CPC suspends new Kaohsiung LSMGO nominations amid tight barge schedule

State-owned bunker supplier CPC Corporation (CPC) has temporarily stopped accepting new LSMGO nominations for deliveries at Taiwan's Kaohsiung port due to a tight barge schedule.

IMAGE: The coastal urban landscape of the Port of Kaohsiung in Taiwan. Getty Images

LSMGO deliveries have been suspended since last Friday and will remain on hold until CPC clears its backlog of pending orders, according to a source.

The disruption has also affected VLSFO supply at Kaohsiung, with recommended lead times extending to 4-5 days, up from around three days last week.

Bunker supply conditions remain stable at Taiwan's other major ports. Recommended lead times for both VLSFO and LSMGO are around two days at Hualien, while Keelung and Taichung continue to have lead times of about three days, broadly unchanged from the previous week.

By Tuhin Roy

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