offshore deliveries remain subject to weather conditions, sources say.

No congestion has been reported in Malta this week, according to Seatrans Shipping agency. An average of 10 vessels have arrived to bunker in Malta each day this week.

Availability of VLSFO and LSMGO is normal in the Greek port of Piraeus, while securing HSFO stems for prompt dates can be difficult, a source says.

 

Africa

Bunker fuel availability is normal in Algoa Bay and in Durban. Recommended lead times for VLSFO and LSGMO deliveries in both locations are around seven days, a source says.

Conducive weather has allowed bunker operations to run normally in Algoa Bay this week. But strong winds are forecast to hit the region on Sunday, which could hamper bunker deliveries there, a source says.

One vessel was waiting to receive bunkers in Port Elizabeth on Wednesday. 11 vessels are scheduled to arrive this week for bunkers in Algoa Bay and Port Elizabeth, according to Rennies Ships Agency.

Bunkering is going ahead as normal in Mozambique’s Nacala and Maputo ports. A total of five vessels are scheduled to arrive to bunker across the two ports this week. Availability of VLSFO and LSMGO is said to be normal in both locations, a source says.

By Shilpa Sharma

 

Photo credit and source: ENGINE
Published: 19 January, 2023

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Legal

Singapore withdraws remaining 127 charges against Hin Leong founder OK Lim

Lim Oon Kuin, also known as OK Lim, was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges on 17 July.

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RESIZED Sora Shimazaki on Pexels

Founder of collapsed oil trader Hin Leong Trading, Lim Oon Kuin, also known as OK Lim, has had the remaining 127 charges against him withdrawn, according to The Straits Times on Monday (20 July). 

OK Lim was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges, including those for cheating, on 17 July. The discharge means Lim cannot be prosecuted again for the same offences.

Lim, 84, is currently serving a 13½-year prison sentence after the High Court reduced his original 17½-year jail term in March 2026. He was convicted in 2024 on two cheating charges and one count of abetting forgery in a case prosecutors described as one of Singapore’s most serious trade finance frauds.

Lim was convicted in May 2024 of two charges of cheating the Hongkong and Shanghai Banking Corporation (HSBC) and one count of abetting forgery that proceeded to trial out of a total of 130 criminal charges.

He was first charged in court on 14 August 2020, and was subsequently handed further charges in court on 25 September 2020, 30 April 2021 and 24 June 2021 for his role in perpetuating fraud on various financial institutions. 

A total of 130 charges were eventually brought against him for cheating and forgery-related offences.

Related: Singapore: Hin Leong Founder OK Lim gets jail term slashed to 13.5 years

 

Photo credit: Sora Shimazaki
Published: 21 July, 2026

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Winding up

Singapore: Coastal Logistics Pte Ltd to be wound up voluntarily

Coastal Logistics was reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

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RESIZED Drew Beamer

Several resolutions for Coastal Logistics Pte Ltd were made during an extraordinary general meeting held on 14 July, according to a notice in the Government Gazette on Friday (4 July).

The following resolutions were duly passed during the meeting:

As Special Resolution

  • That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018);

As Ordinary Resolutions

  • that Mr. Wong Pheng Cheong Martin and Ms. Koay May Yee, both care of FTI Consulting (Singapore) Pte Ltd, One Raffles Quay, #27-10 South Tower, Singapore 048583 be appointed as the joint and several Liquidators of the Company for the purpose of such winding up; and
  • that the Liquidators be at liberty to open, maintain and operate any bank account(s) or account(s) for monies received by them as Liquidators with such bank(s) as they deem fit; and
  • that a Committee of Inspection will not be formed.

Manifold Times previously reported Nicholas James Gronow, director of Heng Tong Fuels & Shipping and Coastal Logistics, filed statutory declarations for both companies stating the firms cannot continue their businesses due to liabilities.

Both companies were reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd. 

In 2019, several vessels owned by both firms entered the sale & purchase (S&P) market in Singapore.

Related: Singapore: Director declares Heng Tong Fuels & Shipping’s inability to continue business
Related: Heng Tong Fuels & Shipping in court over DBS Bank bunker tanker loan
Related: Singapore: Bunker tanker “Coastal Neptune” arrested
Related: Heng Tong Fuels & Shipping, Coastal Logistics tankers enter S&P market

 

Photo credit: Drew Beamer
Published: 21 July, 2026

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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