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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

ARA gasoil stocks at one-year highs, Russian imports banned; bunkering partly halted in Algeciras, Ceuta and Malta; tighter availability amid strong demand in Nacala.

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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:

8 February 2023 

  • ARA gasoil stocks at one-year highs, Russian imports banned
  • Bunkering partly halted in Algeciras, Ceuta and Malta
  • Tighter availability amid strong demand in Nacala

 

Northwest Europe

Prompt availability of LSMGO is normal in Rotterdam and in the wider ARA bunkering hub. Recommended lead times for VLSFO delivery in Rotterdam are about 4-5 days, and HSFO requires 5-6 days, a source says.

The ARA’s independently held gasoil stocks have risen to one-year highs this month as importers pulled large volumes from Russia just before the EU’s ban on imports of refined Russian oil products kicked in from 5 February.

The region’s gasoil stocks – which include diesel and heating oil – have averaged 9% higher at the beginning of February than in January. And they have swelled by 56% from a low in June, when EU member states agreed to ban refined Russian oil imports.

Saudi Arabia and Russia were the ARA’s two top sources of diesel and gasoil imports in January, accounting for 22% of the ARA’s total imports each, according to cargo tracker Vortexa. That was down from 31% from Russia in December, while sharply up from 4% from Saudi Arabia.

The ARA’s independent fuel oil stocks have averaged 3% lower at the start of February than in January and have remained below their five-year average position for the year.

Around 10% of the ARA’s fuel oil imports came from Russia in December, with larger volumes from the UK (15%) and Denmark (14%). The UK was overwhelmingly the ARA’s biggest source in January, with 24% its total, while it did not import any fuel oil cargoes from Russia, according to Vortexa.

In Germany’s Hamburg, prompt supply of VLSFO and LSMGO is said to be normal. HSFO delivery prospects remain subject to enquiry there, a source says.

Bunker fuel supply is normal-to-tight for prompt dates off Skaw, requiring lead times of up to seven days, a source says. Availability of HSFO for prompt dates is tight, the source adds.

All operations at in the Turkish Port of Iskenderun have been halted after a deadly earthquake hit Turkey and Syria on Monday morning. LSMGO is typically supplied by three suppliers in the port, and VLSFO by one.

Meanwhile, bunkering is progressing as normal in Istanbul, a source says.

 

Mediterranean

Supply of LSMGO is said to be normal for prompt dates in Gibraltar, while VLSFO and HSFO deliveries are subject to enquiries.

Lead times of 3-4 days are advised for LSMGO delivery in Gibraltar, and around five days for VLSFO. HSFO may require a longer period of around 5-6 days, a source says.

Meanwhile, delivery of stems in Gibraltar Strait ports will be subject to weather conditions in the coming days, a source say.

Bunker operations were suspended at the outer anchorage in Algeciras on Wednesday due to rough weather, according to port agent MH Bland. Bunkering was going ahead at Algeciras’ inner anchorage, while three suppliers were running 4-18 hours behind schedule in the port, MH Bland says.

Suppliers in Ceuta have also been struggling to deliver stems at anchorage. One bunker barge was suspended operations on Wednesday due to bad weather, according to shipping agent Jose Salama & Co. Two vessels were waiting to receive bunkers at anchorage in Ceuta on Wednesday, and four more vessels were due to arrive.

Bunker fuels availability is said to be normal in Ceuta and Algeciras, and some suppliers can offer prompt deliveries. But forecast of bad weather between Thursday and Saturday could complicate deliveries there, sources say.

Bunkering has been limited in Malta this week, according to Seatrans Shipping agency. Only one in six bunkering areas off Malta are open for supply due to rough weather conditions. Some bunker backlogs have been reported this week, Seatrans says.

Supply of VLSFO and LSMGO is said to be normal in and off Malta, but deliveries are subject to weather conditions, a source says.

Availability across all grades is normal in the Greek port of Piraeus, a source says.

Prompt supply of VLSFO is normal in the Portuguese port of Sines.

 

Africa

Bunkering resumed in Algoa Bay on Wednesday, after being suspended on Tuesday due to rough weather, according to Rennies Ships Agency. Bad weather is forecast over the weekend, which could disrupt bunker operations in the bay again. 18 vessels are scheduled to arrive for bunkers in Port Elizabeth and Algoa Bay for the rest of the week, Rennies says.

Bunker fuel supply is said to be normal in Algoa Bay and normal-to-tight in Durban. Recommended lead times for VLSFO and LSMGO deliveries in Durban are around seven days, a source says.

Meanwhile, supply of the two grades is currently tight in Mozambique’s Nacala port amid good demand, a source says. Bunker calls in Nacala have gradually increased from three vessels in each of the first two weeks of January, to 5-6 vessels in each of the last two weeks. Five vessels are expected to arrive for bunkers in Nacala this week.

Supply of VLSFO and LSMGO is said to be normal in Mozambique’s capital port city of Maputo. Four vessels are due to arrive for bunkers there this week.

Bunkering deliveries are going ahead as normal across the two ports in Mozambique.

By Shilpa Sharma

 

Photo credit and source: ENGINE
Published: 9 February, 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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