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ENGINE: Americas Bunker Fuel Availability Outlook

Availability tight in Beaumont; rough weather disrupts bunkering in Zona Comun; low demand in Brazil.

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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:

  • Availability tight in Beaumont
  • Rough weather disrupts bunkering in Zona Comun
  • Low demand in Brazil

 

North America

Bunker demand in Houston has picked up again this week. VLSFO and LSMGO availability in Houston has remained good so far, with most suppliers able to offer both grades within 4-6 days of lead time.

Several suppliers are recommending longer delivery lead times of 7-8 days for HSFO in Houston, while one supplier can supply the grade for prompt dates.

Prompt VLSFO and LSMGO availability is tight in Beaumont. One supplier needs at least 12 days of lead time to deliver the stems there. Securing VLSFO and LSMGO stems for prompt delivery dates is also difficult in Bolivar Roads. Deliveries there are subject to weather conditions and availability of anchorage space, a source says.

At the New Orleans Outer Anchorage (NOLA), VLSFO and LSMGO can be secured for very prompt dates (0-3 days). However, demand has been low so far this week.

Calmer weather conditions have allowed bunkering to run smoothly in the Galveston Offshore Lightering Area (GOLA). Suppliers in the GOLA can accommodate LSMGO and VLSFO stems within 2-3 days of lead time. HSFO is tight in the lightering area, with only one supplier able to deliver stems for prompt dates.

LSMGO demand remains high in the West Coast ports of Los Angeles and Long Beach, leading to tight availability of the grade in the region. As a result, LSMGO prices in both ports have surged to massive premiums over other American ports.

Meanwhile, VLSFO availability is good in Los Angeles and Long Beach. Most suppliers are able to deliver both grades with lead times of 4-7 days.

VLSFO and LSMGO grades are readily available in the East Coast port of New York.

 

Caribbean and Latin America

Demand for all grades has been low across Panamanian ports this week. Bunker fuel availability for prompt dates has improved in Balboa and Cristobal. Several suppliers are able to offer the fuel grades with lead times of 3-4 days, down from last week’s lead time of 5-7 days.

Meanwhile, the waiting time for ships looking to transit the Panama Canal was about 6 days on Thursday, according to the Panama Canal Authority. Due to the low water level in Gatun Lake, the Panama Canal Authority has limited the number of vessels that can cross the waterway, leading to increased waiting time there.

Prompt availability of both VLSFO and LSMGO remains tight off Trinidad and delivery prospects are subject to enquiries, a source says.

Bunker operations have been suspended in Argentina's Zona Comun anchorage since Wednesday due to strong wind gusts. Rough weather conditions are forecast until Friday, which could keep bunkering suspended there. Some suppliers are booking orders for VLSFO and LSMGO stems with lead times of 7-8 days.

Prompt VLSFO and LSMGO availability is good in Brazilian ports. One supplier can deliver stems with 2-3 days of lead time in Rio de Janeiro. However, demand for both grades has been low in Brazilian ports this week.

By Debarati Bhattacharjee

 

Photo credit and source: ENGINE
Published: 8 September, 2023 

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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.

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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

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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.

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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

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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.

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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

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