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BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
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Aegean sees 'steep increase' in South Africa demand following fuel shortage in Brazil

30 Aug 2017 16:51 GMT

Supplier 'confident' it will be able to handle higher number of customer enquiries in Algoa Bay.



Aegean Marine Petroleum Network Inc says it has seen increased levels of interest and demand for its anchorage supply service in Algoa Bay (Port Elizabeth), South Africa, as a result of the lack of available fuel in Brazilian ports in recent days.

"Since its launch in March 2016, the physical supply station at the anchorage area of Algoa Bay in South Africa has proven to be an excellent option for the replenishment of bunkers for vessels engaged in trans-Atlantic and African regional trades," said Gregory Robolakis, Aegean's General Manager of Physical Supply Operations.

"However, since Petrobras suspended bunkering operations at the end last week we have seen a steep increase in enquiries for bunkering options in the bay of Algoa Bay area from ship owners and operators trying to ensure the supply of their vessels now that Brazilian ports are currently not an option."

Aegean Marine Petroleum commenced bunker supply at anchorage in Algoa Bay in March 2016, making it the first location in South Africa where bunkering at anchorage was an option. The company originally commenced operations with one barge and a mother tanker acting as floating storage, but by July 2016 it had expanded its overall operation to include three double-hulled bunker barges supplying IFO RMG 380 and marine gasoil (MGO).

"Aegean has made significant investments in our South African operation, which now sees three of our largest and most modern barges, Lefkas (2010-built, 6,321 dwt), Leros (2010-built, 6,311 dwt) and Tilos (2011-built, 6,262 dwt) working alongside our floating storage, the M/T Umnenga (66,985 dwt) to provide customers with top class service levels that guarantee efficient bunkering of vessels at anchorage in the bay of Algoa Bay," remarked Robolakis.

"As a result of these investments, we are confident in our ability to meet increased levels of ship operators' and owners' demand for bunkers in the region as long as the current situation in Brazil persists," he added.

Image: Aegean's bunker delivery vessel, MT Lefkas, in Port Elizabeth, South Africa.






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