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ENGINE: East of Suez Bunker Fuel Availability Outlook (13 August 2024)

Availability is good for all grades in Zhoushan; low bunker demand in several South Korean ports; LSMGO supply is good across Omani ports.

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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:

  • Availability is good for all grades in Zhoushan
  • Low bunker demand in several South Korean ports
  • LSMGO supply is good across Omani ports

Singapore and Malaysia

VLSFO availability in Singapore remains tight, with several suppliers advising lead times of 9-13 days, consistent with last week. Some suppliers expect replenishment stocks to arrive towards the end of this month, which could boost supply in the port, according to a source.

HSFO supply is also under pressure, with lead times extending from last week’s 8-11 days to 10-12 days. LSMGO is more readily available, with lead times of 2-5 days.

According to Enterprise Singapore, the port’s residual fuel oil stocks have averaged 2% higher so far in August than in July. Singapore has experienced a significant 54% decline in net fuel oil imports so far this month, with a reduction of 1.86 million bbls, while fuel oil exports have increased by a modest 255,000 bbls. Additionally, the port’s middle distillate stocks have surged, averaging 14% higher on the month.

In Malaysia’s Port Klang, VLSFO and LSMGO supply is good, with some suppliers offering prompt deliveries for smaller quantities, although HSFO availability remains limited.

East Asia

In Zhoushan, bunker demand remains low as it has been in recent weeks. Most suppliers recommend lead times of 3-6 days for VLSFO and LSMGO, and 4-7 days for HSFO, consistent with last week.

In Northern China, VLSFO and LSMGO are readily available at the ports of Dalian, Qingdao, and Tianjin. However, HSFO supply is somewhat limited in Qingdao and Tianjin. Shanghai has a strong supply of VLSFO and LSMGO, but HSFO availability is quite limited. The ports of Fuzhou and Xiamen also have good availability of VLSFO and LSMGO grades, while prompt availability of both grades is somewhat constrained in Guangzhou and Yangpu ports.

At Taiwanese ports like Hualien, Kaohsiung, Taichung, and Keelung, the supply of VLSFO and LSMGO remains ample, with prompt lead times of about two days recommended, consistent with last week.

In Hong Kong, all bunker fuel grades are readily available, with typical lead times of seven days.

In South Korean ports, the availability of all fuel grades remains good due to low bunker demand. Most suppliers are recommending lead times of about 3-7 days for all grades in southern South Korean ports and around seven days in western South Korean ports.

High waves are forecasted to affect the South Korean ports of Ulsan, Onsan, and Busan between 13-14 August, and Yeosu between 16-18 August, which could impact bunker operations at these locations.

In Japan, LSMGO supply remains strong across major ports, including Tokyo, Chiba, Yokohama, Kawasaki, Osaka, Kobe, Sakai, Nagoya, Yokkaichi, Mizushima, and Oita. VLSFO availability is tight across Tokyo, Chiba, Yokohama, Kawasaki, Nagoya, and Yokkaichi, according to a source. Prompt availability of HSFO is also constrained in most Japanese ports.

Oceania

In Western Australia, ports such as Kwinana, Fremantle, and Kembla offer a good supply of VLSFO and LSMGO, with lead times of 7-8 days. In New South Wales, Sydney has an adequate supply of LSMGO, but prompt HSFO availability is based on firm enquiries.

In Victoria, Melbourne and Geelong ports have ample VLSFO and LSMGO supplies, although prompt HSFO deliveries can be difficult. Queensland’s Brisbane and Gladstone ports maintain sufficient VLSFO and LSMGO stocks, with lead times of about 7-8 days, but HSFO availability is limited in Brisbane.

In New Zealand, Tauranga and Auckland ports have a decent supply of VLSFO, and Auckland also has a good supply of LSMGO. However, rough weather conditions in Tauranga over the weekend may affect bunker operations.

South Asia

In several Indian ports, including Kandla, Mumbai, Tuticorin, Chennai, Cochin, and Visakhapatnam, the availability of VLSFO and LSMGO remains limited, consistent with recent weeks.

In Haldia, both grades are tight, with a supplier running low on stock. One supplier in Paradip is nearly out of VLSFO.

Kochi is expected to face rough weather on Thursday, which could disrupt bunker operations.

In contrast, the port of Colombo in Sri Lanka has ample supplies of VLSFO, LSMGO and HSFO. However, adverse weather conditions are forecasted for Colombo on Wednesday and next Monday, which may affect bunker deliveries.

Middle East

In Fujairah, prompt availability of all fuel grades remains limited, with most suppliers requiring lead times of 5-7 days.

The situation is similar in Khor Fakkan, UAE, where suppliers also recommend lead times of 5-7 days.

In contrast, Jeddah port in Saudi Arabia has ample supplies of VLSFO and LSMGO. In Djibouti, VLSFO supply is under pressure, while LSMGO is more readily available. Omani ports, including Sohar, Salalah, Muscat, and Duqm, have ample availability of LSMGO.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 14 August, 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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