Fuel Oil Shipments to Asia Rise to 2.3 Million Tons in SeptemberWinnie Zhu
More fuel oil cargoes were scheduled last week to arrive in Asia in September from western countries, shipping data shows.
At least 12 tankers, including very six large crude carriers, or VLCCs, are booked to arrive in the region from the U.S., Europe and the Caribbean, according to data from shipbrokers including Poten & Partners Inc., Clarkson Plc and ICAP Shipping International Ltd. and information from traders. The ships are set to carry 2.3 million metric tons of fuel oil, compared with 360,000 tons booked as of the previous week. Some fixtures are provisional and may be changed or canceled.
August arrivals rose to 4.2 million tons from 3.9 million tons, the data show. Fuel oil’s East-West spread, or the premium of Asian cargoes to European prices, was $21.27 a ton on Aug. 2, up from $7.03 a ton a week earlier, according to Bloomberg data. It has averaged $28.11 this year.
The following is a summary of tankers reported as contracted to carry fuel oil to Asia. Volumes are in thousands of tons. Arrival times are calculated based on information on the e-ships.net website and assume a total of four days for loading and discharging at ports. A VLCC can carry about 270,000 tons of oil.
Vessel Name Cargo Size Loading Arrival Charterer (’000 tons) September Vessel to Singapore Callisto Glory 270 Rotterdam Sept. 22 Litasco Cerigo 270 U.S. Gulf Sept. 11 Mercuria Seacross 130 U.S. Gulf Sept. 10 Westport Alpine Alaska 100 U.K. Continent Sept. 9 Petrobras Stena Superior 130 U.S. Gulf Sept. 7 PMI Densa Whale 130 U.S. Gulf Sept. 6 Westport Violando 130 U.S. Gulf Sept. 6 Mercuria Cargoes to Far East Riverside 100 U.K. Continent Sept. 15 Vitol Unknown cargoes 1,080 Venezuela Sept. PetroChina Total 2,340 August Vessels to Singapore Nissos Paros 80 Caribbean Aug. 31 CNR Mazyonah 280 Rotterdam Aug. 27 Vitol Maersk Hirado 270 Caribbean Aug. 27 Repsol Zhongji No. 2 42 South Africa Aug. 27 Chevron Cape Bonny 130 U.S. Gulf Aug. 26 Westport Orpheas 130 U.S. Gulf Aug. 25 Mercuria Mesdar 270 Rotterdam Aug. 25 Cargill Maersk Simone 270 U.K. Continent Aug. 23 Petroineos Rio Apure 130 Greece Aug. 17 ST Shipping Blank 140 U.S. Aug. 14 Westport Genmar George T 130 Tallin Aug. 14 Newton Cape Bowen 130 Tallin Aug. 10 Newton Mare Siculum 130 Caribbean Aug. 9 Castleton Princimar Integrity 130 Caribbean Aug. 9 Tipco Navig8 TBN 270 Rotterdam Aug. 8 Petroineos Ashkini Spirit 130 U.S. Gulf Aug. 7 PMI SKS Segura 130 Southwold Aug. 1 SK Vessels to India Astro Sculptor 80 Algeria Aug. 31 Reliance Vessels to Far East Amoureux 130 U.K. Continent Aug. 9 Koch Nordic Discovery 130 Cyprus Aug. 8 Clearlake Unknown cargoes 1,080 Venezuela August PetroChina Total 4,212 July Vessels to Singapore Ariadni 130 Rotterdam July 21 CNR Maran Capricorn 270 U.K. Continent End July BP Yangtze Rhyme 280 U.S. Gulf July 18 Glasford Rio Genoa 140 U.S. Gulf End July Vitol Achilleas 270 U.S. Gulf End July Mercuria Searacer 135 Cyprus Mid July Solal Gulf Eyadah 270 U.S. Gulf 1H July Westport Almi Galaxy 130 U.S. Gulf 1H July Castleton Leo Glory 280 Rotterdam July 10 Vitol Samco Scandinavia 270 U.S. Gulf July 4 Mercuria Archway 130 Bilbao July 4 Repsol Vessels to India Gnmtc TBN 80 Malta July 25 CNR Vessels to Far East Unknown cargoes 1,080 Venezuela July PetroChina Total 3,465
MONTHLY ARRIVALS2013 Volume September 2,340 August 4,212 July 3,465 June 3,610 May 4,120 April 3,475 March 3,720 February 2,740 January 4,740 2012 December 3,635 November 4,450 October 4,460 September 3,715 August 3,600 July 2,495 June 3,930 May 3,660 April 4,625 March 4,205 February 4,585 January 4,905 2011 December 3,880 November 2,960 October 2,010 September 2,720 August 2,170 July 3,495