Connect with us

Bunker Fuel

ENGINE: Americas Bunker Fuel Availability Outlook (16 May 2024)

Availability is normal in Houston; supply is tight in Zona Comun; excessive flooding impacts Rio Grande bunkering.

Admin

Published

on

RESIZED ENGINE Americas

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:

  • Availability is normal in Houston
  • Supply is tight in Zona Comun
  • Excessive flooding impacts Rio Grande bunkering

North America

Bunker demand in Houston has remained low this week. Availability of all grades is back to normal after the temporary closure of the Houston Ship Channel last week due to flooding, which caused disruptions in the region.

Currently, most suppliers are able to offer VLSFO and LSMGO stems with a lead time of 5-6 days. HSFO can be secured within seven days of lead time, a source says.

In Bolivar Road, securing prompt VLSFO and LSMGO stems is possible as demand has been slow this week. One supplier is able to offer both fuel grades with a lead time of 3-4 days.

Similarly, availability has been good in Port Arthur and Beaumont, Texas.

A barge carrying vacuum gas oil (VGO) struck the Pelican Island bridge that connects the north side of Galveston with Pelican Island along the Gulf of Mexico, causing a partial collapse on Wednesday. Since then, vessel traffic in the channel has been suspended, but bunker operations in the area are largely unaffected.

Bunkering was proceeding normally in the Galveston Offshore Lightering Area (GOLA) on Thursday amid conducive weather conditions. The weather is forecast to remain calm over the weekend and into next week.

All grades are tight for prompt delivery dates in the West Coast ports of Long Beach and Los Angeles. Most suppliers require more than seven days of lead time to deliver VLSFO and LSMGO stems in both ports.

Demand for VLSFO and LSMGO has been stronger for delivery dates further out in Los Angeles. Most suppliers are able to offer stems for non-prompt dates.

Prompt VLSFO and LSMGO are available in the East Coast port of New York.

Bunker deliveries are taking place in Baltimore in a limited capacity after the Limited Access Channel was reopened last week. Operations are expected to fully resume next week after the cargo ship, Dali, is safely removed.

Caribbean and Latin America

Bunkering delays were reported in the Panamanian ports of Balboa and Cristobal earlier this week. These delays were because of maintenance work on the Gatun locks, which took place between 7-15 May. As a result of these maintenances, the daily vessel transits through the Panamax locks were temporarily reduced to 17 during this period

However, daily transits will increase from 17 to 24 in the Panamax locks and 7 in the Neopanamax locks (totaling 31) from 16 May to 31 May, which may help boost bunkering in the region.

Bunker fuel availability has remained good for prompt dates in Balboa and Cristobal. Most suppliers can offer stems with a lead time of 5-7 days.

 In Argentina’s Zona Comun anchorage, the availability of VLSFO and LSMGO has remained tight for prompt dates, despite calmer weather conditions this week. The earliest delivery date for VLSFO and LSMGO with one supplier is 28 May.

Bunker fuel availability has improved in the Brazilian ports of Santos and Paranagua. Several suppliers are able to offer stems with a lead time of five days.

Availability remains extremely tight in Rio Grande due to recent flooding in the area. Bunkering is available in the anchorage and berth areas, but these deliveries are subject to approval from the port authority, a source says.

By Debarati Bhattacharjee

 

Photo credit and source: ENGINE
Published: 17 May, 2024

Continue Reading

Methanol

Methanol Institute: Breakthroughs and Strategic Moves in Sustainable Marine Fuels (Week 23, 3-9 June 2024)

This week, the maritime industry made pivotal advancements in methanol fuel technology, forged strategic partnerships, and achieved key regulatory milestones, highlighting a concerted effort toward greener marine operations.

Admin

Published

on

By

Methanol Institute logo

The Methanol Institute, provides an exclusive weekly commentary on developments related to the adoption of methanol as a bunker fuel, including significant related events recorded during the week, for the readers of bunkering publication Manifold Times:

More heavy hitters are getting behind the supply of methanol to marine customers as the demand for newbuildings continues to strengthen.

The ramp-up in biofuels provided by energy major ExxonMobil are expected to support the industry’s decarbonization process as owners place further orders, vessels hit the water and new bunkering operations are planned.

Methanol marine fuel related developments for Week 23 of 2024:

ExxonMobil Expands Marine Biofuels Offering for Shipping Industry
Date: June 4th, 2024

Key Points: ExxonMobil is expanding its marine biofuels offering, actively engaging with multiple customers, including Hapag Lloyd and Wallenius Wilhelmsen. Recent deliveries from its Fawley refinery to several UK ports have demonstrated successful biofuel use without engine modifications. Biofuels are expected to play a significant role in the first phase of shipping's decarbonization, with a future shift towards methanol, ammonia, and hydrogen. ExxonMobil is exploring technologies and pathways to meet the industry's low-emission fuel needs.

DNV: Growing Demand for Methanol-Fueled Vessels Evident in May Newbuild Orders
Date: June 4th, 2024

Key Points: DNV's recent data shows a significant increase in orders for methanol-fueled vessels, with 23 out of 33 new orders in May being methanol-powered. This trend highlights the maritime industry’s growing appetite for methanol as a viable alternative fuel, driven by its lower emissions and alignment with decarbonization goals. Methanol's role is increasingly pivotal as the shipping sector seeks sustainable and compliant fuel options to meet future environmental regulations.

NKT Orders Methanol-Powered Cable-Laying Vessel
Date: June 5th, 2024

Key Points: NKT has ordered a 176-meter dual-fuel cable-laying vessel, the NKT Eleonora, capable of running on methanol, HVO, and MDO. Scheduled for operation in 2027, this vessel reflects NKT's commitment to sustainability and enhancing installation capacity. The decision to build a methanol-fueled vessel aligns with NKT’s strategic goal of providing greener power cable solutions, supporting the industry's shift towards environmentally friendly fuels.

Hagland Shipping Orders Methanol-Convertible Bulk Carriers
Date: June 5th, 2024

Key Points: Hagland Shipping has ordered four 5,000 DWT dry bulk carriers from Dutch shipyard Royal Bodewes. These vessels are designed to be easily converted to methanol propulsion in the future, reducing CO2 emissions by 40-50% and NOx emissions by 90-95% compared to the oldest ships in their fleet. The first ship is expected to be delivered by the end of 2025, enhancing Hagland's commitment to sustainability and emission reduction in Northern Europe and the Baltic region.

Headway Technology Group Opens New Office in Greece
Date: June 6th, 2024

Key Points: Headway Technology Group (Qingdao) Co., Ltd. has inaugurated a new office in Greece, coinciding with the first day of the Posidonia 2024 exhibition. This expansion aims to strengthen Headway's presence in the European low-carbon shipping sector, providing enhanced technical support and services. The new office will showcase Headway's methanol fuel supply systems and other green technologies, reinforcing their commitment to sustainable maritime solutions and supporting the global shift towards low-emission shipping practices.

Vopak Partners to Establish Green Methanol Bu Methanol Bunkering in China
Date: June 6th, 2024

Key Points: Vopak has signed a strategic cooperation agreement with the vice mayor of Tianjin to develop a green methanol bunkering operation in Northern China's Tianjin port. This initiative aims to repurpose existing infrastructure for new energy projects, positioning Tianjin as a crucial logistics hub for green methanol development. The partnership with Tianjin Port Group underscores Vopak's commitment to supporting sustainable maritime fuels and contributing to the global energy transition.

New Methanol-Ready Fallpipe Vessel Named "Yellowstone"
Date: June 7th, 2024

Key Points: DEME Group's new fallpipe vessel, the 37,000 DWT "Yellowstone," has been officially named in a ceremony held in Zeebrugge, Belgium. The vessel, designed for future conversion to methanol dual-fuel propulsion, features a hybrid power plant with a 1 MWh Li-ion battery. The naming ceremony, attended by Her Royal Highness Princess Astrid, underscores DEME's commitment to innovation and sustainability in marine operations.

 

Photo credit: The Methanol Institute
Published: 14 June 2024

Continue Reading

HSFO

Baltic Exchange: Bunker Report (13 June 2024)

Bunker report panellists include Island Oil Limited, Cockett Marine Oil Pte, Monjasa A/S and KPI OceanConnect.

Admin

Published

on

By

Baltic bunker report 13 June

The following bunker report has been provided by freight market information provider Baltic Exchange for post on Singapore bunkering publication Manifold Times:

Note:

All values are in US$/metric ton, all-in (invoice price), delivered on board
Delivery in 7-10 days
ISO 8217:2010
IFO 380 3.5% Sulphur
IFO 380 0.5% Sulphur
DMA 0.1% Sulphur

Rotterdam – Waalhaven – Maasvlakte range
Houston – Houston Harbor
Singapore – Anchorage, under SBA Scheme
Fujairah – Offshore Anchorage Area

Submitted weekly at Close of Business UK time, on Tuesday & Thursdays

Panellists:
Island Oil Limited, Cockett Marine Oil Pte, Monjasa A/S, KPI OceanConnect

 

Photo credit and source: Baltic Exchange
Published: 14 June 2024

Continue Reading

HSFO

ENGINE: Americas Bunker Fuel Availability Outlook (13 June 2024)

Availability tight in NOLA; low bunker demand in GOLA; bad weather disrupts Freeport bunkering.

Admin

Published

on

By

RESIZED ENGINE Americas

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:

  • Availability tight in NOLA
  • Low bunker demand in GOLA
  • Bad weather disrupts Freeport bunkering

North America

Bunker demand has remained good in Houston and several other locations along the US Gulf Coast this week. Availability of all fuel grades has been normal for prompt supply in Houston. Several suppliers in Houston have ample VLSFO and LSMGO availability and are actively offering stems for prompt deliveries. VLSFO stems for non-prompt dates were being fixed at as low as $567/mt on Thursday.

Prompt VLSFO and LSMGO supply is available in Bolivar Roads and Beaumont. However, bunker deliveries in these locations remain subject to weather conditions and the availability of anchorage spaces, a source says.

Availability has tightened in the New Orleans Outer Anchorage’s (NOLA) this week. One supplier requires 7–10 days to deliver VLSFO and LSMGO stems in NOLA.

Bunkering was proceeding normally in the Galveston Offshore Lightering Area (GOLA) on Thursday amid good weather conditions. The weather is forecast to remain calm over the weekend and into next week. Overall, demand has been very low this week at the anchorage.

The ports of Los Angeles and Long Beach on the West Coast have experienced a notable surge in demand this week. One contributing factor could be the competitive bunker prices in the twin ports compared to prices seen in other West Coast ports like Seattle and Vancouver.

VLSFO and LSMGO availability has been better than normal in Los Angeles and Long Beach. One supplier can supply both grades with a lead time of just four days, which is much shorter than the typical 7-9 days observed in these ports.

Prompt VLSFO and LSMGO are available in the East Coast port of New York.

Baltimore’s main shipping channel has been restored to its full depth and width after the removal of debris from the Francis Scott Key Bridge collapse. Bunker demand has been steady there, and most suppliers are able to offer stems with a lead time of 5-7 days.

Caribbean and Latin America

Bunker fuel availability has been normal in the Panamanian ports of Balboa and Cristobal. At least four suppliers can offer all bunker grades in Balboa, with lead times of up to seven days.

Demand has surged for Balboa compared to Cristobal for prompt dates.

Bunker operations were suspended in the Bahamas’ Freeport on Thursday due to strong wind gusts of up to 27 knots. The weather is expected to remain rough until Saturday, which could cause prolonged delays and disruptions.

Operations were also suspended in Argentina's Zona Comun anchorage on Thursday due to adverse weather conditions. The area was experiencing strong wind gusts of up to 30 knots, making barge deliveries difficult there.

Availability of VLSFO and LSMGO remains tight in Zona Commune for prompt dates. One supplier can offer VLSFO stems at the anchorage only for deliveries after 20 June, a source says.

In Brazil, bunker demand has been low across most ports, including Santos and Rio de Janeiro. Several suppliers are able to offer stems with a lead time of 5-7 days.

By Debarati Bhattacharjee

 

Photo credit and source: ENGINE
Published: 14 June, 2024

Continue Reading
Advertisement
  • RE 05 Lighthouse GIF
  • Aderco advert 400x330 1
  • v4Helmsman Gif Banner 01
  • SBF2
  • EMF banner 400x330 slogan
  • Consort advertisement v2

OUR INDUSTRY PARTNERS

  • SEAOIL 3+5 GIF
  • HL 2022 adv v1
  • Triton Bunkering advertisement v2
  • Singfar advertisement final
  • 102Meth Logo GIF copy


  • Uni Fuels logo advertisement white background
  • E Marine logo
  • Cathay Marine Fuel Oil Trading logo
  • Auramarine 01
  • Golden Island logo square
  • endress
  • Synergy Asia Bunkering logo MT
  • Central Star logo
  • Innospec logo v6
  • Victory Logo
  • 400x330 v2 copy
  • VPS 2021 advertisement
  • Headway Manifold
  • Advert Shipping Manifold resized1

Trending