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ENGINE: Americas Bunker Fuel Availability Outlook

Prompt stems generally available in the region; supply tight in Panama, especially gasoil; Santos VLSFO back to discounts amid good availability.

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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:

21 July 2022

  • Prompt stems generally available in the region
  • Supply tight in Panama, especially gasoil
  • Santos VLSFO back to discounts amid good availability

 

North America

Prompt HSFO deliveries are available with several suppliers in the Houston area, although one supplier has reportedly been unable to accommodate a prompt stem.

Prompt VLSFO and LSMGO grades are readily available in the Houston area and in the Galveston Offshore Lightering Area (GOLA). LSMGO can be delivered in three days with a supplier, VLSFO in just one day.

Smaller stem sizes are typically priced more competitively than larger ones in Houston, but this can vary from stem to stem.

Availability of prompt product can be slightly tighter in New Orleans, where a supplier can offer VLSFO and LSMGO with five days of lead time, while another’s earliest delivery dates are 7-8 days out. But it varies between suppliers. One supplier can deliver within a day in the port.

Availability is mixed in the US Gulf Coast port of Pascagoula. One supplier has no LSMGO availability for dates 4-5 days out, while another supplier can accommodate.

 

Caribbean and Latin America

Bunker availability continues to be under pressure in Panama and Trinidad, especially for LSMGO. Balboa’s LSMGO price has shot up to big premiums of $120-130/mt over Houston in the past two days.

The earliest delivery dates for LSMGO and HSFO in Balboa vary between 12 days with one supplier and 8-10 days with another.

A supplier in Panama can deliver LSMGO and VLSFO with six days of lead time in Balboa, but has more constrained availability in Cristobal for those dates, and bunker schedules are overall busy for the remaining dates of the month across both sides of the Panama Canal.

VLSFO is in limited supply well into the first half of August with a supplier in Cristobal. Availability is slightly better in Balboa, but is still under pressure for prompt dates with certain suppliers.

VLSFO and LSMGO deliveries are available with a supplier off Trinidad with 4-5 days of lead time, while another supplier can only deliver VLSFO on prompt dates.

The grades are also available with roughly four days of lead time off Aruba.

Prompt availability of VLSFO, LSMGO and HSFO is normal in St. Eustatius, where a supplier can accommodate stems with 4-5 days of lead time. Cruise ships will take priority in the bunker line-up when they arrive, however.

Suppliers in both Santos and Zona Comun have good VLSFO availability for dates towards the end of the month, but the Brazilian port has been pricing the grade more competitively to Zona Comun.

Zona Comun’s VLSFO benchmark flipped to a premium over Santos on Thursday for the first time in over a week. It had previously been at sustained discounts to both Santos and other Brazilian ports.

Most suppliers in Uruguay’s Montevideo can accommodate VLSFO and LSMGO deliveries on dates towards the end of the month, but prices remain elevated against Argentina’s nearby Zona Comun anchorage.

Montevideo prices VLSFO around $130/mt higher than in Zona Comun, and LSMGO over $300/mt higher.

 

Photo credit and source: ENGINE
Published: 21 July, 2022

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Alternative Fuels

Argus Green Marine Fuels Asia eBook released ahead of February bunker conference

eBook features interviews with Microsoft, JERA, IBIA, Anglo American, Sumitomo Corporation, Hafnia, BHP, Global Maritime Forum, DS NORDEN, ADNOC Group, and Standard Chartered Bank.

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Argus Media organises Green Marine Fuels Asia Conference in Singapore

Independent global energy and commodity market intelligence provider Argus Media recently published an eBook as part of a prelude leading towards the Argus Green Marine Fuels Asia Conference on 18 to 19 February in Singapore.

The Pre-conference content: Argus marine fuels Asia eBook features exclusive industry interviews with Microsoft, JERA, IBIA, Anglo American, Sumitomo Corporation, Hafnia, BHP, Global Maritime Forum, DS NORDEN, ADNOC Group, and Standard Chartered Bank.

It offers a peek into their thoughts on infrastructure readiness, the marine fuels shipowners are gravitating towards, LNG decarbonisation pathways, collaboration across the marine fuels value chain, and more.

The eBook is available for download through the image below:

argus media marine fuels asia ebook

The Argus Green Marine Fuels Asia Conference will be held at PARKROYAL COLLECTION Marina Bay, 6 Raffles Boulevard, Singapore 039594 on 18 to 19 February in Singapore.

Key speakers for the event include Kenneth Lim, Assistant Chief Executive (Industry & Transformation), Maritime and Port Authority of Singapore (MPA); Torben Nørgaard, Chief Technology Officer - Energy & Fuels, Maersk Mc-Kinney Moller Center; Jerid Soo, Assistant General Manager (Global Sustainability and ESG), Pacific International Lines; Kazuki Yamaguchi, General Manager and Head, Maritime Energy Solution, Energy Transformation Business Group, Sumitomo Corporation; and Mahua Chakravarty, Editor, Marine Fuels (Asia), Argus.

Related: Argus Media organises Green Marine Fuels Asia Conference in Singapore

 

Photo credit: Argus Media
Published: 17 January, 2024

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Bunker Fuel

TFG Marine, OOMCO form bunker fuel joint venture to supply in Oman ports

TFG-OOMCO will deliver bunker fuels to vessels visiting Oman’s ports of Duqm, Muscat and Sohar and offer customers a reliable and transparent bunkering provider in the Arabian Gulf.

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TFG Marine, OOMCO form bunker fuel joint venture to supply in Oman ports

TFG Marine, the international marine fuel joint venture founded by Trafigura, Frontline and Golden Ocean on Thursday (16 January) said it has established a bunker fuel joint venture with Oman Oil Marketing Company (OOMCO) to supply vessels visiting Oman’s ports of Duqm, Muscat and Sohar.

TFG-OOMCO LLC, incorporated in Oman, will combine the local knowledge of OOMCO with the international footprint, sourcing of all grades of marine fuels, infrastructure and logistics capability of TFG Marine, to offer customers a reliable and transparent bunkering provider in the Arabian Gulf.

Tarik Al Junaidi, CEO of Oman Oil Marketing Company, said: “This partnership aligns with Oman Oil Marketing Company’s efforts to develop the maritime transport and shipping infrastructure in Oman, which is in alignment with the objectives Oman Vision 2040.”

“It underscores our commitment to meeting the increasing demand of compliant, high-quality marine grades of fuel while adhering to the highest international health, safety, and environmental standards.”

“Through our partnership with TFG Marine, the adoption of cutting-edge technologies and the implementation of global best practices in fuel bunkering, we strive to lead towards excellence and sustainability in the bunker fuel business in the Sultanate’s ports.”

Mark Russell, Chief Commercial Officer, TFG Marine, said: “This is TFG Marine’s first venture in the Middle East and we look forward to serving our customers in this region. Oman has a rich history as a maritime nation and is well located close to the main shipping routes connecting the Arabian Gulf and the Indian subcontinent with the rest of the world.”

The announcement follows the signing of an MOU agreement between SOHAR Port and Freezone and TFG Marine, to establish an international bunker fuel supply operation. 

TFG Marine has already deployed bunker vessel Margherita Cosulich to the region to supply vessels at SOHAR’s deep-sea port. The vessel is fitted with a Mass Flow Meter (MFM), calibrated to the ISO 22192 international standard as required by SOHAR Port. SOHAR Port in February 2024 announced a mandate on the alignment of ISO 22192 standards ‘Bunkering of marine fuel using the Coriolis MFM system’ for all marine fuel supply operations within the port.

TFG Marine added it has long been an advocate of the global adoption of calibrated MFMs to bring much-needed transparency to bunkering and encouraging digitalisation in the long-term interests of the bunker industry and helping to further the decarbonisation goals of the shipping industry.

Related: TFG Marine to establish international bunker fuel supply op at SOHAR Port
Related: TFG Marine completes first bunker fuel delivery with “Margherita Cosulich” barge
Related: Metcore signs agreement with SOHAR Port and Freezone for MFM implementation support

 

Photo credit: TFG Marine
Published: 17 January, 2025

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Biofuel

Burando Energies delivers B30 bio bunker fuel to tug “MV Bylgia” in Rotterdam

Firm said it successfully delivered ISCC-certified B30 biofuel blend, derived from renewable feedstocks, to Heerema’s Anchor Handling Tug “MV Bylgia” at Port of Rotterdam.

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Burando Energies delivers B30 bio bunker fuel to tug “MV Bylgia” in Rotterdam

Burando Energies on Thursday (16 January) announced it successfully delivered ISCC-certified biofuel to Heerema’s Anchor Handling Tug MV Bylgia at the Port of Rotterdam.

The delivered B30 biofuel blend, derived from renewable feedstocks, will help reduce carbon emissions by an estimated 25% (well-to-wake)—an impactful move in Heerema’s ongoing commitment to sustainability.

“This delivery not only reflects our commitment to offering sustainable energy solutions but also strengthens our partnership with Heerema in their green ambitions,” said Duncan Huisman, Sustainable Bunker Trader at Burando Energies. 

“We are proud to contribute to initiatives that prioritise the well-being of our planet and future generations.”

Burando Energies said it will continue to focus on innovation and sustainability, striving to provide energy solutions that drive both environmental progress and business success.

 

Photo credit: Burando Energies
Published: 17 January, 2025

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