EMEA News
Distillate Demand Picks up in ARA Bunker Market
Distillate bunker demand in the Amsterdam-Rotterdam-Antwerp market rivals that of low sulfur product, price reporting agency Argus Media has said.
Citing a number of regional bunker suppliers, the report says that distillate demand has picked up from the start of the year when 0.5% product was in the ascendent.
One bunker supplier's ARA January sales were 44% marine gasoil against 43% of 0.5% sulphur marine fuel oil. Another bunker supplier cited in the report had a 70% 30% distillate low sulfur split at the back end of last month.
A third supplier was selling equal amounts of the two bunker fuel grades late last month.
Marine gasoil sold in the ARA market has, at 0.1% sulfur, the added advantage of complying with emissions control area (ECA) regulations which cover the North and Baltic seas.
