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ENGINE: East of Suez Bunker Fuel Availability Outlook (23 April 2024)

Bunker supply is good in South Korean ports; steady VLSFO and LSMGO supply across several Australian ports; bunker demand dips in Fujairah.

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RESIZED ENGINE East of Suez

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:

  • Bunker supply is good in South Korean ports
  • Steady VLSFO and LSMGO supply across several Australian ports
  • Bunker demand dips in Fujairah

Singapore and Malaysia

Lead times for VLSFO in Singapore have shown significant fluctuations in recent weeks. Currently, most suppliers are suggesting up to 10 days for the grade, while some can accommodate stems within six days.

Prompt HSFO availability in Singapore has improved, with recommended lead times now ranging between 6-10 days, down from 8-14 days last week. For LSMGO, lead times vary widely between 2-8 days in Singapore.

According to Enterprise Singapore’s latest data, Singapore’s residual fuel oil stocks have averaged 3% higher so far this month compared to March. Despite a 13% decline in the port’s net fuel imports this month, the port’s fuel oil stocks have remained steady at 21 million bbls. Fuel oil imports in the port have decreased by 334,000 bbls this month, while fuel oil exports have increased by 190,000 bbls. Singapore’s middle distillate stocks have also risen by 3% this month to multi-month highs of 10.67 million bbls.

Prompt bio-bunker availability is tight in Singapore, according to two sources.

At Malaysia’s Port Klang, VLSFO and LSMGO remain in abundant supply, with some suppliers able to arrange prompt deliveries for smaller quantities. However, the availability of HSFO is tight due to the limited supply available with suppliers.

China, East Asia and Oceania

Tight barge availability has constrained the supply of all grades in Zhoushan, with suppliers suggesting lead times of around 4-8 days for VLSFO and LSMGO, and 6-7 days for HSFO.

In the Taiwanese ports of Hualien, Kaohsiung, Taichung, and Keelung, VLSFO and LSMGO remain readily available amid normal bunker demand. Lead times of about two days are recommended for the grades – almost unchanged from last week.

All grades of bunker fuel are readily available in Hong Kong, with lead times of seven days recommended. Adverse weather conditions are forecast to impact Hong Kong on Friday, which could potentially impact deliveries.

In South Korean ports, all bunker grades remain readily available. Most suppliers are advising lead times of 4-5 days for all grades, which is similar to last week. Rough weather conditions are forecast intermittently throughout this week, which could affect bunker deliveries in the South Korean ports of Ulsan, Onsan, Busan and Yeosu.

In the ports of Kwinana and Fremantle in Western Australia, VLSFO and LSMGO supply is good. Lead times of 7-8 days are recommended in both ports. Heading to Sydney in New South Wales, LSMGO is readily available, while HSFO availability is restricted.

In Victoria, Melbourne has abundant VLSFO and LSMGO stocks, and Geelong also has ample availability of VLSFO. Nevertheless, prompt HSFO supply faces challenges in both Melbourne and Geelong. Moving to Queensland, both the ports of Brisbane and Gladstone boast sufficient stocks of VLSFO and LSMGO, with suggested lead times of 7-8 days. HSFO availability remains limited in Brisbane.

Unfavourable weather conditions are forecasted in the Thai port of Koh Sichang until Wednesday and the Vietnamese port of Hai Phong until Saturday, as well as in the Kiwi port of Tauranga until Friday. Bad weather could make bunker deliveries difficult in these ports.

South Asia

VLSFO and LSMGO availability continues to be limited in Indian ports, with the majority of suppliers facing supply shortages.

Ports including Mumbai, Kandla, Tuticorin, Chennai, Cochin, Visakhapatnam, Haldia, and Paradip are experiencing shortages of VLSFO and LSMGO, resulting in uncertain delivery schedules depending on availability.

On the flipside, the Sri Lankan port of Trincomalee has ample VLSFO, LSMGO and HSFO supply available.

Middle East

Bunker demand in Fujairah has reduced after a slight increase last week, but prompt availability of all grades remains limited due to backlogs caused by recent adverse weather conditions. Suppliers are recommending unchanged lead times of 7-10 days across all grades. Similar lead times are advised in the UAE port of Khor Fakkan.

In Saudi Arabia’s Jeddah port, VLSFO and LSMGO supply remains good. However, in Djibouti, some suppliers are facing VLSFO shortages, while LSMGO supply is normal there.

LSMGO is readily available in Omani ports such as Sohar, Salalah, Muscat, and Duqm.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 24 April 2024

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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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