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USAC conditions ease, bunker suppliers ready to resume operations

USAC conditions ease, bunker suppliers ready to resume operations
As Hurricane Irma veers off Florida’s Gulf Coast, sources at bunker fuel operators in Savannah, Georgia, and Charleston, South Carolina, say operations could resume as soon as respective port captains give their approvals.

A source at Vane Brothers, the barge company that supplies barges to bunker fuel suppliers along the Atlantic Coast said, “We heard Charleston will resume operations Tuesday and Savannah maybe Wednesday. As for Jacksonville, we still haven’t heard anything yet. We’re ready to go and just waiting for the restrictions to be lifted.”

At Colonial Fuel in Savannah, a person with knowledge of operations said, “We will resume operating tonight, but I haven’t heard from Vane when the barges will start operating.”

As of Monday at 4 pm EDT (9 pm GMT), Charleston and Savannah had imposed conditions that restrict vessel movements inside the port and require all cargo and bunkering operation to cease.

During the Platts Market on Close assessment process on Monday, 250 mt of IFO 380 in Savannah was offered from $335 to $331/mt and 150 mt of MGO was offered from $573 to $571/mt, both with a laycan of September 14-18, but no there were no buyers and no deals were closed.

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