Steve Bee, a director at VPS, reviews what has changed in terms of marine fuel mix and fuel quality, across the region between 1 November 2024...
LSMGO demand weakens in New York; improved VLSFO and LSMGO availability in Itaqui; Argentinian LNG facility slated to start in 2027.
Prompt supply remains tight in the Gibraltar Strait; demand in Malta remains soft, availability stable; VLSFO more readily available than HSFO in Durban.
VLSFO and LSMGO availability good in Port Klang; bunker supply tight in Sri Lankan ports; LSMGO supply good across Omani ports.
Prices drop across the board at major ports; LBM EU-EU compliance edge grows further; Singapore’s B100 still $400/mt above VLSFO.
Shipowners’ demand for ‘cheapest compliant fuel’ suggests a potentially more competitive and shrinking market for LSFO, forecasts Choong Sheen Mao, COO at Equatorial.
‘Expanding into Ecuador widens our reach in the Americas and strengthens our role as a trusted partner in international maritime logistics,’ says Borja Cerrato, Senior Bunker...
Bunker report panellists include Island Oil Limited, Cockett Marine Oil Pte, Monjasa A/S and KPI OceanConnect, NSI Marine and Transparensea Fuels.
Dense fog delays Houston barge movements; GOLA likely to suspend bunkering; Zona Comun bunker activity slows.
Prompt supply remains tight in the ARA hub; demand in Istanbul is at average levels; HSFO supplies remain tight in Lome and Walvis Bay.
