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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

Prompt HSFO remains tight in Gibraltar; ARA fuel oil, gasoil stocks increase; VLSFO, LSMGO supply normal in Durban.

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ENGINE Europe

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:

10 August 2022

  • Prompt HSFO remains tight in Gibraltar
  • ARA fuel oil, gasoil stocks increase
  • VLSFO, LSMGO supply normal in Durban

 

Northwest Europe

Supply of LSMGO is said to be normal in ARA ports this week, where several suppliers can offer prompt deliveries of the grade, sources say.

Prompt supply of VLSFO and HSFO can be hard to find in Rotterdam and other ARA ports this week, they say. The recommended lead time for LSMGO in Rotterdam is three days, while VLSFO and HSFO deliveries may require up to seven days, they say. Amsterdam and Antwerp have similar lead times for these grades.

Independently held fuel oil stocks in the ARA increased by 430,000 bbls to 7.52 million bbls last week, Insights Global data shows. The stocks have to their highest level in five weeks amid signs of higher non-Russian inflows.

Russia dropped down from the top of the list of the ARA’s biggest fuel oil sources in the first week of August, while inflows from other regions went up, according to data from cargo tracker Vortexa.

With most European Union countries preparing to phase out imports of Russian oil products within eight months after an embargo was approved in June, refineries and oil traders in northwest Europe eventually have to switch to non-Russian oil.

To replace Russian fuel oil imports, several buyers have looked to the UK, Colombia, Germany, Finland, Poland and Sweden for imports this month, according to Vortexa.

Gasoil inventories in the ARA added weight last week, increasing 130,000 bbls to 11.19 million bbls, according to Insights Global data.

HSFO can be tight for prompt delivery off Skaw, while suppliers are offering LSMGO for prompt deliveries, a source says.

Bunker supply is said to be normal in Hamburg, where some suppliers can offer prompt deliveries, a source says. Recommended lead times for VLSFO, HSFO and LSMGO are around five days, the source adds.

LSMGO availability is normal in Bremerhaven, while VLSFO and HSFO deliveries remain subject to enquiries.

 

Mediterranean

Bunkering at Las Palmas’ weather-exposed outer anchorage has resumed on Wednesday amid calmer weather conditions, according to port agent MH Bland. The port’s outer anchorage has been closed for bunker operations since 3 August amid strong winds and heavy swells. Swells have reduced to a moderate level of 1.1 metres on Wednesday from 1.4 metres on Tuesday, and 1.9 metres last week, MH Bland says.

Prompt bunker deliveries have been difficult to find in Las Palmas this week, and recommended lead times for all grades have gone up to seven days, a source says.

Bunker backlogs have been reduced in Gibraltar, with three vessels waiting to bunker at anchorage on Wednesday morning, down from nine last week, according to port agent MH Bland. One supplier experienced up to 36 hours of delays on Wednesday.

Supply of VLSFO and LSMGO is said to normal in Gibraltar, where some suppliers can offer delivery on prompt dates, sources say. HSFO availability is slightly tight in the region, they say.

Recommended lead times for VLSFO and LSMGO deliveries in Gibraltar are around 4-5 days, while HSFO may require longer lead times of around seven days, a source says.

Ceuta’s bunker backlog from earlier this week has been cleared. A supplier had faced temporary technical issues. The issue has been resolved, and the supplier is fully operational in Ceuta, shipping agent Jose Salama & Cia says. Two vessels were due to arrive for bunkers in Ceuta on Wednesday. Bunker availability is said to be normal in the port, and suppliers can offer prompt deliveries, a source says.

Availability of VLSFO and LSMGO is said to be normal in Algeciras, but prospects for HSFO delivery are subject to enquiries, a source says. Algeciras remained fully operational on Wednesday with slight congestion reported at its inner and outer anchorages, MH Bland says.

All ports in Malta and offshore bunkering areas are open for supply, with no backlogs reported, according to Seatrans Shipping agency. Seven vessels were scheduled to arrive for bunkers on Wednesday. There is good demand for VLSFO and LSMGO in ports and off Malta and suppliers have mostly filled up their delivery schedules for the week.

Supply of VLSFO and LSMGO is tight in Piraeus this week, where prompt deliveries can be difficult to find. Some suppliers are expecting replenishment next week, which could ease the supply pressure, a source says.

 

Africa

Bunkering resumed in Algoa Bay on Tuesday after being suspended on Monday amid harsh weather conditions, according to Rennies Ships Agency.

However, there are concerns about possible disruptions between Thursday and Monday due to forecast of strong winds and heavy swells in the region. Eight vessels are scheduled to arrive for bunkers in Algoa Bay and Port Elizabeth this week, Rennies says.

Availability of VLSFO and LSMGO is said to be normal in Algoa Bay and Durban, where suppliers can offer deliveries on prompt dates, a source says. Recommended lead times for the two grades are 5-7 days, the source adds.

 

Photo credit: ENGINE
Published: 11 August, 2022

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Legal

Singapore withdraws remaining 127 charges against Hin Leong founder OK Lim

Lim Oon Kuin, also known as OK Lim, was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges on 17 July.

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RESIZED Sora Shimazaki on Pexels

Founder of collapsed oil trader Hin Leong Trading, Lim Oon Kuin, also known as OK Lim, has had the remaining 127 charges against him withdrawn, according to The Straits Times on Monday (20 July). 

OK Lim was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges, including those for cheating, on 17 July. The discharge means Lim cannot be prosecuted again for the same offences.

Lim, 84, is currently serving a 13½-year prison sentence after the High Court reduced his original 17½-year jail term in March 2026. He was convicted in 2024 on two cheating charges and one count of abetting forgery in a case prosecutors described as one of Singapore’s most serious trade finance frauds.

Lim was convicted in May 2024 of two charges of cheating the Hongkong and Shanghai Banking Corporation (HSBC) and one count of abetting forgery that proceeded to trial out of a total of 130 criminal charges.

He was first charged in court on 14 August 2020, and was subsequently handed further charges in court on 25 September 2020, 30 April 2021 and 24 June 2021 for his role in perpetuating fraud on various financial institutions. 

A total of 130 charges were eventually brought against him for cheating and forgery-related offences.

Related: Singapore: Hin Leong Founder OK Lim gets jail term slashed to 13.5 years

 

Photo credit: Sora Shimazaki
Published: 21 July, 2026

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Winding up

Singapore: Coastal Logistics Pte Ltd to be wound up voluntarily

Coastal Logistics was reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

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RESIZED Drew Beamer

Several resolutions for Coastal Logistics Pte Ltd were made during an extraordinary general meeting held on 14 July, according to a notice in the Government Gazette on Friday (4 July).

The following resolutions were duly passed during the meeting:

As Special Resolution

  • That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018);

As Ordinary Resolutions

  • that Mr. Wong Pheng Cheong Martin and Ms. Koay May Yee, both care of FTI Consulting (Singapore) Pte Ltd, One Raffles Quay, #27-10 South Tower, Singapore 048583 be appointed as the joint and several Liquidators of the Company for the purpose of such winding up; and
  • that the Liquidators be at liberty to open, maintain and operate any bank account(s) or account(s) for monies received by them as Liquidators with such bank(s) as they deem fit; and
  • that a Committee of Inspection will not be formed.

Manifold Times previously reported Nicholas James Gronow, director of Heng Tong Fuels & Shipping and Coastal Logistics, filed statutory declarations for both companies stating the firms cannot continue their businesses due to liabilities.

Both companies were reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd. 

In 2019, several vessels owned by both firms entered the sale & purchase (S&P) market in Singapore.

Related: Singapore: Director declares Heng Tong Fuels & Shipping’s inability to continue business
Related: Heng Tong Fuels & Shipping in court over DBS Bank bunker tanker loan
Related: Singapore: Bunker tanker “Coastal Neptune” arrested
Related: Heng Tong Fuels & Shipping, Coastal Logistics tankers enter S&P market

 

Photo credit: Drew Beamer
Published: 21 July, 2026

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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