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ENGINE: East of Suez Bunker Fuel Availability Outlook

VLSFO and HSFO supply tight in Singapore; availability good in weather-exposed Zhoushan; VLSFO availability improves in South Korean 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:

18 July 2023

  • VLSFO and HSFO supply tight in Singapore
  • Availability good in weather-exposed Zhoushan
  • VLSFO availability improves in South Korean ports

 

Singapore

Singapore has been seeing average demand so far this week, a source says. Securing HSFO stems can be difficult in the East Asian bunker hub, with recommended lead times going up marginally, from 9-13 days last week to 11-14 days now. Strong bunker demand last week coupled with a shrinking HSFO net import surplus could have contributed to put pressure on the grade.

Availability of VLSFO has been tightening as well, with several suppliers advising lead times of 7-11 days – up from 6-9 days last week. Availability of LSMGO remains good, with short lead times of 4-7 days recommended.

Singapore’s total residual fuel oil stocks have averaged 9% lower so far this month than in June, according to Enterprise Singapore. Singapore’s net fuel oil imports have surged by two-thirds and are at their highest level in more than a year. Both fuel oil imports and exports have risen in July. The port’s fuel oil imports have risen by a massive 75%, and its fuel oil exports have doubled.

Singapore’s middle distillate stocks have averaged 3% lower this month than in June.

 

East Asia and Oceania

Zhoushan has ample bunker availability amid sluggish demand and weather-related disruptions, a source says. All grades remain readily available in Zhoushan, with short lead times of 2-5 days – virtually unchanged from last week. However, bunker deliveries are still subject to weather conditions.

Bunkering has been suspended by bad weather at the port’s outer Tiaozhoumen and Xiazhimen anchorages since 9 July. Bunker operations are likely to resume at these anchorages later today, when calmer weather is forecast, the source adds.

Terminal operations across ports in the Guangdong and Hainan province in China were suspended as Typhoon Talim made landfall in the city of Zhanjiang in Guangdong province late last night.

Typhoon Talim is forecast to bring rough weather to Hong Kong and possibly disrupt bunker deliveries. Availability remains good across all bunker fuel grades in the port. Some suppliers are offering all grades with lead times of around seven days – almost unchanged from last week.

Meanwhile, availability of VLSFO has improved in South Korean ports, with lead times of 2-6 days recommended now. The grade was subject to enquiry last week.

Some suppliers, who were offering LSMGO and HSFO at lead times of 6-10 days last week, are now providing both grades at shorter lead times of 2-6 days and 3-4 days, respectively.

Adverse weather conditions are predicted intermittently in the South Korean ports of Ulsan, Onsan, Busan, Daesan, Taean and Yeosu between Tuesday and Sunday, which may impact bunker deliveries.

Bad weather is forecast in the Thai ports of Koh Sichang and Leam Chabang, in the Vietnamese port of Ho Chi Minh between 18-25 July, and in the Kiwi port of Tauranga between 21-22 July. All ports face potential delays to bunker operations.

 

South Asia

Several Indian ports, including Kandla on the northwest coast, and Cochin and Chennai on the southern coast, have good availability of VLSFO and LSMGO, with short lead times of around 2-3 days.

However, supply of both grades remains subject to availability in the Indian ports of Mumbai, Visakhapatnam and Paradip as it has been recent weeks. Meanwhile, a source says that both grades remain subject to enquiry in Tuticorin port on the southeast coast and Haldia on the east coast.

Rough weather is forecast in the Indian ports of Kandla and Sikka on 22 July, and Kochi and Visakhapatnam between 18-19 July, which could affect bunker operations.

Strong wind gusts of 21-27 knots and waves of more than two metres are predicted to hit the Sri Lankan port of Colombo between Tuesday and Thursday, which could hamper bunker deliveries. A source says VLSFO and LSMGO availability remains good in the Sri Lankan ports of Colombo and Trincomalee, with prompt dates available.

 

Middle East

Good bunker demand has put pressure on prompt availability for all bunker fuel grades in Fujairah, with recommended lead times of 5-7 days – unchanged from last week. Some suppliers can offer all grades for spot dates, but these deliveries are subject to stem sizes, a source says.

Availability remains good in the other UAE port of Khor Fakkan, with unchanged lead times of 5-7 days recommended.

LSMGO remains readily available in the Omani ports of Duqm, Sohar, Salalah and Muscat, with prompt dates possible.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 19 July, 2023

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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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