Connect with us

Environment

ENGINE: Global Fuel Availability Outlook

Lead times for Singapore’ VLSFO are longer by one day, while Fujairah is seeing better bunker fuel availability. Gibraltar, Rotterdam and Fujairah remain well supplied.

Admin

Published

on

energy

The following article regarding global bunker fuel availability outlooks with special attention to availability in Singapore has been provided by online marine fuels procurement platform ENGINE for publication on Singapore bunkering publication Manifold Times:

1 July 2021

Lead times for Singapore’ VLSFO are longer by one day, while Fujairah is seeing better bunker fuel availability. Gibraltar, Rotterdam and Fujairah remain well supplied.

Singapore’s total fuel oil stocks have risen to 50.49 million bbls on the week, on the back of higher imports and lower exports, Enterprise Singapore data showed on Thursday.

Fuel oil stocks rose by 2% to 23.95 million bbls in the bunkering hub, with lead times for VLSFO stems longer by one day to 7-8 days now, despite the weekly stockdbuild.

Lead times for HSFO380 and LSMGO are however steady for another week in the port. LSMGO stems continues to require 4-5 days of lead time, and HSFO380 up to 10 days.

Singapore’s fuel oil imports rose to a three-week high and remaining significantly higher from May’s weekly average for another week. At the same time, the bunkering hub’s fuel oil exports dropped to their lowest levels in three weeks.

The price difference between HSFO380 and VLSFO – the Hi5 spread – has been averaging around $120/mt this week in Singapore, with a lot of market volatility affecting bunker prices.

In Fujairah, bunker fuels are more readily available this week with lead times dropping for all three fuel grades. VLSFO and LSMGO stems now require 3-4 days each down from six days last week, which are now among the shortest across global bunkering hubs. More days are usually recommended for HSFO380 stems to ensure timely delivery.

The UAE bunker hub’s heavy distillate and fuel oil inventories fell by another 8% this week, to stand at 11.86 million bbls- their lowest levels in 11 weeks, data from the Fujairah Oil Industry Zone (FOIZ) and S&P Global Platts showed.

Gibraltar was congested in the beginning of the week with 5 vessels waiting to receive bunkers on Monday, as a supplier’s barges were delayed supplying vessels that were already in the port.

The backlog was quickly cleared without a significant number of vessels waiting to bunker in Gibraltar for the rest of the week. There were no vessels waiting to bunker neither delays in Algeciras and Ceuta either.

Gibraltar and ports in the Mediterranean remain well supplied without any disruptions, with product available for prompt delivery.

VLSFO and LSMGO are widely available in Rotterdam as well, and times for HSFO380 are considerably shorter at around three days in the ARA bunkering hub than the 8-10 days recommended in Singapore and Fujairah.  Fujairah and Singapore.

Gibraltar’s bunker prices were more resilient to Brent losses at the beginning of the week, resulting into the VLSFO price spread between Gibraltar and Rotterdam widening by $6/mt to $16/mt on Monday.

Fuel oil stocks have dropped to 12-week lows in the US, recording stockdraws across all regions, data from the EIA showed this week.

HSMajor bunker ports along the US Gulf Coast ports have readily available stems of all grades this week.  FO380 remains in tight supply across the US West Coast, including Los Angeles, Long Beach. Suppliers in Vancouver were replenished last week, but availability for prompt dates can still be tight.

The US has produced less fuel oil this week, led by large production drops in the West Coast and the Midwest, at 20,000 b/d and 6,000 b/d respectively, but production has increased in the Gulf Coast by 4,000 b/d.

 

Photo credit: Shaah Shahidh on Unsplash
Published: 2 July, 2021

Continue Reading

Methanol

GENA Solutions: Total renewable and low-carbon methanol project pipeline increases from 61.8 to 62.2 Mt by 2032

Information shared by MI – the Global Methanol Alliance meant to assist the maritime industry in the adoption of methanol as a mainstream marine fuel heading into IMO 2030/2050.

Admin

Published

on

By

28 1

MI – the Global Methanol Alliance recently shared with Manifold Times the renewable and low-carbon methanol project pipeline August 2026 release produced by GENA Solutions Oy.

Information from the release is meant to provide the bunkering publication’s readers with insight on renewable methanol availability, and to assist the maritime industry in the adoption of methanol as a mainstream marine fuel heading into IMO 2030/2050.

Key takeaways from GENA’s August 2026 Methanol release are as follows:

  • As of the end of August 2026, GENA tracks 286 renewable and low carbon methanol projects, representing 62.2 Mt of capacity by 2032. This includes 25.1 Mt of e-methanol, 25.9 Mt of biomethanol, and 11.2 Mt of low carbon methanol capacity.
  • Two new projects were added to Project Navigator last month, while one frozen project was excluded. The project pipeline increased by 0.4 Mt month on month.
  • Four new offtake agreements were registered during August, including two biomethanol and two e-methanol agreements.
  • About 8% of the cumulative renewable methanol project pipeline capacity has reached FID so far, with another 11% at the FEED stage.
  • Considering the current uncertainty around regulatory developments and demand growth, GENA projects that renewable methanol capacity could reach 6 Mt to 12 Mt by 2031.

Note: The full article can be viewed here.

Renewable methanol project pipeline 4 Renewable methanol by feedstock 8 Renewable methanol by region 7 Project pipeline by status Methanol capacity scenarios

 

Photo credit: GENA Solutions
Published: 4 September, 2026

Continue Reading

Business

Singapore: MPA urges maritime firms to prepare for potential haze with plan

MPA encourages all maritime companies, especially those with workers performing outdoor work to maintain a business continuity plan for haze.

Admin

Published

on

By

RESIZED SG bunker tanker

The Maritime and Port Authority of Singapore (MPA) on Monday (31 August) issued Port Marine Circular No. 9 of 2026 on steps for maritime companies to take for potential haze affecting Singapore:

BUSINESS CONTINUITY PLAN FOR HAZE

This circular supersedes Port Marine Circular No. 09 of 2023.

With reference to the National Environment Agency’s (NEA) joint media release issued on 9 August 2026, hotspots were observed in parts of Sumatra and Kalimantan, with prevailing winds potentially bringing smoke haze towards Singapore. The dry conditions may further increase the likelihood of haze affecting Singapore. The Maritime and Port Authority of Singapore (MPA) encourages all maritime companies, especially those with workers performing outdoor work to maintain a business continuity plan for haze.

MPA advises all maritime companies to monitor the PSI level through the media and the NEA’s website (www.haze.gov.sg), keep at least a one-week supply of N95 masks for workers especially those who work outdoors, and observe the Ministry of Manpower’s (MOM) Haze guidelines and advisory for work which can be found on their website (www.mom.gov.sg/haze). The latter include guidelines to ensure that stocks of N95 masks are periodically inspected, remain serviceable, and not expired.

The visibility in the Singapore Strait and port waters could be significantly reduced in the event of haze. During periods of restricted visibility, shipmasters are advised to keep a proper lookout and navigate with caution. They are also advised to comply with the International Regulations for Preventing Collisions at Sea and in particular Rule No. 19, Rule No. 20 and Rule 35 concerning conduct of vessels in restricted visibility, exhibition of navigation lights and sound signals in restricted visibility, respectively.

In the interest of safety of navigation and life at sea, the Port Master may restrict the movement of harbour craft and pleasure craft in the port waters during reduced visibility conditions.

 

Photo credit: Manifold Times
Published: 31 August, 2026

Continue Reading

Alternative Fuels

DNV report: Regulatory uncertainty demands fleet strategies built for multiple futures

Report examines four regulatory scenarios, ranging from adoption of IMO NZF in its current form to its outright rejection, energy efficiency uptake, and long-term bunker fuel and technology strategies.

Admin

Published

on

By

DNV report: Regulatory uncertainty demands fleet strategies built for multiple futures

Regulatory uncertainty is increasing pressure on shipowners to make investment decisions that remain viable across multiple future scenarios, said classification society DNV on Thursday (27 August). 

According to DNV’s 10th Maritime Forecast to 2050, stronger global regulatory signals could accelerate the uptake of energy-efficiency measures, enabling the global fleet to consume up to 25% less energy by 2050 compared to a scenario where regulation is driven by regions.

The report examines four regulatory scenarios, ranging from adoption of the IMO Net-Zero Framework (NZF) in its current form to its outright rejection, which could lead to a period of prolonged regulatory gridlock, and explores the implications of these outcomes for fuel demand, energy efficiency uptake, and long-term fleet fuel and technology strategies.

Cristina Saenz de Santa Maria, CEO Maritime, DNV, said: “Ships ordered today will operate well beyond 2050, but many of the factors shaping their future performance remain uncertain. Regulatory requirements are advancing faster than the fuel, infrastructure, and technological systems needed to support them, making long-term investment decisions increasingly complex. The industry therefore needs greater clarity and alignment among all stakeholders to provide the confidence required for long-term investment. In the meantime, shipowners need strategies that deliver benefits today while remaining resilient across a range of regulatory and market outcomes.”

Energy efficiency is one of the most immediate and practical levers available to shipowners, delivering value across regulatory outcomes whether implemented at the newbuild stage or as a retrofit. A case study of a hydrodynamic measures retrofit on a 5,000 TEU container vessel showed potential annual fuel savings of 16%, with a payback time of around one to four years depending on future fuel prices. Retrofits can add similar value across many ship types and with sufficient planning can typically be completed during a standard class-renewal dry docking.

The development of the marine low-GHG fuel market remains a key challenge. While significant progress has been made in expanding alternative-fuel capabilities of vessels, scaling fuel production depends on confidence that demand will materialize. DNV projects shipping demand for low-GHG fuels to range from 4 to 22 Mtoe by 2030 and 33 to 185 Mtoe by 2050, depending on regulatory outcomes, with uptake also shaped by future uptake of shore power, plug-in hybridization, nuclear power, and onboard carbon capture systems.

Current project pipelines indicate a maximum global supply of 270 Mtoe by 2030, although actual volumes are likely to be lower due to project delays and other uncertainties, and shipping will need to compete with other industries for its share. However, the cost of reducing emissions varies significantly between fuel pathways, with abatement costs ranging from about 180 to 1,290 USD per tonne of CO₂ avoided, highlighting the importance of regulation and market incentives in enabling low-GHG fuel markets to develop.

Øyvind Sekkesæter, lead author of Maritime Forecast to 2050, said: “Scenarios explored in this year’s report show how different regulatory futures can lead to very different outcomes in energy efficiency uptake, fuel demand, and consequently, GHG emissions. By testing fuel and technology choices across multiple scenarios, shipowners can identify strategies that create value today while preserving flexibility as regulation, fuel availability, prices, and technologies evolve. Strategies that each owner chooses will also be dependent on their fleet type and operating context.”

Key findings from the report: 

  • Several regulatory futures remain possible as the IMO continues negotiations on the Net-Zero Framework, with these outcomes shaping investment decisions, low-GHG fuel uptake, and energy-efficiency deployment across the global fleet.
  • With global regulatory incentives in place, the world-fleet could consume 25% less energy by 2050 than under a scenario limited to regional regulations.
  • Energy efficiency can pay off regardless of regulatory outcome – 5,000 TEU container ship case study shows 16% annual fuel savings from hydrodynamic measures retrofit.
  • Shipping demand for low-GHG fuels could range from 4 to 22 Mtoe by 2030, and 33 to 185 Mtoe by 2050, depending on regulatory outcomes and the availability of these fuels in a competitive global market.
  • Current project pipelines indicate that a maximum of 270 Mtoe of supply could be available by 2030, though actual volumes are likely to be lower due to project delays and other uncertainties, and shipping will need to compete with other industries for its share.
  • Testing fuel and technology strategies across different scenarios can help shipowners identify robust choices for an uncertain transition. Testing, piloting, and verifying technologies can provide the trusted performance data needed to make investment decisions with greater confidence.

Note: DNV’s 10th Maritime Forecast to 2050 can be found here. 

 

Photo credit: DNV
Published: 28 August, 2026

Continue Reading
Advertisement

OUR INDUSTRY PARTNERS



Trending