ā¢ HSFO380 contamination issues in Singapore
ā¢ Hong Kong demand on regular rise
ā¢ Sri Lanka grapples with state of emergency and curfews
Singapore
HSFO380 and VLSFO availability is ātremendous tightā in Singapore and requires 12-15 days of lead time, whereas LSMGO is shorter at 5-6 days.
Some suppliers are avoiding HSFO380 affords resulting from elevated testing necessities, sources say. VLSFO availability is tight amid low availability of mix shares.
Gasoline testing agency Veritas Petroleum Companies (VPS) newest findings recommend {that a} whole of 140,000 mt of chloride-contaminated HSFO380 was delivered by two bunker suppliers through 12 barges in Singapore between February and March.
VPS strongly suggests GCāMS HS take a look at to detect chloride contamination and warns the gasoline stays in provide chain and will presumably be reused or re-blended for additional use.
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In the meantime, Singaporeās residual gasoline oil and center distillate stockpiles have been drawn to but new lows this yr, based on Enterprise Singapore.
East Asia
In Hong Kong, bunker demand stays strong after authorities lifted quarantine guidelines for cargo and bunker-only calls final month, sources say. HSFO380 availability is tighter in comparison with VLSFO and LSMGO, which require 4-5 days of lead time.
Low sulphur gasoline availability in Zhoushan is regular. Some suppliers can provide restricted immediate deliveries for LSMGO and VLSFO grades. HSFO380 stays tight as just some provider can provide the grade, sources say.
South Koreaās southern ports of Busan, Ulsan and Yeosu proceed to see tight immediate availability. Recommended lead instances for VLSFO in these ports vary from 5-7 days, relying on the provider. Immediate LSMGO provide has additionally tightened due to strain on total barge availability.
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In Port Klang, some suppliers can provide restricted volumes of VLSFO and LSMGO for immediate deliveries, sources say.
In Manila, LSMGO availability is regular. The earliest supply date is on 19 April with one provider as bunker schedules are already filling up past the Easter vacation.
South Asia
Colomboās bunker operations proceed to be affected by the state of emergency and curfews imposed by the Sri Lankan authorities amid protest over the countyās worsening financial disaster at first of this month.
The Sri Lanka Port Authority has stated that Colombo port operates usually regardless of the curfews, whereas acknowledging they’ve encountered unprecedented challenges.
VLSFO and LSMGO provide has tightened in Colombo, however some suppliers can provide immediate deliveries relying on barge schedules. A provider expects LSMGO replenishment shares to reach by subsequent week.
Suppliers in Colombo are planning and coordinating their deliveries approach upfront to lift consciousness of potential provide disruptions from exterior elements outdoors of their management.
In India, availability of VLSFO and LSMGO is regular in Mumbai and Visakhapatnam, and requires 2-4 days of lead time. In Mundra, LSMGO and VLSFO requires 5-6 days forward, whereas HSFO380 is tighter and requires longer lead time.
Center East
Availability is tight for all gasoline grades in Fujairah. Lead instances of round six days are really useful for VLSFO and LSMGO, and an extended eight days for HSFO380.
In Basra, bunker gasoline availability is regular throughout all grades. A provider can provide immediate deliveries for VLSFO and LSMGO, a supply stated.
Availability of VLSFO and LSMGO is regular in Duqm and Sohar port and requires 2-4 days of lead time, sources say.
Supply: ENGINE (https://engine.on-line/)
