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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

ARA gasoil stocks grow with Russian inflows; bunkering in Las Palmas and off Malta hit by weather; fuel supply normal in South African ports.

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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:

18 January 2023

  • ARA gasoil stocks grow with Russian inflows
  • Bunkering in Las Palmas and off Malta hit by weather
  • Fuel supply normal in South African ports

 

Northwest Europe

Prompt supply of VLSFO and HSFO is currently tight in Rotterdam and in the wider ARA hub, sources say. However, some suppliers can offer LSMGO for prompt dates. Lead times of around five days are advised for VLSFO delivery in Rotterdam and around six days for HSFO.

The ARA’s independently held gasoil stocks have averaged 13% higher so far this month than in December, according to Insights Global data. European buyers have gradually been filling up gasoil storage tanks since last summer, much helped by continuous imports from Russia. Russia remains the top source for gasoil imports in the ARA with 30% of the total, according to cargo tracker Vortexa.

Following the EU's ban on imports of seaborne Russian crude oil from 5 December, the EU will also ban imports of refined Russian oil products from 5 February. Anticipating a potential diesel and gasoil supply crunch, European buyers have increased imports to build stocks before the products sanctions kick in.

The ARA's fuel oil stocks have also averaged 7% higher so far this month than in December amid signs of higher net imports, the Insights Global and Vortexa data show. No Russian fuel oil cargoes were picked up by Vortexa to arrive in the region between August and November last year. However, Russian inflows started again in December, and the country has been the ARA's eighth largest fuel oil import source in January.

Supply of VLSFO and LSMGO is normal in the German port of Hamburg, requiring lead times of around five days, a source says. HSFO delivery prospects remain subject to enquiry there.

In Bremerhaven, supply of LSMGO is said to be normal, while VLSFO is currently tight.

Bunker fuels supply is normal-to-tight for prompt dates off Skaw, requiring lead times of around seven days, a source says. HSFO deliveries remain subject to enquiries in the region, the source adds.

 

Mediterranean

Supply of VLSFO and HSFO is currently tight in Gibraltar. Securing prompt deliveries for the two grades can be difficult this week, sources say. LSMGO supply is said to be normal there.

Lead times of 3-4 days are advised for LSMGO delivery in Gibraltar and around five days for VLSFO. HSFO requires longer period of around six days, a source says.

Bunker operations in the Gibraltar Strait region have been affected by adverse weather conditions this week.

Bunkering at anchorage has been suspended in Ceuta since Tuesday due to bad weather, port agent MH Bland says. Strong winds of up to 35 knots are forecast to hit the port on Wednesday, which could cause more delays, it says. Meanwhile, bunker deliveries via ex-pipe at berth are available in Ceuta, according to shipping agent Jose Salama & Co. Two vessels were waiting to bunker at anchorage on Wednesday and eight more were scheduled to arrive.

Bunker operations in the Port of Huelva have been suspended since Monday due to rough weather. The port is forecast to experience harsh weather conditions until Friday morning, which could keep bunkering suspended, MH Bland says. Bunker deliveries by barge can still be carried out at anchorage.

In Las Palmas, suppliers are not delivering stems at the outer anchorage due to weather-related risks, and only one in six bunkering areas off Malta was open for supply on Wednesday amid strong winds, MH Bland says.

Adverse weather conditions in these ports could increase bunker calls in other regional ports including Gibraltar, Algeciras and Tenerife. One supplier in Gibraltar and three suppliers in Algeciras experienced delays on Wednesday.

Besides, one supplier in Gibraltar has been running low on LSMGO stocks this week.

Bunker fuels availability is said to be normal in Malta, but offshore deliveries remain subject to weather conditions, sources say.

No congestion has been reported in Malta this week, according to Seatrans Shipping agency. An average of 10 vessels have arrived to bunker in Malta each day this week.

Availability of VLSFO and LSMGO is normal in the Greek port of Piraeus, while securing HSFO stems for prompt dates can be difficult, a source says.

 

Africa

Bunker fuel availability is normal in Algoa Bay and in Durban. Recommended lead times for VLSFO and LSGMO deliveries in both locations are around seven days, a source says.

Conducive weather has allowed bunker operations to run normally in Algoa Bay this week. But strong winds are forecast to hit the region on Sunday, which could hamper bunker deliveries there, a source says.

One vessel was waiting to receive bunkers in Port Elizabeth on Wednesday. 11 vessels are scheduled to arrive this week for bunkers in Algoa Bay and Port Elizabeth, according to Rennies Ships Agency.

Bunkering is going ahead as normal in Mozambique’s Nacala and Maputo ports. A total of five vessels are scheduled to arrive to bunker across the two ports this week. Availability of VLSFO and LSMGO is said to be normal in both locations, a source says.

By Shilpa Sharma

 

Photo credit and source: ENGINE
Published: 19 January, 2023

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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.

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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

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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.

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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

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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.

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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

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