2006 November 16   10:17

New York bunkering

The bunker market in New York has been expanding by around 5% per year since 2000, apparently due to the increase in container vessels servicing the region.

The total volume of sales in open to debate, however.  At the end of last year, estimates by leading players put sales at 2.3-2.5 million tonnes (mt) annually.  Sources spoken to recently by Bunkerworld suggested that monthly volumes were around 250-300,000 mt per month, or 3-3.6 million mt annually - a substantially higher number.

In the absence of accurate figures, New York is typically considered to be one of the big three US bunkering ports, alongside Houston and Los Angeles.  Its competitor ports, however, are those on the US East Coast, such as Philadelphia, Norfolk and Savannah, which are often on container routes from Asia.

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