Americas Fuel Availability Outlook 11 June

Tight prompt supply in Houston

Paranagua, Rio de Janeiro supply constrained

Punta Colorada targets higher throughput

IMAGE: Aerial view stack of containers in a container ship at deep seaport. Getty Images.

North America

In Houston, bunker demand has been steady over the past week, with prompt availability tight across all three conventional fuel grades. HSFO and VLSFO require lead times of 5–7 days, and LSMGO can be delivered by most suppliers within 4–5 days, a trader said.

At the Galveston Offshore Lightering Area (GOLA), operations are being conducted on a first-come, first-served basis and remain subject to weather conditions.

High seas are forecast for 14 June, which could impact bunker deliveries at the anchorage. Recommended lead times for all three conventional grades stand at 5–8 days this week.

In New York, bunker demand has softened this week, while variable fuel availability has resulted in unclear lead times, a trader said. HSFO and VLSFO are tight for prompt supply, with lead times of 6–8 days this week, while LSMGO is available within 3–5 days.

No backlog or bunker barge readiness issues have been reported. High wind gusts are forecast through 12 June, which could disrupt bunkering operations at the port.

The Atlantic hurricane season began on 1 June, though tropical cyclone risks across North America are currently low.

High pressure is expected to maintain stable conditions across the Gulf of Mexico and western Atlantic this week, reducing the likelihood of weather-related disruptions to bunker operations.

On the US West Coast, fuel availability across all three conventional grades is normal at the ports of Los Angeles and Long Beach. Recommended lead times for HSFO, VLSFO, and LSMGO stand at 7–10 days this week.

Latin America and the Caribbean

In Panama, bunker demand is strong, and fuel prices continue to be high, a trader said.

Availability is good at both Balboa and Cristobal, with recommended lead times of 3-4 days for VLSFO and LSMGO. HSFO requires slightly longer lead times of 4-5 days.

High wind gusts forecast in Balboa on 12-13 June could disrupt bunker operations. Deliveries are being carried out on a first-come, first-served basis, with priority given to vessels holding confirmed Panama Canal transit slots.

In Colombia, the ports of Santa Marta, Cartagena and Barranquilla have good availability of both VLSFO and LSMGO, with the earliest delivery dates available in 3-4 days, a source said.

Across the Caribbean, the remnants of Tropical Storm Cristina are forecast to move into the Bay of Campeche later this week, bringing increased showers and thunderstorms.

While the system has a low chance of further development, a low-end tropical storm cannot be completely ruled out. Elsewhere, dry air and wind shear are expected to suppress tropical development across much of the Caribbean.

In Freeport, Bahamas, bunkering conditions remain stable with no weather-related disruptions expected. Cruise ships continue to receive operational priority, which may influence bunker scheduling, a trader tells ENGINE.

Further south, St. Eustatius is expected to experience high wind gusts from 10-14 June, which could affect bunkering operations.

Deliveries are conducted at the anchorage, while cruise ships receive priority. Bunker barge operations may face weather-related delays.

Offshore Trinidad, high wind gusts and rough seas are forecast through 13 June, posing a risk of disruptions to offshore bunkering operations.

Deliveries are conducted while underway, and bunker barge delays are possible due to adverse sea conditions, a source said.

In Brazil, bunker availability varies by port. Santos is experiencing congestion, with VLSFO and LSMGO available in 5-8 days, although shorter lead times may be possible depending on stem size and price premiums, a source said.

Availability is normal in Rio Grande, Belem, and Vila do Conde, where both grades can be supplied within 4-6 days.

In contrast, Paranagua is facing tight availability, with the earliest delivery date currently 15 June. Availability is also tight in Rio de Janeiro, where bookings are being done under prior consultation and lead times remain uncertain, a trader said.

Bunker deliveries in Argentina's Zona Comun continue despite rough weather conditions at the anchorage, a source told ENGINE.

Dense fog forecast through 12 June could disrupt operations. Deliveries are being carried out on a first-come, first-served basis.

VLSFO and LSMGO availability remains good, with typical lead times of 5-7 days.

Meanwhile, a major supplier is increasing the planned throughput capacity of its new crude export terminal at Punta Colorada from 550,000 b/d to 700,000 b/d.

According to Antares Ship Agency, the decision reflects current market dynamics and growing interest in diversifying crude supply sources. The higher capacity will be achieved through increased pumping rates and enhanced onshore infrastructure.

Once operational, the terminal is expected to handle up to 128 vessels annually, with each lifting around 200,000 barrels.

By Gautamee Hazarika

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