Connect with us

Bunker Fuel

ENGINE: East of Suez Bunker Fuel Availability Outlook (11 June 2024)

HSFO availability tight in Singapore; bunker demand low in South Korean ports; VLSFO and LSMGO availability good in Oceanic ports.

Admin

Published

on

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:

  • HSFO availability tight in Singapore
  • Bunker demand low in South Korean ports
  • VLSFO and LSMGO availability good in Oceanic ports

Singapore and Malaysia

Bunker demand has been relatively quiet in Singapore this week. Lead times for VLSFO have fluctuated lately, with most suppliers now indicating up to 11 days. However, some suppliers can accommodate stems in as little as two days. This marks an improvement compared to the previous week, when traders suggested lead times ranging between 4-14 days.

HSFO supply remains limited in the port, with recommended lead times of 10-13 days – virtually unchanged from last week. For LSMGO, lead times vary between 2-8 days.

According to Enterprise Singapore’s latest data, Singapore’s residual fuel oil stocks have averaged 4% higher so far in June than in May. There has been a notable 75% decline in weekly average net fuel oil imports in June compared to May, with imports falling by a massive 2.96 million bbls in the first week, while fuel oil exports have decreased by a modest 28,000 bbls. The port’s middle distillate stocks have averaged 1% higher this month.

In Malaysia’s Port Klang, both VLSFO and LSMGO grades are in ample supply. Some suppliers can provide prompt deliveries for smaller parcel sizes. HSFO availability remains constrained due to limited product availability.

East Asia

VLSFO and LSMGO supply in Zhoushan remains robust, with most suppliers recommending lead times of 3-5 days, which is unchanged from last week. HSFO availability has also seen a slight improvement, with lead times decreasing from around 14 days last week to 7-10 days currently.

In Northern China, both VLSFO and LSMGO grades are available at Dalian port. Similarly, these grades are readily available in Qingdao and Tianjin, although HSFO supply is limited in these ports. In Shanghai, VLSFO and LSMGO availability remains good, while HSFO supply is scarce. In Fuzhou and Xiamen, VLSFO and LSMGO grades are readily available. Conversely, in Guangzhou and Yangpu, prompt availability of both low sulphur fuel grades remains restricted.

In the Taiwanese ports of Hualien, Kaohsiung, Taichung and Keelung, both VLSFO and LSMGO remain readily available, with suggested lead times of 2-3 days, which is consistent with last week.

Overall, all grades are well supplied in Hong Kong, with recommended lead times of around seven days. Adverse weather conditions are forecast in Hong Kong between Friday and Saturday, potentially affecting bunker operations.

In South Korean ports, bunker demand continues to be subdued due to higher bunker prices. On Tuesday, Busan’s VLSFO grade was priced $11/mt higher than Singapore’s and $21/mt higher than Zhoushan’s VLSFO.

VLSFO availability has improved in South Korea’s western ports, with lead times decreasing significantly from 14 days last week to around three days this week. LSMGO and HSFO now require approximately three days, which is consistent with last week.

VLSFO availability remains tight in southern South Korean ports, with most suppliers recommending lead times of around 9-12 days, almost unchanged from last week. LSMGO and HSFO availability has tightened, with lead times of 9-14 days advised, significantly up from three days.

Additionally, bunker operations in the South Korean ports of Busan and Yeosu may experience intermittent disruptions between Friday and Sunday due to anticipated high waves.

In Japan, VLSFO availability remains constrained in Tokyo, although some suppliers can still provide prompt stems. Technical issues reported at some refineries may result in restrictions on VLSFO supply in mid-June, potentially affecting availability and leading to increased lead times in Tokyo, according to a source.

Various lead times are recommended across key Japanese ports, with approximately two days in Chiba, around eight days in Osaka, Kobe, Nagoya and Yokkaichi, and longer periods of 12 days in Mizushima and Oita.

Oceania

In Western Australia, suppliers in the ports of Kwinana, Fremantle and Kembla can provide VLSFO and LSMGO, typically with lead times ranging from 7-8 days. In New South Wales, LSMGO is readily available in Sydney, while HSFO supply is mostly available upon inquiry.

In Victoria, Melbourne offers good availability of both VLSFO and LSMGO, with ample VLSFO supply also found in Geelong. However, prompt HSFO supply can be limited in both Victorian ports. In Queensland, suppliers in Brisbane and Gladstone maintain sufficient stocks of VLSFO and LSMGO, with lead times of 7-8 days. HSFO availability remains constrained in Brisbane.

In New Zealand, VLSFO supply in Tauranga and Auckland is ample, and LSMGO supply remains decent in Auckland. However, anticipated adverse weather conditions in Tauranga between Thursday and Saturday may impact bunker operations.

South Asia

In several Indian ports, including Mumbai, Kandla, Tuticorin, Chennai, Cochin, Visakhapatnam and Haldia, VLSFO and LSMGO availability has been restricted due to supply shortages. One supplier in Paradip is nearly out of VLSFO and LSMGO stocks.

Adverse weather conditions are intermittently predicted throughout the week in Sikka, Kandla and Visakhapatnam ports in India, potentially disrupting bunker operations.

Middle East

In the UAE ports of Fujairah and Khor Fakkan, prompt availability of all grades remains limited, with most suppliers requiring lead times of 5-7 days.

In Saudi Arabia’s Jeddah port, there is abundant supply of VLSFO and LSMGO, while VLSFO supply is tight in nearby Djibouti. LSMGO supply is more readily available in Djibouti.

In Iraq’s Basrah, VLSFO and LSMGO are readily available, while both grades are tight in Ras Laffan in Qatar.

LSMGO is readily available in the Omani ports of Sohar, Salalah, Muscat and Duqm.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 5 June 2024

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading
Advertisement

OUR INDUSTRY PARTNERS



Trending