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ENGINE: East of Suez Bunker Fuel Availability Outlook

HSFO tight in Fujairah and Singapore; Singapore-flagged ships incentivised to use low carbon fuels; strong demand tightens supply of all grades in Hong Kong

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The following article regarding regional bunker fuel availability outlook for the East of Suez region has been provided by online marine fuels procurement platform ENGINE for publication on Singapore bunkering publication Manifold Times:

26 April 2022

  • HSFO tight in Fujairah and Singapore
  • Singapore-flagged ships incentivised to use low carbon fuels
  • Strong demand tightens supply of all grades in Hong Kong  

Singapore

HSFO380 remains “super tight” in Singapore with recommended lead times of 20-21 days. VLSFO is also tight with around 11-13 days of lead time recommended, while LSMGO is more readily available with 5-6 days of recommended lead time.

HSFO380 availability is expected to remain tight in Singapore as some suppliers are hesitant to offer after a major organic chloride contamination incident. Buyers are requesting more elaborate fuel screening to detect chlorides, sources say.

Singapore’s HSFO380 delivered price premium over ex-wharf has widened substantially from last month, likely driven by contamination concerns and tighter availability, a source said.

Meanwhile, the port’s residual fuel oil stocks swelled to five-week highs last week, and its middle distillate stocks to five-month highs, according to Enterprise Singapore.

According to forward-looking cargo tracking data from Vortexa, Singapore is set to increase its share of HSFO imports from Venezuela, Bahrain, Mexico, Russia and South Korea in the last week of April and through May, compared to the year to date.

This could make up for dwindling HSFO imports from the US, Netherlands, Greece and Turkey. Fujairah is still Singapore’s biggest source of HSFO imports.

The Maritime Port Authority of Singapore (MPA) announced that under its Green Ship Programme it will offer discounted registration fees and tax rebates to Singapore-flagged ships that have lower emissions and use cleaner fuels from next month.

East Asia

Bunker demand in Hong Kong remains robust, sources say. VLSFO and LSMGO supply has tightened some, mainly because of busy barge schedules which make lead times more unpredictable.

HSFO380 continues to be tight in Hong Kong as the grade is available with only some suppliers. Demand for the grade has spiked in the past weeks as Singapore struggles with contamination issues.

Availability is slightly tight in South Korean ports. Recommended lead times for VLSFO and LSMGO grades are 5-7 days, sources say. Demand remains roughly steady.

Bunker operations were suspended by bad weather in Zhoushan on Monday and Tuesday, sources say. Some suppliers can offer limited prompt volumes of VLSFO and LSMGO, while HSFO380 supply is tighter.

A supplier in Port Klang can offer limited volumes of VLSFO and LSMGO for prompt deliveries, sources say.

South Asia

In Colombo, prompt availability of VLSFO and LSMGO are more difficult to find now due to tight barge schedules, sources say. HSFO380 is tight with little volume to sell.

Bunker fuel availability remains normal at India’s Mumbai port. Some suppliers can offer prompt deliveries for VLSFO and LSMGO, sources say. In Mundra, HSFO380 and VLSFO availability is normal and recommended lead times are around 6-7 days, while LSMGO is said to be unavailable, sources say.

Availability in Visakhapatnam is normal for VLSFO and LSMGO, a supplier can offer prompt deliveries.

In Chittagong, availability is tight for VLSFO and LSMGO. A supplier can offer limited deliveries for VLSFO.

Middle East

HSFO380 remains “super tight” in Fujairah with recommended lead times of 12 days. A shorter 6-7 days is recommended for LSMGO and five days for VLSFO.

With strong bunker demand in Fujairah, suppliers have generally been keener to offer VLSFO and LSMGO stems above certain quantities, a source said.

Availability of VLSFO and LSMGO remains normal in the Omani ports of Duqm and Sohar, sources say.

In Port of Suez, availability is tight across all grades, sources say.

 

Photo credit and source: ENGINE
Published: 27 April, 2022

 

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Alternative Fuels

Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

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Alternative Fuels

LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

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Alternative Fuels

DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

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