Mon 9 Dec 2019 12:18

PMG Holding starts VLSFO deliveries in Ukraine


Supplier says 'several thousand tonnes' have already been supplied, with schedule 'filling up rapidly'.


Black Sea satellite image.
Image: Flickr
PMG Holding has commenced the delivery of very-low-sulphur fuel oil (VLSFO) for ships calling at all Ukrainian ports.

According to the Black Sea supplier, "several thousand tonnes" of IMO 2020-compliant VLSFO have already been delivered to bunker-buying customers, and its supply schedule is also "filling up rapidly for the coming days" as the January 1 deadline approaches for the implementation of the global 0.5 percent cap on fuel sulphur content.

Supply chain control, 'consistent source of VLSFO'

PMG was keen to stress that by having full control over the supply chain, the firm has "complete confidence" in the quality, quantity and availability of its VLSFO 0.5 percent fuel going into 2020.

The fuel seller added that it will be providing "a stable, consistent source of VLSFO" to the Ukraine market, which is in addition to its existing offering of high-sulphur fuel oil (HSFO) and 0.1-percent-sulphur marine gas oil (MGO).

"We are ready for 2020 and are set to meet the growing demand," PMG told Bunker Index.

Delivery barges

Currently, PMG is utilizing a bunker barge with a fuel oil capacity of around 5,000 metric tonnes for deliveries; however, the firm expects more of its fleet to be used to supply VLSFO from 2020 onwards.

All of the company's barges are capable of delivering both fuel oil and MGO simultaneously, which in turn helps reduce the overall time spent on bunkering, PMG pointed out.

Ukraine: benefits

Highlighting the benefits of refuelling in the Ukraine, PMG remarked: "Ukraine has been growing rapidly as a staple bunkering location for many operators due to favourable weather conditions, stable supply and competitive pricing. [Compared] to other ports in the Black Sea, Ukraine is well sheltered from high winds and waves, which allows the region to have relatively favourable conditions in winter, adding to the appeal to taking bunkers in the county."

Established in 2003, PMG specializes in the physical supply of marine fuel in the Black Sea and is an exporter of oil products from the Far East.

The supply operation is being managed by the company's trading team in London. For enquiries, please call +44 207 654 3795 or email bunkers[at]holdingpmg.com.

Ukraine: VLSFO 0.5% pricing

Latest VLSFO 0.5% pricing for the key Ukrainian ports of Ilyichevsk, Nikolaev, Odessa and Yuzhniy is already available for Bunker Index subscribers in addition to other fuel oil and distillate grades. In order to subscribe, please click here.



The Buffalo 404 barge, owned by Buffalo Marine Service Inc., performing a bunker delivery. TFG Marine installs first ISO-certified mass flow meter on US Gulf bunker barge  

Installation marks expansion of company's digitalisation programme across global fleet.

Sogestran's fuel supply vessel, the Anatife, at the port of Belle-Île-en-Mer. Sogestran's HVO-powered tanker achieves 78% CO2 reduction on French island fuel runs  

Small tanker Anatife saves fuel while supplying Belle-Île and Île d'Yeu.

Crowley 1,400 TEU LNG-powered containership, Tiscapa. Crowley deploys LNG-powered boxship Tiscapa for Caribbean and Central American routes  

Vessel is the third in company's Avance Class fleet to enter service.

The inland LNG bunker vessel LNG London. LNG London completes 1,000 bunkering operations in Rotterdam and Antwerp  

Delivery vessel reaches milestone after five years of operations across ARA hub.

The M.V. COSCO Shipping Yangpu, China's first methanol dual-fuel containership. COSCO vessel completes maiden green methanol bunkering at Yangpu  

China's first methanol dual-fuel containership refuels with green methanol derived from urban waste.

Carsten Ladekjær, CEO of Glander International Bunkering. Glander International Bunkering reports stable performance amid regulatory changes  

Bunker trader achieves $3bn turnover and $22m pre-tax earnings for fiscal 2024-25.

Map of the Mediterranean Sea ULSFO demand surges in Med as ECA compliance drives fuel shift  

KPI OceanConnect reports accelerating ULSFO uptake across the region.

The Zale performing a bunker delivery. Monjasa reports Singapore as top bunker supply port with over 1 MMT delivered  

Supplier says world's largest bunkering hub became its biggest supply location in 2024.

Steel cutting ceremony for the 7,999 DWT chemical bunker tanker Lucia Cosulich at Taizhou Maple Leaf Shipbuilding Co., Ltd. in China. Fratelli Cosulich begins construction of second methanol-ready bunker tanker  

Italian firm starts steel cutting for 7,999 DWT chemical bunker vessel.

Petrobras logo. Petrobras introduces volume-based price discounts at Santos  

Brazilian oil company offers progressive discounts for bunker deliveries exceeding 1,500 tonnes.


↑  Back to Top