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ENGINE: Europe & Africa Bunker Fuel Availability Outlook (11 March 2026)

Bunker premiums remain high as Iran conflict drags on; pilot strike planned in Antwerp; earliest delivery dates for suppliers in Africa starting end of March.

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RESIZED ENGINE Europe and Africa

The following article regarding Europe and Africa bunker fuel availability has been provided by online marine fuel procurement platform ENGINE for post on Singapore bunkering publication Manifold Times:

  • Bunker premiums remain high as Iran conflict drags on
  • Pilot strike planned in Antwerp
  • Earliest delivery dates for suppliers in Africa starting end of March

Northwest Europe

Prices have continued to be volatile in the ARA hub this week, as the conflict in the Middle East drags on into the second week.

Demand is reported to be very high in ARA with one supplier requesting buyers to enquire “as soon as possible” to reserve availability, a supplier said.

Suppliers tend to increase premiums when they have fuel availability, a trader said.

One supplier in Antwerp can deliver VLSFO earliest by 23 March, the trader added. Another supplier said it can deliver all fuel grades promptly in ARA.

The ARA’s independently held fuel oil stocks have slumped 17% in March so far, according to Insights Global data.

At 5.37 million bbls, the region’s fuel oil stocks are at their lowest average since January 2022. The region has imported around 8,000 b/d of fuel oil so far in March, a sharp drop from the 192,000 b/d imported in February, according to cargo tracker Vortexa. All of the March supplies have come from France.

The region’s independent gasoil inventories – which include diesel and heating oil – have fallen by 50,000 in March so far, compared to February.

The ARA imported 269,000 b/d of gasoil in March so far, down from the 304,000 b/d imported in February, according to Vortexa data. Kuwait has sent more than half of the shipments (52%), while the U.K. (22%) and the U.S. (21%) have also contributed.

Additionally, pilots in Belgian ports have planned a strike between 11-13 March, during which most vessel movements will not be possible, shipping agent VertomCory Antwerp said.

In Hamburg, fuel availability now varies by fuel grade, quantity and delivery date, a trader said.

Fuel availability is tight in Sweden’s Gothenburg and off Denmark’s Skaw, and buyers are advised to book with a notice of at least 10 days at both locations, a trader told ENGINE.

Mediterranean

Bunker premiums remain high at the ports in the Gibraltar Strait. Bunker availability is tight for prompt supplies, a trader said.

Around 51 vessels are expected to call at Gibraltar for bunkers, according to shipping agent A Mateos & Sons.

Some suppliers in Gibraltar can be delayed by around 1-2 days, according to port agent MH Bland. In neighbouring Algeciras, some suppliers are running between 12-36 hours late on deliveries, the port agent added.

In Ceuta, deliveries by barge can be delayed by around 15-20 hours, MH Bland said.

In Spain’s Valencia and Sagunto, LSMGO supplies are available on a prompt basis, according to a supplier.

In Portugal’s Lisbon, a notice of 3-5 days is required for any fuel delivery, a source said.

Off Malta, bunker availability is tight for prompt dates, and suppliers are quoting earliest delivery dates between 18-21 March, a trader said.

Fuel availability is normal in Greece’s Piraeus, a source said. Demand has been really high in the recent days and HSFO and LSMGO supply is expected to tighten due to lack of barge availability, as most suppliers are overbooked, the source added.  

In Istanbul, fuel availability is prompt for VLSFO, LSMGO and ULSFO grades, a local supplier said.

Africa

Off Nambia’s Walvis Bay, fuel demand is healthy and most suppliers are selling fast, a local supplier said. VLSFO and LSMGO stems can be delivered earliest by around end of March, the supplier added.

In Angola’s Luanda, VLSFO supplies are very tight, and replenishments are expected by end of March, a supplier said. LSMGO availability is also tight for prompt dates, and the supplier said it usually requests a notice of 7-10 days.

In Nigeria’s Lagos, fuel availability is tight for prompt dates, and a notice of at least a week is expected for VLSFO deliveries, a supplier said.

In South African ports, VLSFO deliveries can be delivered earliest by 24 March, while HSFO supplies are tight until April, according to a supplier.

By Nachiket Tekawade

 

Photo credit and source: ENGINE
Published: 12 March, 2026

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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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