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ENGINE: East of Suez Bunker Fuel Availability Outlook (30 July 2024)

LSMGO availability improves in Singapore; VLSFO and LSMGO supply is good in Chinese and Oceanic ports; prompt supply is tight 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:

  • LSMGO availability improves in Singapore
  • VLSFO and LSMGO supply is good in Chinese and Oceanic ports
  • Prompt supply is tight in Fujairah

Singapore and Malaysia

In Singapore, the availability of VLSFO has tightened due to several suppliers running low on stocks and limited barge availability. Most suppliers now recommend lead times of 12-22 days for VLSFO, up from 12-18 days last week.

HSFO availability also remains tight for both prompt and non-prompt delivery dates, with recommended lead times of 12-16 days, almost the same as last week. In contrast, the availability of LSMGO has improved, with lead times dropping from 2-12 days last week to 2-5 days now.

According to the latest data from Enterprise Singapore, the country’s residual fuel oil stocks have averaged 3% lower so far in July than compared to June. The port’s fuel oil stocks have dropped below 20 million bbls despite a significant 27% increase in Singapore’s net fuel oil imports this month. Both fuel oil imports and exports have risen in July, with imports increasing by 876,000 bbls and exports by 22,000 bbls.

Unlike fuel oil, the port’s middle distillate stocks have surged, averaging 11% higher so far this month.

In Malaysia’s Port Klang, VLSFO and LSMGO grades are plentiful, with some suppliers providing prompt deliveries for smaller quantities. However, the supply of HSFO is largely limited.

East Asia

Availability of all grades remains good in Zhoushan, with several suppliers recommending lead times of 5-7 days.

In Northern China, VLSFO and LSMGO grades are readily available in Dalian, Qingdao, and Tianjin. However, HSFO supply is limited in Qingdao and Tianjin. Shanghai also has a good supply of VLSFO and LSMGO, but HSFO availability is scarce. In Fuzhou and Xiamen, VLSFO and LSMGO grades are easily accessible, while prompt availability is restricted in Guangzhou and Yangpu.

In Taiwanese ports, VLSFO and LSMGO availability remain strong. A major supplier in Keelung and Hualien can supply both grades within two days, while in Taichung and Kaohsiung it takes 3-5 days.

In Hong Kong, all bunker fuel grades are available, and suppliers generally recommend lead times of seven days.

In South Korean ports, availability of all grades has tightened despite sluggish demand this week. Lead times for VLSFO and LSMGO now range from 3-11 days, up from around three days last week. HSFO requires longer lead times of approximately 8-14 days, significantly up from around three days in western South Korean ports and 3-8 days in southern ports last week.

High waves are predicted to intermittently hit the South Korean ports of Ulsan, Onsan, and Yeosu between 2-4 August, and in Daesan and Yeosu on 2 August, potentially affecting bunker deliveries at these ports.

In Japan, LSMGO and HSFO supplies remain strong in major ports, including Tokyo, Chiba, Yokohama, Kawasaki, Osaka, Kobe, Sakai, Nagoya, Yokkaichi, Mizushima, and Oita. However, VLSFO availability has tightened across all major ports due to unknown technical issues at refineries. The supply tightness is particularly noted in Tokyo, Chiba, Yokohama, Kawasaki, Nagoya, and Yokkaichi, with expectations that it will continue until early August, a source says.

The closure of Idemitsu Kosan’s Yamaguchi refinery in March, which had a crude oil processing capacity of 120,000 b/d, has further constrained bunker supply in Oita, necessitating advance orders from bunker buyers.

Oceania

In Western Australia, VLSFO and LSMGO are available at ports including Kwinana, Fremantle, and Kembla, with typical lead times of 7-8 days. A bunker barge operating in Fremantle will be in dry dock from early September to mid-November, making VLSFO unavailable at that port during this period, a source says.

In New South Wales, LSMGO is readily available in Sydney, while prompt HSFO supply depends on the enquiry.

In Victoria’s ports of Melbourne and Geelong, VLSFO and LSMGO are readily available, though prompt HSFO deliveries can be challenging. In Queensland, Brisbane and Gladstone have ample stocks of VLSFO and LSMGO with lead times of around 7-8 days, but HSFO availability is limited in Brisbane.

In New Zealand, Tauranga and Auckland have ample VLSFO supply, with Auckland also having good LSMGO availability. However, rough weather expected in Tauranga on Friday and Saturday may impact bunker operations.

South Asia

In several Indian ports, including Kandla, Mumbai, Tuticorin, Chennai, Cochin, and Visakhapatnam, VLSFO and LSMGO availability remains constrained as in recent weeks. In Haldia, both grades are subject to availability, while a supplier in Paradip is nearly out of stock for both.

Kandla, Sikka, and Mumbai ports are forecast to experience rough weather intermittently through the week, potentially disrupting bunker operations.

In contrast, the Sri Lankan port of Colombo has ample supplies of VLSFO, LSMGO, and HSFO, with lead times of around five days recommended.

Middle East

In Fujairah, prompt availability of all grades remains tight due to some suppliers experiencing delays in loading products from oil terminals caused by recent bad weather, according to a source. Most suppliers recommend a lead time of around 7-10 days, nearly unchanged from last week.

In Iraq’s Basrah, VLSFO and LSMGO are readily available, while both grades are nearly depleted in Qatar’s Ras Laffan.

The Saudi Arabian port of Jeddah has a good LSMGO supply, but VLSFO availability is constrained. In Djibouti, both VLSFO and LSMGO supplies are tight. Omani ports, including Sohar, Salalah, Muscat, and Duqm, have ample LSMGO supply with prompt supply available.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 31 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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