Connect with us

Bunker Fuel Availability

ENGINE: East of Suez Bunker Fuel Availability Outlook (31 October 2023)

VLSFO and HSFO availability is tight in Singapore; bunker demand has been slow in South Korean ports; availability good across all grades in Sri Lankan ports.

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 and HSFO availability is tight in Singapore
  • Bunker demand has been slow in South Korean ports
  • Availability good across all grades in Sri Lankan ports

Singapore

Singapore has witnessed “below average” bunker demand so far this week, a source says. Product loading delays at oil terminals have put VLSFO availability under pressure in Singapore, compelling some suppliers to push delivery lead times further. Several suppliers are recommending lead times of 9-11 days for the grade, up from 8-10 days last week.

HSFO availability also remains tight in the Southeast Asian bunker hub, with unchanged lead times of 10-13 days. LSMGO remains readily available, with shorter lead times of 2-4 days.

Singapore’s residual fuel oil stocks averaged 6% lower in October than throughout September, according to Enterprise Singapore. The port’s net fuel oil imports dropped 3% in October. In the same time frame, both imports and exports increased. While fuel oil imports rose by 6%, exports surged 29%.

The port’s middle distillate stocks also declined 5% in October compared to September.

China, East Asia and Oceania

A source say that several suppliers have sold out their HSFO stocks in the Chinese bunkering hub and are unable to provide a timeline for when they expect replenishment cargoes to arrive. The lack of HSFO supply has put pressure on prompt availability in Zhoushan, with lead times going up from 3-5 days last week to 5-7 days now

VLSFO and LSMGO remain in good supply in the Chinese bunkering hub, with lead times of 3-5 days advised – virtually unchanged from last week.

The northern Chinese port of Dalian also has good availability of both grades. VLSFO availability remains good in the nearby port of Tianjin, but LSMGO and HSFO remain under pressure. All three grades are tight in the other Chinese port of Qingdao.

Prompt VLSFO and LSMGO supply is tight in the eastern Chinese ports of Shanghai and Xiamen. HSFO remains under pressure in Shanghai and deliveries are mostly subject to enquiry there.

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

All bunker grades remain in good supply in Hong Kong, with most suppliers advising lead times of 5-7 days – almost unchanged from last week.

Strong wind gusts of 20-23 knots and swells of close to a metre are forecast to hit Hong Kong on 6 November, which may impact bunkering operations.

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

Recommended lead times vary widely between 6-12 days for all grades in South Korean ports. Some suppliers were offering all grades at lead times of 8-13 days last week. Bunker demand has been “quiet” in South Korean ports, a source says.

Adverse weather conditions are also predicted in the Philippine port of Subic Bay on 7 November, which might disrupt bunker deliveries

South Asia

VLSFO and LSMGO can be delivered with around 2-3 days of lead time in some Indian ports, including Kandla on the northwest coast and Cochin on the southern coast

Both grades remain relatively tighter in the Indian ports of Mumbai, Chennai, Visakhapatnam, Paradip and Haldia, where deliveries are subject to availability. Meanwhile, supply of both grades remains subject to enquiry in Tuticorin port located on the southeast coast of India.

The Sri Lankan ports of Colombo and Trincomalee have good availability of all three bunker fuel grades, with prompt supply available.

Middle East

Prompt availability of all grades remains tight in Fujairah amid good demand, as it has been in recent weeks. Most suppliers are recommending lead times of 5-7 days for all grades. Some can still offer prompt dates for all grades, a source says.

All grades remain in ample supply in the other UAE port of Khor Fakkan, with unchanged lead times of 5-7 days.

By Tuhin Roy

Photo credit and source: ENGINE
Published: 1 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
  • Aderco advert 400x330 1
  • EMF banner 400x330 slogan
  • RE 05 Lighthouse GIF
  • v4Helmsman Gif Banner 01
  • SBF2
  • Consort advertisement v2

OUR INDUSTRY PARTNERS

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


  • Uni Fuels logo advertisement white background
  • E Marine logo
  • Trillion Energy
  • Kenoil
  • CNC Logo Rev Manifold Times
  • endress
  • Cathay Marine Fuel Oil Trading logo
  • Victory Logo
  • pro liquid
  • metcore
  • Headway Manifold
  • VPS 2021 advertisement
  • Advert Shipping Manifold resized1
  • 400x330 v2 copy

Trending