Honolulu and the Demand for Marine Fuel

Most international trade is seaborne. You can consider the ocean a super-highway, and the global fleet of ships - bulk carriers, tankers and container ships to be vital components of international commerce.

Here are some facts about the marine & bunker fuel industry that powers these ships from an oil company in Honolulu:

The two major bunker fuel classifications are distillates and residual fuel oils. Marine distillates are divided into:

Marine Gas Oil (MGO) 

Marine Diesel Oil (MDO)

Residual fuel oil, also known as heavy fuel oil, is the highest viscosity fuel oil. The most commonly used heavy fuel oils at sea are Intermediate Fuel Oils.

If you require any of these oils, you can purchase them from major oil companies, traders/brokers, independent physical suppliers, national government-owned supply companies, and non-major refiners.

The global market for marine fuel management is classified into seven regions. With a share of more than 40%, Asia Pacific led the global market in 2015. 

Asia Pacific countries have invested a lot into shipbuilding activities, flag conversions, and the replacement of old vessels with new marine fuel management systems, so they are likely to maintain their dominance and emerge as an attractive market for marine fuel management. You can expect trade routes to and from Asia Pacific to start seeing more traffic.

On a shipping route map, you can see that Honolulu lies on the route to the Far East and the Pacific Rim, which ensures large international trade. Tourism is also vibrant and many thousands of passengers visit every year on cruise ships. Large commercial fishing vessels, water taxis, barges, and private passenger vessels are also a part of port traffic.

 80% of Hawaii's goods are imported and come through the harbor system. Tugs and ocean-going barges carry cargo between the harbor and islands. 

You can observe millions of tons of foreign and domestic cargo including petroleum and petroleum products, manufactured equipment and machinery, food and farm products, chemicals and related products, forest products, wood, and wood chips, non-ferrous metal products and paper products as well as containerized cargo travel through the port regularly.

Honolulu is one of the busiest and oldest ports in the United States of America. Since Polynesian travelers landed there centuries back, the island's growth and development has benefited from the sea. The whaling industry was established there in the 18th century and what was once a sleepy fishing village became Honolulu Harbor. 

If you are looking for an oil company in Honolulu, here is something to consider. The International Maritime Organization has set a cap for sulfur content in marine fuels, as sulfur causes corrosion in the engine and has environmental implications.  You should note that North America is abundant in ultralow sulfur fuel oil (ULSFO) and MGO. Please take this into consideration when choosing a supplier.

If you are looking for information on Marine Fuel Suppliers in Honolulu, the author of this article suggests Clipper Oil.