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ENGINE: East of Suez Bunker Fuel Availability Outlook (10 March 2026)

Availability is tight in Singapore; HSFO extremely tight in South Korean ports; operations continue in Middle East ports despite escalating regional crisis.

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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 tight in Singapore
  • HSFO extremely tight in South Korean ports
  • Operations continue in Middle East ports despite escalating regional crisis

Singapore and Malaysia

Singapore’s VLSFO and LSMGO prices have both climbed above the $1,000/mt mark amid elevated crude prices, tightening supply and escalating geopolitical tensions in the Middle East.

The latest surge in bunker prices has largely been fuelled by escalating tensions in the region, which has driven Brent crude sharply higher and disrupted trade flows through the Strait of Hormuz, a critical corridor for global oil shipments. “Seeing a big spike in [Singapore bunker] prices in line with Brent due the Middle East crisis,” a trader said.

Tighter supply conditions have also added upward pressure on prices, a source noted. Lead times for VLSFO in Singapore has expanded to around 12–16 days, up from 7–11 days last week. LSMGO supply has tightened even more noticeably, with recommended lead times stretching to 13–17 days compared with 4–11 days in the previous week, the source added.

HSFO prices in Singapore have also rallied sharply, reaching multi-year highs as tensions in the Middle East continue to escalate. Availability of the grade has tightened alongside the price increase, with lead times extending to 11–15 days from 8–11 days a week earlier.

Another notable development has emerged in the port, where some suppliers have paused new bookings for B24-VLSFO. The move may seem unusual given that a large share of UCO/UCOME feedstock originates from China. However, suppliers may be prioritising sales of conventional VLSFO to capitalise on the current price spike before offering biofuel blends, a trader explained.

Elsewhere in the region, Port Klang continues to report generally adequate VLSFO availability, particularly for smaller prompt stems. However, LSMGO supply has tightened in the port, while HSFO availability remains limited, making both grades more difficult to secure.

East Asia

Bunker prices in Zhoushan have continued to firm as escalating geopolitical tensions in the Middle East drive Brent crude higher and disrupt trade flows through the Strait of Hormuz, a key artery for global oil shipments. The resulting uncertainty has tightened fuel availability across all grades in the port, lending further support to rising prices, a source said.

Supply pressures have also extended delivery schedules. Recommended lead times for both VLSFO and LSMGO have increased to around 5–10 days, up from 3–5 days last week. HSFO supply appears particularly tight, with most suppliers running low on inventories and refraining from offering any lead time indications for the grade, the source added.

Supply conditions vary across northern China. Dalian and Qingdao report adequate availability of VLSFO and LSMGO, although HSFO remains limited in Qingdao. Tianjin is experiencing tight supply across all grades. In Shanghai, VLSFO and HSFO stocks are constrained, while LSMGO availability remains relatively stable.

Further south, supply pressures are evident in several ports. Fuzhou is facing tight availability of both VLSFO and LSMGO. Xiamen reports sufficient VLSFO stocks, though LSMGO supply remains restricted. Delivery schedules in Yangpu and Guangzhou are also tight for both grades.

In Hong Kong, bunker supply conditions have remained broadly steady, with recommended lead times holding at around seven days for all grades in recent weeks.

In Taiwan, supply has so far seen only “a slight impact,” though it could affect “availability in near future.” Pricing, however, has reacted more strongly, with the Brent rally triggered by escalating tensions in the Middle East having “influenced” bunker prices significantly over the weekend, the trader added.

MGO supply at Kaohsiung is expected to tighten between 8 March and 10 April as the bunker barge Chung Yu No. 16 undergoes its scheduled annual maintenance, according to state-owned CPC Corporation.

With the barge temporarily out of operation, about one-third of the port’s MGO supply capacity will be offline, a source said. This reduction is likely to constrain MGO availability and could lead to longer waiting times for vessels seeking to bunker.

VLSFO supply in Kaohsiung will remain unaffected during this period, while HSFO is currently unavailable.

At other major Taiwanese ports, bunker supply conditions remain largely stable. Hualien in the south, Taichung on the west coast, and Keelung in the north have not reported any notable changes.

Recommended lead times for VLSFO and MGO in Keelung, Taichung and Hualien are around two days.

In South Korea, most suppliers are now recommending lead times of 4–6 days for both VLSFO and LSMGO, compared to last week’s broader 5–7 day range. HSFO supply is extremely tight, with most suppliers unwilling to quote prices or delivery schedules unless approached with a firm enquiry, a source said.

Seasonal winter weather continues to pose a risk to bunker operations. Potential weather-related disruptions could impact Busan and Ulsan between 11–14 March, Yeosu on 13 March, and Daesan during 15–16 March.

Supply conditions in Japan have tightened further as tensions in the Middle East escalate. Major suppliers are currently refraining from issuing new offers for ocean-going vessels. Availability has also become severely restricted due to significant supply cuts in the domestic market. New enquiries are largely not being entertained, and the only remote possibility of securing supply may arise from replacing a cancelled slot, though even that scenario is considered unlikely, a Japan-based trader said.

As a result, bunker availability across all grades in major Japanese hubs—including Tokyo, Chiba, Yokohama, Kawasaki, Nagoya, Yokkaichi, Mizushima, Tokuyama and Oita—is now assessed strictly on an enquiry basis.

Bunkering demand in the country is also expected to be muted on 20 March due to the Vernal Equinox Day public holiday.

In Indonesia, supply conditions remain relatively stable. VLSFO availability continues to be steady in Jakarta, Surabaya, Balikpapan and Cigading, with suppliers typically quoting lead times of around 2–3 days. LSMGO supply is also stable in Jakarta, Benoa, Surabaya and Batam. HSFO stocks are reported to be well supplied in Jakarta, Surabaya and Balikpapan, according to a trader.

Oceania

Bunker supply across Australia remains largely stable. VLSFO and LSMGO are broadly available nationwide, with suppliers typically advising lead times of around seven days.

In Western Australia, suppliers in Kwinana and Fremantle generally request about a week’s notice. Deliveries are mainly conducted by barge through a single provider, while LSMGO can also be transported by truck.

In New South Wales, VLSFO deliveries at Port Kembla can be arranged via truck or pipeline. Sydney holds healthy stocks of both VLSFO and LSMGO, although HSFO availability remains tight, with suppliers usually requiring around seven days’ notice.

In Queensland, the ports of Brisbane and Gladstone are supplying VLSFO and LSMGO with lead times of roughly seven days. HSFO can be supplied on request in Brisbane. Two barges operated by separate suppliers handle VLSFO and LSMGO deliveries there, while HSFO is offered on an enquiry basis.

In Victoria, Melbourne and Geelong report robust inventories of VLSFO and LSMGO. HSFO availability is limited for prompt deliveries, although Melbourne currently maintains sufficient volumes. Both ports rely on a single barge for bunker operations, with lead times close to seven days. LSMGO can also be delivered by truck to smaller ports such as Portland and Port Welshpool within about 2–3 days.

Overall, Australia’s bunker market appears well balanced. With comfortable inventory levels, many deliveries can be arranged within three to four days. Even at ports equipped with pipeline infrastructure, such as Darwin and Dampier, trucks remain a key component of the supply chain.

In New Zealand, bunker supply conditions remain stable. VLSFO is readily available in Tauranga and Auckland, with pipeline connections available at some Tauranga berths. Marsden Point can supply both VLSFO and LSMGO via pipeline to cargo vessels, although truck-based deliveries to ports across the South Island continue to face constraints.

South Asia

Adverse weather is expected to affect port operations at India’s Sikka on 11 March and at Visakhapatnam between 11–13 March, potentially disrupting bunkering activities during this period.

Middle East

“The situation in some UAE ports and ports close to the Strait of Hormuz remains slightly tense, which may cause some operational sensitivity,” a Middle East-based trader said.

In the UAE, authorities at Fujairah and Khor Fakkan have not issued any formal alerts so far. However, navigational warnings have been circulated following reports of intermittent GPS spoofing and signal jamming in offshore areas near Fujairah. These disruptions can lead to inaccurate positioning, irregular vessel movements and potentially misleading navigational data. Mariners have therefore been advised to treat the area as high risk.

Operations at the Fujairah Oil Tanker Terminal remain suspended until further notice. Meanwhile, bunker deliveries at the anchorages of Fujairah and Khor Fakkan are continuing without interruption, according to shipping agency Inchcape Shipping.

Despite this, bunker activity in Fujairah and Khor Fakkan has been affected by uncertainty around loading operations. Several suppliers have halted deliveries as some terminals remain closed, while bunker prices in Fujairah have surged sharply with only a limited number of suppliers still issuing quotes, a source said.

Elsewhere in the UAE, terminal operations at Jebel Ali, Hamriya and Sharjah Port are proceeding normally. Petroleum ports in Ruwais and Abu Dhabi are also functioning as usual.

In Kuwait, Shuwaikh Port continues to operate under normal conditions, according to GAC Hot Port News.

Saudi Arabian ports have not issued any alerts or warnings so far. However, bunker availability is tight in Jeddah, particularly for VLSFO and LSMGO. Adverse weather is forecast to affect Jeddah on 11 March and Yanbu on 12 March, which could potentially disrupt bunkering activities at both ports.

In Qatar, vessel movements and port operations remain normal at Hamad, Doha and Al Ruwais. Activities are also ongoing at Mesaieed and Ras Laffan ports, although VLSFO and LSMGO supply is currently tight in Ras Laffan. Al Ruwais Port, however, is restricted to small craft only, including dhows and barges.

“The situation in Oman has eased and we are supplying at all ports,” an Oman-based trader said. LSMGO supply remains available on a prompt basis across most Omani ports, the source added.

Most ports in Oman are operating normally, including Port Sultan Qaboos, Muscat, Mina Al Fahal, Port of Sohar, Qalhat LNG Terminal – Sur, OMIFCO Terminal – Sur, Port of Salalah and Port of Duqm.

In Bahrain, vessel movements have gradually resumed, although operations remain limited due to a shortage of pilots. The Suez Canal and all Egyptian ports continue to operate fully. Port conditions in Jordan remain stable, while ports in Pakistan, Cyprus and Lebanon are functioning normally. Israeli ports—including Eilat, Ashkelon, Ashdod, Hedera and Haifa—are operating at full capacity, Inchcape Shipping added.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 11 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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