This is a legacy page. Please click here to view the latest version.
Mon 9 Dec 2019, 12:18 GMT

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 credit: 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.



Keel-laying ceremony of an LNG carrier and bunker vessel hull no. S-1123. Avenir lays keel for new LNG carrier and bunkering vessel  

Marine fuel supplier has commenced construction of Hull No. S-1123 as part of its newbuild programme.

Hydrogen production unit. Aurora Hydrogen secures $3m from Oldendorff Overseas Investments for hydrogen production  

Investment advances microwave-driven methane pyrolysis technology that produces hydrogen from natural gas.

Electric ferry charging infrastructure. Corvus Energy and Beyonder sign MoU to develop maritime battery systems  

Norwegian companies to explore next-generation energy storage solutions for shipping sector decarbonisation.

Avenir Ascension vessel. Anew Climate and Avenir complete first joint bio-LNG bunkering in Europe  

Partnership delivers waste-based bio-LNG from Lithuania to Swedish ferry operator via Klaipėda terminal.

Flex Commodities logo. Flex Commodities changes legal suffix from DMCC to FZCO under Dubai naming framework  

Administrative change aligns marine fuel trader with new UAE free zone company naming conventions.

Capu Rossu vessel. Stena RoRo takes delivery of 13th E-Flexer vessel from Chinese shipyard  

Capu Rossu handed over to Corsica Linea for Marseille-Corsica route starting mid-June.

Caspar Gooren, Titan. Titan Clean Fuels signs e-methane supply deal with TURN2X for 2028 delivery  

Bunker supplier to receive e-methane from Spanish production plant for distribution across European ports.

Hydrogen-fuelled engine 6UEC35LSGH. Japan consortium achieves hydrogen co-firing in main engine for large commercial vessel  

Engine reaches over 95% hydrogen co-firing ratio, with installation planned for 2027.

BTB bunker truck. Belgian Trading & Bunkering expands DMA 0.89 truck deliveries in ARA region  

BTB extends marine fuel offerings with truck-based deliveries to meet maritime market demand.

Fuel pathway roundtable meeting participants. ABS convenes roundtable on offshore power barge for Great Lakes emissions reduction  

Meeting brought together ports, academia and industry to advance shore power solution under EPA programme.


↑  Back to Top