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ENGINE: East of Suez Bunker Fuel Availability Outlook (9 July 2024)

HSFO availability improves in Zhoushan; VLSFO and LSMGO supply good in several Oceanic ports; several East Asian ports could face weather disruptions.

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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:

  • HSFO availability improves in Zhoushan
  • VLSFO and LSMGO supply good in several Oceanic ports
  • Several East Asian ports could face weather disruptions

Singapore and Malaysia

In Singapore, the immediate availability of VLSFO (0–2 days) remains limited despite average demand. Most suppliers are now suggesting lead times ranging from 7–11 days for this grade. The supply of prompt HSFO is also tight, with lead times now extending to 8–12 days, up from 6–9 days in the previous week. LSMGO lead times remain stable at 2–5 days, similar to last week.

According to recent data from Enterprise Singapore, residual fuel oil stocks in Singapore averaged 10% higher in June compared to May. Fuel oil stocks averaged about 20 million bbls, despite a 19% decrease in net fuel oil imports in June. Both imports and exports declined, with fuel oil imports decreasing by 907,000 bbls, surpassing the 166,000-bbls decline in exports.

Additionally, middle distillate stocks at the port dropped by an average of 14% in June compared to May.

In Malaysia’s Port Klang, availability of VLSFO and LSMGO remains robust, with projected lead times of approximately 3-5 days. Smaller parcel sizes can be delivered even more quickly, according to sources. However, HSFO supply in Port Klang continues to be constrained.

East Asia

In Zhoushan, VLSFO and LSMGO supply remains robust, with most suppliers now suggesting lead times of 3-5 days, down from 5-7 days last week. HSFO availability has shown improvement, with lead times dropping from 7–10 days recommended in the week prior to 4–7 days now.

In Northern China, VLSFO and LSMGO grades are readily available in Dalian, Qingdao, and Tianjin, but HSFO supply is limited in Qingdao and Tianjin. Shanghai has good availability of VLSFO and LSMGO, but HSFO remains tight. In Fuzhou and Xiamen, VLSFO and LSMGO grades are readily available, while prompt availability is constrained in Guangzhou and Yangpu.

The Taiwanese ports of Hualien, Kaohsiung, Taichung, and Keelung can offer VLSFO and LSMGO with short lead times of 2-4 days, similar to last week.

In Hong Kong, all fuel grades are available with recommended lead times of approximately seven days, with some suppliers capable of quicker deliveries for smaller stem sizes.

In South Korea, the availability of VLSFO and LSMGO has notably improved. Lead times for these grades have reduced from 11-15 days last week to 2-6 days in southern South Korean ports. HSFO lead times have also decreased to 7-10 days from 8-18 days previously.

In western South Korean ports, availability of all grades has significantly improved with lead times of approximately three days.

Bunker operations in various South Korean ports such as Ulsan, Onsan, Busan, Daesan, Taean, and Yeosu may face intermittent disruptions this week due to anticipated adverse weather conditions.

In Japan, bunker demand continues to be low. Lead times may differ across major Japanese ports, ranging from 5-7 days in Tokyo, Chiba, Osaka, Kobe, and Mizushima, to longer periods of 12–13 days in Nagoya, Yokkaichi, and Oita.

The ports of Ho Chi Minh and Hai Phong in Vietnam are bracing for inclement weather, which is expected to complicate bunkering intermittently during this week. Similarly, the Thai ports of Koh Sichang and Leam Chabang expect adverse weather from 12-15 July, potentially impacting bunker operations in these regions.

Oceania

In Western Australia, VLSFO and LSMGO grades are available at ports including Kwinana, Fremantle, and Kembla, typically with lead times of 7-8 days.

In New South Wales, LSMGO is easily available in Sydney, while prompt HSFO supply depends on enquiry. Victoria’s Melbourne and Geelong ports offer good availability of VLSFO and LSMGO, though prompt HSFO deliveries can be challenging.

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

In New Zealand, Tauranga and Auckland have plentiful VLSFO supply, with Auckland also having good LSMGO availability. However, Tauranga faces forecasted rough weather conditions over the weekend that may impact bunker operations.

South Asia

In multiple Indian ports, such as Kandla, Mumbai, Tuticorin, Chennai, Cochin, Visakhapatnam, and Haldia, the availability of VLSFO and LSMGO is currently constrained due to supply shortages. A supplier in Paradip is almost depleted of stocks for both fuel grades.

Mumbai, Kandla, Sikka, and Visakhapatnam ports are expected to face intermittent rough weather conditions this week, potentially disrupting bunker operations.

In contrast, the Sri Lankan port of Colombo has abundant supplies of VLSFO and LSMGO grades.

Middle East

In Fujairah, prompt availability of all grades remains limited, with most suppliers requiring lead times of 5-7 days, similar to last week. However, high winds and waves since Monday have affected bunker barge loadings at some product terminals in Fujairah. This may impact bunker supply schedules and extend lead times over the coming days. Despite the rough sea conditions, some suppliers have continued to deliver stems as per schedule, a source says.

Prompt availability of all grades is also tight in the UAE port of Khor Fakkan, where suppliers recommend 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: 10 July, 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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