The Status of Marine Fuel Supply in Houston and New York
Economy

The Status of Marine Fuel Supply in Houston and New York

تصویر: تولید هوش مصنوعی

By 3 min Read time 85,300

The status of marine fuel supply in Houston, Texas, is facing healthy demand, with all three types of regular fuel available within 4 to 8 days. According to a fuel trader, "Demand is stable, and the market is in a normal state. Access to fuel is in good condition, and we are seeing very few bottlenecks."

Impact of Weather Conditions on Supply

As we enter the winter season in the coming months, a shipbuilding representative noted that terminal operators in Houston should pay attention to the potential impacts of fog-related closures in the months ahead. In the Galveston (GOLA) discharge area, HSFO and LSMGO can be delivered within 3 to 4 days, while VLSFO requires about five days over the past week. The shortest delivery time for LSMGO in this area is 1 to 2 days.

Supply Status in New York

In New York, the supply of distillates, including MGO and LSMGO, is not well-supplied, and concerns about shortages of these fuels in the fourth quarter and early next year exist. Proposed times for this week are 5 days for VLSFO and 7 days for HSFO. LSMGO can also be supplied within 3 to 4 days. The Port of New York was closed last weekend due to a storm, and it is expected that traffic will take a few days to clear. Weather conditions have since calmed, with forecasts of winds of 5 to 15 knots and waves of 1 to 2 feet for the remainder of the week.

Conditions in Los Angeles and Vancouver

In Los Angeles, fuel supply continues to proceed normally. Fuel access at the port is good, and suppliers recommend proposed times of 6 to 8 days for HSFO and VLSFO. LSMGO can be supplied within 5 to 7 days. In Vancouver, Canada, HSFO is available until October 4 to 5, and VLSFO and LSMGO are accessible with proposed times of 4 to 8 days.

Market Status in Latin America and the Caribbean

The marine fuel market in Panama reports a good situation. All three types of fuel are deliverable within 3 to 6 days at the Balboa and Cristobal ports, although some bottlenecks for HSFO are anticipated. In Colombia, the ports of Cartagena, Santa Marta, and Barranquilla have good availability for VLSFO and LSMGO, with the earliest delivery time being 3 to 4 days.

In Chile, HSFO is no longer available, and LSMGO and VLSFO are available at all ports with proposed times of 3 to 7 days. In Brazil, HSFO is available at the Port of Rio de Janeiro, where Petrobras has recently begun selling this fuel. All three types of fuel in Rio de Janeiro are deliverable upon prior consultation, while access to VLSFO and LSMGO is limited, with proposed times exceeding one week to 10 days.

Source: hellenicshippingnews.com