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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

Bunkering remains suspended in Gibraltar; ARA fuel oil stocks fall 10% amid dwindling Russian inflows; Algoa Bay bunkering resumes after five-day suspension.

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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:

7 September 2022

  • Bunkering remains suspended in Gibraltar
  • ARA fuel oil stocks fall 10% amid dwindling Russian inflows
  • Algoa Bay bunkering resumes after five-day suspension

 

Northwest Europe

Several suppliers can offer prompt LSMGO deliveries in the ARA hub, sources say. VLSFO and HSFO supplies are in tight availability for prompt dates and require lead times of 5-7 days. The recommended lead time for LSMGO delivery in Rotterdam and other ports in the region is three days.

Independently held fuel oil inventories in the ARA fell by nearly 10% last week after consistently growing for four straight weeks, according to Insights Global data.

The region’s fuel oil stocks decreased by 790,000 bbls to 7.19 million bbls in the week ending 1 September. The region’s fuel oil stocks maintained steady growth through most of August amid lower exports. But signs of dwindling Russian inflows seem to have contributed to draw stocks in the latest week.

According to cargo tracker Vortexa, Russian fuel oil imports accounted for about a quarter of ARA's fuel oil imports in July, but nothing flowed in from Russia in August or so far in September.

Meanwhile, the region’s gasoil stocks have increased by a slight 50,000 bbls to 12.77 million bbls last week, Insights Global data shows. These inventories have grown steadily since they hit a multi-year low in June this year.

Some suppliers can offer limited quantities of LSMGO and HSFO off Skaw. Recommended lead times for the two grades are around seven days, a source says.

VLSFO and LSMGO availability is normal in Italy’s Ravenna and Marghera, a source says.

 

Mediterranean

Bunker operations have been suspended in Gibraltar since Thursday as local authorities continue to oversee work to pump out fuel from the damaged dry bulk carrier OS 35.

Gibraltar Port Authority (GPA) has confirmed that most of the fuel has been extracted from the vessel and the situation is stable now. The port authority might decide to resume normal port operations on Wednesday after reviewing the overall situation, GPA says.

On Tuesday last week, dry bulk carrier OS 35 collided with LNG carrier Adam LNG while it was trying to manoeuvre out of the Bay of Gibraltar. The OS 35 started leaking fuel oil on Thursday last week, and since then work has been underway to clean up the oil spill.

All inbound vessel traffic to Gibraltar's western anchorage and outside the port limit (OPL) has been halted since last week. Meanwhile, suppliers in Gibraltar have fuel volumes to supply, but deliveries have been held back due to the port closure.

While bunkering remains suspended in Gibraltar, bunker calls have been diverted to nearby ports such as Algeciras, Ceuta and Las Palmas, sources say.

There has been good bunker demand in Algeciras, Las Palmas and Malta this week, sources say.

Heavy congestion has been reported at Algeciras' inner and outer anchorages, port agent MH Bland says. Bunker calls have also increased in Ceuta, where 12 vessels were scheduled to arrive for bunkers Wednesday, up from seven on Tuesday, according to shipping agent Jose Salama & Cia.

Suppliers in and off Malta are said to be busy for the next two-three days to meet higher bunker demand in the region, a source says. All bunkering areas are open for supply in and off Malta, according to Seatrans Shipping agency. 15 vessels were scheduled to arrive for bunkers on Wednesday, up from 12 on Tuesday.

 

Africa

Bunkering resumed in Algoa Bay on Wednesday amid calmer weather conditions, according to Rennies Ships Agency. Strong winds and heavy swells have kept Algoa Bay bunkering suspended since Friday, while it resumed in Port Elizabeth on Tuesday. Waves have come down to a level of 2 metres on Wednesday from above 6 metres on Monday.

10 vessels are scheduled to arrive to bunker in Algoa Bay and Port Elizabeth this week, Rennies says.

Bunker supply is said to be normal in Algoa Bay, where suppliers are working to clear bunker backlogs, a source says.

VLSFO and LSMGO availability is normal in Durban, and some suppliers can offer delivery for prompt dates, a source says. Recommended lead times for the two grades in Durban are around seven days.

By Shilpa Sharma

 

Photo credit and source: ENGINE
Published: 8 September 2022

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Shipping Corridor

Singapore, LA and Long Beach unveil Partnership Strategy for Pacific Ocean green and digital shipping corridor

Ports and C40 have commissioned a study to analyse trade flows and vessel traffic between the three locations as well as estimate quantity of near-zero/zero-emission bunker fuels required for this traffic.

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Singapore, LA and Long Beach unveils Partnership Strategy for Pacific Ocean green and digital shipping corridor

The Maritime and Port Authority of Singapore (MPA), Port of Los Angeles (POLA) and Port of Long Beach (POLB) on Wednesday (6 December) unveiled a Partnership Strategy for a green and digital shipping corridor (GDSC) across the Pacific Ocean at the 28th United Nations Climate Change Conference.

The release of the Partnership Strategy follows the signing of a memorandum of understanding (MoU) by MPA, POLA and POLB during Singapore Maritime Week in April 2023. The MoU formalised the partnership, which is supported by C40 Cities, with the aim of establishing a GDSC connecting the three global hub ports.

The scope of cooperation through the Partnership Strategy and success indicators specified within build upon the MoU signed in April 2023 and reaffirm the corridor partners’ commitment to drive global action to digitalise and decarbonise the shipping industry and improve efficiencies.

The GDSC Strategy outlines steps to accelerate decarbonisation of the maritime shipping industry by enabling first mover organisations to achieve net-zero greenhouse gas emissions by the earliest feasible date, in support of the goals defined by the 2023 International Maritime Organization’s Strategy on Reduction of GHG Emissions from Ships. The ports and C40 will work together and with value-chain stakeholders from the fuel and maritime sectors to:

● Coordinate decarbonisation efforts: GDSC partners will help to catalyse and coordinate efforts to enable ships calling at the Port of Singapore, Port of Los Angeles and Port of Long Beach to achieve net-zero greenhouse gas emissions by the earliest feasible date. 

● Build consensus on green shipping best practices: GDSC partners will seek to establish consensus around green shipping best practices and standards.

● Improve access to and adoption of technology and digital solutions: To enhance supply chain efficiency, resilience and decarbonisation while reducing costs and improving reliability, GDSC partners will work to develop and deploy innovative technology and digital solutions.

● Leverage networks: GDSC partners will work with stakeholders involved in other green shipping initiatives, including those established by the three ports and other parties, to scale the uptake of zero and near-zero emission technologies, fuels and energy sources.

To achieve these aims, a partnership structure and governance mechanism have been developed to provide clarity on the roles and responsibilities of GDSC partners. The strategy also outlines processes for onboarding new participants, financial management, confidentiality and decision-making.

As next steps, the ports and C40 have commissioned a study to analyse trade flows and vessel traffic between Singapore, Los Angeles and Long Beach. The study will estimate the quantity of near-zero and zero-emission fuels required for this traffic, and guide implementation by identifying opportunities for collaboration to advance the development of the GDSC.

The founding partners will now engage stakeholders from across the shipping and fuel supply value chains that share the GDSC's vision and aims, with the intention of onboarding new corridor participants in 2024. 

Mr Teo Eng Dih, Chief Executive of MPA, said: “We are excited to see this partnership grow from strength to strength with the Green and Digital Shipping Corridor Partnership Strategy. We have embarked on evaluating the various digital solutions and zero and near-zero fuels options that could be trialled along the route between Singapore and the San Pedro Bay Port Complex. We look forward to the support of all the corridor stakeholders over the coming months to conduct trials and potentially scale them for wider adoption.”

"This Partnership Strategy document is the foundation upon which we'll build the future of maritime shipping,” Port of Los Angeles Executive Director Gene Seroka said. “Our success requires the resolve and dedication of the three partnering ports as well as our industry partners. Together, we will model the collaboration necessary to achieve our climate and efficiency goals." 

“Over the last two decades, we've learned that collaboration between maritime industry partners is the key to making meaningful progress in reducing emissions and cleaning the air,”Port of Long Beach CEO Mario Cordero said. “This trans-Pacific green shipping corridor takes this concept global. The strategies we develop here can be used as a roadmap by a larger network of seaports and supply chain companies to invest in programs, technologies, software and infrastructure to decarbonize international trade everywhere.”

C40 Executive Director Mark Watts, said: "C40 is proud to support our port partners in delivering this Partnership Strategy. The advancement of this Green and Digital Shipping Corridor brings the shipping sector one step closer to a 1.5°C-aligned trajectory. Green shipping is only achievable through collaboration because no one stakeholder can afford to move unless they know others are likely to follow. That’s where C40 is delighted to help, bringing our network of world-leading cities, which include most of the world’s largest and most forward-looking ports."

Note: The Partnership Strategy document can be viewed here

Photo credit: Maritime and Port Authority of Singapore
Published: 7 December, 2023

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Business

Liberia-flagged bulker “Eleen Armonia” placed under Sheriff’s arrest

Ship was added to list of vessels under Sheriff’s arrest in Singapore’s court system and it is currently held at Eastern Bunkering Anchorage; arrest was made on behalf of Allen & Gledhill LLP.

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RESIZED SG bunker tanker

Liberia-flagged bulk carrier Eleen Armonia was arrested in Singapore waters on Monday (4 December). 

The 55,522 DWT vessel was added to the list of vessels under Sheriff’s arrest in Singapore’s court system. 

According to the list, the vessel was arrested at 12.25pm and the arresting solicitor listed was law firm Allen & Gledhill LLP. The ship is currently held at the Eastern Bunkering Anchorage. 

No details regarding the reason behind the arrest were provided in the list. 

Photo credit: Manifold Times
Published: 7 December, 2023

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Biofuel

PIL and DP World embark on biofuel bunkering trials at Jebel Ali Port

Both parties will collaborate on trial shipments between Jebel Ali Port in Dubai and destinations within PIL’s network in near term which will include shipments on PIL’s vessels powered by a biofuel blend.

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PIL and DP World embark on biofuel bunkering trials at Jebel Ali Port

Singapore-based container operator Pacific International Lines (PIL) on Wednesday (6 December) said it signed a Memorandum of Understanding (MOU) with DP World, which handles around 10% of the world’s container trade, to jointly develop green solutions to decarbonise global supply chains.

In the near term, both parties will collaborate on trial shipments between Jebel Ali Port in Dubai and destinations within PIL’s network, with initiatives to reduce the shipments’ GHG footprint. This will include shipments on PIL’s vessels powered by a biofuel blend, biofuel bunkering, and deploying container handling equipment at terminals that run on renewable energy to handle the shipments.

Over the longer term, the companies will explore expanding this partnership to include other ports within DP World’s global network, and using other alternative bunker fuels, such as e-LNG, green methanol or green ammonia in PIL’s vessel operations and bunkering.

It was signed by Mr Lars Kastrup, Chief Executive Officer, PIL and Mr Tiemen Meester, Group Chief Operating Officer, Ports & Terminals, DP World, at the UN Climate Change Conference (COP28) in Dubai, United Arab Emirates (UAE), conveying their commitment to combating climate change and the collective goal of achieving net zero greenhouse gas (GHG) emissions by 2050 or earlier.

Mr Lars Kastrup, Chief Executive Officer, PIL said: “Supply chain resilience and sustainability is the bedrock of global trade growth. With the renewed commitment by the International Maritime Organisation (IMO) this year to take a significant step forward to decarbonise the shipping industry, we at PIL are responding actively to IMO’s call and working to invest in and implement green solutions to achieve our target of achieving net zero by 2050. In this regard, we are pleased to have DP World joining us on our sustainability journey. Capitalising on the combined strengths of our two organisations, we can both augment our sustainability efforts as we co-develop solutions to decarbonise our supply chains.”

Mr Tiemen Meester, Group Chief Operating Officer, Ports & Terminals, DP World, said: “Decarbonisation is the single biggest concern for DP World outside the constraints and the physical movement of goods. So, we are transforming our business and the impact global trade has on the climate. We have already committed to becoming carbon-neutral by 2040 and achieving net-zero carbon emissions by 2050. But we must explore partnerships with companies that share our ambitions and technology to be deployed right now for quicker results.”

Photo credit: DP World
Published: 7 December, 2023

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