Marine Link
Friday, January 19, 2018

Petrojam Offers to Buy Three Fuel Cargoes

Maritime Activity Reports, Inc.

August 4, 2014

Jamaica's refining company Petrojam has launched tenders to buy two 140,000-205,000 barrel cargoes combining gasoline, jet fuel and high-sulfur diesel and a 150,000 barrel cargo of fuel oil, all of them to be received on August 20-29 at Kingston, according to documents seen by Reuters on Monday.

Petrojam produces most of fuels demanded by Jamaica's domestic market at its 35,000 barrel per day Kingston refinery shared with Venezuela's state-run PDVSA, but it also buys finished products and feedstock on the open market.

The first cargo should arrive on August 20-22 containing 50,000 barrels of 84-octane gasoline, 50,000 barrels of 88-octane gasoline and 40,000 barrels of jet fuel.

The second cargo, scheduled to be unloaded on August 27-29, should include 50,000 barrels of 84-octane gasoline, 30,000 barrels of 88-octane gasoline, 35,000 barrels of jet fuel and 90,000 barrels of high-sulfur diesel (HSD).

The last one, only containing fuel oil IFO380, will be unloaded on August 25-29 at the same port.

The company will receive bids until August 7 for the combined cargoes and until August 11 for the fuel oil cargo. Prices must be indexed to unleaded gasoline 87, jet 54, gasoil number 2 and heavy fuel oil from the U.S. Gulf Coast.

(Reporting by Marianna Parraga)

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News