Piraeus bunker market braced for tightening barges

The bunker market at the Greek port of Piraeus is experiencing limited availability of barges and the shortfall will grow more marked over the weekend, sources said Thursday. “There will be some loading issues at the Hellenic refinery over the weekend, a low-sulfur fuel oil import cargo will take up one dock,” a supplier said.

“It will be tight on barges until Monday,” a trader said.

The busy barging schedule at the weekend will come after some delays loading at the refinery Wednesday night, sources said.

The refinery was not available for immediate comment.

Demand for bunker fuel at the port was weak in morning trading as the market waited for the outcome of an OPEC meeting on the subject of further production cuts.