Business

ENGINE: Americas Bunker Fuel Availability Outlook

Prompt VLSFO and LSMGO available in major US ports; demand improves in West Coast ports; still muted demand in New York.

Published

3 years ago

April 14, 2023

Admin

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:

13 April 2023

Prompt VLSFO and LSMGO available in major US ports
Demand improves in West Coast ports
Still muted demand in New York

North America

Demand has improved in Houston in the past week. VLSFO and LSMGO grades are generally in good supply with suppliers in the Houston area. Most suppliers are able to deliver stems within 2-3 days of lead time, as well as for dates further out. While HSFO generally requires around 5-6 days of lead time.

Securing prompt LSMGO and VLSFO stems in Bolivar Roads and Beaumont is possible now. Suppliers are able to deliver stems within 3-4 days of lead time. One supplier can deliver HSFO stems in Beaumont with four days of lead time.

Suppliers in Galveston Offshore Lightering Area (GOLA) can accommodate prompt stems within 3-4 days of lead time amid calmer weather. But a period of strong winds between Sunday and Monday could disrupt bunkering in GOLA again.

VLSFO and LSMGO availability is said to be normal at the New Orleans Outer Anchorage (NOLA). Stronger demand has been seen for dates after 20 April, and most suppliers are able to offer stems for their enquired dates.

Demand has been slightly better in the West Coast port of Los Angeles in the past week. Some suppliers are able to deliver LSMGO and VLSFO stems within a lead time of seven days, however suppliers have cautioned buyers about tightening availability in the coming days.

Similarly, demand has picked up in Vancouver further up the North American west coast. And some suppliers are able to deliver LSMGO with a lead time of 5-7 days.

VLSFO and LSMGO grades are available for prompt delivery dates in New York, but demand remains low in the port.

Caribbean and Latin America

Prompt availability of HSFO, VLSFO and LSMGO is normal in Panama’s Balboa and Cristobal. Some suppliers are able to offer stems within 4-7 days of lead time. Demand has also improved in Panama compared to the previous week.

Slow demand continues in Jamaica’s Kingston and the Bahamas’ Freeport. Similarly, demand for all fuel grades have been low off Trinidad in the past week. Most suppliers are able to offer stems immediately.

Prompt VLSFO and LSMGO availability looks good in Brazil’s Rio Grande and Rio de Janeiro, a source says.

Demand has slowed down again in Argentina’s Zona Comun. VLSFO and LSMGO have been available for prompt dates at the anchorage. A supplier is able to offer the stems with a lead time of 3-5 days. Brief spells of strong winds are forecast to hit Zona Comun from Monday onwards.

By Debarati Bhattacharjee

Photo credit and source: ENGINE
Published: 14 April, 2023

Business

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

Creditors of the company will have to submit proof of debt to the liquidators of Parakou Shipping by 17 June, according to Government Gazette notice.

Published

50 minutes ago

June 5, 2026

Admin

A notice to declare the intended dividend of Parakou Shipping Pte Ltd to its creditors has been posted on the Government Gazette on Wednesday (3 June).

The following are the details of the notice of intended dividend:

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
Last Day of Receiving Proofs (if not already lodged): 17 June 2026
Name of Liquidator : Cameron Duncan
Address : c/o KordaMentha Pte Ltd, 50 Raffles Place, #25-01 Singapore Land Tower, Singapore 048623

Photo credit: steve pb from Pixabay
Published: 25 May, 2026

LNG Bunkering

Chinese firms form pact for 20,000 cbm LNG bunkering vessel project

CM Energy Tech, Seacon Shipping Group and China Merchants Heavy Industry (Jiangsu) signed a joint venture agreement for 1+1 20,000 cubic meter LNG bunkering vessels.

Published

56 minutes ago

June 5, 2026

Admin

CM Energy Tech Co Ltd, Seacon Shipping Group Holdings Limited and China Merchants Heavy Industry (Jiangsu) Co Ltd on Tuesday (26 May) signed a joint venture agreement for the construction of 1+1 20,000 cubic meter liquefied natural gas (LNG) bunkering vessels.

The parties also signed a shipbuilding contract for the first vessel, which will be constructed by China Merchants Heavy Industry.

The project combines CM Energy Tech’s access to the China Merchants Group ecosystem, Seacon Shipping Group’s expertise in ship management and operations, and China Merchants Heavy Industry’s shipbuilding capabilities. The partners said the initiative is intended to address the shortage of large-capacity LNG bunkering vessels in the Chinese market.

The newbuild LNG bunkering vessel will feature dual C-type independent cargo tanks and is designed with a boil-off rate of just 0.16% per day. It will also be capable of delivering LNG at a bunkering rate of up to 2,000 cbm per hour, enabling efficient refuelling of large LNG-fuelled vessels.

The vessel will be powered by Wärtsilä dual-fuel engines and will comply with IMO Tier III emissions requirements. The first vessel is scheduled for delivery in 2028.

The three companies said they plan to further expand cooperation across the LNG value chain, strengthen their presence in the marine energy sector and provide customers with integrated LNG bunkering services focused on safety, operational efficiency and lower carbon emissions.

Photo credit: David Yu from Pixabay
Published: 5 June, 2026

Methanol

India’s Agastya inks green methanol offtake agreement with SAR Group

Agastya Green Fuels and SAR Group will work together to enable green methanol storage, bunkering, and marine fuel infrastructure across Sri Lanka.

Published

57 minutes ago

June 5, 2026

Admin

India’s clean energy conglomerate Agastya Group on Wednesday (3 June) said Agastya Green Fuels signed a long-term green methanol offtake agreement with Sri Lankan bunker supplier SAR Maritime Agencies, a SAR Group company, for the supply of 250,000 metric tonnes (mt) per annum of EU RFNBO RED III Compliant green methanol.

Agastya said the agreement establishes one of the largest green methanol supply partnerships in the Indian Ocean Region and marked a major step toward creating a new green maritime energy corridor connecting India and Sri Lanka.

The green methanol will be supplied from the Agastya Green Fuels Hub at Mulapeta Port, Andhra Pradesh, India, where Agastya is developing a green methanol export-oriented facility with a planned investment of USD 6 billion over the next six years. The facility is expected to produce 1 million mt per annum.

“Through this partnership, Agastya Green Fuels and SAR Group will work together to enable green methanol storage, bunkering, and marine fuel infrastructure across Sri Lanka, positioning Colombo, Hambantota, and Trincomalee as future clean-fuel hubs for global shipping,” the company said in a social media post.

“The Indian Ocean is emerging as the world’s next green fuel corridor. Agastya Green Fuels intends to be at its center,” said Shashi K Reddy Arjula, Founder and Group CEO of Agastya.

Photo credit: CHUTTERSNAP on Unsplash
Published: 25 May, 2026