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Argus Media: Stranded Iranian tankers await Brazil court ruling

Iranian-flagged grain vessels Bavand and Termeh have been waiting for fuel at Paranagua Bay, Brazil since June.

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Global energy and commodity price reporting agency Argus Media in on Monday (22 July) provided a marine fuels industry related update focusing on refuelling issues of the Bavand and Termeh at Paranagua Bay, Brazil:

A favorable federal supreme court decision could be the best hope for two Iranian tankers awaiting marine fuel in Paranagua Bay off Brazil´s southern coast, bunker market participants tell Argus.

Since early June, two Iranian-flagged grain vessels, the Bavand and Termeh, owned by Islamic Republic of Iran Shipping Lines and operated by Iranian shipping firm Sapid, have been requesting fuel for a return journey after discharging urea cargoes to Brazilian firm Eleva.

Transpetro, the logistics arm of Brazil´s state-controlled Petrobras, denied a request to refuel the vessels, citing US sanctions. The possible sanctions-related impacts mentioned by PBR included blocked assets; prohibition to transact with companies or individuals subject to US law; and anticipation of the maturity of around $78bn in debt with foreign institutions.

Eleva last week was awarded a local court injunction obligating Petrobras to supply 1,700 tons of fuel to the vessels under threat of fines. The matter now heads to the federal supreme court, which is scheduled to return to its normal agenda on 1 August.

On 19 July, Brazil's general prosecutor Raquel Dodge filed a memo urging the high court to overturn the injunction.

In her petition, Dodge wrote that "the serious consequences for the order and the public economy that the fulfillment of the objectionable decision can cause, not only for Petrobras, but also for the Brazilian state, are evident, since the federal government is the majority shareholder of [Petrobras]."

The Bavand already loaded 48,000 t of corn at Imbituba port in Santa Catarina, a Paranagua port operator said. The Termeh is waiting for bunker before traveling to the same port for a 65,000 t cargo of corn.

Food is outside the scope of US sanctions, but urea is covered. Islamic Republic of Iran Shipping Lines, Sapid and Eleva were not available to comment.

"I've had eight or nine people call asking how to resolve this situation, but without Petrobras almost all options are either too risky or not economically feasible," a marine fuel specialist with a global bunker company said.

In theory, the vessels can purchase fuel from suppliers other than Petrobras, or send fuel from Iran to supply the ships. But many bunker suppliers operating in Brazil are unwilling to risk non-compliance with sanctions.

Even if a company is willing to take the risk, the restrictions on portside refueling means the vessels would likely have to make it to international waters for a ship-to-ship transfer, another bunker specialist said.

Rio de Janeiro-based marine fuel supplier NFX, a 50:50 joint venture between BP and Brazilian logistics firm Prumo, says no representatives for the vessels have been in contact to discuss refueling.

Phone calls and emails to Iran´s embassy in Brasilia were not answered.

The predicament comes against the backdrop of a recent strengthening of ties between Brazil and the US, influenced partly by far-right president Jair Bolsonaro's affinity for US president Donald Trump.

The situation comes amid rising international tensions following Iran's seizure of the UK-flagged Medium Range (MR) oil tanker Stena Impero in the strait of Hormuz on 19 July.

Source: Argus Media
Published: 23 July, 2019

 

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Bunker Fuel

Singapore: Bunker fuel sales drops by 6.8% on year in May 2026

4.55 million mt of various marine fuel grades were delivered at the world’s largest bunkering port in May, down from 4.88 million mt recorded during the similar month in 2025, according to MPA data.

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Singapore: Bunker fuel sales drops by 6.8% on year in May 2026

Sales of marine fuel at Singapore port dropped by 6.8% on year in May 2026, according to data from the Maritime and Port Authority of Singapore (MPA).

In total, 4.55 million metric tonnes (mt) (exact 4,548,000 mt) of various marine fuel grades were delivered at the world’s largest bunkering port in May, down from 4.88 million mt (4,878,100 mt) recorded during the similar month in 2025.

Deliveries of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in May (against on year) recorded respectively 1.79 million mt (-5.3% from 1.89 million mt), 2.29 million mt (-6.5% from 2.45 million mt), zero (-100% from 1,200 mt), 600 (35.2% from 1,700 mt) and zero (from zero).

Singapore: Bunker fuel sales drops by 6.8% on year in May 2026

Bio-blended variants of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in May, (against on year) recorded respectively 11,600 mt (-71.6% from 40,900 mt), 36,400 mt (-62.1% from 96,100 mt), zero (from zero), zero (from zero) and zero (from zero). B100 biofuel bunkers, introduced in February last year, recorded 12,800 mt (+573.7% from 1,900 mt). 

LNG and methanol sales were 70,300 mt (+56.2% from 45,000 mt) and zero (from zero) respectively. There were no recorded sales of ammonia for the month and so far since 2025.

 

Photo credit: Maritime and Port Authority of Singapore
Published: 15 June, 2026

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Bunker Fuel Quality

Bunker flash: High concentrations of catalytic fines, elevated acid numbers found in Singapore

Maritec-Naias issued an alert regarding high levels of catalytic fines and elevated acid numbers present in multiple VLSFO bunker samples from deliveries in the Singapore port.

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Bunker fuel testing and marine surveying business Maritec-Naias on Friday (12 June) issued an alert regarding high levels of catalytic fines and elevated acid numbers present in multiple VLSFO bunker samples from deliveries in the Singapore port: 

During the period of 20 May 2026 and 02 June 2026, Maritec Pte. Ltd. (hereafter referred to as Maritec-Naias) conducted testing on five samples representing Very Low Sulphur Fuel Oil (VLSFO) deliveries from two suppliers in the Singapore port. The analyses revealed Aluminium and Silicon (Al+Si) concentrations ranging from 61 mg/kg to 68 mg/kg.

It is important to note; these values exceed the ISO 8217:2010/2017 specification limit of 60 ppm but remain within the permissible tolerance limit of 72 ppm under ISO 4259 for a single test result. In this regard, Catalytic Fines content, (Aluminium+Silicon), above 60 ppm is regarded as high. Of the five samples, three originated from one supplier, while the remaining two were from another.

Aluminium and Silicon constitute the principal classes of abrasive solids in fuels. Elevated concentrations of such particles at the engine inlet can precipitate abnormal wear and tear of fuel system components, piston rings, and cylinder liners. To safeguard against this, many engine manufacturers stipulate a maximum threshold of 15 mg/kg Al+Si at the engine inlet.

The primary method of mitigating Catfines is through an efficiently operating fuel purification system. Monitoring Aluminium and Silicon levels both before and after centrifugation provides a reliable measure of the system’s effectiveness in removing these contaminants.

During a similar period, Maritec-Naias also tested fifteen bunker fuel samples representing VLSFO that exhibited elevated Acid Numbers, ranging from 2.0 mg KOH/g to 2.5 mg KOH/g. While these values remain within specification limits, they are nonetheless considered at higher side. Elevated Acid Numbers may stem from contamination with acidic compounds such as Phenolic compounds and Alkyl Resorcinols, often associated with Estonian Shale Oil. Such contaminants can lead to operational complications including sludge formation, fuel pump seizures, and compromised injection equipment cleanliness.

Maritec-Naias Recommendations

  • High Catfines monitoring: Maritec-Naias advises collecting samples at critical points within the fuel system — including the fuel oil tank transfer pump, before and after centrifuge, service tank, and after fine-filter — to evaluate the efficiency of fuel cleaning.
  • Elevated Acid Numbers: For fuels with elevated Acid Numbers, Maritec-Naias recommends conducting Gas Chromatography-Mass Spectrometry (GC-MS) using the Solid Phase Extraction (SPE) method to identify the specific acidic compounds present or upgrading your marine fuel testing package to MFTP Plus, which enables pre-emptive monitoring to detect major harmful substances prevalent in the market, such as Cashew Nut Shell Liquid (CNSL), Phenolic compounds and Alkyl Resorcinols that cause damage to equipment.

Maritec-Naias states, while all data and findings presented in this document are true, it does not reflect on the overall quality of fuel being supplied in Singapore region. If you intend to bunker at this region, please request for a Certificate of Quality (CoQ) prior to loading.

 

Photo credit: Hans Reniers on Unsplash
Published: 15 June, 2026

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Incident

Three dead after supply boat sinks following collision off Pasir Panjang Terminal

PCG recovered three bodies from the waters after a supply boat sank off Pasir Panjang Terminal on 12 June 2026 at about 9.30am following a collision with a landing craft.

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The Maritime and Port Authority of Singapore (MPA) on Friday (12 June) said a supply boat sank off Pasir Panjang Terminal at about 9.30am after colliding with a landing craft. 

MPA, Police Coast Guard (PCG), and SCDF Marine Division, immediately activated their crafts to the incident site and commenced search and rescue operations.

“The landing craft is stable with no reported injury to crew on board,” MPA said in a statement. 

PCG has recovered three bodies from the waters, believed to be deceased crew members of the sunken supply boat. Search and rescue operations, including diving operations, are ongoing to determine if there are other crew members from the supply boat missing.

“Port operations have not been affected. Navigational broadcasts have been issued advising vessels to keep clear of the incident area,” it added.

“Investigations into the incident are ongoing.” 

 

Photo credit: Manifold Times
Published: 15 June, 2026

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