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ENGINE: Americas Bunker Fuel Availability Outlook

VLSFO supply improves with replenishments in Vancouver; prompt VLSFO and LSMGO readily available in Houston area; VLSFO supply tight for prompt dates in Santos.

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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:

22 September 2022

  • VLSFO supply improves with replenishments in Vancouver
  • Prompt VLSFO and LSMGO readily available in Houston area
  • VLSFO supply tight for prompt dates in Santos

 

North America

Prompt VLSFO and LSMGO grades are readily available in the Houston area and off the US Gulf Coast. LSMGO can be tight for very prompt (0-3 days) delivery in New Orleans. A supplier has a tight schedule and requires lead times of about 4-5 days. Another supplier can commit stems with a shorter lead time.

Availability remains good for VLSFO and LSMGO in Galveston Offshore Lightering Area (GOLA). One supplier is able to accommodate both stems for very prompt dates. Another has held back offers for smaller quantities of VLSFO to increase its barge utilisation, sources say.

VLSFO and LSMGO grades are available for prompt delivery dates in New York.

Some suppliers in Los Angeles and Long Beach can accommodate prompt stems. A supplier can deliver the two grades with 4-5 days of lead time, but longer lead times of about 10 days are generally recommended to ensure full coverage from all suppliers.

VLSFO supply has slightly improved in Canada’s Vancouver as a supplier received a resupply cargo late last week, sources say. Over the past few weeks, bunker buyers have struggled to secure VLSFO stems for both prompt and dates further out in the Canadian port as suppliers were running low on stock.

Another supplier in Vancouver is holding back VLSFO offers for prompt dates as it is fully booked for the remaining days of the month.

Availability is normal across all grades in Mexico’s Manzanillo. Recommended lead times for HSFO, VLSFO and LSMGO are about five days out. Prompt deliveries can be accommodated based on enquiries, sources say.

 

Caribbean and Latin America

All grades remain in tight availability for very prompt dates in Panama’s Balboa and Cristobal. Lead times for VLSFO and LSMGO are about 6-8 days out among several suppliers in Balboa. Some can even offer deliveries for prompt dates, sources say.

VLSFO and LSMGO availability is tight for prompt dates off Trinidad. The earliest delivery date with a supplier is about 10 days out.

Availability of VLSFO and LSMGO is normal in Colombia’s Santa Marta. The earliest delivery date with a supplier there is about seven days. Another can offer with a shorter lead time.

VLSFO supply is tight for prompt dates in Brazil’s Santos. Recommended lead times are about 10-11 days.

Securing VLSFO for prompt dates at the Zona Comun anchorage can be difficult. A supplier has a busy schedule and is hesitant to supply on prompt dates. Some suppliers are ready to commit to stems that have lead times of 7-10 days, a trader says.

By Nithin Chandran

 

Photo credit and source: ENGINE
Published: 23 September 2022

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Newbuilding

Singapore: EPS orders ammonia, LNG dual-fuel vessels from China

EPS signed one contract for a series of ammonia dual-fuel bulk carriers with CSSC Beihai Shipbuilding and another for a series of LNG dual-fuel oil tankers with CSSC Guangzhou Shipbuilding International.

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Singapore-based Eastern Pacific Shipping (EPS) on Wednesday (28 February) said it signed two new contract orders in a signing ceremony in Shanghai, one for a series of ammonia dual-fuel bulk carriers with CSSC Beihai Shipbuilding and another for a series of LNG dual-fuel oil tankers with CSSC Guangzhou Shipbuilding International. 

The contracts signed cover four 210,000 dwt ammonia dual-fuel bulk carriers and two 111,000 dwt LNG dual-fuel LR2 oil tankers, expanding our fleet of green vessels on water. 

“These are pivotal for EPS, testament to our continued commitment towards the decarbonisation of shipping,” EPS said in a social media post.

Manifold Times recently reported EPS signing a contract for its first ever wind-assisted propulsion system, partnering with bound4blue to install three 22-metre eSAILs® onboard the Pacific Sentinel

The turnkey ‘suction sail’ technology, which drags air across an aerodynamic surface to generate exceptional propulsive efficiency, will be fitted later this year, helping the 183-metre, 50,000 DWT oil and chemical tanker reduce overall energy consumption by approximately 10%, depending on vessel routing.

Related: Singapore: EPS orders its first wind-assisted propulsion system for tanker

 

Photo credit: Eastern Pacific Shipping
Published: 1 March 2024

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LNG Bunkering

Malaysia: Port of Tanjung Pelepas completes first LNG bunkering operation

Landmark event involved the CMA CGM Monaco, a 14,024 TEUs containership operated by French shipping giant CMA CGM.

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Port of Tanjung Pelepas Sdn Bhd (PTP), a joint venture between MMC Group and APM Terminals, on Wednesday (28 February) announced a significant milestone with the successful completion of its first Liquefied Natural Gas (LNG) bunkering operation. 

The landmark event involved the CMA CGM Monaco, a 14,024 TEUs (Twenty-foot Equivalent Units) capacity containership operated by French shipping giant, CMA CGM.

Tan Sri Che Khalib Mohamad Noh, Chairman of PTP in a statement remarked this latest milestone demonstrates PTP’s commitment to continuously enhance its competitive advantages in an increasingly competitive global market.

“The successful completion of our first LNG bunkering operation also underscores our unwavering commitment to sustainability and environmental leadership. We are proud to partner with Petronas Trading Corporation Sendirian Berhad (PETCO) and CMA CGM on this initiative and showcase PTP’s capabilities as a leading facilitator of clean and efficient maritime operations.”

“This milestone paves the way for further growth in LNG bunkering at PTP, contributing significantly to the decarbonisation of the maritime industry.”

Commenting on this achievement, Mark Hardiman, Chief Executive Officer of PTP stated this latest milestone further highlights PTP’s position as the largest transshipment hub terminal in Malaysia.

“In preparation for the LNG bunkering operation, PTP worked closely since March 2022 with PETCO and CMA CGM, as well as with various other related government agencies to organise table-top exercises (TTX) and workshops, before carrying out the deployment exercise.”

“The success of the bunkering operation is a result of the seamless collaboration and preparations involving rigorous safety procedures through in-depth operational and risk assessments, modelling, and validation. We thank PETCO, CMA CGM all other involved parties for their joint efforts in operationalising the bunkering capability and we welcome partners to work with us to accelerate maritime decarbonisation,” said Hardiman.

Port of Tanjung Pelepas (PTP) is Malaysia’s largest transshipment hub with the capacity to handle 13 million TEUs annually. The port delivers reliable, efficient, and advanced services to major shipping lines and box operators, providing shippers in Malaysia and abroad with extensive connectivity to the global market. PTP is currently ranked 15th among the world top container ports.

 

Photo credit: Port of Tanjung Pelepas
Published: 1 March 2024

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Alternative Fuels

Wallenius Wilhelmsen to order four additional methanol DF PCTCs

Newbuilds will also be ammonia-ready and able to be converted as soon as ammonia becomes available in a safe and secure way.

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Wallenius Wilhelmsen PCTC order

Roll-on/roll-off (Ro-Ro) shipping company Wallenius Wilhelmsen on Tuesday (27 February) declared options to build four additional next-generation Shaper Class pure car and truck carrier (PCTC) vessels.

The 9,300 CEU methanol dual fuel vessels can utilise alternative fuel sources, such as methanol, upon delivery. They will also be ammonia-ready and able to be converted as soon as ammonia becomes available in a safe and secure way.

“Together with our customers we are committed to further shaping our industry and accelerating towards net zero. These new vessels are a vital part of that journey,” says Xavier Leroi, EVP & COO Shipping Services.

This latest commitment brings the total number of Shaper Class vessels currently on order with Jinling Shipyard (Jiangsu) to eight. Wallenius Wilhelmsen also retains further options.

The first of the Shaper Class vessels already ordered are expected to be delivered in the second half of 2026. The four additional vessels under the declared options will be delivered between May and November 2027.

 

Photo credit: Wallenius Wilhelmsen
Published: 1 March 2024

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