The fuel access situation in ARA ports (Antwerp, Rotterdam, and Amsterdam) has become severely restricted. According to reports, buyers must consider lead times of 5 to 7 days for fuel delivery. Specifically, the price of B100 in Rotterdam has been significantly lower than LSMGO, leading to increased demand for this type of fuel at the port.
Fuel Imports in the ARA Region
According to Insights Global data, independent heavy fuel oil stocks in the ARA region increased by 18 percent in September compared to August. Additionally, the region imported about 266,000 barrels per day of heavy fuel oil in September, a decrease from 342,000 barrels per day in August. Nearly half of the cargo volume has come from Mexico (19 percent), Colombia (13 percent), and Benin (12 percent).
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Fuel Situation in Other European and African Ports
In the port of Hamburg, the fuel access situation is stable, and suppliers have announced delivery times of five days for most deliveries. In the Danish port of Skaw and the Swedish port of Gothenburg, buyers should consider lead times of about 10 days.
The fuel situation in the port of Gibraltar is also limited, and buyers must consider lead times of 7 to 10 days for fuel supply. In Algeciras, suppliers are facing delays of 2 to 12 hours, and in the port of Ceuta, fuel supply is accompanied by delays of 8 to 12 hours.
In the port of Las Palmas, fuel access is limited, and buyers should consider lead times of 7 to 8 days. In Malaga, the fuel access situation is stable, but the supply of VLSFO, ULSFO, and LSMGO for near dates is limited, and a lead time of five days is recommended.
In Turkey, the fuel access situation in Istanbul is normal, and deliveries can be made with an urgent notice of 1 to 3 days. However, in Lome, Togo, the fuel access situation for urgent deliveries is limited, and buyers should consider lead times of about a week.
In Lagos, Nigeria, buyers are advised to consider lead times of 7 to 10 days for VLSFO delivery. In the port of Walvis Bay, Namibia, fuel access has been restricted, and buyers should consider lead times of 5 to 7 days.
The fuel access situation in the port of Durban, South Africa, has become severely restricted, and buyers must consider lead times of 10 to 15 days for fuel supply. In the port of Lewis, buyers should place orders 10 to 14 days in advance to ensure fuel supply. Additionally, in Mozambican ports such as Nacala and Maputo, the fuel access situation is limited, and buyers are advised to consider lead times of 5 to 7 days for most supplies.
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