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ENGINE: East of Suez Bunker Fuel Availability Outlook (14 May 2024)

Bunker demand improves in Singapore; VLSFO and LSMGO supply good across several Chinese and Australian ports; tight VLSFO and LSMGO supply across several Indian 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:

  • Bunker demand improves in Singapore
  • VLSFO and LSMGO supply good across several Chinese and Australian ports
  • Tight VLSFO and LSMGO supply across several Indian ports

Singapore and Malaysia

Bunker demand in Singapore has increased since the beginning of the week. VLSFO availability has improved, with most suppliers suggesting lead times of 4-7 days, much shorter than the previous week’s 6-12 days.

HSFO supply remains constrained in the port, with recommended lead times of 7-11 days, almost unchanged from last week. LSMGO remains more readily available, with lead times of 2-4 days.

Singapore’s residual fuel oil stocks in the first week of May averaged 4% higher compared to April, according to Enterprise Singapore. Net fuel oil imports in Singapore have surged by a significant 62% so far in May, with imports rising to a record 3.02 million bbls. This increase surpasses the rise of 799,000 bbls in fuel exports, contributing to the stock build. Conversely, middle distillate stocks in Singapore have remained relatively stable compared to April levels.

In Malaysia’s Port Klang, VLSFO and LSMGO grades are readily available, with some suppliers offering prompt deliveries for smaller parcel sizes. HSFO remains scarce in the port due to limited supply.

China, East Asia, and Oceania

Bunker fuel availability in Zhoushan remains constrained due to limited barge availability, with most suppliers indicating unchanged lead times of 5-7 days.

In Northern China, Dalian port boasts abundant availability of VLSFO and LSMGO. Similarly, both grades are readily accessible in Qingdao and Tianjin, although HSFO supply remains constrained in these ports. In Shanghai, the availability of VLSFO and LSMGO has seen some improvement, while HSFO remains in short supply. In Fuzhou and Yangpu, VLSFO and LSMGO are readily available. But in Guangzhou, prompt availability for low-sulphur fuel grades remains limited. Meanwhile, VLSFO availability has tightened in Xiamen, while LSMGO supply remains unaffected.

In the Taiwanese ports of Hualien, Kaohsiung, Taichung, and Keelung, the availability of VLSFO and LSMGO remains steady, with recommended lead times of 3-4 days, virtually unchanged from last week.

In Hong Kong, all fuel grades are readily available, with recommended lead times of about seven days, but some suppliers can offer early deliveries for smaller stems. Rough weather conditions are expected to affect bunker deliveries at the port on Thursday.

In South Korean ports, the availability of all grades remains ample despite sluggish bunker demand. Most suppliers are advising lead times of around three days for all grades, consistent with the previous week.

Strong winds and high waves are forecast intermittently throughout this week and could impact bunker operations at the South Korean ports of Ulsan, Onsan, Busan, Daesan, Taean and Yeosu.

In Japan, bunker demand remains slow due to high prices. Tokyo’s VLSFO was priced about $24/mt higher than Singapore’s VLSFO and $34/mt higher than Zhoushan’s VLSFO price on Tuesday. Lead times differ across major Japanese ports, ranging from around seven days in Tokyo, Chiba, Osaka, Kobe, Nagoya, and Yokkaichi, to longer periods of 11-15 days in Mizushima and Oita.

In Western Australia, both Kwinana and Fremantle ports can readily offer VLSFO and LSMGO, with recommended lead times of 7-8 days. In New South Wales, LSMGO is readily available in Sydney, while HSFO availability is subject to enquiry. In Victoria, VLSFO and LSMGO are easily available in Melbourne, while ample VLSFO supply is available in Geelong. Prompt HSFO supply can be tight in both ports.

In Queensland, both Brisbane and Gladstone ports have sufficient VLSFO and LSMGO stocks, with suggested lead times of 7-8 days. HSFO availability remains limited in Brisbane.

In the ports of Tauranga and Auckland in New Zealand, LSMGO availability is good, and VLSFO supply is also ample in Auckland.

Adverse weather conditions may impact bunkering operations in Hai Phong (Vietnam) on Thursday and in Tauranga (New Zealand) on Wednesday and Thursday.

South Asia

In several Indian ports, including Mumbai, Kandla, Tuticorin, Chennai, Cochin, Visakhapatnam, and Haldia, VLSFO and LSMGO availability has been tight due to supply shortages. One supplier in Paradip is almost running out of both grades.

Sikka and Kandla ports in India are forecast to experience adverse weather conditions over the weekend, which could disrupt bunkering.

Middle East

Bunker demand for all grades remains low in the UAE port of Fujairah. Despite low demand, availability for very prompt dates remains tight for all grades, with most suppliers projecting lead times ranging from 5-7 days.

In the UAE port of Khor Fakkan, most suppliers are recommending similar lead times of 5-7 days.

At Saudi Arabia’s Jeddah port, the supply of VLSFO and LSMGO remains sufficient. Meanwhile, in Djibouti, certain suppliers are experiencing VLSFO shortages, while LSMGO supply remains normal.

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

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 15 May 2024

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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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