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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

Bunker fuel oils are tight for prompt dates with several suppliers in Rotterdam, while ships face bunkering delays from weather suspensions in Malta and Algoa Bay.

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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 publication on Singapore bunkering publication Manifold Times:

27 October, 2021

Bunker fuel oils are tight for prompt dates with several suppliers in Rotterdam, while ships face bunkering delays from weather suspensions in Malta and Algoa Bay.

Longer lead times should be considered for HSFO380 stems in Rotterdam after supply tightened last week. Prompt product is more difficult to source, especially for larger quantities.

Backwardation in Rotterdam’s forward curves for HSFO380 and VLSFO could have made it less lucrative to store product over time. ARA’s independent fuel oil inventories fell to three-month lows of 6.52 million bbls last week, according to Insights Global estimates. There was far less fuel oil stored in the bunkering hub than on average over the past five years.

Supply constraints at the VLSFO-producing Sines refinery in Portugal may also have reduced available volumes in the region.

There were slight bunker delays in the Gibraltar Strait on Wednesday, port agent MH Bland says. Two suppliers in Gibraltar were running 1-3 hours behind schedule. Delays had mounted in Algeciras, with two suppliers 2-8 hours behind, and one supplier around half a day behind.

Bunkering was suspended across all of Malta’s offshore bunkering areas on Wednesday. Operations were halted in most areas when the weather worsened on Tuesday. Strong winds and high swells are expected off Malta until Friday, and may divert vessels with options to bunker in Gibraltar and other ports instead.

The wind direction is forecast to switch from easterly to westerly as the winds calm through Friday, and could enable suppliers to deliver stems in more sheltered bunkering area off Malta’s east coast then.

Fuel availability remains steady across grades in key Mediterranean and South African ports, including Gibraltar, Malta, Istanbul and Durban. Longer lead times are advised for HSFO180 stems in South African ports, however, as suppliers might not be able to accommodate deliveries on prompt dates.

Strong easterly winds and heavy swells could halt bunkering and create a delivery backlog in Algoa Bay over the next few days, shipping agent Sturrock Grindrod says.

Wind gusts were forecast to peak at more than 40 knots in Algoa Bay on Wednesday afternoon, and push waves up above 4 metres. Thursday could see calmer conditions, before three more periods of high winds are expected on Friday, Sunday and Monday.

Bunker operations can typically be suspended with swells of more than 2.5 metres and wind speeds of more than 25 knots, but this is up to the master’s discretion.

22 vessels are due to arrive for bunkers between Wednesday and Monday next week, some of which face delays, Sturrock Grindrod says.

 

Photo credit: ENGINE
Published: 28 October, 2021

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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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