« Insights & News

Galp to start VLSFO 0.5% deliveries in Portugal

IMO 2020-compliant VLSFO to be made available at all mainland ports from November 15.

The 25 de Abril suspension bridge in Lisbon. Image credit: Pixabay

Updated on 13 Nov 2019 18:02 GMT

Physical bunker supplier Galp has announced that very-low-sulphur fuel oil (VLSFO) with a maximum sulphur content of 0.5 percent will be available for delivery at all of its mainland supply ports in Portugal from November 15.

According to Galp, the latest development is the result of almost two years of research, during which the firm tested more than 160 different formulations.

The new IMO 2020-compliant fuel is to be produced exclusively at the company's Sines and Matosinhos refineries, with deliveries carried out by truck, barge and by pipeline.

Galp says it will also continue to supply a wide range of other marine fuels and lubricants.

In addition to traditional and low-sulphur fuels, Galp also carries out LNG bunkering operations in Portugal. The company's maiden supply of LNG was reported to be a truck-to-ship delivery in Madeira to the AIDAprima back in December 2017.

Latest VLSFO 0.5% pricing for the key ports of Lisbon, Setubal and Sines is already available for Bunker Index subscribers in addition to other fuel oil and distillate grades. At the time of writing, Lisbon VLSFO 0.5% levels are currently within a range of around +/- $6 compared to the EMEA region's daily average.

ExxonMobil completes trial of its first bio fuel oil

Residual 0.50% fuel to be available in select European ports later this year.

Historic first LNG bunkering of a foreign ship in US

Furetank vessel receives 225 tonnes of LNG in milestone Jacksonville delivery.

LNG the only viable fuel: SEA-LNG

Says pathway to decarbonisation has been demonstrated with LBM and LSM as drop-in fuels.

Island Petroleum extends coverage in Ashdod

Now also offering in-port and anchorage deliveries at Israeli port.

Gasum performs first truck-to-ship LNG delivery in Germany

'Several projects' lined up in Belgium, Germany, Netherlands and Poland.

GP Global undertakes financial restructuring

Seeks asset investment to overcome 'tight cash position'.

Bunker Holding posts best-ever annual result

Declares itself 'world's leading bunkering company' with pre-tax profit of $155.2m.

Glander International Bunkering posts 73% profit rise

Pre-tax earnings up to $27.3m as CEO warns of industry consolidation following Covid-19.

Glander International Bunkering adds Canden Marine Fuel Services to global network

Quebec firm to operate as Glander International Bunkering (Montreal) Ltd from June 1.

Hydrogen and ammonia the best long-term fuel options, say owners

Nearly 60% of shipowners surveyed see hydrogen and ammonia as the most attractive future fuels.

Related Links:

·  Galp starts LNG bunkering in Portugal [Insights]

·  Galp Energia S.A. [Directory]

·  Portugal [Directory]