ENGINE: Europe & Africa Bunker Fuel Availability Outlook

European bunker hubs continue to have readily available supplies of low sulphur fuels. High sulphur fuels can also be procured at short notice in many of the larger ports, while the Canary Islands and South Africa have tighter availability.

There are few issues with availability in ports across ARA, Northern Europe and the Mediterranean. VLSFO and LSMGO stems can be delivered prompt with most suppliers, and HSFO380 stems with around four days of lead time.

Independent fuel oil stocks in ARA dropped by 2% to 10.81 million bbls last week, according to data from Insights Global. Despite the…

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