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ENGINE: East of Suez Bunker Fuel Availability Outlook

Rough weather hampers bunkering in Zhoushan; LSMGO availability good in Omani ports; prompt availability is tight in Fujairah.

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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:

30 May 2023

  • Rough weather hampers bunkering in Zhoushan
  • LSMGO availability good in Omani ports
  • Prompt availability is tight in Fujairah

 

Singapore

Singapore has been witnessing average demand so far this week. Prompt availability is tight for all grades in the bunker hub.

VLSFO and HSFO require lead times of 9-11 days and 7-12 days, respectively – up from 8-9 days and 6-10 days in the previous week.

Recommended lead times for LSMGO have also increased to 6-9 days from 5-7 last week.

Singapore’s residual fuel oil stocks have averaged 19% lower so far in May than across April, according to Enterprise Singapore. The port’s net fuel oil imports have plunged 23% lower so far this month and to their lowest level since last August. Both imports and exports are down this month. Fuel oil imports are down by 22% to a 15-month low of 22%, and fuel oil exports have also declined by 20% to a seven-month.

The port’s middle distillate stocks have also declined by 10% on average compared to April’s average.

 

East Asia

Most suppliers in Zhoushan are running low on VLSFO primarily due to tightness in domestic supply, a source says.

China produced 1.07 million mt of VLSFO in April, dropping by nearly 10% from a year ago, according to data information provider JLC. Multiple factors such as lower margins, refinery maintenance and lack of blending components for VLSFO led to a drop in production, JLC says.

“But the tightness of barges continues, and the tightness of barges is particularly serious, especially in Shandong ports and Zhoushan,” adds independent bunker broker Phoebe Li and Manifold Times.

Also, the yearly decline in Chinese iron ore production in April has resulted in fewer iron core carriers calling in Chinese ports. This has dented bunker demand in Chinese ports including Zhoushan. The low bunker demand coupled with persistent weather disruptions has somewhat kept a lid on tightness in the port.

Recommended lead times for VLSFO and LSMGO in Zhoushan stand at 3-5 days – unchanged from last week. HSFO lead times also remain virtually unchanged at 4-7 days – but still longer than the other grades.

However, bunker operations across all anchorages in Zhoushan have been suspended since Sunday due to bad weather conditions, a source says. Bunker deliveries are likely to resume fully on 4 June, when calmer weather is forecast.

In Hong Kong, availability is tight for VLSFO and HSFO due to a spike in demand and tight barge availability, a source says. Both grades now require lead times of 7-10 days – up from last week’s 4-7 days.

LSMGO availability has improved in the port, with lead times of 3-5 days – down from last week’s 4-7 days.

Bunker demand in South Korean ports was modest at the start of this week, but it has since picked up, a source says. Recommended lead times for all grades in southern and western ports stand at 3-5 days – unchanged from last week.

But intermittent bad weather is forecasted between 31 May-4 June, which could disrupt bunkering in the South Korean ports of Ulsan, Onsan, Busan, Daesan, Taean and Yeosu.

Adverse weather conditions are also anticipated to disrupt bunker deliveries in the Thai ports of Koh Sichang and Leam Chabang and the Kiwi port of Tauranga between 1-2 June.

Bad weather forecast at the Vietnamese port of Ho Chi Minh on 1 June, which might hamper bunkering.

 

South Asia

Several Indian ports, including Kandla on the northwest coast, and Cochin and Chennai on the southern coast have good availability of VLSFO and LSMGO, with short lead times of around 2-3 days.

But both grades remain subject to availability in Mumbai and Tuticorin. Meanwhile, supply is subject to enquiry in Haldia.

Rough weather conditions are anticipated to disrupt bunker deliveries in India’s west coast ports of Sikka and Kandla between 31 May-3 June, and in the southwestern port of Visakhapatnam on 1 June.

Adverse weather conditions are also forecasted in the Sri Lankan port of Colombo on 3 June and 6 June, which could impact bunkering operations. Prompt supply for all grades is available with a supplier in Colombo.

 

Middle East

All bunker fuel grades are in tight availability in Fujairah amid good demand, a source says. Lead times of 5-7 days are recommended across all three grades in the port. VLSFO and HSFO will need around 3-6 days of lead time.

Some suppliers can offer prompt stems for all grades, but depends on the stem size, the source adds.

In the UAE port of Khor Fakkan, lead times across all grades remain unchanged on the week at 5-7 days.

LSMGO is readily available in the Omani ports of Muscat, Salalah, Sohar and Duqm, with short lead times of 2-3 days.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 31 May, 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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