Bunker Fuel Availability
ENGINE: Europe & Africa Bunker Fuel Availability Outlook (18 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
12 months agoon
By
AdminThe 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:
- 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: 19 October, 2023
Bunker Fuel
Brazil: Raízen launches new bunkering operation in Itaqui
Operation will support both coastal and oceangoing vessels at Off Port Limits, allowing the firm’s customers to avoid full port call fees and unnecessary deviations, says Paula Georgopoulos Tinoco.
Published
2 days agoon
October 4, 2024By
AdminBrazilian energy firm Raízen has launched its new bunkering operation in Itaqui at the Outer Anchorage Area, according to Paula Georgopoulos Tinoco, Bunker Sales Coordinator at Raízen on Wednesday (3 October).
The firm is providing local supplies for the grades VLSFO380 (max. 0.5%S) and LSMGO DMA (max. 0.1%S).
“The new bunkering operation will support both coastal and oceangoing vessels with different sizes and class at the Off Port Limits, allowing our customers to avoid full port call fees and unnecessary deviations at different bunkering ports,” she said in a social media post.
In September last year, Bunker Holding subsidiary Bunker One announced that it partnered with Acelen, the largest bunker producer in the Brazilian state of Bahia, to offer the only outer anchorage bunkering operation in Brazil at the time.
Starting September 2023, vessels such as large cargo ships and tankers can be supplied in the anchorage area of the Port of Itaqui in São Marcos Bay (MA).
Related: Brazil: Bunker One and Acelen partner to launch bunkering operation outside Port of Itaqui
Photo credit: Raízen
Published: 4 October, 2024
Bunker Fuel Availability
ENGINE: Americas Bunker Fuel Availability Outlook (3 Oct 2024)
Dockworkers’ strike at East and Gulf Coast ports; low demand in Houston; Raizen starts bunker operations off Itaqui.
Published
2 days agoon
October 4, 2024By
AdminThe 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:
- Dockworkers' strike at East and Gulf Coast ports
- Low demand in Houston
- Raizen starts bunker operations off Itaqui
North America
Dockworkers across the US East and Gulf Coasts ports launched their first major strike in nearly 50 years on Tuesday, raising concerns about potential supply chain disruptions.
While the strike action directly affects container and cargo operations, sources warned that bunkering services may also face indirect delays if barge movements are hindered.
“We haven’t seen an impact on port [fuel] reserves yet, but we’re anticipating disruption,” Stone Oil’s chief operating officer Anthony Odak told ENGINE. The company supplies bunker fuels at ports along the US Gulf Coast.
Prolonged congestion at the ports could also affect the availability of bunker fuel. Although oil and gas shipments are handled through separate operational facilities, disruptions in containerized cargo movements could tighten fuel oil supply chains.
Bunker demand has been very low in Houston for prompt dates. However, the availability of all fuel grades has remained good so far this week. Most suppliers can offer VLSFO and LSMGO stems with a lead time of 5-7 days in Houston.
Bunkering was proceeding normally in the Galveston Offshore Lightering Area (GOLA) on Thursday amid pleasant weather conditions. The weather is forecast to remain calm through the weekend and most of next week. Despite this, bunker demand in GOLA has been very low this week.
The Port of New Orleans, a key Gulf Coast hub for dry bulk commodities like grains, is also experiencing severe delays in loading and unloading ships. These delays are raising shipping costs and risking supply chain disruptions. Prolonged strikes could worsen congestion and further impact industries relying on these trade routes, shipping technology company Signal Ocean stated.
All grades are tight for prompt delivery dates in the West Coast ports of Long Beach and Los Angeles. Most suppliers require more than seven days of lead time to deliver VLSFO and LSMGO stems in both ports.
Bunker fuel availability has not been affected by the ongoing strike action in the East Coast port of New York. Most suppliers are still able to offer VLSFO and LSMGO stems within five days of lead time.
Caribbean and Latin America
Bunker demand has been good in Panamanian ports amid more daily transits through the Panama Canal. Availability has also remained good for prompt dates in both Balboa and Cristobal.
Denmark's The Bunker Firm has launched new bunker operations in Cartagena, Columbia, supplying VLSFO and LSMGO.
VLSFO and LSMGO grades are readily available at Argentina’s Zona Comun anchorage. Demand has picked up this week for both the fuel grades.
Bunker fuel demand has been good in most Brazilian ports this week. VLSFO availability is good in most of the ports, according to most suppliers.
Brazilian energy company Raízen has also launched new bunker operations at Itaqui Outer Anchorage, supplying VLSFO and LSMGO.
By Debarati Bhattacharjee
Photo credit and source: ENGINE
Published: 4 October, 2024
Bunker Fuel Availability
ENGINE: Europe & Africa Bunker Fuel Availability Outlook (2 Oct 2024)
Prompt LSMGO remains tight in the ARA hub; HSFO availability good in Gibraltar; prompt bunker supply tight in Port Louis.
Published
3 days agoon
October 3, 2024By
AdminThe 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:
- Prompt LSMGO remains tight in the ARA hub
- HSFO availability good in Gibraltar
- Prompt bunker supply tight in Port Louis
Northwest Europe
Prompt availability of LSMGO remains very tight in Rotterdam and in the wider ARA hub, a trader told ENGINE. Some suppliers in Rotterdam are experiencing barge loading delays. This has stretched lead times for the grade from 3–5 days last week, to 7–10 days now.
Most suppliers are unable to offer LSMGO for prompt deliveries in Rotterdam, as their barges have been held up for days waiting to load product at oil terminals, the trader said.
Prompt supply of VLSFO and HSFO is good in the ARA hub, with lead times of 3–4 days recommended for both grades.
The ARA’s independently held fuel oil stocks have averaged 6% lower so far this month than across August, according to Insights Global data.
The region has imported 269,000 b/d of fuel oil in September so far, up from 223,000 b/d imported in August, according to data from cargo tracker Vortexa. The ARA has imported low-sulphur fuel oil (LSFO) and HSFO in a 55/45 ratio so far this month.
The US has emerged as the region’s biggest fuel oil import source so far this month, accounting for 15% of the total imports. The UK has come in second place, accounting for 13% of the ARA’s total imports, followed by the Bahamas (11%), Brazil (10%) and Poland (8%).
The ARA hub’s independent gasoil inventories — which include diesel and heating oil — have increased by 13% so far this month. The region has imported 293,000 b/d of gasoil in September so far, down from 355,000 b/d of gasoil imported in August, according to Vortexa data.
Bunker fuel availability is normal in Germany’s Hamburg port, a trader said. Lead times have remained steady in the past few months, with suppliers offering all three grades within 3–5 days.
Mediterranean
Prompt supply of all bunker fuel grades is good in Gibraltar. Lead times of 3–5 days are advised for optimal coverage from suppliers. Gibraltar is forecast to experience rough weather conditions in periods between today and Friday, which could impact bunkering. Wind gusts of up to 21 knots are forecast to hit the port.
Securing prompt HSFO deliveries can be difficult in the Canary Islands’ port of Las Palmas, a trader said. Lead times remain unchanged since last week, with 5–7 days advised for the grade's delivery in the port.
Availability of VLSFO and LSMGO is good in Las Palmas and suppliers are able to offer prompt deliveries, with lead times of 3–5 days for both grades.
Bunker demand is moderate in other Mediterranean ports like Piraeus, Malta Offshore and Istanbul, a trader told ENGINE.
Availability of VLSFO and LSMGO is good in the Greek port of Piraeus, the trader said. Suppliers are able to offer prompt delivery dates for the two grades in the port. Prompt HSFO supply is subject to enquiry, the trader added. Calm weather is forecast in Piraeus for the rest of the week, making it conducive to bunker there, a source said.
Prompt availability of all grades is good off Malta, a trader said. Lead times of 3–4 days are generally recommended. Adverse weather is forecast intermittently off Malta from Wednesday till Friday, which could complicate deliveries, according to a source.
In Turkey’s Istanbul port, all bunker fuel grades are readily available. Lead times of 3–4 days are advised for optimal coverage from suppliers, a trader said.
Africa
Prompt supply of VLSFO and LSMGO remains tight in South Africa’s Durban port. Recommended lead times for LSMGO stretch up to two weeks, while lead times of 7–10 days are advised for VLSFO deliveries, according to a trader.
Durban is forecast to experience adverse weather conditions between Friday and Sunday, which could impact bunkering. Strong wind gusts in the range of 19-31 knots are forecast to hit Durban during this period.
VLSFO supply is tight in Richards Bay, where lead times of 7–10 days are advised for the grade, a trader said.
Securing prompt bunker deliveries can be challenging in Mauritius’ Port Louis. Lead times of over ten days are recommended for all three grades there, a trader said. Port Louis could face bunkering disruptions between Saturday and Monday, when rough weather is forecast in the port, a source said.
In Angola’s Luanda port, a state-run bunker supplier halted VLSFO supply in August. It is yet to provide an update on when the supply will resume in the port. LSMGO availability is currently good in Luanda, with supply available by barge, a source said.
By Manjula Nair
Photo credit and source: ENGINE
Published: 3 October, 2024
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