ENGINE: Europe & Africa Fuel Availability Outlook
Northwest Europe Fuel availability is tight in the ARA for prompt delivery dates, with buyers advised lead times between 5-7 days for deliveries of HSFO, VLSFO, ULSFO and LSMGO fuel grades, a trader said. The ARA’s independently held fuel oil stocks have averaged 15% higher in August thus far, compared to July’s monthly average, according ...
Northwest Europe is facing fuel availability issues, with traders advising lead times between 5-7 days for prompt deliveries of HSFO, VLSFO, ULSFO, and LSMGO fuel grades. The ARA's fuel oil stocks have increased by 15% in August compared to July, and around 344,000 b/d of fuel oil has been imported, more than double July's average.
The largest import volumes came from Benin, Venezuela, and Mexico. Independent gasoil inventories, including diesel and heating oil, have dropped by 1% in August compared to July, with around 156,000 b/d imported so far. Bunker fuel availability is stable in Germany's Hamburg port, with buyers advised a 5-day notice for any fuel grade.
However, tight fuel availability is reported off Denmark Skaw, Sweden's Gothenburg, and Mediterranean ports like the Strait of Gibraltar, Algeciras, Barcelona, and Las Palmas, with lead times ranging from 10-14 days for prompt deliveries. In Africa, tight fuel availability is reported for prompt supplies in Togo's Lome, Namibia's Walvis Bay, Angola's Luanda, Nigeria's Lagos, South Africa's Durban, and Mozambique's Nacala and Maputo ports.
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.
