Connect with us

Business

ENGINE: Europe & Africa Bunker Fuel Availability Outlook

Low sulphur supply normal in the ARA and Gibraltar Strait; ARA fuel oil stocks building in November; suppliers work through backlogs in Algoa Bay.

Admin

Published

on

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:

16 November 2022

  • Low sulphur supply normal in the ARA and Gibraltar Strait
  • ARA fuel oil stocks building in November
  • Suppliers work through backlogs in Algoa Bay

 

Northwest Europe

Availability of VLSFO and LSMGO is said to be normal in Rotterdam and other ports in the ARA hub, sources say. Several suppliers can offer very prompt deliveries of LSMGO in the region. Recommended lead times for LSMGO and VLSFO in Rotterdam are 3-4 days, while HSFO may require 5-6 days, sources say.

The ARA's independent fuel oil stocks have averaged 7% higher so far this month than in October, according to Insights Global data. But even as fuel oil inventories have been building, they are still below their five-year average position for the year.

The region’s average monthly gasoil stocks have decreased some and remain far below their five-year average position.

Workers at the BP refinery in Rotterdam have gone on strike this week after hitting an impasse over pay hikes. However, bunker supply has not been impacted so far, according to market sources. According to Argus Media, most workers at BP’s 393,800 b/d Rotterdam refinery have voted to minimise productivity this week in a work-to-rule action.

Supply of VLSFO and LSMGO is normal off Skaw, requiring lead times of around seven days, a source says. HSFO availability is tight and securing prompt delivery of the product can be difficult there, the source adds.

Prompt supply of LSGMO is good in Bremerhaven, and some suppliers can offer limited quantities of VLSFO.

Bunker fuel supply across all grades has improved in French ports after strike action at five refineries ended there. Workers at TotalEnergies' 109,300 b/d Feyzin refinery voted to end a strike last week. Strike action at other four refineries ended earlier this month.

 

Mediterranean

Bunker supply is said to be normal in Gibraltar Strait ports. Some suppliers can offer prompt deliveries of VLSFO and LSMGO there, while HSFO deliveries remain subject to enquiries. Meanwhile, demand for LSMGO is said to be good in the region as some suppliers are fully committed for prompt dates, a source says.

Some congestion was reported in Gibraltar and Algeciras on Wednesday. Five vessels were waiting to bunker in Gibraltar on Wednesday, with one supplier running 12 hours behind schedule, according to port agent MH Bland.

Bunker demand seems to be good in Ceuta this week. 12 vessels were scheduled to arrive for bunkers on Wednesday, up from five a week earlier, according to shipping agent Jose Salama & Cia. Bunker supply is said to be normal there.

VLSFO and LSMGO supplies are normal in Malta. Some suppliers can offer deliveries for prompt dates, a source says. All bunkering areas are open for supply in and off Malta. 12 vessels were scheduled to arrive for bunkers across ports and offshore anchorages on Wednesday, Seatrans Shipping Agency says.

Bunker operations are running normally in Las Palmas. Strong winds and heavy swells are forecast to hit Las Palmas over the weekend, which could disrupt deliveries at the port’s outer anchorage. Even in the event of a weather disruption, bunker deliveries via ex-pipe at berth or by barge at the port's inner anchorage will remain available, port agent MH Bland says. Las Palmas' inner anchorage has a limited bunker capacity of only one vessel at a time.

In the Greek port of Piraeus, availability of VLSFO and LSMGO is normal, a source says.

 

Africa

Suppliers are working to clear a backlog of vessels in Algoa Bay as bunkering resumed on Wednesday amid calmer weather conditions, according to Rennies Ships Agency. Bunker operations were suspended in the region on Tuesday due to strong winds and heavy swells. Nine vessels are scheduled to arrive for bunkers in Algoa Bay and Port Elizabeth this week, Rennies says.

Prompt supply of VLSFO and LSMGO is said to be normal in South Africa’s Durban and Algoa Bay. Some suppliers can offer prompt deliveries of VLSFO and LSMGO in these locations.

Bunker supply of VLSFO and LSMGO is good in Mozambique’s Maputo and Nacala ports, and bunkering is progressing normally in both the locations, a source says. Four vessels are due to arrive for bunkers in Nacala this week, and two in Maputo, the source adds.

Nacala’s VLSFO price is near parity with Algoa Bay's, and at wide discounts of $50-70/mt to major South African ports including Richards Bay, Durban and Cape Town.

By Shilpa Sharma

 

Photo credit and source: ENGINE
Published: 17 November, 2022

Continue Reading

Winding up

Singapore: Liquidators arrange creditors meeting for Otto Marine Limited

Meeting will be held from 3pm on 24 July at 8 Wilkie Road #03-08 Wilkie Edge Singapore 228095, according to Government Gazette notice.

Admin

Published

on

By

steve pb from Pixabay

A meeting for creditors of Otto Marine Limited, which is in liquidation, has been scheduled to take place on 24 July, according to a Government Gazette notice on Thursday (11 July). 

The meeting will be held from 3pm at 8 Wilkie Road #03-08 Wilkie Edge Singapore 228095

The agenda of the meeting will be as follows:

  • To update on the liquidation administration;
  • To approve the Liquidators’ fees and disbursements;
  • To approve the declaration of preferential dividend(s) pursuant to Section
  • 328(1)(b) to 328(1)(f) of the Companies Act, Cap. 50;
  • To consider and if thought fit, to appoint a committee of inspection; and
  • Any other business.

The details of the liquidators are as follows: 

Chee Yoh Chuang
Lin Yueh Hung
Liquidators
c/o 8 Wilkie Road
#03-08 Wilkie Edge
Singapore 228095

 

Photo credit: steve pb from Pixabay
Published: 12 July, 2024

Continue Reading

LNG Bunkering

Titan completes first STS LNG bunkering operation in Cuxhaven

Port of Cuxhaven in Germany had previously only seen LNG operations conducted via truck and currently only permits LNG bunkering at one berth, says Titan.

Admin

Published

on

By

Titan completes first STS LNG bunkering operation in Cuxhaven

LNG bunker fuel supplier Titan on Thursday (11 July) said it completed the first-ever LNG bunkering operation by ship in the port of Cuxhaven.

Titan’s bunker vessel Optimus successfully delivered LNG to dredger Vox Ariane operated by its long-term client Van Oord. 

“Our ship-to-ship bunkering in Cuxhaven represents a pioneering step in the region's LNG infrastructure development, as the port had previously only seen LNG operations conducted via truck and currently only permits LNG bunkering at one berth,” it said in a social media post. 

“LNG infrastructure development is part of a broader trend, with more ports across Germany adopting LNG operations to support shipping’s clean fuels transition.”

Titan added the improved LNG bunkering capabilities in Cuxhaven, a Niedersachsen Ports GmbH & Co. KG port, also opened up the pathway to maritime decarbonisation via liquified biomethane (LBM) and then renewable e-methane going forward.

 

Photo credit: Titan
Published: 12 July, 2024

Continue Reading

LNG Bunkering

UECC “Auto Achieve” receives first LNG bunker fuel delivery by barge in home country

Firm said it received the first ever supply of LNG by barge to their multi-fuel LNG battery hybrid car carrier in the Port of Drammen, Norway.

Admin

Published

on

By

UECC “Auto Achieve” receives first LNG bunker fuel delivery by barge in home country

Norwegian roll-on/roll-off shipping line United European Car Carriers (UECC) on Wednesday (10 July) said it received the first ever supply of LNG by barge to their multi-fuel LNG battery hybrid car carrier Auto Achieve in the Port of Drammen on 4 July.

The firm said this was the first time UECC received LNG by barge to any of their vessels in their home country Norway. 

“We also believe that it was the first time LNG was delivered by barge to any vessel in Drammen, and most likely the entire Oslofjord,” UECC said in a social media post.

The LNG was supplied by the Molgas Energy Holding vessel Pioneer Knutsen, owned by Knutsen Group OAS.

“UECC is very pleased to see the expansion of the LNG barge network in Norway,” it said. 

 

Photo credit: UECC
Published: 12 July, 2024

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

OUR INDUSTRY PARTNERS

  • SEAOIL 3+5 GIF
  • Singfar advertisement final
  • 102Meth Logo GIF copy
  • HL 2022 adv v1
  • Triton Bunkering advertisement v2


  • E Marine logo
  • Synergy Asia Bunkering logo MT
  • 300 300
  • PSP Marine logo
  • Auramarine 01
  • endress
  • Energe Logo
  • Victory Logo
  • MFA logo v2
  • metcore
  • Headway Manifold
  • 400x330 v2 copy
  • VPS 2021 advertisement
  • Advert Shipping Manifold resized1

Trending