Availability for low sulphur stems has improved in Fujairah, Zhoushan and Busan this week, while supplies remain tight in Singapore, Japanese and Far East Russian ports. Lead times for VLSFO stems have tightened by one day this week in #Singapore, now requiring 7-10 days, while LSMGO stems are more readily available at 4-6 days. HSFO380 is still scarce in the bunkering hub, as lead times remain at 12-15 days, as they have been for several weeks. #Fujairah’s VLSFO market was tight last week, as a refinery experienced production issues in the port two weeks ago, which limited VLSFO supply and extended lead times to 11 days. As the supply squeeze has eased, lead times have now gone back to six days. Fujairah’s fuel oil stocks jumped last week, helping bring down lead times for bunker fuel oils in the ports. LSMGO stems are more readily available in Fujairah with three days of lead time needed. #Zhoushan has good availability of all bunker fuel grades. Suppliers can accommodate prompt supply in the Chinese port, with two days of lead time now, down from three days last week. To read the rest of this fuel availability outlook, and see how bunker fuel prices move in real-time, ask for a demo of ENGINE @ https://engine.online/
Source: ENGINE