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ENGINE: East of Suez Bunker Fuel Availability Outlook

Demand weak in Zhoushan; VLSFO availability good across most Indian ports; weather disruptions plague Sri Lankan 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:

3 January 2023

  • Demand weak in Zhoushan
  • VLSFO availability good across most Indian ports
  • Weather disruptions plague Sri Lankan ports

 

Singapore

Bunker demand for VLSFO has been average in Singapore coming off the New Year holidays, a source says. Recommended lead times for the grade have come down slightly to 10-12 days now, from two weeks previously.

Meanwhile, recommended lead times for HSFO in Singapore have gone up significantly, from 6-10 days to 12-14 days now. LSMGO availability remains good, with very short lead times of 2-4 days advised.

Singapore’s residual fuel oil stocks averaged 2% higher in December than in November, according to Enterprise Singapore. Singapore’s fuel oil imports and exports both averaged 15% lower in December, with imports notably declining to a seven-month low.

Meanwhile, Singapore’s middle distillate stocks remained roughly steady between November and December.

 

East Asia

Zhoushan continues to grapple with sluggish demand, a source says. Persistent weather disruptions throughout December contributed to cap bunker demand. Suppliers in the Chinese bunkering hub has been pricing VLSFO at competitive levels to other regional ports to spur demand.

Availability of VLSFO has been getting tighter in Zhoushan as replenishment cargoes have been delayed, a source says. Recommended lead times for VLSFO have increased slightly to around seven days for larger quantities, up from 3-4 days in the prior week. But lead times remain almost steady at 3-5 days for smaller quantities.

The arrival of replenishment cargo last week has eased the tightness for HSFO in Zhoushan, and availability of the grade no longer subject to enquiry. Another replenishment cargo is due for arrival in the second week of January, which is likely to alleviate the situation even further, a source says.

Lead times of around seven days are recommended for HSFO in Zhoushan now. Availability of LSMGO remains okay, with lead times of 3-5 days.

Demand remains very healthy in Hong Kong, and lead times of around seven days are recommended for all grades.

Meanwhile, lead times for all grades across South Korean ports are 4-8 days ahead, which is much shorter than the two weeks previously advised. Demand remains normal in South Korean ports, a source says.

Bad weather is forecast in the South Korean ports of Ulsan, Onsan, Daesan, Taean and Yeosu from Friday onwards, which might disrupt bunkering, a source says.

 

South Asia

VLSFO and LSMGO remains readily available in India’s Mumbai, with short lead times of 2-3 days.

Availability of VLSFO remains good in Mundra and Kandla on India’s northwest coast, with lead times of 2-3 days advised. Prompt delivery dates for LSMGO are available in Kandla. Bad weather, however, is forecast in Kandla and Sikka over the next few days, which might hamper bunkering in the ports.

Cochin and Chennai on the southern coast of India have good availability of both VLSFO and LSMGO, with lead times of 2-3 days recommended. Meanwhile, availability of both the grades remains subject to enquiry in Tuticorin.

Prompt dates are available for both VLSFO and LSMGO in Visakhapatnam on India’s southwestern coast.

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

The Sri Lankan port of Colombo has been grappling with bad weather since the beginning of this week, which has disrupted bunkering in the port’s outer port limits. However, weather has improved, and delivery of stems resumed on Tuesday, a source says.

Recommended lead times across all grades in Colombo are nine days, which is significantly up from four days last week.

Trincomalee, on the northeastern coast of Sri Lanka, has been bearing the brunt of bad weather so far this week. Suppliers have been attempting to make deliveries when the weather permits, a source says.

Middle East

Good bunker demand in Fujairah since the middle of December, coupled with tight availability, has led suppliers in the port to price its VLSFO at premiums to other major East of Suez ports.

Lead times of 8-10 days are recommended for the grade in Fujairah now. LSMGO has lead times of around nine days, while HSFO requires lead times of around seven days in the UAE port.

Prompt delivery dates for LSMGO are available in the Omani ports of Duqm, Sohar, Salalah and Muscat.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 4 January, 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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