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    <title>Business Recorder - Markets - Energy</title>
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    <description>Business Recorder</description>
    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Fri, 14 Aug 2026 04:49:09 +0500</pubDate>
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    <ttl>60</ttl>
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      <title>U.S. military looking for up-to 476,000 T marine fuel for Asia</title>
      <link>https://www.brecorder.com/news/2267/us-military-looking-for-up-to-476000-t-marine-fuel-for-asia</link>
      <description>&lt;p class="MsoPlainText"&gt;&lt;span size="2" style="font-size: 10pt;"&gt;&lt;span face="Courier New" style="font-family: Courier New;"&gt;&lt;span lang="EN-GB"&gt;&lt;img width="300" src="https://i.brecorder.com/images/stories/OIL-TANK-2.jpg" height="221" style="float: left; margin-bottom: 10px; margin-right: 10px;" /&gt;SINGAPORE&lt;/span&gt;&lt;span lang="EN-GB"&gt;: The &lt;/span&gt;&lt;span lang="EN-GB"&gt;U.S.&lt;/span&gt;&lt;span lang="EN-GB"&gt; military is seeking up to 476,000 tonnes of marine fuel to be delivered at various Asian ports, including &lt;/span&gt;&lt;span lang="EN-GB"&gt;Singapore&lt;/span&gt;&lt;span lang="EN-GB"&gt;, &lt;/span&gt;&lt;span lang="EN-GB"&gt;China&lt;/span&gt;&lt;span lang="EN-GB"&gt; and &lt;/span&gt;&lt;span lang="EN-GB"&gt;India&lt;/span&gt;&lt;span lang="EN-GB"&gt;, according to tender documents.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;" lang="EN-GB"&gt;&lt;span size="2"&gt;&lt;span face="Courier New" style="font-family: Courier New;"&gt;The fuel, for delivery between Oct. 1, 2011, and Oct. 31, 2016, comprises of around 391,000 tonnes of marine gas oil, 61,000 tonnes of 180-centistoke (cst) fuel oil and 24,000 tonnes of 380-cst fuel oil, according to the documents, posted on Feb. 4 on the website of the Defense Logistics Agency, the logistics arm of the U.S. Department of Defence.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;" lang="EN-GB"&gt;&lt;span size="2"&gt;&lt;span face="Courier New" style="font-family: Courier New;"&gt;"I've seen them come to the market before but the delivery period is usually around one year," said a Singapore-based bunker trader. "Five years is very long and probably only big players who can hedge long-term contracts can take these deals.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span size="2" style="font-size: 10pt;"&gt;&lt;span face="Courier New" style="font-family: Courier New;"&gt;&lt;span lang="EN-GB"&gt;The total volume is not large when spread over five years and unlikely to impact the market, traders said. The amount of marine gas oil sought translates to around 78,000 tonnes a year, compared to 1.6 million tonnes sold last year in &lt;/span&gt;&lt;span lang="EN-GB"&gt;Singapore&lt;/span&gt;&lt;span lang="EN-GB"&gt;, the world's largest bunkering port.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span size="2" style="font-size: 10pt;"&gt;&lt;span face="Courier New" style="font-family: Courier New;"&gt;&lt;span lang="EN-GB"&gt;The fuel will be used by &lt;/span&gt;&lt;span lang="EN-GB"&gt;U.S.&lt;/span&gt;&lt;span lang="EN-GB"&gt; military and civilian vessels at ports that come under U.S. Pacific Command's area of responsibility, the documents showed.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;" lang="EN-GB"&gt;&lt;span size="2"&gt;&lt;span face="Courier New" style="font-family: Courier New;"&gt;The logistics of potentially having to supply to such a large number of ports is also likely to deter sellers, the trader said.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span size="2" style="font-size: 10pt;"&gt;&lt;span face="Courier New" style="font-family: Courier New;"&gt;&lt;span lang="EN-GB"&gt;The ports eligible to receive the bunker fuel also include &lt;/span&gt;&lt;span lang="EN-GB"&gt;Australia&lt;/span&gt;&lt;span lang="EN-GB"&gt;, &lt;/span&gt;&lt;span lang="EN-GB"&gt;Micronesia&lt;/span&gt;&lt;span lang="EN-GB"&gt;, &lt;/span&gt;&lt;span lang="EN-GB"&gt;Japan&lt;/span&gt;&lt;span lang="EN-GB"&gt;, &lt;/span&gt;&lt;span lang="EN-GB"&gt;Korea&lt;/span&gt;&lt;span lang="EN-GB"&gt;, &lt;/span&gt;&lt;span lang="EN-GB"&gt;Malaysia&lt;/span&gt;&lt;span lang="EN-GB"&gt;, &lt;/span&gt;&lt;span lang="EN-GB"&gt;Marshall&lt;/span&gt;&lt;span lang="EN-GB"&gt; &lt;/span&gt;&lt;span lang="EN-GB"&gt;Island&lt;/span&gt;&lt;span lang="EN-GB"&gt;, &lt;/span&gt;&lt;span lang="EN-GB"&gt;Northern Marianas&lt;/span&gt;&lt;span lang="EN-GB"&gt;, &lt;/span&gt;&lt;span lang="EN-GB"&gt;Philippines&lt;/span&gt;&lt;span lang="EN-GB"&gt;, the &lt;/span&gt;&lt;span lang="EN-GB"&gt;Maldives&lt;/span&gt;&lt;span lang="EN-GB"&gt; and &lt;/span&gt;&lt;span lang="EN-GB"&gt;Thailand&lt;/span&gt;&lt;span lang="EN-GB"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span size="2" style="font-size: 10pt;"&gt;&lt;span face="Courier New" style="font-family: Courier New;"&gt;&lt;span lang="EN-GB"&gt;U.S.&lt;/span&gt;&lt;span lang="EN-GB"&gt; investment bank Morgan Stanley and U.S firm 3D Global Solutions, which provide consulting services to organisations seeking to do business with the military, have so far indicated their interest in supplying the fuel.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;span size="2"&gt;&lt;span face="Courier New" style="font-family: Courier New;"&gt;&lt;span lang="EN-GB"&gt;Interested suppliers have to respond by &lt;/span&gt;&lt;span lang="EN-GB"&gt;April 8, 2011&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span lang="EN-GB"&gt;&lt;span face="Courier New" size="2" style="font-family: Courier New;"&gt;, according to the documents.&lt;/p&gt;
&lt;p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;center&gt;&lt;span style="font-size: 10pt;"&gt;&lt;b&gt;&lt;i&gt;Copyright Reuters, 2011&lt;/i&gt;&lt;br /&gt;&lt;/b&gt;&lt;/span&gt;&lt;/center&gt;&lt;/p&gt;
</description>
      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p class="MsoPlainText"><span size="2" style="font-size: 10pt;"><span face="Courier New" style="font-family: Courier New;"><span lang="EN-GB"><img width="300" src="https://i.brecorder.com/images/stories/OIL-TANK-2.jpg" height="221" style="float: left; margin-bottom: 10px; margin-right: 10px;" />SINGAPORE</span><span lang="EN-GB">: The </span><span lang="EN-GB">U.S.</span><span lang="EN-GB"> military is seeking up to 476,000 tonnes of marine fuel to be delivered at various Asian ports, including </span><span lang="EN-GB">Singapore</span><span lang="EN-GB">, </span><span lang="EN-GB">China</span><span lang="EN-GB"> and </span><span lang="EN-GB">India</span><span lang="EN-GB">, according to tender documents.</span></span></span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;" lang="EN-GB"><span size="2"><span face="Courier New" style="font-family: Courier New;">The fuel, for delivery between Oct. 1, 2011, and Oct. 31, 2016, comprises of around 391,000 tonnes of marine gas oil, 61,000 tonnes of 180-centistoke (cst) fuel oil and 24,000 tonnes of 380-cst fuel oil, according to the documents, posted on Feb. 4 on the website of the Defense Logistics Agency, the logistics arm of the U.S. Department of Defence.</span></span></span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;" lang="EN-GB"><span size="2"><span face="Courier New" style="font-family: Courier New;">"I've seen them come to the market before but the delivery period is usually around one year," said a Singapore-based bunker trader. "Five years is very long and probably only big players who can hedge long-term contracts can take these deals.</span></span></span></p>
<p class="MsoPlainText"><span size="2" style="font-size: 10pt;"><span face="Courier New" style="font-family: Courier New;"><span lang="EN-GB">The total volume is not large when spread over five years and unlikely to impact the market, traders said. The amount of marine gas oil sought translates to around 78,000 tonnes a year, compared to 1.6 million tonnes sold last year in </span><span lang="EN-GB">Singapore</span><span lang="EN-GB">, the world's largest bunkering port.</span></span></span></p>
<p class="MsoPlainText"><span size="2" style="font-size: 10pt;"><span face="Courier New" style="font-family: Courier New;"><span lang="EN-GB">The fuel will be used by </span><span lang="EN-GB">U.S.</span><span lang="EN-GB"> military and civilian vessels at ports that come under U.S. Pacific Command's area of responsibility, the documents showed.</span></span></span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;" lang="EN-GB"><span size="2"><span face="Courier New" style="font-family: Courier New;">The logistics of potentially having to supply to such a large number of ports is also likely to deter sellers, the trader said.</span></span></span></p>
<p class="MsoPlainText"><span size="2" style="font-size: 10pt;"><span face="Courier New" style="font-family: Courier New;"><span lang="EN-GB">The ports eligible to receive the bunker fuel also include </span><span lang="EN-GB">Australia</span><span lang="EN-GB">, </span><span lang="EN-GB">Micronesia</span><span lang="EN-GB">, </span><span lang="EN-GB">Japan</span><span lang="EN-GB">, </span><span lang="EN-GB">Korea</span><span lang="EN-GB">, </span><span lang="EN-GB">Malaysia</span><span lang="EN-GB">, </span><span lang="EN-GB">Marshall</span><span lang="EN-GB"> </span><span lang="EN-GB">Island</span><span lang="EN-GB">, </span><span lang="EN-GB">Northern Marianas</span><span lang="EN-GB">, </span><span lang="EN-GB">Philippines</span><span lang="EN-GB">, the </span><span lang="EN-GB">Maldives</span><span lang="EN-GB"> and </span><span lang="EN-GB">Thailand</span><span lang="EN-GB">.</span></span></span></p>
<p class="MsoPlainText"><span size="2" style="font-size: 10pt;"><span face="Courier New" style="font-family: Courier New;"><span lang="EN-GB">U.S.</span><span lang="EN-GB"> investment bank Morgan Stanley and U.S firm 3D Global Solutions, which provide consulting services to organisations seeking to do business with the military, have so far indicated their interest in supplying the fuel.</span></span></span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;"><span size="2"><span face="Courier New" style="font-family: Courier New;"><span lang="EN-GB">Interested suppliers have to respond by </span><span lang="EN-GB">April 8, 2011</span></span></span><span lang="EN-GB"><span face="Courier New" size="2" style="font-family: Courier New;">, according to the documents.</p>
<p></span></span></span></p>
<p><center><span style="font-size: 10pt;"><b><i>Copyright Reuters, 2011</i><br /></b></span></center></p>
]]></content:encoded>
      <category>Markets</category>
      <guid>https://www.brecorder.com/news/2267</guid>
      <pubDate>Tue, 08 Feb 2011 11:47:02 +0500</pubDate>
      <author>none@none.com (Muhammad Iqbal)</author>
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