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新規制の導入により、船舶用燃料市場が根本的に変化してきています。市場動向を反映する信頼できるインサイトとデータへのアクセスがこれまで以上に重要となっています。
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Market flags ARA bunker quality concerns
Market flags ARA bunker quality concerns
London, 21 May (Argus) — Marine fuel buyers have raised concerns over bunker fuel quality in the Amsterdam-Rotterdam-Antwerp (ARA) hub. It comes after testing firm Veritas Petroleum Services (VPS) issued an alert on 10 May flagging elevated sediment levels in high-sulphur fuel oil (HSFO) deliveries in Rotterdam. Several market participants in ARA said some producers may have been using lower-quality blending components in recent weeks. Some suggested shale oil may have been used in marine fuel production, which they said may have contributed to higher total sediment potential (TSP) in some finished product. These assessments could not be independently confirmed. VPS has, however, identified elevated sediment levels in HSFO deliveries in Rotterdam, stating that between 6 April and 7 May it tested several cargoes with TSP measured at up to 0.90pc m/m. Higher sediment levels can increase sludge formation, reducing the efficiency of onboard fuel treatment systems. The alert also said many samples exhibited "elevated density", which may complicate treatment for vessels fitted with conventional separators. There is no clear evidence that high TSP levels have been found in bunkers beyond Rotterdam. While the ISO 8217 specification caps TSP at 0.10pc, traders said some deliveries in the region have exhibited significantly higher levels, raising the risk of off-specification cargoes. The Port of Rotterdam Authority said it "does not have a role in the quality control or operational assurance of bunker fuels and will therefore not issue specific warnings to the market", adding that responsibility lies primarily with suppliers and buyers. It referred enforcement to the Netherlands' Human Environment and Transport Inspectorate (ILT). Argus has contacted ILT for comment. The market could see an increase in claims from buyers over off-specification bunkers, one trader said, adding that affected volumes loaded on refuelling ships may need to be debunkered. Participants said higher-quality components are being diverted away from ARA to blending tanks in ports on Saudi Arabia's west coast and in Africa, contributing to tighter availability in the region. Some suppliers are maintaining fuel quality by paying higher premiums for blendstocks, while others are opting for lower-quality alternatives, they said. An analyst said this tightening is being reinforced by falling availability of mid-range sulphur fuel oil components in Europe , as refiners divert streams typically used in bunker blending into middle distillate feedstocks and process them through hydrocrackers. Distillate margins are elevated, supported by disruption to Mideast Gulf supplies, prompting European refiners to maximise diesel and jet output. Tightening availability of suitable blending components in ARA is likely to persist in the near term, raising concerns over continued variability in fuel quality. By Natália Coelho and Bob Wigin Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Swiss WinGD sells first ethanol -fuelled marine engines
Swiss WinGD sells first ethanol -fuelled marine engines
Sao Paulo, 19 May (Argus) — Swiss marine engine manufacturer Winterthur Gas and Diesel (WinGD) has sold its first two ethanol-fuelled marine engines. It said last year that it would begin offering the technology . The engines will power two ore carriers to be built for China's Shandong Shipping to operate under charters for Brazilian mining group Vale. WinGD will build the engines by modifying its methanol-fuelled model, as ethanol and methanol share similar properties and combustion characteristics. "This is a clear signal that the shipboard technology and fuel infrastructure around ethanol as a marine fuel are ready, giving confidence to others considering ethanol as an option for maritime decarbonisation," said WinGD executive director of sales Volkmar Galke. Ethanol has gained traction as a marine fuel because of its potential to comply with greenhouse gas (GHG) emissions regulations. Last week, the IMO Marine Environment Protection Committee (MEPC 84) added Brazil's second-crop corn-based ethanol as a recognised fuel pathway in its life-cycle assessment (LCA) guidelines for marine fuels . Although ethanol is not a drop-in fuel, meaning vessels require retrofitting to run on it, it can absorb surplus production from countries such as Brazil. But FuelEU Maritime and the EU Renewable Energy Directive (RED III) — European regulations considered the world's most advanced for shipping — do not accept biofuels made from food crops, known as first-generation fuels, for emissions reduction because of food security risks. By Natália Coelho Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Singapore bunker sales fall to 14-month low in April
Singapore bunker sales fall to 14-month low in April
Singapore, 14 May (Argus) — Bunker sales at the key hub of Singapore fell to a 14-month low in April as the US-Iran conflict took its toll, according to preliminary data released by the Maritime and Port Authority of Singapore (MPA) on 14 May. But consumption improved on the year for B100 and LNG as competitive prices of these new fuels versus conventional bunker prices spurred interest. Total bunker consumption in Singapore nudged down by 1.2pc on the year to 4.35mn t in April and fell by 8.7pc on the month. The decline was in line with market expectations of demand destruction after the US-Iran war started, which put pressure on Singapore prices in April . Slower downstream trading in the bunker sector also surfaced despite Singapore remaining a preferred refuelling destination for most vessels. April vessel arrivals rose by 3pc on the year to 10,873. Low-sulphur fuel oil (LSFO) sales also fell to a 14-month low of 2.19mn t, down by 2pc on the year, as many buyers delayed non-urgent bunkering on elevated prices. Similarly, buyers had weak demand for low-sulphur marine gasoil (LSMGO), with April sales dropping by over 18pc on the year to around 256,000t, extending a downtrend since the start of the year. Sales for high-sulphur fuel oil (HSFO) fell to a 10-month low of 1.79mn t in April, but edged up by 5pc on the year. This was likely supported by stronger demand from scrubber-fitted vessels opting for lower-cost HSFO compared with very-low sulphur fuel oil (VLSFO), as well as longer routes around the Cape of Good Hope. B100, LNG sales rise Demand for alternative fuels remained subdued overall in April. Sales in Singapore fell by 23pc on the year and was down 17pc on the month to around 519,000t, with biodiesel accounting for the largest share at nearly 62pc. But buying interest for B100 strengthened given that the spread had narrowed against conventional fuel oil prices, and sales jumped to around 6,500t, compared with roughly 300t a year earlier. B100 prices were above $1,300/t delivered on board (dob) in April, although spot trading remained muted as many buyers preferred term contracts, market participants said. LNG demand also firmed in April, with bunker sales up by almost 1pc to over 42,000t in Singapore. LNG prices averaged $661.96/t dob Singapore on a VLSFO equivalent basis, while average April prices stood at $17.37/t dob on mnBtu basis. By Cassia Teo Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Alternative-fuel ship orders rise in April: DNV
Alternative-fuel ship orders rise in April: DNV
Sao Paulo, 12 May (Argus) — Orders for alternative-fuelled vessels rose to 38 in April, from five in March, Norwegian classification agency DNV said. LNG-fuelled vessels accounted for 20 of the April orders: eight car carriers, six container vessels, four oil tankers, and two cruise vessels. LPG/ethane carriers made up 14 orders, while four ammonia-fuelled vessels were ordered, all in the bulk carrier segment. In total, 83 orders for alternative-fuelled vessels have been placed so far in 2026. LNG has been leading the charge in the alternative bunker fuel market as shipowners look to comply with greenhouse gas (GHG) emissions reduction regulations such as FuelEU Maritime, RED III, and EU ETS. By Natália Coelho Alternative-fuelled vessels orders 2026 unit Type of fuel Orders in April Orders so far in 2026 LNG 20 52 Mathanol 14 24 LPG 0 3 Ammonia 4 4 Hydrogen 0 1 DNV Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
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