ENGINE: Americas Fuel Availability Outlook

North American port cities such as Houston, New Orleans, and Galveston are experiencing steady bunker fuel demand, with fuel availability at these ports being normal. VLSFO and LSMGO can be delivered within 4-5 day lead times, while HSFO requires longer lead times of up to 7 days. In New York, bunker fuel demand remains normal, with good availability for all three grades.

Lead times for HSFO have shortened this week, with suppliers recommending lead times between 3-7 days. On the West Coast, strong demand in Los Angeles and Long Beach has resulted in tight availability for VLSFO and LSMGO, with lead times ranging from over a week to 10 days. HSFO availability is relatively better, but suppliers require at least a week's notice.

Vancouver's bunker availability is steady, with HSFO available within 5-7 days, while VLSFO and LSMGO require around 6-8 days' lead time. In Latin America, Panama's bunker fuel demand has seen a slight uptick, with HSFO supply being tighter and requiring longer lead times. VLSFO and LSMGO can be supplied within 3-6 days. Colombia's Cartagena, Santa Marta, and Barranquilla have readily available bunker fuel, with prompt delivery windows of 3-4 days.

Freeport, Bahamas, has VLSFO and LSMGO availability within 5-6 days. Chile no longer has HSFO available, but VLSFO and LSMGO have okay availability with lead times of 4-7 days. Callao has tight HSFO availability and longer lead times. Brazil has steady fuel demand, with Santos and Rio de Janeiro experiencing normal fuel availability.

Paranaguá and Belem/Vila do Conde have okay availability for both grades, with lead times of 4-7 days. Argentina's Zona Común has available VLSFO and LSMGO via barges, with a brief delay anticipated due to strong winds. Overall, market conditions remain normal, with prices holding steady.