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ENGINE: Americas Bunker Fuel Availability Outlook

Prompt supply available in Houston; availability tight in New Orleans; VLSFO supply tight in Zona Comun.

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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:

6 July 2023

  • Prompt supply available in Houston
  • Availability tight in New Orleans
  • VLSFO supply tight in Zona Comun

 

North America

Demand has remained low in Houston for all grades, particularly HSFO. A few suppliers are now able to offer HSFO stems for prompt delivery dates there. Availability of VLSFO and LSMGO for prompt dates is normal in the port, with lead times of 3-4 days advised.

Bunker fuel availability is normal in Bolivar Roads. Recommended lead times for VLSFO and LSMGO are about 4-5 days.

VLSFO and LSMGO availability is normal in Baltimore, with a recommended lead time of 5-6 days.

Calmer weather condition has allowed bunkering to run smoothly in the Galveston Offshore Lightering Area (GOLA) this week. Suppliers in the GOLA can accommodate very prompt stems within 2-3 days of lead time. A few suppliers can deliver HSFO stems with a longer lead time of 5-7 days.

Availability of VLSFO and LSMGO have tightened for prompt dates at the New Orleans Outer Anchorage (NOLA) with an uptick in demand this week. Some suppliers can deliver VLSFO and LSMGO stems with lead times stretching to 10 days.

In the West Coast ports of Long Beach and Los Angeles, demand has declined once again. A lead time of 6-7 days is generally recommended for VLSFO and LSMGO deliveries. HSFO can be difficult to secure amid fewer suppliers offering the grade.

VLSFO and LSMGO availability is tight in San Francisco. One supplier requires at least two weeks to deliver stems.

VLSFO and LSMGO availability is said to be normal in the East Coast port of New York.

Bunker operations have not been affected in the ports of Vancouver and Prince Rupert due to the ongoing port workers' strike in Canada’s British Columbia. One supplier can offer VLSFO and LSMGO stems in Vancouver with a lead time of 3-4 days.

 

Caribbean and Latin America

Prompt availability of VLSFO and LSMGO is normal in Panama’s Balboa and Cristobal. Several suppliers are able to offer stems within 4-5 days of lead time. Meanwhile, bunker buyers have been keen to book stems for delivery dates further out.

HSFO requires a longer lead time of about 10 days in Panamanian ports.

Prompt availability of VLSFO and LSMGO is normal off Trinidad. However, strong wind gusts of up to 31 knots are forecast to hit off Trinidad between Thursday and Sunday, which could likely disrupt bunkering there.

Prompt VLSFO supply has tightened in Argentina’s Zona Comun. Most suppliers can deliver VLSFO stems from 14 July. LSMGO, meanwhile, is available for prompt delivery dates in Zona Comun. Strong wind gusts are forecast to hit the region on Thursday evening, which could disrupt bunkering there.

In Brazil, bunker demand has been good for Santos and Paranaguá this week. Suppliers are mostly able to offer VLSFO stems for prompt dates in both ports.

Brazilian oil and gas major Petrobras has started LSMGO supply at the Brazilian port of Suape this month.  

By Debarati Bhattacharjee

 

Photo credit and source: ENGINE
Published: 7 July, 2023

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Milestone

Singapore retains titles as Best Global Seaport and Best Seaport in Asia

Port of Singapore has been named the “Best Global Seaport” for the third consecutive year and the “Best Seaport in Asia” for the 35th time at the 2023 AFLAS Awards.

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Singapore retains titles as Best Global Seaport and Best Seaport in Asia

The Maritime and Port Authority of Singapore on Friday (29 September) said the Port of Singapore has been named the “Best Global Seaport” for the third consecutive year and the “Best Seaport in Asia” for the 35th time at the 2023 Asian Freight, Logistics and Supply Chain (AFLAS) Awards.

These accolades recognise the contributions by the Port of Singapore serving as a key node in the global supply chain, and Singapore’s leadership in driving maritime decarbonisation and transformation.

The annual AFLAS Awards is organised by freight and logistics publication, Asia Cargo News, to honour leading service providers in the supply chain community for demonstrating leadership as well as consistency in service quality, innovation, customer relationship management and reliability. Winners were determined by votes cast by readers of the publication.

singapore best seaport 2

Mr Chee Hong Tat, Acting Minister for Transport and Senior Minister of State for Finance, said: “Singapore is honoured to be named the Best Global Seaport and Best Seaport in Asia. These awards are the result of the shared effort and strong collaboration between the Government, industry, unions and workers. We will continue to grow our port as an efficient, sustainable, and trusted node in global supply chains.”

Mr Teo Eng Dih, Chief Executive of MPA, said: “These awards are testament to the partnership and collaboration between Maritime and Port Authority of Singapore (MPA) with industry and international partners, the research and enterprise community, as well as unions. MPA remains committed to fostering an environment that encourages enterprise, innovation, and talent development.”

“We will continue to work with our partners to enhance Singapore’s connectivity, advance digitalisation efforts, and accelerate the decarbonisation of international shipping in line with the 2023 IMO strategy on reduction of GHG emissions from ships.”

Photo credit: Maritime and Port Authority of Singapore 
Published: 29 September, 2023

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Employment

Melvin Lum appointed as KPI OceanConnect Global Accounts Commercial Director in Singapore 

Lum will take on the position of Commercial Director from Thomas Lee who was recently promoted to Head of APAC in a management restructure within KPI OceanConnect.

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Melvin Lum appointed as KPI OceanConnect Global Account Commercial Director in Singapore

Global marine energy solutions provider KPI OceanConnect on Thursday (28 September) announced the appointment of Melvin Lum as Commercial Director for its Global Accounts team in Singapore.

Lum will take on the position of Commercial Director from Thomas Lee who was recently promoted to Head of APAC in a management restructure within KPI OceanConnect. 

The Global Accounts team is an expert unit within KPI OceanConnect, specialised in providing long-term, tailored fuel strategy solutions to a portfolio of Key Accounts on a global scale. Dedicated regional teams located in London, Houston and Singapore work seamlessly across the world and around the clock to support their clients.

Lum joined KPI OceanConnect in 2021 as Senior Key Account manager and has made a significant contribution to the development of the team and optimisation of the daily operations of the unit in Singapore. Lum has vast experience across the supply chain and previously worked with TotalEnergies, Glencore and Global Energy Group prior to joining KPI OceanConnect.

Henrik Zederkof, Head of Global Accounts at KPI OceanConnect, said: "It is always a pleasure to witness the growth of our team members, and Melvin's progression is no exception. I have full confidence in Melvin's expertise, ability to lead the unit and dedication to his team. I look forward to seeing the progress of Melvin and his team, which will undoubtedly bring significant value to our numerous partners and the wider organisation.”

"Melvin will assume a pivotal role within the Global Accounts management team, leveraging his extensive experience in supply chain management and profound insight into emerging technologies. In his new role, Melvin will further enhance our team's skill set, aligning them with our ongoing objectives of supporting our partners in their green transition and digitalisation endeavours."

Melvin Lum, Commercial Director of KPI OceanConnect Global Accounts in Singapore, said: "I am very appreciative of the support and confidence from our management team as I take on this exciting new role. I am enthusiastic to work with the team as we continue to deliver an exceptional experience to our partners and stakeholders with dedication, innovation and passion."

Photo credit: KPI OceanConnect 
Published: 29 September, 2023

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Biofuel

TotalEnergies Marine Fuels renews ISCC EU certification for bio bunker fuel  

Firm’s operations teams in Singapore and Geneva successfully renewed its ISCC EU sustainability certification for the supply of biofuel bunkers, says Louise Tricoire, Vice President.

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TotalEnergies Marine Fuels renews ISCC EU certification for bio bunker fuel

Louise Tricoire, Vice President of TotalEnergies Marine Fuels recently said the firm’s operations teams in Singapore and Geneva successfully renewed its International Sustainability and Carbon Certification (ISCC) EU sustainability certification for the supply of biofuel bunkers.

“This means that TotalEnergies Marine Fuels can continue sourcing and supplying marine biofuels in accordance with EU renewable energy regulations ensuring the highest sustainability standards,” she said in a social media. 

“It's the third year in a row that we have successfully renewed this certification, after a deep and comprehensive audit which showed zero non-conformity.”

She added marine biofuels have grown in demand among shipping companies that want to cut greenhouse gas emissions immediately. 

“TotalEnergies Marine Fuels offers marine biofuels commercially in Singapore and we are starting in Europe. This certification enables us to accompany our customers in their decarbonisation journey with the best standard solutions available today.”

Photo credit: TotalEnergies Marine Fuels
Published: 29 September, 2023

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