ENGINE: Europe & Africa Bunker Fuel Availability Outlook 19 Aug
Northwest Europe In the ARA, fuel availability remains tight for prompt supplies, with buyers advised lead times of 5-7 days to get good coverage from suppliers, a trader said. The ARA’s independently held fuel oil stocks have averaged 5% higher in August so far, compared to July’s monthly average, according to Insights Global data. The ...
Europe and Africa's bunker fuel availability outlook for August 19, 2021, reveals a tight supply situation for prompt supplies, according to a trader. The ARA's fuel oil stocks have averaged 5% higher in August compared to July, with August imports increasing to 381,000 b/d from July's average of 159,000 b/d. Most of the fuel oil imports have come from Venezuela, Benin, and Lithuania.
Gas oil imports have also risen, with the US, the UK, and France being the biggest sources. In Germany's Hamburg, fuel availability is stable, with a five-day notice recommended for delivery. In Sweden's Gothenburg and Denmark's Skaw, lead times could be 10-14 days. Mediterranean Bunker supplies are tight in Gibraltar Strait ports, with buyers advised a lead time of 7-10 days for prompt delivery.
In Spain's Barcelona, buyers can secure supplies with a minimum seven-day lead time. In Greece's Piraeus, Brazil, and Namibia's Walvis Bay, prompt fuel availability is tight, with lead times ranging from 5-7 days. Africa's Senegal's Dakar port has readily available VLSFO and LSMGO, while Togo's Lome port has tight availability for both fuel grades.
Off Namibia's Walvis Bay, VLSFO and LSMGO deliveries are possible within 5-7 days. The weather conditions, with swells over 2 meters forecasted between August 19 and 24, could complicate offshore supplies. In Port Louis, prompt fuel availability is tight, with suppliers quoting delivery dates only in September.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.