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ENGINE: ​​Global Markets Fuel Availability Outlook (24 Dec 2025)

Prompt availability very tight across all grades in Singapore; bunker availability tight in Houston; VLSFO supply tight in Las Palmas.

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RESIZED ENGINE GLOBAL

The following article regarding bunker fuel availability outlook for several regions has been provided by online marine fuels procurement platform ENGINE for publication on Singapore bunkering publication Manifold Times:

  • Prompt availability very tight across all grades in Singapore
  • Bunker availability tight in Houston
  • VLSFO supply tight in Las Palmas

East of Suez

Bunker fuel availability in Singapore is extremely tight this week. Very few suppliers are offering small HSFO parcels, with premiums applied for quantities of 500 mt and below. VLSFO availability is expected to improve after 28 December, while HSFO is likely to become more readily available after 4 January.

At Malaysia’s Port Klang, both VLSFO and LSMGO remain easy to secure, particularly for smaller prompt orders.

Bunker suppliers in Zhoushan are still recommending 3-6 days of lead time for all grades, little changed from 4-7 days last week. Availability is extremely tight across all grades in South Korea, a source said.

Across Taiwan’s Keelung and Hualien ports, VLSFO and LSMGO are generally available within two days, consistent with last week. Both grades can be delivered within three days in Taichung and Kaohsiung.

In Japan, prompt supply of VLSFO and HSFO remains tight at key ports including Tokyo, Chiba, Yokohama and Kawasaki.

Prompt bunker supply in Fujairah remains tight across all grades. Most bunker suppliers are not entertaining bigger stems due to “instability of the market” and shortage of cargo, another source said. However, urgent stems can be arranged at a premium, another source noted.

Meanwhile, in Egypt’s Port Suez, stocks of VLSFO, LSMGO and HSFO are nearly depleted.

In Iraq’s Basrah, VLSFO and LSMGO availability is good, while HSFO supply remains tight. LSMGO supply has improved in Saudi Arabia’s Jeddah, while VLSFO availability is still tight there.

Europe and Africa

Prompt bunker supply remains tight in the ARA bunkering hub, with buyers advised to book LSMGO, VLSFO and HSFO stems around 5-7 days in advance to secure offers from a wide range of suppliers, a trader told ENGINE.

Notably, from 1 January 2026, bunker supplies at Dutch ports will fall under the country’s regulatory framework implementing the EU’s Renewable Energy Directive (RED III). This is expected to increase bunker costs, as suppliers pass on related compliance expenses.

RED III-related premiums will also apply to deliveries originally scheduled for December 2025 that are shifted into January 2026, a trader said. Additionally, the ports of Rotterdam and Antwerp will require all bunker deliveries to be made by certified mass flow meter (MFM)-equipped barges from 1 January 2026.

The ARA’s independently held fuel oil stocks have increased 3% in December to date, according to Insights Global data. The region’s independent gasoil inventories – which include diesel and heating oil – have fallen by 9% so far this month, according to the Insights Global data.

Securing prompt bunker deliveries can be difficult in the Gibraltar Strait, and buyers are advised to enquire about stems around a week in advance to avoid higher premiums, a trader told ENGINE.

In Las Palmas and Tenerife, VLSFO supply is very tight, with recommended lead times of about two weeks, a trader said. For HSFO and LSMGO deliveries, buyers are advised to book at least a week ahead, the trader added.

LSMGO and ULSFO supplies remain readily available off Malta, while VLSFO and HSFO supplies have tightened since last week, a trader said. Availability remains stable in Turkey’s Istanbul, with 1-3 days of notice sufficient for all deliveries, a trader said.

In South Africa’s Durban and Richards Bay, VLSFO deliveries require only 2-4 days of notice, while HSFO may require around a week, a trader told ENGINE. 

Americas

Bunker demand in Houston remains steady, while supply of all grades has tightened this week. According to market sources, suppliers have been keeping inventories below typical levels to avoid year-end tax liabilities associated with carrying product into the new year.

As a result, suppliers are advising longer lead times this week, with HSFO and VLSFO deliveries requiring more than seven days. LSMGO can be delivered within 5-7 days.

The US Gulf is currently in its fog season. Dense fog has engulfed the region, leading to frequent port suspensions and causing delays in both bunker deliveries and schedules, a trader told ENGINE.

The Port of Houston has been facing intermittent closures due to dense fog and poor visibility along the US Gulf Coast. While it briefly reopened to inbound traffic on Tuesday, it was later forced to shut to all vessel movements again that day.

In New York, demand for HSFO and VLSFO is steady, with recommended lead times of 6–9 days. For LSMGO deliveries, most suppliers are recommending lead times of 2–3 days. A small craft advisory is currently in effect at New York Harbour, where high wind gusts reaching up to 30 knots are expected.

In Panama, bunker fuel demand has improved in the last quarter of the year. At the ports of Balboa and Cristobal, VLSFO and LSMGO can be delivered within 5–7 days, while LSMGO may require 4–6 days.

In Zona Comun, a period of potential disruptions is expected to continue until 29 December due to high wind gusts across the anchorage. This could result in brief delays to bunker deliveries, a source said. Both VLSFO and LSMGO can be delivered within 5-7 days.

By Aparupa Mazumder, Gautamee Hazarika and Nachiket Tekawade

 

Photo credit and source: ENGINE
Published: 3 December, 2025

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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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