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Integr8 Fuels: A year on- better VLSFO quality but watch HSFO

Before IMO2020, it was expected that VLSFO would be more problematic than HSFO, but data shows that over 2020 the share of HSFO off-specs has increased, it said.

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Screen Shot 2020 11 17 at 1.19.40 PM

Integr8 Fuels, the bunker trading and brokerage arm of Navig8, on Monday (16 November) published an analysis on the observed increase in off-spec HSFO in 2020, even overtaking VLSFO especially in the ARA region; it was written by Anton Shamray, Senior Research Analyst: 

This time a year ago the market was talking about the upcoming IMO2020 sulphur regulations change. The operators of the non-scrubber tonnage were in the process of putting together the switch-over plans from HSFO to VLSFO and starting to purchase the compliant fuel, while bunker fuel producers worked tirelessly on the different recipes for the VLSFO blends.

In October 2019, Integr8 Fuels started collecting VLSFO sample test data and one year later managed to accumulate over 75,000 test results. Marking the anniversary, this article looks at the key fuel quality developments comparing VLSFO and HSFO. Despite the drop in the HSFO demand and testing, over 15,000 HSFO test results formed part of this analysis.

The data shows that in the past year the share of HSFO off-specs increased, overtaking VLSFO, which in turn saw a decrease. The severity of VLSFO off-specs also decreased, while increasing for HSFO. Out of the four bunker hubs analysed, currently ARA has the highest probability of VLSFO and HSFO off-specs.

VLSFO: fewer off-specs than HSFO

Prior to the IMO2020 switch, it was widely expected that VLSFO would turn out to be more problematic than HSFO and this was indeed the case early in the transition. Given that VLSFO producers had to hone their blending recipes, the share of VLSFO off-specs stood at 5.1% on average between November 2019 and January 2020, almost double the HSFO share (Figure 1).

Screen Shot 2020 11 17 at 1.19.56 PM

As the year went by and producers gained more experience with VLSFO, the reduction in the share of off-specs followed. On the other hand, and quite unexpectedly, the share of HSFO off-specs steadily increased, currently standing higher than VLSFO.

This development shows that while previously HSFO was considered an “easier” fuel to buy compared with VLSFO, this is no longer the case. The bunker buyer is encouraged to exercise the same due diligence when buying HSFO given the increase in the share of off-specs.

Off-spec severity lower in VLSFO, higher in HSFO

Fuel quality data shows that it is not only the share of VLSFO off-specs that decreased but also the severity.

Figure 2 breaks down the off-specs by parameter, which for simplicity have been put into four groups. The ‘Other’ group contains the parameters that cause less severe quality issues if found to be off-spec comprising of ash, water, sodium and others.

Screen Shot 2020 11 17 at 1.20.08 PM

In VLSFO there has been a steady reduction in the prevalence of sulphur and TSP (a measure of fuel stability) off-specs, which are critical quality parameters, while the occurrence of off-specs in the ‘Other’ group has increased with sodium in particular causing some issues in a number of ports in Asia.

HSFO shows a very different trend. Both sulphur and TSP off-specs are on the rise, mostly driven by TSP. This may potentially indicate a change in the composition of HSFO, whereby the formulations are becoming more “complex”.

While the above changes are good news for the VLSFO users, HSFO buyers should be aware of the rising TSP off-specs.

Watch out for VLSFO and HSFO quality issues in ARA

Looking at the global quality averages can help understand the general direction, although when it comes to bunkering vessels, individual ports, which collectively make up the global trend, should also be looked into. Figure 3 shows the breakdown of VLSFO and HSFO off-specs in four key global bunkering hubs.

Screen Shot 2020 11 17 at 1.20.20 PM

The share of VLSFO off-specs in ARA, despite a drop in August – October, remains much higher than in the other ports and above the global average. The picture is similar for HSFO, with the share of ARA off-specs rising to the highest in August – October, while Panama and Fujairah seem to have dealt with the past quality issues. Singapore on the contrary remains one of the best ports for HSFO quality where less than 1 in 100 HSFO stems are tested off-spec, compared with almost 8 in 100 in ARA.

Looking at the severity of VLSFO off-specs in ARA, it is a mixture of sulphur and TSP issues, despite the reduction of these in the global trend. On the other hand, the HSFO issues here are mostly related to density (also with a sharp increase in St. Petersburg) and viscosity, which are less critical and can often be handled well on board the vessel.

Overall, it has been an interesting year when it comes to bunker fuel quality and despite the initial concerns the IMO2020 transition generally went well. However, monitoring fuel quality data remains important and Integr8 Fuels will continue highlighting any significant fuel quality trends going forward.


Photo credit and source:
Integr8 Fuels
Published: 17 November, 2020

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ENGINE: Europe & Africa Bunker Fuel Availability Outlook (1 April 2026)

East Mediterranean ports see high demand; Malta sees rough weather; high demand increases lead times in West Africa.

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RESIZED ENGINE Europe and Africa

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:

  • East Mediterranean ports see high demand
  • Malta sees rough weather
  • High demand increases lead times in West Africa

Northwest Europe

Availability of all fuel grades is stable in the ARA bunkering hub, but buyers are recommended to enquire about stems around five days ahead to get competitive offers from a wide selection of suppliers, a trader said.

The ARA’s independently held fuel oil stocks slumped 20% lower in March, according to Insights Global data.

The region imported around 160,000 b/d of fuel oil in March, down from 192,000 b/d imported in February, according to cargo tracker Vortexa. Most supplies have arrived from Denmark (21%), Poland (14%) and Libya (13%).

The region’s independent gasoil inventories – which include diesel and heating oil – have dipped 1% lower in March, compared to February.

The ARA imported 289,000 b/d of gasoil, down from the 304,000 b/d in February, according to Vortexa data. Around 27% of cargo volumes have come from Kuwait, while the US has sent around 24%.

In Germany’s Hamburg, buyers are being advised to book stems with a lead time of five days, a trader said.

Bunker fuel availability is very tight in Sweden’s Gothenburg and off Denmark’s Skaw, a trader told ENGINE.

Mediterranean

Securing supplies promptly is challenging in the Gibraltar Strait ports, and buyers are advised to book around seven days in advance to secure supplies of any fuel grade, a trader said.

Demand is stable in the Port of Gibraltar, with around 40 vessels expected to call for bunkers between 1-8 April, shipping agent A Mateos & Sons said.

Congestion caused in the port last week due to rough weather conditions has completely cleared as of Wednesday morning, port agent MH Bland said.

In Barcelona, buyers are usually requested to give a week’s notice for any delivery, but supplies can be arranged sometimes on a prompt basis, a trader told ENGINE.

Bunker availability is tight in the Canary Islands bunkering hub of Las Palmas, a trader said. Suppliers are giving earliest delivery dates around 10 days out for stems with competitive prices, the trader added.

Bunkering operations are currently being conducted in the inner anchorage and at the berth due to rough seas, port agent MH Bland said.

Malta is experiencing rough winds of more than 25 knots and waves of more than 2.5 metres, and the conditions are expected to persist until 3 February.

Bunkering operations off Malta have been currently suspended, port agent MH Bland said.

Some operations can be conducted in the sheltered Area 1 and Area 4, and operations are expected to resume normally in the offshore area around Saturday, shipping agent WMR told ENGINE.

Bunker demand has decreased recently off Malta, a trader said.

Fuel availability is steady in the Greece’s Piraeus, but high demand for bunkers is causing operational challenges related to barge and berth availability, a local supplier said. The port may face tight product availability around late April or early May if the conflict continues and crude flows through the Strait of Hormuz continue to remain disrupted, the supplier added.

Fuel availability is stable in Turkey’s Istanbul and demand is very strong, a local supplier told ENGINE. Buyers are securing bunkers as they anticipate tight availability next month, the supplier added.

Africa

Ships re-routing around the Cape of Good Hope have increased bunker demand in African ports, suppliers and traders told ENGINE.

West African ports are experiencing low product availability as demand is rising and supply is not able to keep up, a major supplier in West Africa said.

Lead times have increased significantly in many bunkering hubs due to the additional demand.

In Togo’s Lome and off Namibia’s Walvis Bay, buyers are recommended to enquire about stems around 10-11 days ahead, a trader said.

In Angola’s Luanda, one supplier has stopped supplying VLSFO, while LSMGO supplies may need around 7-10 days of notice, a supplier told ENGINE.

Getting VLSFO supplies in Nigeria’s Lagos anchorage also requires around 10 days of notice, a local supplier said.

In South Africa, availability is stable off Algoa Bay, a trader said. In Durban, LSMGO is priced around $3000/mt.

By Nachiket Tekawade

 

Photo credit and source: ENGINE
Published: 2 April 2026

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IMO: Caribbean maritime leaders draft policy recommendations to decarbonize shipping

Participants focused on moving from analysis to implementation by aligning policy, infrastructure planning, energy systems and finance.

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IMO: Caribbean maritime leaders draft policy recommendations to decarbonize shipping

The International Maritime Organization (IMO) on Tuesday (3 February) said Caribbean policymakers and financiers have emphasized that decarbonization will not succeed through isolated projects or technologies alone, but through coordinated action across sectors and countries, supported by evidence-based planning and investment-ready pathways. 

Senior representatives from Caribbean governments, maritime administrations, ports, energy authorities, development banks and financial institutions met for a regional roundtable convened in Port of Spain, Trinidad and Tobago (29 – 30 January) by IMO’s GreenVoyage2050 Programme, in collaboration with Global MTCC Network (GMN Phase II). 

The event, under the theme Unlocking maritime decarbonization, resulted in key draft policy recommendations for the region, including proposals for: 

  • enhanced regional coordination to harmonize national policies; 
  • knowledge-sharing; 
  • capacity building; and 
  • investment facilitation.  

Participants focused on moving from analysis to implementation by aligning policy, infrastructure planning, energy systems and finance. The participation of multilateral and regional development banks alongside policymakers and industry linked technical ambition with financial realism at an early stage. 

Dr Jose Matheickal, Director of the IMO’s Technical Cooperation and Implementation Division, underscored the need to bridge global ambition and national delivery: “The IMO GHG Strategy sets a clear global direction, but implementation happens at country and regional level. What is critical is creating the conditions, policy, institutional capacity and credible project pipelines, that allow finance to flow and turn ambition into action.” 

The first day of discussions connected the 2023 IMO GHG Strategy with delivery through technical cooperation and regional collaboration.  

Findings from the Jamaica Maritime Alternative Fuels Study, supported by the GreenVoyage2050 Programme, were shared to ground the regional dialogue in a concrete country example. The study illustrated how Caribbean States can assess future fuel demand, supply pathways, infrastructure needs and policy implications to inform investment and planning decisions. 

Building on this evidence, participants discussed credible fuel pathways for the region, barriers to adoption and where regional coordination could accelerate progress. Interactive mapping exercises captured existing initiatives, infrastructure gaps and opportunities for collaboration across the Caribbean, while practical examples demonstrated how policy intent is already translating into action through green port development, fleet initiatives and pilot projects. 

 

The second day of the roundtable focused on unlocking investment, with development banks and financial institutions outlining what is needed to improve project bankability and mobilize public and private finance.  

Discussions explored financial instruments, risk-sharing approaches and policy signals required to support investment in ports, clean fuels and maritime infrastructure, reinforcing the importance of aligning national priorities with financier expectations. 

Ms Thandi McAllister, Director – Legal Services, Maritime Administration Department, Guyana, said: “This Regional Roundtable provided a vital platform for States and other maritime stakeholders to gain valuable insights into the impact and opportunities that are optimizable by Caribbean SIDs and LDCs in their pursuit of decarbonisation goals.” 

Finally, the participants visited the ammonia-fuelled ship Fortescue Green Pioneer for a first-hand look at alternative fuel technology in use onboard.

 

Photo credit: International Maritime Organization
Published: 5 February, 2026

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ICS and 47 governments submit GHG pricing mechanism proposal to IMO

Key purpose of mandatory GHG charge will be to reduce cost gap between zero/near-zero GHG emission fuels and conventional bunker fuels to incentivise accelerated uptake of green energy sources.

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The International Chamber of Shipping (ICS) on Thursday (9 January) said it has joined 47 governments in a joint submission to the final round of negotiations at the United Nations’ International Maritime Organization (IMO) to adopt a maritime greenhouse gas (GHG) emissions pricing mechanism to achieve net zero GHG emissions from international shipping by 2050. 

The joint text is supported by major shipping nations such as Greece, Japan, Korea and the United Kingdom, the world’s largest flag States including Bahamas, Liberia, Marshall Islands and Panama, all EU States (and the European Commission), other African countries such as Nigeria and Kenya, plus Small Island Developing States from the Caribbean and the Pacific.

The joint submission by governments sets out convergent regulatory text for amendments to the IMO MARPOL Convention, which will require shipping companies operating ships on international voyages to make GHG contributions per tonne of CO2e emitted to a new “IMO GHG Strategy Implementation Fund”.

ICS said the key purpose of this mandatory GHG charge will be to reduce the cost gap between zero/near-zero GHG emission (ZNZ) fuels such as green methanol, ammonia and hydrogen and conventional bunker fuels, to incentivise the accelerated uptake of green energy sources. 

Revenue generated will be used to reward the production and uptake of ZNZ marine fuels, whilst also providing billions of US dollars annually to support the maritime GHG reduction efforts of developing countries.

International Chamber of Shipping Secretary General, Guy Platten, said: “The industry fully supports the adoption by IMO of a GHG pricing mechanism for global application to shipping.”

“The joint text put forward by this broad coalition is a pragmatic solution and the most effective way to incentivise a rapid energy transition in shipping to achieve the agreed IMO goal of net zero emissions by or close to 2050.”

“We are very pleased that such a large and diverse group of nations now firmly supports a common approach to maritime carbon charging. This proposed joint text has been hard fought and is broadly based on ideas which ICS has been advocating for the past ten years.

“While a large number of governments now support a universal flat rate GHG contribution by ships – or something similar – a minority of governments continue to have concerns. Working in co-operation with all IMO Member States we will do our best to allay such concerns during the final stages of these critical negotiations about regulatory text.”

This mature regulatory proposal will be considered by a critical IMO meeting in February – in the week of 17 February 2025 at ISWG-GHG 18. 

If the MARPOL amendments are approved by IMO in April 2025, they should enter into force globally in early 2027, with the collection of annual GHG contributions from ships commencing in 2028.

Note: The joint proposal to IMO for a maritime GHG emissions pricing mechanism can be found here.

 

Photo credit: International Maritime Organization
Published: 10 January, 2025

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