Connect with us

Bunker Fuel

ENGINE: East of Suez Bunker Fuel Availability Outlook (2 July 2024)

VLSFO and HSFO availability tight in Singapore; VLSFO and LSMGO supply good in several Chinese ports; Low bunker demand in Fujairah.

Admin

Published

on

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:

  • VLSFO and HSFO availability tight in Singapore
  • VLSFO and LSMGO supply good in several Chinese ports
  • Low bunker demand in Fujairah

Singapore and Southeast Asia

Bunker demand in Singapore has been “quiet” so far this week. Lead times for VLSFO have seen significant fluctuations recently, with most suppliers now advising up to 14 days. However, some can accommodate stems within four days. This shows a tightening in the grade’s supply compared to the previous week, when lead times were around 4-9 days.

HSFO supply has also tightened in the port, with lead times increasing from 4-7 days last week to 6-9 days now. In contrast, lead times for LSMGO remain relatively stable, ranging between 2-5 days, similar to the previous week.

Singapore’s residual fuel oil stocks in June averaged 10% higher than in May, despite a 37% decline in net fuel oil imports, according to Enterprise Singapore’s latest data.

In Malaysia’s Port Klang, VLSFO and LSMGO grades are abundantly available, with some suppliers offering prompt deliveries for smaller orders. However, HSFO supply is limited in the port.

In Indonesian ports of Jakarta and Surabaya, VLSFO and LSMGO grades are readily available. Additionally, Balikpapan port has good VLSFO supply.

East Asia

VLSFO and LSMGO supply remains strong in Zhoushan amid low bunker demand. Most suppliers are recommending lead times of 5-7 days, unchanged from last week. However, HSFO availability in Zhoushan remains tight, with several suppliers running low on stocks and advising lead times of 7-10 days for this grade.

In Northern China, VLSFO and LSMGO grades are easily available in Dalian port, Qingdao and Tianjin. But HSFO supply is limited in Qingdao and Tianjin. Supply of VLSFO and LSMGO grades is good in Shanghai, while HSFO availability is tight there. In Fuzhou and Xiamen, VLSFO and LSMGO grades are readily available, but prompt availability of both grades is tight in Guangzhou and Yangpu.

Suppliers in Taiwanese ports of Hualien, Kaohsiung, Taichung and Keelung can offer VLSFO and LSMGO deliveries with short lead times of 2-3 days, consistent with last week.

Hong Kong has sufficient supply of all bunker fuel grades, with typical lead times of approximately seven days.

In South Korea, availability of VLSFO and LSMGO has tightened significantly. Lead times for the two grades have increased from 6-8 days last week to 11-15 days now. However, one supplier can still provide deliveries with shorter lead times of 3-4 days. HSFO lead times have extended to 8-18 days from 6-8 days last week.

Rough weather conditions could potentially impact bunker operations this week in several South Korean ports, including Ulsan, Onsan, Busan, Daesan, Taean, and Yeosu.

In Japan, bunker demand remains weak amid high prices. Tokyo’s VLSFO price is at premiums of $33/mt and $55/mt over Singapore and Zhoushan’s benchmarks, respectively, as of Tuesday. Recommended lead times vary across major ports in Japan, with 8-10 days in Tokyo, Chiba, Osaka, Kobe, and Mizushima, and longer periods of 15-16 days in Nagoya, Yokkaichi, and Oita.

Oceania

In Western Australia, VLSFO and LSMGO grades are available in the ports of Kwinana, Fremantle, and Kembla, with typical lead times of 7-8 days. In New South Wales, LSMGO is readily available in Sydney, while HSFO supply depends on inquiry.

In Victoria, both Melbourne and Geelong ports have good availability of VLSFO and LSMGO grades. However, securing prompt HSFO deliveries can be difficult there.

In Queensland, Brisbane and Gladstone have sufficient stocks of VLSFO and LSMGO, with recommended lead times of around 7-8 days, but HSFO availability is constrained in Brisbane.

In New Zealand, Tauranga and Auckland have ample VLSFO supply. LSMGO supply is also good in Auckland. There is forecast of rough weather conditions throughout this week In Tauranga, which could affect bunker operations there.

South Asia

In several Indian ports such as Kandla, Mumbai, Tuticorin, Chennai, Cochin, Visakhapatnam, and Haldia, availability of VLSFO and LSMGO is currently limited due to supply shortages. One supplier in Paradip is nearly out of stocks for both fuel grades.

Mumbai, Kandla and Sikka ports in India are forecast to experience rough weather conditions intermittently this week, which could potentially disrupt bunker operations.

In contrast, the Sri Lankan port of Trincomalee has ample supplies of VLSFO, LSMGO, and HSFO grades.

Middle East

In Fujairah, despite low bunker demand, availability of all grades remains limited with most suppliers requiring lead times of 5-7 days, similar to last week.

A similar situation exists in the UAE port of Khor Fakkan, where suppliers are recommending lead times of 5-7 days.

Meanwhile, Jeddah port in Saudi Arabia has ample supply of VLSFO and LSMGO. In Djibouti, VLSFO supply is under pressure, while LSMGO is more readily available.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 3 July, 2024

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading
Advertisement

OUR INDUSTRY PARTNERS



Trending