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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

ARA fuel oil stocks grew in November; supply steady in Gibraltar Strait; Algoa Bay suppliers working through backlogs.

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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 December 2022

  • ARA fuel oil stocks grew in November
  • Supply steady in Gibraltar Strait
  • Algoa Bay suppliers working through backlogs

 

Northwest Europe

VLSFO availability is said to be normal in the ARA hub, while securing prompt deliveries of HSFO and LSMGO can be slightly difficult amid good demand, a source says. Recommended lead times for LSMGO and VLSFO in Rotterdam are around four days, while HSFO requires around 5-6 days, sources say.

The ARA's independent fuel oil stocks averaged 2% higher last month than in October, according to Insights Global data. Even as fuel oil inventories increased in November, they were still below their five-year average position for the year.

According to cargo tracker Vortexa, the ARA primarily imported fuel oil imports from the UK, Saudi Arabia, Poland, Iraq and Lithuania in November. Most of these volumes comprised low sulphur fuel oil (LSFO). Vortexa has not picked up any Russian cargo imports to the region since August.

The ARA’s average gasoil stocks were steady in November at 12.91 million bbls, but this was far below their five-year average position for the time of the year.

Supply of VLSFO and LSMGO is said to be normal off Skaw, requiring lead times of around seven days, a source says. Prompt availability of HSFO is slightly tight there, the source adds.

 

Mediterranean

Bunker fuels supply across all grades is said to be normal in Gibraltar Strait ports. Lead times of 3-4 days are advised for VLSFO and LSMGO deliveries in the region, and HSFO requires around five days, a source says.

Two suppliers in Gibraltar and one in Algeciras experienced delays on Wednesday, according to port agent MH Bland.

Availability of VLSFO and LSMGO is normal in Algeciras and Las Palmas. But prompt supply of the two grades is slightly tight off Malta, a source says. Lead times of 5-6 days are advised for bunkering off Malta due to limited barge availability, a source says.

Malta is seeing strong bunker demand. 15 vessels were scheduled to arrive for bunkers in and off Malta on Wednesday, according to Seatrans Shipping agency.

Meanwhile, suppliers have been struggling to deliver stems at Las Palmas’ outer anchorages in the recent days due to bad weather conditions. But some suppliers have resumed bunker deliveries at the port’s weather-exposed outer anchorage this week amid calmer weather conditions, a source says. Strong waves are forecast to hit Las Palmas on Friday, which could disrupt deliveries at its outer anchorage once again.

Bunker demand continues to be good in Ceuta. An average of nine vessels have arrived to bunker in Ceuta each day this week, compared to 11 vessels on average each day last week. Bunker supply is said to be normal there.

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

 

Africa

Bunker supply is also steady in South Africa’s Durban and Algoa Bay. Lead times of around seven days are advised for VLSFO and LSMGO deliveries in Durban, a source says.

Suppliers are working to clear bunker backlogs in Algoa Bay. Deliveries in the bay resumed on Tuesday after being suspended for four days due to bad weather conditions, according to Rennies Ships Agency. Four vessels were waiting to receive bunkers at anchorages in the region on Wednesday, Rennies says.

Bunker fuel demand has been growing in Mozambique’s Nacala recently, according to market sources. The number of bunker calls in the port have picked up gradually, from four vessels in each of the first two weeks of November, through to 5-6 vessels in the two last weeks of November, to 12 vessels expected this week.

Prompt supply of VLSFO and LSMGO is said to be steady in both Nacala and Maputo.

By Shilpa Sharma

 

Photo credit and source: ENGINE
Published: 8 December, 2022

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Newbuilding

Singapore: EPS orders ammonia, LNG dual-fuel vessels from China

EPS signed one contract for a series of ammonia dual-fuel bulk carriers with CSSC Beihai Shipbuilding and another for a series of LNG dual-fuel oil tankers with CSSC Guangzhou Shipbuilding International.

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Singapore-based Eastern Pacific Shipping (EPS) on Wednesday (28 February) said it signed two new contract orders in a signing ceremony in Shanghai, one for a series of ammonia dual-fuel bulk carriers with CSSC Beihai Shipbuilding and another for a series of LNG dual-fuel oil tankers with CSSC Guangzhou Shipbuilding International. 

The contracts signed cover four 210,000 dwt ammonia dual-fuel bulk carriers and two 111,000 dwt LNG dual-fuel LR2 oil tankers, expanding our fleet of green vessels on water. 

“These are pivotal for EPS, testament to our continued commitment towards the decarbonisation of shipping,” EPS said in a social media post.

Manifold Times recently reported EPS signing a contract for its first ever wind-assisted propulsion system, partnering with bound4blue to install three 22-metre eSAILs® onboard the Pacific Sentinel

The turnkey ‘suction sail’ technology, which drags air across an aerodynamic surface to generate exceptional propulsive efficiency, will be fitted later this year, helping the 183-metre, 50,000 DWT oil and chemical tanker reduce overall energy consumption by approximately 10%, depending on vessel routing.

Related: Singapore: EPS orders its first wind-assisted propulsion system for tanker

 

Photo credit: Eastern Pacific Shipping
Published: 1 March 2024

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LNG Bunkering

Malaysia: Port of Tanjung Pelepas completes first LNG bunkering operation

Landmark event involved the CMA CGM Monaco, a 14,024 TEUs containership operated by French shipping giant CMA CGM.

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Port of Tanjung Pelepas Sdn Bhd (PTP), a joint venture between MMC Group and APM Terminals, on Wednesday (28 February) announced a significant milestone with the successful completion of its first Liquefied Natural Gas (LNG) bunkering operation. 

The landmark event involved the CMA CGM Monaco, a 14,024 TEUs (Twenty-foot Equivalent Units) capacity containership operated by French shipping giant, CMA CGM.

Tan Sri Che Khalib Mohamad Noh, Chairman of PTP in a statement remarked this latest milestone demonstrates PTP’s commitment to continuously enhance its competitive advantages in an increasingly competitive global market.

“The successful completion of our first LNG bunkering operation also underscores our unwavering commitment to sustainability and environmental leadership. We are proud to partner with Petronas Trading Corporation Sendirian Berhad (PETCO) and CMA CGM on this initiative and showcase PTP’s capabilities as a leading facilitator of clean and efficient maritime operations.”

“This milestone paves the way for further growth in LNG bunkering at PTP, contributing significantly to the decarbonisation of the maritime industry.”

Commenting on this achievement, Mark Hardiman, Chief Executive Officer of PTP stated this latest milestone further highlights PTP’s position as the largest transshipment hub terminal in Malaysia.

“In preparation for the LNG bunkering operation, PTP worked closely since March 2022 with PETCO and CMA CGM, as well as with various other related government agencies to organise table-top exercises (TTX) and workshops, before carrying out the deployment exercise.”

“The success of the bunkering operation is a result of the seamless collaboration and preparations involving rigorous safety procedures through in-depth operational and risk assessments, modelling, and validation. We thank PETCO, CMA CGM all other involved parties for their joint efforts in operationalising the bunkering capability and we welcome partners to work with us to accelerate maritime decarbonisation,” said Hardiman.

Port of Tanjung Pelepas (PTP) is Malaysia’s largest transshipment hub with the capacity to handle 13 million TEUs annually. The port delivers reliable, efficient, and advanced services to major shipping lines and box operators, providing shippers in Malaysia and abroad with extensive connectivity to the global market. PTP is currently ranked 15th among the world top container ports.

 

Photo credit: Port of Tanjung Pelepas
Published: 1 March 2024

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Alternative Fuels

Wallenius Wilhelmsen to order four additional methanol DF PCTCs

Newbuilds will also be ammonia-ready and able to be converted as soon as ammonia becomes available in a safe and secure way.

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Wallenius Wilhelmsen PCTC order

Roll-on/roll-off (Ro-Ro) shipping company Wallenius Wilhelmsen on Tuesday (27 February) declared options to build four additional next-generation Shaper Class pure car and truck carrier (PCTC) vessels.

The 9,300 CEU methanol dual fuel vessels can utilise alternative fuel sources, such as methanol, upon delivery. They will also be ammonia-ready and able to be converted as soon as ammonia becomes available in a safe and secure way.

“Together with our customers we are committed to further shaping our industry and accelerating towards net zero. These new vessels are a vital part of that journey,” says Xavier Leroi, EVP & COO Shipping Services.

This latest commitment brings the total number of Shaper Class vessels currently on order with Jinling Shipyard (Jiangsu) to eight. Wallenius Wilhelmsen also retains further options.

The first of the Shaper Class vessels already ordered are expected to be delivered in the second half of 2026. The four additional vessels under the declared options will be delivered between May and November 2027.

 

Photo credit: Wallenius Wilhelmsen
Published: 1 March 2024

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