George Collard and Erik Hoffmann of global energy and commodity price reporting agency Argus Media on Thursday (6 August) published an update outlining factors behind the decline in bunker sales in Spain based on the specific demands of each port:
Spanish bunker ports supplied 28% less fuel in June than a year earlier as the Covid-19 pandemic reduced shipping traffic.
Among the country’s main bunkering ports, Barcelona’s sales took the biggest hit. The port supplied 59,000t in June, a 55% year on year drop. Barcelona handled 45% less liquid bulk tonnes, 23% fewer twenty-foot container equivalent units (TEUs), but 9% more dry bulk tonnes. only three cruise ships entered Barcelona in June, down from 76 a year earlier.
Barcelona and other bunkering ports also receive ships only for bunkering or for repairs.
Las Palmas remained the largest Spanish bunkering port in June, with its supply of 187,000t down by only 2% from a year earlier. Sales were supported by 15% growth in liquid bulk volumes. Dry bulk volumes fell by 3%, and container TEUs by 8%. The Canary Islands port is not a big destination for cruise ships, but the number of them entering the port doubled year on year to four.
The other Canary Island port of Tenerife supplied 27,000t, up by 6% from a year earlier. Sales recovered after they dropped by 45% on the year in May. Bunker demand got support from a 47% rise in dry bulk volumes, although liquid bulk was down by 32% and container TEUs down by 6%. A significant increase in the number of cruise ships entering the port, from one to eight, could have added to demand.
Algeciras, which was Spain’s largest bunkering port until last year, supplied 117,000t of fuel — a 35% drop. Sales were pressured by a 6% drop in liquid bulk, 19% less dry bulk and 5% fewer container TEUs. The port does not normally receive cruise ships.
In the first six months of the year Algeciras supplied 24% less fuel, and Las Palmas’ supply nudged up by 2%.
Sales at Cueta fell by 14% year on year in June, pulled down by 41% less liquid bulk, and by 37% less container TEUs. The north African enclave had no dry bulk or cruise ship traffic.
Spanish ports’ June sales were an improvement from May, when the overall fell by 35% year on year.
Photo credit and source: Argus Media
Published: 7 August, 2020
‘The new addition increases our bunkering capacity at Hong Kong port to about 20,000 metric tonnes per month,’ says Managing Director of Buriskey Supply & Services.
Compared to a conventional oil-fuelled tanker, the new LNG-fuelled design reduces CO2 emissions by at least 20% offering increased autonomy without reducing the cargo volume.
Started industry peer reviews in the week ended 8 September; targets official launch by October or November.
Company reports a leading OEM withdrew their approvals for almost all low BN oils in the market, while NAVIGO MCL Ultra retained its status.
Accuracy of data within BDNs continues to result in technical challenges and potential losses, i.e. VLSFO density in Hong Kong is found to be 2% higher than analysis by Navig8.
Data of the Q2 2020 bunker sales volume shows bunker fuel sales volume minimally impacted by Covid-19 related lockdowns compared to Q1 2020.
Between November 2016 and October 2017, Mr Tan falsified at least 20 invoices and submitted these invoices to UOB and OCBC, according to court documents obtained by bunkering publication Manifold Times.
‘CSM Taurus arrived in Singapore during mid-September and is currently undergoing final preparations before starting commercial operations,’ General Manager of CSM tells Manifold Times.
Criminal syndicate’s tampering with MFMs on bunker tankers Southernpec 6 and Southernpec 7 conceptualised by three masterminds and carried out by cargo officers on board, according to joint statement.
Seeks information connected to SGS COQs of Gas Oil and Marine Diesel Oil cargoes loaded on board Vinalines Glory from the Vopak Banyan Terminal in Singapore between January and February 2013.
Additional topics of bunker contamination and OCM services discussed at VPS’ Fuel Management Challenges – The Year of 2021 & Beyond webinar on 23 September; Manifold Times summarises the session.
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.
