Connect with us

Bunker Fuel Availability

ENGINE: East of Suez Bunker Fuel Availability Outlook (21 Nov 2023)

VLSFO availability tight in Zhoushan; South Korean ports face weather disruptions; good demand in Fujairah.

Admin

Published

on

RESIZED ENGINE East of Suez

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:

  • VLSFO availability tight in Zhoushan
  • South Korean ports face weather disruptions
  • Good demand in Fujairah

Singapore

A source says Singapore has been seeing “muted” demand so far this week. VLSFO continues to be under pressure in Singapore as several suppliers are facing tight delivery schedules. Terminals have been jammed by several tankers loading and discharging cargoes, which has held up bunker delivery vessels from loading, a source says. Lead times of around 11-13 days are recommended for VLSFO – almost unchanged from the end of last week.

HSFO is also under pressure in the Southeast Asian bunker hub, with some suppliers advising lead times stretching out to more than two weeks now – up from 11-13 days last week. LSMGO availability, on the other hand, is good, with short lead times of 2-3 days.

According to Enterprise Singapore, the port’s residual fuel oil stocks have averaged 6% lower so far this month than across October. Singapore’s net fuel oil imports have slumped 41% lower in November.

Singapore’s middle distillate stocks, however, have climbed 14% higher on the month.

China, East Asia and Oceania

A source says VLSFO availability has come under pressure in Zhoushan as several suppliers are running low on stocks. Most suppliers have been hesitant to offer and will only respond to bunker enquiries on a “case by case” basis. The grade required lead times of 5-10 days last week.

On the other hand, HSFO availability has improved in the Chinese bunkering hub, with lead times of 5-7 days recommended – down from 5-10 days last week. LSMGO remains readily available at the port.

Meanwhile, the northern Chinese port of Dalian has good supply of VLSFO and LSMGO. The nearby port of Tianjin also has good availability of VLSFO, but supply of LSMGO and HSFO remains under pressure and deliveries are subject to enquiry. Prompt availability of VLSFO and LSMGO remains tight in the other northern Chinese port of Qingdao, and HSFO remains subject to enquiry there.

Both grades remain tight for prompt supply in the southern Chinese ports of Shanghai and Xiamen. HSFO availability has persistently been under pressure in Shanghai, as it has been in recent weeks.

LSMGO supply is tight in Guangzhou, but VLSFO availability remains good there. Both grades remain under pressure in the southeastern port of Fuzhou, with deliveries subject to enquiry.

Yangpu port, on the other hand, has good availability of both the grades.

All grades remain in good supply in Hong Kong, with several suppliers recommending unchanged lead times of 5-7 days. Bad weather conditions are forecast in Hong Kong between Friday and Saturday, which might impact bunkering operations.

Strong winds and high waves are predicted to hit the South Korean ports of Busan, Ulsan, Onsan and Yeosu between 23-26 November, and Daesan and Taean between 22-25 November, which may disrupt bunker deliveries at these ports.

Availability of HSFO has improved in South Korean ports amid low demand, a source says. Several suppliers are advising lead times of around four days for the grade. Lead times of HSFO varied widely between 5-13 days last week.

VLSFO and LSMGO grades are in ample supply in South Korea, with lead times of around four days recommended – virtually unchanged from last week.

Adverse weather conditions are forecast in the Philippine port of Subic Bay between 25-26 November, in the Thai ports of Koh Sichang and Leam Chabang between 26-27 November, and in the Kiwi port of Tauranga between 24-25 November, which may affect bunkering.

South Asia

VLSFO and LSMGO supply remains good in Kandla on India’s northwest coast and Cochin on the southern coast, with some suppliers advising short lead times of 2-3 days.

Both grades remain in tight availability in several Indian ports including Mumbai, Chennai, Visakhapatnam, Paradip, Tuticorin and Haldia, with deliveries subject to availability in these ports.

Rough weather is forecast in the Indian port of Kochi on 23 November, which might impact bunkering operations.

Middle East

Availability of all grades remains “super tight” in Fujairah amid good demand, with unchanged lead times of 7-10 days advised. But some suppliers can still offer prompt deliveries for all grades, a trader says.

Lead times of around five days are needed for all bunker fuel grades in the nearby UAE port of Khor Fakkan.

By Tuhin Roy

Photo credit and source: ENGINE
Published: 22 November, 2023

Continue Reading

Bunker Fuel

Baltic Exchange: Bunker Report (22 February, 2024)

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

Admin

Published

on

By

Baltic Exchange: Bunker Report (22 February, 2024)

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

Commentary:

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 on Thursdays

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

 

Photo credit and source: Baltic Exchange
Published: 23 February, 2024

Continue Reading

Bunker Fuel

ENGINE: Americas Bunker Fuel Availability Outlook (22 Feb 2024)

Availability improves in Houston; bad weather could impact Zona Comun bunkering; tight availability off Trinidad.

Admin

Published

on

By

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 improves in Houston
  • Bad weather could impact Zona Comun bunkering
  • Tight availability off Trinidad

North America

Bunker demand has been strong this week in Houston and several other ports along the US Gulf Coast. Availability of all fuel grades has improved this week for prompt supply in Houston. VLSFO and LSMGO grades are generally in good supply with suppliers in the Houston area. Most suppliers can deliver stems with lead times of 5-7 days. HSFO needs a longer lead time of more than seven days.

Availability of VLSFO and LSMGO has also improved for prompt dates in Bolivar Roads. However, deliveries are still subject to weather conditions and anchorage schedules, a source says. One supplier is able to deliver LSMGO stems in the area with a lead time of five days.

Calmer weather conditions in the Galveston Offshore Lightering Area (GOLA) have allowed suppliers to smoothly carry out bunker operations after previous bad weather-triggered disruptions. Nevertheless, strong wind gusts of up to 34 knots are forecast for Thursday, which could impact bunkering.

Some suppliers in GOLA can supply VLSFO and LSMGO grades with lead times of 4-5 days.

Demand has slowed in the West Coast ports of Long Beach and Los Angeles, after demand rose last week. Lead times of more than seven days are generally recommended for VLSFO and LSMGO deliveries.

Suppliers are able to deliver LSMGO and VLSFO stems within 3-4 days of lead time in the East Coast port of New York.

Caribbean and Latin America

VLSFO and LSMGO prompt availability is normal in Panama’s Balboa and Cristobal. Several suppliers can offer stems within 3-5 days of lead time. Bunker demand has been low at both ports.

Prompt availability of VLSFO and LSMGO is tight off Trinidad. One supplier is unable to offer LSMGO and HSFO stems for delivery dates before 8 March.

Prompt VLSFO and LSMGO supply has remained very tight in Argentina’s Zona Comun. Strong wind gusts are forecast to hit the region over the weekend, which could cause prolonged delays and disruptions, a source says.

By Debarati Bhattacharjee

 

Photo credit and source: ENGINE
Published: 23 February 2024

Continue Reading

Bunker Fuel Availability

ENGINE: Europe & Africa Bunker Fuel Availability Outlook (21 Feb 2024)

Rough weather off Skaw may impact bunkering; non-prompt availability is good in Canary Islands; LSMGO running dry in Durban.

Admin

Published

on

By

RESIZED ENGINE Europe and Africa

The following article regarding Europe and Africa bunker fuel availability has been provided by online marine fuel procurement platform ENGINE for post on Singapore bunkering publication Manifold Times:

  • Rough weather off Skaw may impact bunkering
  • Non-prompt availability is good in Canary Islands
  • LSMGO running dry in Durban

Northwest Europe

In the ARA hub, availability is normal across all grades. Lead times of 4-6 days are recommended for HSFO and 5-7 days for VLSFO, a trader says. Meanwhile, LSMGO availability is normal for prompt delivery dates with 2-4 days of lead times.

The ARA’s independently held fuel oil stocks have averaged 3% lower so far this month than across January, according to Insights Global data.

The region has imported 121,000 b/d of fuel oil in February so far, down from 222,000 b/d in January, according to cargo tracker Vortexa data. The ARA hub has imported low-sulphur fuel oil (LSFO) and HSFO in a 63/37 ratio in February so far, unlike in January, when the ratio was tilted more towards HSFO at 48/52.

Sweden continues to be the ARA hub’s biggest fuel oil import source so far this month, accounting for 22% of the ARA’s total imports. The UK (20%) has ranked second, followed by Germany (17%), Poland (16%) and Denmark (11%).

The ARA hub’s independent gasoil inventories — which include diesel and heating oil — have increased by 6% so far this month. The ARA has imported 203,000 b/d so far this month, down from 399,000 b/d of gasoil imported in January.

In the German port of Hamburg, lead times of 3-5 days are still recommended for all three grades.

Off Skaw, HSFO is available only for non-prompt delivery dates and can require lead times of 7-10 days. VLSFO and LSMGO grades are available with comparatively shorter lead times of 5-7 days. Adverse weather is forecast off Skaw for the remaining days of this week and could disrupt bunkering, port agent MH Bland said.

Mediterranean

In Gibraltar, lead times of 6-8 days are recommended for HSFO and 5-6 days for VLSFO. LSMGO can be secured with shorter lead times of 2-4 days. Strong wind gusts of 25-28 knots are forecast to hit the Gibraltar Strait between Thursday and Friday. High winds could impact bunkering in the ports there.

In Ceuta, VLSFO and LSMGO availability are normal. Most suppliers can offer both grades for prompt delivery dates, according to a source.

Availability is normal for non-prompt delivery dates in the Canary Islands ports of Las Palmas and Tenerife. Bunkering in Las Palmas was disrupted on Wednesday because of wind gusts of nearly 25 knots and waves of over 1.5 meters, according to a source.

Rough weather conditions off Malta are likely to impact bunkering at some anchorage locations on Wednesday and over the weekend. Most suppliers can deliver stems for prompt dates, but these deliveries are subject to weather conditions, a trader told ENGINE.

In the Greek port of Piraeus, availability has improved for all grades. The weather is currently calm at the port, but strong wind gusts in the range of 21-31 knots are forecast in the area over the weekend.

Bunker fuel availability is normal in the Turkish port of Istanbul at the moment, with suppliers able to offer grades for prompt delivery dates. Calm weather is forecast for the rest of this week.

Meanwhile, bunkering is progressing normally in the Portuguese ports of Lisbon and Sines. VLSFO and LSMGO availability are normal in these ports.

Africa

LSMGO supply is dry at both Durban and Richards Bay in South Africa. VLSFO supply is available, but lead times of up to two weeks are recommended for the grade, according to a trader.

As a result, several vessels are diverting towards Port Louis for bunkering. However, bunkering in the Mauritius port can be difficult at the moment because of a cyclone warning. Bunker operations in the anchorage area were suspended on Wednesday. Port Louis is unlikely to resume operations before 24 February, which could lead to bunker congestion, MH Bland said.

By Manjula Nair

 

Photo credit and source: ENGINE
Published: 22 February, 2024

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

OUR INDUSTRY PARTNERS

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


  • Energe Logo
  • E Marine logo
  • SMS Logo v2
  • intrasea
  • Victory Logo
  • Uni Fuels logo advertisement white background
  • Cathay Marine Fuel Oil Trading logo
  • Kenoil
  • Golden Island logo square
  • Central Star logo
  • VPS 2021 advertisement
  • Headway Manifold
  • Advert Shipping Manifold resized1
  • 400x330 v2 copy

Trending