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ENGINE: Americas Bunker Fuel Availability Outlook

LSMGO tight in NOLA; prompt HSFO supply improves in Panama; bad weather hinders Zona Comun bunkering.

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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:

13 July 2023

  • LSMGO tight in NOLA
  • Prompt HSFO supply improves in Panama
  • Bad weather hinders Zona Comun bunkering

 

North America

Demand for all fuel grades has improved in Houston this week. VLSFO and LSMGO grades are generally in good supply with suppliers in the Houston area. Most suppliers are able to deliver stems with 2-3 days of lead time, as well as on dates further out. HSFO needs a longer lead time of 6-7 days with most suppliers. However, one supplier can deliver it on very prompt dates.

Several cases of contaminated VLSFO stems supplied in the US Gulf Coast region have been reported in the past month, particularly in Houston and New Orleans. Several vessels using these fuels have reported loss of power.

Prompt delivery of VLSFO and LSMGO is possible in Bolivar Roads with a recommended lead time of 3-4 days. However, deliveries there are subject to weather conditions and anchorage space, a source says.

Similarly, availability of VLSFO and LSMGO is good in Beaumont and Port Arthur, but demand has been low in these ports this week.

Availability of VLSFO and LSMGO is normal for prompt dates in the Galveston Offshore Lightering Area (GOLA), a source says. The offshore area is forecast to experience favourable weather conditions this week, which would allow smooth bunker deliveries there.

Most suppliers can offer VLSFO for prompt dates at the New Orleans Outer Anchorage (NOLA) within five days. However, LSMGO availability can be tight with few suppliers and prices can fluctuate greatly between suppliers at the location, a source says.

Availability of VLSFO and LSMGO is good in the West Coast ports of Los Angeles and Long Beach. Recommended delivery time of several suppliers are between 5-7 days, which is better than normal in the West Coast ports. HSFO stems can also be secured, and has a longer lead time of more than seven days.

Bunker operations have not been affected in the ports of Vancouver and Prince Rupert due to the port workers' strike in Canada’s British Columbia., a source said. Availability of all fuel grades is tight for prompt dates in Vancouver.

Securing HSFO deliveries in New York is difficult for prompt dates. Only three suppliers are able to offer HSFO stems in the port now, according to a source. Availability of VLSFO and LSMGO in the port remains good for prompt dates.

 

Caribbean and Latin America

Prompt availability of all fuel grades is normal in Panama’s Balboa and Cristobal. One supplier is able to deliver HSFO stems in the ports with a lead time of three days, up from last week’s 10-day lead time. Several other suppliers can deliver HSFO stems in Balboa only within 4-6 days of lead time.

Meanwhile, some bunker buyers have been keen to book Panama stems for dates between the end of August and September.

HSFO is tight for prompt dates off Trinidad. VLSFO and LSMGO can be secured with a lead time of 5-7 days.

Demand has been low this week in the Brazilian ports of Santos, Rio Grande and Rio de Janeiro. Availability of VLSFO and LSMGO remains good for prompt dates with most suppliers.

Availability of VLSFO and LSMGO stems is tight at Argentina’s Zona Comun anchorage. The earliest delivery dates with several suppliers in Zona Comun stretch up to 22-23 July, a source said.

Bunker operations have been suspended in Zona Comun due to rough weather conditions. The area is currently experiencing strong gale-force wind gusts of up to 35 knots. The weather is expected to clear up from Thursday evening and deliveries are expected to restart. However, delays are expected as a large number of vessels is due to arrive.

By Debarati Bhattacharjee

 

Photo credit and source: ENGINE
Published: 14 July, 2023

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Business

VPS introduces new General Manager for Middle East and Africa

Dirk de Bruyn brings experience from Rio Tinto, Shell and recently TotalEnergies, and a range of local, regional and global oil, gas and energy roles across four continents.

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Dirk de Bruyn, General Manager for Middle East and Africa, VPS

Maritime decarbonisation advisory services company VPS on Monday (11 November) announced the appointment of Dirk de Bruyn as the company’s new General Manager for Middle East and Africa.

In this role, Dirk will advance VPS’s business within the region with both new and existing key clients. He will be critical to the growth of both the traditional businesses of marine fuels testing and advisory as well as playing a key role of decarbonisation of the maritime industry.

With experience gained at Rio Tinto, Shell and recently TotalEnergies, and a range of local, regional and global roles across four continents in international oil, gas and energy, Dirk brings extensive experience and knowledge in the energy transition space.

Using his extensive knowledge gained in bunker fuel and lubricants, both from a supplier and end-users’ perspective, Dirk previously led a global team focused on energy transition and decarbonisation.

“The maritime industry is changing quickly with ambitious emissions targets and decarbonisation requirements driving the introduction of new technologies and fuels into the market,” said Dr. Malcolm Cooper, CEO of VPS.

“In this dynamic landscape, we are very pleased to have Dirk on board to help VPS customers optimise their operations by understanding which new fuels to use and how to adapt to these sustainable business drivers and meet new regulations.

Dirk noted: “Whilst the industry is rightfully focussed on the path towards Net Zero, we must ensure we do not take our eye off the ball on the operational risks posed by traditional fuels.”

“Energy Transition and the path towards Net Zero is an evolving landscape. With the change in fuel types and the introduction of future fuels, it is important to provide advice and guidance to our customers whilst taking into consideration the differences in legislations.

“VPS leads the way with their technology in biofuels as well as methanol testing which is a key component to reducing our clients emissions and helping them in their journey towards Net Zero. I am excited to be part of this journey with VPS’ with an industry who is focussed on fuel transition.

“With over forty years of knowledge and experience in the marine industry, and a wide range of advanced Digital Decarbonisation platforms such as PortStats, Maress, BOND and Emsys, I have found that our team is filled with experience and determination and I look forward to adding mine into the mix.”

 

Photo credit: VPS
Published: 13 November 2024

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Business

Bunker fuel trading firm Shipergy achieves International Sustainability and Carbon Certification

ISCC certification assures Shipergy’s marine fuel offerings meet sustainability, GHG reduction, and traceability standards – aligning with upcoming FuelEU Maritime.

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London-based provider of marine fuel solutions Shipergy on Monday (11 November) said it has achieved International Sustainability and Carbon Certification (ISCC).

The ISCC certification provides assurance that Shipergy’s fuel offerings meet rigorous sustainability, greenhouse gas (GHG) reduction, and traceability standards – aligning with the EU’s upcoming FuelEU Maritime regulation effective 1 January 2025.

This regulation mandates progressive reductions in GHG intensity across all energy sources used by ships within EU waters. By achieving ISCC certification, Shipergy is now positioned to help its customers meet these regulatory standards while supporting the broader decarbonisation of the maritime sector.

“Achieving ISCC certification is a testament to Shipergy’s dedication to advancing sustainable practices in the maritime industry,” said Daniel Rose, CEO of Shipergy.

“With FuelEU Maritime on the horizon, we are proud to offer our customers a reliable source of certified sustainable fuels, enabling them to navigate the changing regulatory landscape confidently and responsibly.”

Related: Marine fuel trading firm Shipergy secures USD 15 million credit facility with DNB Bank
RelatedShipergy to set up new Singapore regional hub in major recruitment drive
RelatedSignal Group launches tech enabled bunker procurement company Shipergy
RelatedShipergy reports more than 60 bunker procurement transactions since launch
RelatedShipergy to leverage OpenAI’s ChatGPT in AI-powered, bunker fuel market report

 

Photo credit: Shipergy
Published: 13 November 2024

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Battery

Yinson GreenTech and Zeabuz to develop autonomous, remote-controlled electric marine vessels

Collaboration aims to integrate Zeabuz’s hardware and proprietary software algorithms into Yinson GreenTech’s marinEV fleet of electric vessels.

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Yinson GreenTech and Zeabuz to develop autonomous, remote-controlled electric marine vessels

Yinson GreenTech and autonomous maritime technology company Zeabuz have signed a Letter of Intent to integrate autonomous and remote-control capabilities into Yinson GreenTech's fleet of marine electric vessels.

This collaboration was formalised at the Singapore Norway Innovation Conference on 6 November. It marked a significant step towards decarbonising Singapore's maritime industry by combining the power of electrification and autonomous maritime operations.

The collaboration aims to deliver more efficient marine solutions by integrating Zeabuz's hardware and proprietary software algorithms into Yinson GreenTech's marinEV fleet of electric vessels.

Critically, by combining autonomous driving technology with electric marine vessels, this collaboration will address the maritime industry's long-term manpower challenges. It will reduce the number of crew members required onboard, making maritime operations more efficient.

Additionally, it will enhance the attractiveness of maritime jobs by introducing new, knowledge-based skillsets like artificial intelligence, machine learning, and remote operations. This aligns with the Maritime and Port Authority of Singapore's (MPA) Industry Transformation Map, particularly its focus on digitalisation.

“To fulfil Yinson GreenTech's broader vision of building a net-zero world, marinEV believes in harnessing the power of sustainable innovation through strategic partnerships," said Jan-Viggo Johansen, Managing Director of marinEV.

“Our collaboration with Zeabuz marks a significant step towards accelerating the adoption of autonomous solutions, which will not only enhance the safety and efficiency of maritime operations but also significantly reduce our environmental impact on waterways.”

“By combining the power of electrification, onboard autonomy, and remote supervisory control, we are laying a strong foundation for the future of sustainable maritime operations,” said Øyvind Smogeli, CEO and Co-Founder of Zeabuz.

“We are excited to deepen our collaboration with Yinson GreenTech to build a future of sustainable, technology-driven marine transport.”

 

Photo credit: Yinson GreenTech
Published: 12 November 2024

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