LaycanDesk
3,000–40,000 dwt · IMO II/III; stainless or epoxy-coated tanks; heating; FOSFA / NIOP previous-cargo compliance

Vegetable Oil & Palm Oil Tanker Chartering

Food-grade IMO II/III tankers for palm, sunflower and soybean oil parcels from Indonesia, Malaysia and the Black Sea. Vegetable oil tanker chartering for palm oil and olein, sunflower, soybean and rapeseed oil, and oleochemicals: parcels of 2,000 to 30,000 tonnes on tankers whose last three cargoes meet the FOSFA and NIOP lists, from Indonesia and Malaysia to India, Pakistan, East Africa and China and from the Black Sea to the Gulf, India and the Mediterranean.

Edible oils move on chemical and product tankers whose previous cargoes qualify them for food-grade cargo. The FOSFA and NIOP lists define which previous cargoes are acceptable, banned or acceptable subject to cleaning, and the last three cargoes of every tank decide whether it can load palm olein, sunflower oil or soybean oil at all; stainless or well-coated tanks with heating are the norm, because palm products solidify unless kept warm. Parcels run from 2,000 tonnes on a coastal ship to 30,000 tonnes on a deep-sea parcel tanker, and Indonesian and Malaysian palm into India and East Africa and Black Sea sunflower into the Gulf, India and the Mediterranean are the two big lanes.

A vegetable oil enquiry is fixed on the product and its grade, the quantity, the loading and discharge terminals, the laycan, the freight basis per tonne and the charterer of record, and on the previous-cargo standard the receiver will apply. We ask for those, then go to the operators whose tanks qualify. Owners and operators send positions with the last three cargoes per tank, and we put them against the parcels on the board; nothing goes out under a ship's name until the operator has approved the charterer.

Cargoes

  • Crude and refined palm oil and olein
  • Sunflower oil
  • Soybean and rapeseed oil
  • Oleochemicals and fatty acids
  • Molasses and glycerine on compatible tonnage

Lanes we work

  • Indonesia and Malaysia to India, Pakistan and East Africa
  • Black Sea sunflower to the Gulf, India and the Mediterranean
  • Southeast Asia regional palm parcels
  • South America soybean oil to India and the Gulf

Questions charterers and owners ask

What are the FOSFA and NIOP lists?

Lists kept by the Federation of Oils, Seeds and Fats Associations and the National Institute of Oilseed Products that classify previous cargoes as acceptable, banned or acceptable with cleaning for a following edible oil cargo. Contracts for edible oil name one of them, and the ship's last three cargoes per tank are checked against it before she is offered.

Why do palm products need heating?

Palm oil and olein solidify at ambient temperatures in most of the world, so the tanks are heated and the cargo is kept warm on passage and at discharge. The heating capacity and the coils or heat exchangers are part of the particulars we ask an owner for.

What parcel sizes do you work?

From about 2,000 tonnes on a coastal ship within Southeast Asia to 30,000 tonnes or more on a deep-sea parcel tanker from Indonesia or the Black Sea into India, the Gulf and East Africa.

What do you need from an owner?

Ship's name and IMO number, tank coating and heating, the last three cargoes per tank, current position and open dates, and a freight idea for a typical parcel. Positions to desk-a005f1@in.laycandesk.com.

Other vessel types