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US West Coast Emerges as Likely Ethanol Supplier for Asian Importers

Asia, Business News/Analysis, Infrastructure, Marketing/Market Forces and Sales, Opinions, Oregon, Philippines, Terminals Transport
July 5, 2016
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by Toh Wei Zheng (Platts)  The US West Coast is set to become a new export outlet for ethanol cargoes to Asia as competition heats up among traders and producers to capture more market share in the region, sources said on the sidelines of an industry conference late last week.

An independent oil company in the Philippines had chartered a vessel to carry 16,000 cu m of anhydrous fuel-grade ethanol from US state of Oregon, the first shipment of ethanol from the US West Coast to Asia, according to sources at the Wiz Ethanol Asia Conference held in Singapore last week.

…

The US West Coast has emerged as an alternative source for ethanol as traditionally, exports to Asia load from the southern Gulf Coast.

Apart from a swifter voyage across the Pacific Ocean that does not involve either a detour via the Panama Canal or around Africa, industry participants said that vessels would be able to avoid the congestion that has plagued Gulf Coast ports periodically.  READ MORE

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Asiafuel transportationimport/exportInternational Trademarkets/salesOregonPhilippines
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