Connect with us

Business

ENGINE: Americas Bunker Fuel Availability Outlook

Bunker fuel availability normal in Houston; supply improves in Brazilian ports; availability is very tight in Zona Comun.

Admin

Published

on

RESIZED ENGINE Americas

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:

10 August 2023

  • Bunker fuel availability normal in Houston
  • Supply improves in Brazilian ports
  • Availability is very tight in Zona Comun

 

North America

Bunker fuel prices in most Americas ports have climbed this week. Despite the price rise, demand for all grades has improved across major regional bunkering ports.

VLSFO and LSMGO supply has been good in the Houston area, partly due to its large pool of suppliers in the region. Most suppliers are able to deliver stems with 2-4 days of lead time. There is stronger demand for delivery dates in the last week of August, and several suppliers are able to offer them.

HSFO can also be secured with a longer lead time of 5-7 days with most suppliers. However, one supplier can deliver it on very prompt dates.

The cost of feedstocks used for fuel oil blending remains high. That has kept VLSFO and LSMGO prices elevated in Beaumont, a trader says. Some physical bunker suppliers are waiting for the cost to reduce in order to book replenishment cargoes. Availability of all grades remains good for prompt dates.

Prompt delivery of VLSFO and LSMGO is possible in Bolivar Roads with a recommended lead time of 3-5 days. However, deliveries there are still subject to weather conditions and the availability of anchorage space, a source says.

Availability of all fuel grades 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 through this week, which would allow smooth bunker deliveries there.

Securing prompt VLSFO and LSMGO stems is possible at the New Orleans Outer Anchorage (NOLA). A few suppliers are able to deliver stems with a lead time of 4-5 days in the area.

Bunker fuel availability is normal in the East Coast port of New York.

Bunker fuel availability in the West Coast ports of Long Beach and Los Angeles is better than normal. Demand has also improved in the ports, despite a spike in LSMGO price over the past two weeks.

 

Caribbean and Latin America

Demand have been high for all grades in Panamanian ports this week. Prompt availability of all fuel grades is normal in Balboa and Cristobal. Two suppliers are able to deliver HSFO stems in the ports with lead times of 2-4 days.

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

For over a month now, demand for HSFO in Peru's Callao has been muted. As a result, one supplier has halted HSFO offers in the port. Currently, there is only one supplier that can offer immediate delivery of HSFO.

Securing LSMGO and VLSFO for prompt dates at the Zona Comun anchorage is extremely difficult. The earliest delivery dates with several suppliers in Zona Comun stretch up to the last week of August.

Strong wind gusts ranging between 26-30 knots are forecast to hit Zona Comun on Friday, which could delay bunker operations until Monday. Winds at the higher end of that range can pose problems to bunker deliveries by barge.

Availability of VLSFO and LSMGO grades in Brazilian ports has improved this week. Some suppliers are able to deliver both grades with 4-5 days of lead time in Santos and Rio Grande.

By Debarati Bhattacharjee

 

Photo credit and source: ENGINE
Published: 11 August, 2023 

Continue Reading

Project

Poland: ORLEN to strengthen position in bunker fuels sector with new oil terminal

With the terminal’s commissioning, the company plans to introduce a bunkering vessel to service the Tri-City ports with conventional marine fuels and biofuels.

Admin

Published

on

By

ORLEN oil terminals

Polish multinational oil refiner ORLEN Group on Wednesday (12 June) said it is solidifying its presence in the marine fuels market with the construction of a new oil terminal that is scheduled for completion by the second half of 2025.

Construction of the Martwa Wisła terminal, located on the Martwa Wisła river, has already exceeded 70%.

The Martwa Wisła terminal will enhance the logistics capabilities of the Gdańsk refinery, allowing for the transshipment of approximately 2 million tonnes of fuel products annually.

The first four loading arms have already arrived at the construction site and the remaining four loading arms are slated for delivery by the end of June. The devices, with a throughput capacity of up to 500m³/h, will be used at transshipment points to load tankers.

With the terminal's commissioning, the company plans to introduce a bunkering vessel to service the Tri-City ports (Gdańsk, Gdynia, Sopot) with conventional fuels and biofuels.

For over 20 years, the Group has been supplying quality marine fuels to all Polish seaports. Its refinery product portfolio encompasses a wide range of fuels that guarantee quality and strict compliance with regulations, including MGO (DMA 0.1%S), ULSFO (RMD80 0.1% S) and LNG, which will in the near future be complemented with ‘green’ alternatives.

All marine fuels offered by ORLEN comply with the international ISO 8217:2017 standard and meet the requirements of the MARPOL Convention.

 

Photo credit: ORLEN Group
Published: 14 June 2024

Continue Reading

Business

Australia: Crew of bunker tanker “Champion 63” to strike following employer’s refusal to negotiate

‘BP has decided they can’t pay industry standards in Brisbane and want to keep their workers’ wages low,’ states MUA spokesman.

Admin

Published

on

By

Champion 63

The crew of Champion 63, a 2022-built Australia-registered bunker tanker with home port of Brisbane, is set to go on strike after bargaining for a new enterprise agreement has stalled, stated the Maritime Union of Australia (MUA) on Wednesday (12 June).

Members of the Australian Maritime Officers Union, the Australian Institute of Marine and Power Engineers, and MUA voted up protected industrial action on 11 June 2024.

The crews have been trying to formalise their employment conditions with ASP Ship Management since the bunkering operations commenced in February 2023. It took ASP approximately six months to issue the Notice of Employee Representational Rights (NERR) and start bargaining.

0baae86a 481a 4ed3 b50f 19c954117e7a

“The crew of the new bunker barge on the Brisbane River and the maritime unions bent over backwards to make this vessel work,” said MUA Assistant Branch Secretary Paul Gallagher.

“Including low wages, excessive hours and a roster that does not allow crew to take leave. 18 months down the track when it comes time for BP to reward their crew and pay industry standards what do they do? They deny them fair wages, a workable roster and threaten their back pay!”

The AMOU filed a bargaining dispute after ASP refused to take their claim for a roster that does not demand that crews work every weekend seriously.

“Having to work every weekend because ASP does not have suitable relief arrangements is unacceptable,” said AMOU Industrial Officer Tracey Ellis.

“Crews have a right to be rostered time off to spend with their family. Waiting for ASP to fix the issue did not work, filing a Bargaining Dispute in the Fair Work Commission did not work, so the crews will take protected industrial action until their concerns are taken seriously.”

The crews onboard the Champion 63 voted up an unlimited number of stoppages of work of between one hour and 48 hours.

Gallagher added that, “the Maritime unions will not tolerate the big multinational fuel barons of this world undermining the Australian maritime wages and conditions of seven local mariners who are trying their best to support our own local shipping and Cruise Ship industry. If your cruise holiday gets delayed it is because, after recording over $40 billion profit in last two years, BP has decided they can’t pay industry standards in Brisbane and want to keep their workers’ wages low.”

 

Photo credit: Maritime Union of Australia
Published: 13 June 2024

 

Continue Reading

Additives

Infineum releases Sustainability Report 2023 outlining its sustainability progress

Infineum celebrates 25 years of operations and looks forward to the next 25 years of progress towards its net zero ambition by 2050, says CEO.

Admin

Published

on

By

Press release Infineum remains focused on our purpose to become a sustainable world class specialty chemicals company

Infineum, a specialty chemicals company headquartered in the UK, on Thursday (13 June) released its fourth annual Sustainability Report, reinforcing its purpose to create a sustainable future through innovative chemistry.

Aligned with the company’s strategic plan to achieve its vision and purpose, Infineum announces:

Publication of its Sustainability Report 2023 (Sustainability.Infineum.com), which outlines the efforts and progress that the company has achieved through the year, including:

  • Championing of Diversity, Equity & Inclusion (DE&I) throughout the organisation
  • Achievement of 28% of colleagues volunteering, surpassing its 2025 target of 25%
  • Increased share of relevant supplier spends covered by sustainability assessments to 62%

Launch of revamped corporate website (www.Infineum.com) to better represent Infineum as a specialty chemicals company, showcasing Infineum’s existing capabilities, as well as diversification in the new markets

The joint venture, formed in 1999 between Shell and Exxon Mobil, celebrates its 25th anniversary this year and recently shared its restructure strategy to two business units, Sustainable Transportation and Energy Applications.

“As Infineum celebrates 25 years of operations and we look forward to the next 25 years of progress towards our net zero ambition by 2050, I am pleased to share our fourth annual sustainability report,” says Infineum CEO Aldo Govi.

“This is a journey and we have made excellent progress, but improvement will not always be linear, especially when set against the backdrop of a challenging external environment, but our purpose of creating a sustainable future through innovative chemistry, continues to drive us forward.

“We remain focused on our vision to become a sustainable world-class specialty chemicals company. Sustainability was at the core of reshaping Infineum to better enable us to contribute to sustainable mobility and the transition to a low-carbon economy.”

 

Photo credit: Infineum
Published: 13 June 2024

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

OUR INDUSTRY PARTNERS

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


  • E Marine logo
  • Synergy Asia Bunkering logo MT
  • Auramarine 01
  • SMS Logo v2
  • Innospec logo v6
  • Victory Logo
  • Energe Logo
  • 300 300
  • endress
  • Cathay Marine Fuel Oil Trading logo
  • Advert Shipping Manifold resized1
  • 400x330 v2 copy
  • VPS 2021 advertisement
  • Headway Manifold

Trending