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ENGINE: East of Suez Bunker Fuel Availability Outlook

VLSFO availability tight in Singapore; weather might disrupt bunkering in South Korea; LSMGO availability good in Omani ports.
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ENGINE East of Suez Bunker Fuel Availability Outlook

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:

27 December 2022

  • VLSFO availability tight in Singapore
  • Weather might disrupt bunkering in South Korea
  • LSMGO availability good in Omani ports

 

Singapore

VLSFO availability remains tight in Singapore with recommended lead times increasing slightly to 12-14 days from 11-13 days in the prior week. Demand for the grade in the port remains normal, a source says.

Lead times for HSFO in Singapore have come down to 6-10 days from 9-12 days previously. LSMGO has the shortest lead times among the grades in Singapore at 3-5 days.

Residual fuel oil stocks in Singapore have averaged 2% higher so far in December than in November, according to Enterprise Singapore. The Net fuel oil imports have fallen 21% in Singapore, so far this month, with both fuel oil imports and exports declining by 18% and 11%, respectively.

Meanwhile, Singapore’s middle distillate stocks have averaged 2% lower, so far, in December than the average in November.

 

East Asia

Zhoushan continues to price its VLSFO at levels lower than other major Asian hubs. Chinese port’s bunkering has been grappling with sluggish demand and weather disruptions, a source says.

Availability of VLSFO and LSMGO in Zhoushan remains good, with lead times remaining almost steady throughout the week at 3-4 days and 2-3 days, respectively.

HSFO availability remains subject to availability in Zhoushan as most suppliers are sold out and replenishment cargoes are due to arrive in January, a source says.

Availability across all grades is tight in Hong Kong, with recommended lead times remaining steady at seven days from the past week.

Recommended lead time across all grades in South Korean ports is two weeks out now, but one supplier can offer the grades at much shorter lead times of around five days, a source says.

Bad weather has disrupted bunkering in the South Korean ports of Busan, Onsan and Ulsan so far this week. Bad weather is forecast at South Korean ports till 31 December, which might impact bunkering, a source says.

 

South Asia

Availability of VLSFO and LSMGO remains good in Mumbai, with short lead times of 2-3 days.

Recommended lead times for VLSFO in Mundra and Kandla on India’s northwest coast are around 2-3 days. LSMGO remains readily available in Kandla.

Prompt dates for both VLSFO and LSMGO remain available in Cochin and Chennai on the southern coast of India. While VLSFO availability remains good in Tuticorin, LSMGO is subject to the enquiry at the port.

Visakhapatnam on India’s southwestern coast has short lead times of 2-3 days for both VLSFO and LSMGO.

Meanwhile, Paradip on India’s east coast has almost run out of VLSFO. Haldia has good availability of VLSFO.

One supplier can offer all the grades in Sri Lanka’s Colombo, with lead times of four days.

 

Middle East

High demand with loading delays has contributed to tightness in Fujairah’s market. Availability of all grades remains tight in the UAE port, with recommended lead times increasing to 9-12 days from 8-9 days in the prior week.

The Omani ports of Duqm, Sohar, Salalah and Muscat have good availability of LSMGO, with short lead times of 2-3 days.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 28 December, 2022

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Winding up

Singapore: Xihe Holdings subsidiaries to be wound up voluntarily, creditors to submit claims

Creditors of Da Zhong Tankers and Xin Ying Shipping are required on or before 17 July 2026 to send in their names and addresses and particulars of their debts or claims to appointed liquidators, says notice.
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June 19, 2026

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Xihe Holdings Pte Ltd subsidiaries Da Zhong Tankers Pte Ltd and Xin Ying Shipping Pte Ltd will voluntarily wind up following resolutions that were passed by written means, according to a Government Gazette notice published on Thursday (18 June).

The resolutions set out below were duly passed:

  • SPECIAL RESOLUTION – WINDING-UP

That the Company be wound up voluntarily pursuant to section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.

  • ORDINARY RESOLUTION – APPOINTMENT OF LIQUIDATORS

That Paresh Tribhovan Jotangia and Ho May Kee of Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960 be and are hereby appointed as joint and several liquidators to conduct the said winding-up and that their remuneration be fixed on the usual scale of their professional charges for the work involved.

  • SPECIAL RESOLUTION – POWERS OF LIQUIDATORS

That the liquidators of the Company be authorised to exercise any of their powers given by section 177, 144 (1) and (2) of the Insolvency, Restructuring and Dissolution Act 2018 and to distribute to members, in specie, any part of the assets of the Company.

In another notice, the liquidator of the company said creditors are required on or before 17 July 2026 to send in their names and addresses with particulars of their solicitors (if any) to liquidator Paresh Tribhovan Jotangia at Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960. 

The liquidator may require creditors or their solicitors to “come in and prove their said debts or claims at such time and place as shall be specified in such notice or in default thereof, they will be excluded from the benefit of any distribution made before such debts are proved.”

Related: Singapore: Additional Xihe Holdings subsidiaries to be placed under judicial management

 

Photo credit: steve pb from Pixabay
Published: 19 June, 2026

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Winding up

Singapore: Liquidator of Parakou Shipping issues notice of dividend

Second and final dividend to admitted creditors of Parakou Shipping is payable by 14 July, according to Government Gazette notice.

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June 19, 2026

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A notice of dividend for Parakou Shipping Pte Ltd, which is currently in voluntary liquidation, was published on the Government Gazette on Thursday (18 June). 

The following are the details of the notice:

Name of Company : Parakou Shipping Pte Ltd (In Creditors’ Voluntary Liquidation)
Address of Registered Office : c/o KordaMentha, 50 Raffles Place, 25-01 Singapore Land Tower, Singapore 048623
Amount per centum : 0.55 per centum of admitted claims (in accordance with the Order of Court HC/ORC 4175/2024)
First and Final or otherwise : Second and Final Dividend to admitted creditors (in accordance with the Order of Court HC/ORC 4175/2024)
When payable : By 14 July 2026
Where payable : c/o KordaMentha Pte Ltd, 50 Raffles Place, #25-01 Singapore Land Tower, Singapore 048623

Related: Singapore: Notice of intended dividend issued for Parakou Shipping Pte Ltd

 

Photo credit: Benjamin Child
Published: 19 June, 2026

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Alternative Fuels

MOL inks bio-LNG bunker fuel supply deals with Titan and Axpo for car carriers in Europe

Titan, part of Amsterdam-based Molgas, will continue to supply bio-LNG fuel in Northwest Europe, while Axpo will take charge of supply in the Mediterranean region.
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June 19, 2026

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MOL inks bio-LNG bunker fuel supply deals with Titan and Axpo for car carriers in Europe

Mitsui OSK Lines (MOL) on Thursday (18 July) said it has signed new supply agreements in Northern Europe and the Mediterranean region to expand the use of bio-LNG marine fuel on MOL-operated LNG-fuelled car carriers.

Titan, part of Amsterdam-based Molgas, will continue to supply bio-LNG fuel in Northwest Europe, while Axpo will take charge of supply in the Mediterranean region.

MOL said the agreement makes it possible for its company to supply bio-LNG fuel for automobile carriers in the Mediterranean region, specifically Port of Malaga and Barcelona in Spain, following the bio-LNG fuel supply agreement in Western Europe, which commenced in March last year.

The bio-LNG fuel to be supplied in this initiative has a lifecycle carbon intensity (carbon dioxide emissions per unit of energy consumption) of -15 g-CO2/MJ or less, from production through consumption. Furthermore, this bio-LNG fuel has obtained International Sustainability and Carbon Certification (ISCC-EU). 

“Through this supply agreement, MOL has established a framework that ensures a continuous and stable supply of bio-LNG fuel not only in Northern Europe but also in the Mediterranean,” the company said.

As part of the group’s efforts to adopt alternative fuels and achieve net-zero greenhouse gas (GHG) emissions, it is utilising LNG-fuelled vessels as a bridge solution to facilitate the transition to carbon-neutral fuels such as bio-LNG and synthetic LNG (e-methane).

In 2025, MOL signed a bio LNG fuel supply agreement in Northwest Europe with Titan, part of the Molgas, and MOL has continued this bio LNG fuel supply agreement with the same company in 2026 as well.

 

Photo credit: Mitsui OSK Lines
Published: 19 June, 2026

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