Connect with us

Business

ENGINE: Americas Bunker Fuel Availability Outlook

Prompt supply mostly tight across US ports; availability remains tight in Panama; Houston Ship Channel congestion build-up.

Admin

Published

on

ENGINE East of Suez Bunker Fuel Availability Outlook

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:

8 December 2022

  • Prompt supply mostly tight across US ports
  • Availability remains tight in Panama
  • Houston Ship Channel congestion build-up

 

North America

All grades are tight for prompt dates in the Houston area and off the US Gulf Coast. Lead times of 5-7 days are generally recommended in Houston to ensure full coverage from suppliers.

Thick fog and reduced visibility has caused intermittent closures of the Houston Ship Channel, and led to significant vessel backlogs and congestion, sources say. Some suppliers are not quoting for prompt stems in order to clear bunker backlogs.

Bunker demand in Houston is said to have slowed this week after growing steadily in the recent weeks. Some sources say that while Brent and bunker prices have slumped to multi-month lows, some buyers have been holding back on enquiries in anticipation of further price declines. The slowing demand in Houston could continue into next week, a source say.  

Houston’s HSFO and VLSFO benchmarks are down to one-year lows. Its LSMGO benchmark has declined to a 10-month low.

Similarly, availability of all grades is tight in New York. Recommended lead times for VLSFO and LSMGO are about 6-8 days, and prompter supply can be hard to find. One supplier can deliver VLSFO and LSMGO stems from 15 December onwards, a source says.

All grades remain tight for prompt dates in the West Coast ports of Long Beach and Los Angeles. A longer lead time of at least 10-15 days is generally recommended to ensure full coverage from all suppliers. One supplier can supply VLSFO and LSMGO in Long Beach with a slightly shorter lead time of nine days, a source says.

VLSFO and LSMGO grades are tight for prompt dates in San Francisco. One supplier requires at least 6-8 days of lead time.

Bunker fuel availability is tight for prompt dates in the Galveston Offshore Lightering Area (GOLA). Two suppliers can deliver VLSFO and LSMGO stems in GOLA between 15-18 December, while a host of others have limited to no product available.

Bunker availability remains steady for all fuel grades in Mexico’s Manzanillo as it has been in the past several weeks. Recommended lead times for HSFO, VLSFO and LSMGO are about five days out, but prompter stems can be accommodated.

 

Caribbean and Latin America

All grades are tight for prompt dates in Panama’s Balboa and Cristobal. Recommended lead times for VLSFO and LSMGO are about 6-8 days out. Some suppliers can accommodate prompt LSMGO stems of smaller quantities, a source says.

Securing HSFO can be trickier in both Balboa and Cristobal and longer lead times are generally recommended.

LSMGO availability is tight off Trinidad, where a supplier is running low on stock. VLSFO is more readily available with the supplier and requires five days of lead time.

Bunker fuel availability is normal in Colombian ports. One supplier in Colombia’s Cartagena and Santa Marta can supply VLSFO and LSMGO for prompt dates, a trader says.

VLSFO availability is tight in Brazil’s Rio de Janeiro, where one supplier requires at least two weeks of lead time, sources say.

All grades are tight for prompt dates at the Zona Comun anchorage in Argentina. LSMGO is particularly tighter as several suppliers are running low on stock. One supplier can deliver LSMGO stems from 18 December onwards. Lead times of 7-8 days are recommended for VLSFO.

By Nithin Chandran

 

Photo credit and source: ENGINE
Published: 9 December, 2022

Continue Reading

Winding up

Singapore: Liquidators arrange creditors meeting for Otto Marine Limited

Meeting will be held from 3pm on 24 July at 8 Wilkie Road #03-08 Wilkie Edge Singapore 228095, according to Government Gazette notice.

Admin

Published

on

By

steve pb from Pixabay

A meeting for creditors of Otto Marine Limited, which is in liquidation, has been scheduled to take place on 24 July, according to a Government Gazette notice on Thursday (11 July). 

The meeting will be held from 3pm at 8 Wilkie Road #03-08 Wilkie Edge Singapore 228095

The agenda of the meeting will be as follows:

  • To update on the liquidation administration;
  • To approve the Liquidators’ fees and disbursements;
  • To approve the declaration of preferential dividend(s) pursuant to Section
  • 328(1)(b) to 328(1)(f) of the Companies Act, Cap. 50;
  • To consider and if thought fit, to appoint a committee of inspection; and
  • Any other business.

The details of the liquidators are as follows: 

Chee Yoh Chuang
Lin Yueh Hung
Liquidators
c/o 8 Wilkie Road
#03-08 Wilkie Edge
Singapore 228095

 

Photo credit: steve pb from Pixabay
Published: 12 July, 2024

Continue Reading

LNG Bunkering

Titan completes first STS LNG bunkering operation in Cuxhaven

Port of Cuxhaven in Germany had previously only seen LNG operations conducted via truck and currently only permits LNG bunkering at one berth, says Titan.

Admin

Published

on

By

Titan completes first STS LNG bunkering operation in Cuxhaven

LNG bunker fuel supplier Titan on Thursday (11 July) said it completed the first-ever LNG bunkering operation by ship in the port of Cuxhaven.

Titan’s bunker vessel Optimus successfully delivered LNG to dredger Vox Ariane operated by its long-term client Van Oord. 

“Our ship-to-ship bunkering in Cuxhaven represents a pioneering step in the region's LNG infrastructure development, as the port had previously only seen LNG operations conducted via truck and currently only permits LNG bunkering at one berth,” it said in a social media post. 

“LNG infrastructure development is part of a broader trend, with more ports across Germany adopting LNG operations to support shipping’s clean fuels transition.”

Titan added the improved LNG bunkering capabilities in Cuxhaven, a Niedersachsen Ports GmbH & Co. KG port, also opened up the pathway to maritime decarbonisation via liquified biomethane (LBM) and then renewable e-methane going forward.

 

Photo credit: Titan
Published: 12 July, 2024

Continue Reading

LNG Bunkering

UECC “Auto Achieve” receives first LNG bunker fuel delivery by barge in home country

Firm said it received the first ever supply of LNG by barge to their multi-fuel LNG battery hybrid car carrier in the Port of Drammen, Norway.

Admin

Published

on

By

UECC “Auto Achieve” receives first LNG bunker fuel delivery by barge in home country

Norwegian roll-on/roll-off shipping line United European Car Carriers (UECC) on Wednesday (10 July) said it received the first ever supply of LNG by barge to their multi-fuel LNG battery hybrid car carrier Auto Achieve in the Port of Drammen on 4 July.

The firm said this was the first time UECC received LNG by barge to any of their vessels in their home country Norway. 

“We also believe that it was the first time LNG was delivered by barge to any vessel in Drammen, and most likely the entire Oslofjord,” UECC said in a social media post.

The LNG was supplied by the Molgas Energy Holding vessel Pioneer Knutsen, owned by Knutsen Group OAS.

“UECC is very pleased to see the expansion of the LNG barge network in Norway,” it said. 

 

Photo credit: UECC
Published: 12 July, 2024

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

OUR INDUSTRY PARTNERS

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


  • Central Star logo
  • Synergy Asia Bunkering logo MT
  • E Marine logo
  • Auramarine 01
  • PSP Marine logo
  • Innospec logo v6
  • Cathay Marine Fuel Oil Trading logo
  • Trillion Energy
  • intrasea
  • metcore
  • Advert Shipping Manifold resized1
  • Headway Manifold
  • 400x330 v2 copy
  • VPS 2021 advertisement

Trending