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ENGINE: East of Suez Bunker Fuel Availability Outlook

Prompt VLSFO and HSFO supply tight in Singapore; bad weather hinders bunkering in Zhoushan; 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:

18 April 2023

  • Prompt VLSFO and HSFO supply tight in Singapore
  • Bad weather hinders bunkering in Zhoushan
  • LSMGO availability good in Omani ports

 

Singapore

Demand has been slow in Singapore so far this week. All bunker grades remain tight in the port. Lead times of 10-12 days are recommended for VLSFO deliveries – slightly lower than last week’s 11-13 days, while HSFO requires 4-11 days – marginally up from 3-10 days last week.

LSMGO supply is said to be normal there, requiring lead times of 3-7 days – almost unchanged from last week.

Singapore’s residual fuel oil stocks have averaged 6% higher so far this month than in March, according to Enterprise Singapore. Stocks are higher despite a 51% drop in net imports. Exports are up by a massive 55%, while imports are down by 18% to a nine-month low. This has pushed the port’s trade balance further into net exports this month.

Meanwhile, Singapore’s middle distillate stocks have declined by 6% so far this month over March levels.

 

East Asia

Bunker deliveries have resumed at Zhoushan’s slightly more sheltered Xiushandong anchorage and at the port’s inner anchorage of Mazhi on Tuesday after being suspended by rough weather since Sunday, a source says.

Meanwhile, bunkering is still suspended at the port’s Tiaozhoumen and Xiazhimen anchorages. Calmer weather conditions from Friday could allow bunkering to fully resume across anchorages.

Lead times of 5-7 days are generally recommended for VLSFO and HSFO deliveries in the Chinese bunkering hub – unchanged from last week. LSMGO availability is good, with lead times of 3-5 days.

In Hong Kong, HSFO availability has become more limited and subject to enquiry. But availability of VLSFO and LSMGO has improved in the port. Lead times have halved from past week’s 8-9 days to around four days now.

Meanwhile, availability across all bunker fuel grades have improved in South Korean ports. While lead times for all grades have shortened in southern South Korean ports from 3-10 days last week to 3-7 days now, lead times across all fuel grades are even shorter in western South Korean at 4-5 days.

South Korean ports have been pricing VLSFO very competitively recently, which might spur further demand in the days to come, a source says.

Rough weather conditions are forecast between 21-24 April and could trigger intermittent suspensions or disrupt deliveries in the ports in the South Korean ports of Ulsan, Onsan, Daesan, Taean and Yeosu.

Adverse weather conditions are also predicted to hamper bunker deliveries in the Thai port of Koh Sichang between 21-22 April, the Vietnamese port of Hai Phong between 21-23 April, and the Kiwi port of Tauranga on 22 April.

 

South Asia

VLSFO and LSMGO availability remains good in India’s Visakhapatnam and Kandla, with shorter lead time of 2-3 days.

Cochin and Chennai on the southern coast of India also have good availability, while VLSFO and LSMGO remain subject to availability in Mumbai. Both grades remain subject to enquiry in Tuticorin and Haldia ports. One supplier in Paradip is running low on VLSFO stocks.

However, bad weather may disrupt bunkering in India’s west coast ports of Sikka and Kandla between 20-22 April and 19-22 April, respectively, and in the southwestern port of Visakhapatnam on 19-22 April, a source says.

The Sri Lankan ports of Colombo and Trincomalee have good availability of LSMGO, with prompt dates available.

 

Middle East

Prompt availability of all bunker fuel grades is tight in Fujairah as several suppliers are still grappling with loading delays caused by bad weather last week. Demand has been good in the port, a source says. Lead times of 5-7 days are recommended across all grades – similar to last week. However, some suppliers can offer prompt stems for all grades depending on the quantity, a source says.

Lead times of 5-7 days are also advised across all fuel grades in another UAE port of Khorfakkan – unchanged over the last couple of weeks.

The Omani ports of Muscat, Salalah, Sohar and Duqm have LSMGO readily available.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 19 April, 2023

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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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