Bunker Fuel Availability

ENGINE: East of Suez Bunker Fuel Availability Outlook (17 Oct 2023)

HSFO availability is tight in Singapore; VLSFO and LSMGO availability is good in several Chinese ports; bunker demand is good in Fujairah.

Published

1 year ago

October 18, 2023

Admin

The following article regarding regional bunker fuel availability outlook for the East of Suez region has been provided by online marine fuels procurement platform ENGINE for publication on Singapore bunkering publication Manifold Times:

HSFO availability is tight in Singapore
VLSFO and LSMGO availability is good in several Chinese ports
Bunker demand is good in Fujairah

Singapore

A source says Singapore has been witnessing “average” demand so far this week. Several suppliers are recommending lead times of 8-10 days for VLSFO – almost unchanged from last week.

HSFO availability has tightened in the port, with lead times going up from 7-9 days last week to 10-12 days now. Lead times of LSMGO remain virtually unchanged at 3-7 days.

Singapore’s residual fuel oil stocks have averaged 11% lower so far in October than across September, according to Enterprise Singapore. The port’s net fuel oil imports have dipped by 1% so far this month. Meanwhile, both imports and exports are up this month. The port’s fuel imports have increased by 20%. Fuel oil exports have jumped 77% and to their highest level since January this year.

The Southeast Asian bunker hub’s middle distillate stocks, on the other hand, have averaged 4% higher so far this month than in September.

China, East Asia and Oceania

Some suppliers have almost run out of HSFO stocks in Zhoushan, but low demand for the grade has somewhat prevented the tightness from becoming too severe, a source says. Lead times of 3-5 days are recommended for the grade. VLSFO and LSMGO remain in good availability in the port, with suppliers advising very short lead times of 2-5 days – almost unchanged from last week.

Both grades remain in ample supply in the northern Chinese port of Dalian. The nearby port of Tianjin has good availability of VLSFO, but LSMGO and HSFO remain under pressure, and deliveries are subject to enquiry. Prompt VLSFO and LSMGO availability remains tight in the other northern Chinese port of Qingdao, while HSFO is subject to enquiry.

VLSFO and LSMGO prompt supply remains tight in the southern Chinese ports of Shanghai and Xiamen as well. HSFO supply has been under pressure in Shanghai as it has been in recent weeks.

Both VLSFO and LSMGO remain in tight availability in the southeastern port of Fuzhou, with deliveries subject to enquiry. On the other hand, the availability of both grades remains good in the ports of Guangzhou and Yangpu.

All grades remain in good availability in Hong Kong, as it has been in recent weeks. Lead times of 5-7 days are recommended for all bunker fuel grades in the port.

Strong wind gusts of 24-28 knots and swells of close to a metre are predicted to hit Hong Kong on Wednesday and Thursday, which might hamper bunker deliveries.

The South Korean ports of Ulsan, Onsan, Busan, Daesan, Taean and Yeosu face possible disruptions from strong winds and high waves from Friday to Sunday.

VLSFO availability has become tighter in South Korean ports, a source says. This is primarily due to a decrease in VLSFO imports and some suppliers selling out most of their stocks at the beginning of the month. As a result, most suppliers are running low on stocks, the source adds.

Lead times of VLSFO vary widely between 3-12 days – almost doubling from 4-6 days last week. LSMGO and HSFO lead times also vary widely between 3-12 days in South Korean ports.

Adverse weather conditions are predicted in the Vietnamese port of Hai Phong between 20-21 Oct, and the Kiwi port of Tauranga on Tuesday, which might impact bunkering operations at these ports.

South Asia

VLSFO and LSMGO availability remains good in Kandla on the northwest coast of India and Cochin on the southern coast, with a short lead time of 2-3 days recommended.

However, both grades remain very tight in the Indian ports of Mumbai, Visakhapatnam, Haldia and Paradip, with delivery dates mostly subject to availability, a source says. On the other hand, bunker deliveries remain subject to enquiry Tuticorin on the southeast coast.

Middle East

Prompt availability across all grades remains tight in Fujairah. Most suppliers recommend lead times of around 5-7 days. Some can still offer prompt dates depending on stem sizes, a source says.

Availability of all grades remains good in the other UAE port of Khor Fakkan, with lead times of 5-7 days.

By Tuhin Roy

Photo credit and source: ENGINE
Published: 18 October, 2023

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Bunker Fuel Availability

ENGINE: Americas Bunker Fuel Availability Outlook (16 Jan 2025)

Prompt availability good in New York; rough weather in Houston causes delays; high wind gusts hit bunkering in Zona Comun.

Published

2 days ago

January 17, 2025

Admin

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:

Prompt availability good in New York
Rough weather in Houston causes delays
High wind gusts hit bunkering in Zona Comun

North America

Bunker fuel availability in Houston remains tight across all grades. High winds over the last few days have created some backlogs by delaying bunker deliveries in the port. The situation is expected to remain the like this until 21 January.

An "Arctic Front will impact Houston area starting Saturday morning with high winds / cold temps [temperatures] and possible freeze," a source says. The pumping rates on barges are likely to be much lower than normal due to cold temperatures, the source adds.

There are enough supply volumes to go around in the port. That is not really the issue, a source says, the issue is more to get into suppliers' delivery schedules and for stems to be delivered without weather delays.

Bunker operations in the Galveston Offshore Lightering Area (GOLA) could be disrupted by high wind gusts on and off until 20 January, with deliveries happening on a case-by-case basis. Operations are expected to resume fully between 16-18 January and then be suspended on 19 January, a source says.

On the East Coast, availability for VLSFO and LSMGO is good in New York, but bunker operations may face disruptions this week due to high wind gusts, causing potential delays in deliveries, a source said. Tugs are kept on standby for urgent requirements.

Last week, shipping company A.P. Moller-Maersk had issued an advisory to its customers stating that the conditional agreement on US wages is set to expire on 15 January, possibly leading to a coast-wide strike on 16 January, if no agreement was reached by that date.

To clarify, bunker suppliers across US East Coast and Gulf Coast ports have not reported any disruptions from a workers' strike, and deliveries are underway, according to multiple sources.

Prompt bunker availability has improved in Los Angeles and Long Beach in January, with suppliers advising lead times of less than seven days for all fuel grades.

Caribbean and Latin America

Suppliers have seen strong demand in the Panamanian ports of Balboa and Cristobal, amid tight availability across most fuel grades. Suppliers require lead times of more than seven days to secure stems.

Suppliers in the Colombian ports of Santa Marta, Barranquilla and Cartagena have seen good demand, and tighter availability. January is the month with the highest demand, a source says.

Bunker operations at Argentina’s Zona Común anchorage may face some disruptions due to bad weather conditions and strong wind gusts between 17-19 January. Prompt VLSFO availability is tight at the anchorage, with lead times of at least seven days advised, a source said.

In Bahía Blanca, supply capacity has been reduced because of low barge availability since December. Bahía Blanca is a major wheat export hub.

Meanwhile, Brazilian ports reported strong demand in January, with ample availability across most fuel grades.

By Aparupa Mazumder

Photo credit and source: ENGINE
Published: 17 January, 2025

Bunker Fuel

Baltic Exchange: Bunker Report (16 January 2025)

Bunker report panellists include Island Oil Limited, Cockett Marine Oil Pte, Monjasa A/S and KPI OceanConnect.

Published

2 days ago

January 17, 2025

Admin

Baltic Exchange: Bunker Report (16 January 2025)

The following bunker report has been provided by freight market information provider Baltic Exchange for post on Singapore bunkering publication Manifold Times:

Note:

All values are in US$/metric ton, all-in (invoice price), delivered on board
Delivery in 7-10 days
ISO 8217:2010
IFO 380 3.5% Sulphur
IFO 380 0.5% Sulphur
DMA 0.1% Sulphur

Rotterdam – Waalhaven – Maasvlakte range
Houston – Houston Harbor
Singapore – Anchorage, under SBA Scheme
Fujairah – Offshore Anchorage Area

Submitted weekly at Close of Business UK time, on Tuesday & Thursdays

Panellists:
Island Oil Limited, Cockett Marine Oil Pte, Monjasa A/S, KPI OceanConnect

Photo credit and source: Baltic Exchange
Published: 17 January, 2025

Bunker Fuel

Singapore: Bunker fuel sales down by 5.2% on year in December 2024

4.79 million mt of various marine fuel grades were delivered at the world’s largest bunkering port in December, a drop from 5.05 million mt recorded during the similar month in 2023.

Published

3 days ago

January 16, 2025

Admin

Sales of marine fuel at Singapore port decreased by 5.2% on year in December 2024, according to Maritime and Port Authority of Singapore (MPA) data.

In total, 4.79 million metric tonnes (mt) (exact 4,790,030 mt) of various marine fuel grades were delivered at the world’s largest bunkering port in December, a drop from 5.05 million mt (5,050,640 mt) recorded during the similar month in 2023.

Deliveries of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in December (against on year) recorded respectively 1.88 million mt (+3.9% from 1.81 million mt), 2.43 million mt (-14.4% from 2.84 million mt), zero (+100% from zero), 3,400 mt (-86.3% from 24,800 mt) and zero (from zero).

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Bio-blended variants of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in December (against on year) recorded respectively 12,000 (+100% from zero), 94,100 mt (+62.2% from 58,000 mt), zero (from zero), zero (from zero) and zero (from zero).

LNG and methanol sales were posted respectively at 48,300 mt (+419.4% from 9,300) and zero (from zero).

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