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ENGINE: East of Suez Bunker Fuel Availability Outlook (16 April 2024)

Prompt HSFO availability improves in Singapore; VLSFO and LSMGO availability good across several Chinese ports; several Middle East ports could face weather disruptions.

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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:

  • Prompt HSFO availability improves in Singapore
  • VLSFO and LSMGO availability good across several Chinese ports
  • Several Middle East ports could face weather disruptions

Singapore and Southeast Asia

Bunker demand in Singapore has seen an uptick so far this week. Lead times for VLSFO in the port have shown significant fluctuations in recent weeks. Most suppliers advise up to 13 days for the grade, while some can accommodate within six days.

Prompt HSFO availability has slightly improved in the port, with recommended lead times now at 6-10 days, down from 8-14 days last week. LSMGO can be arranged within 2-6 days in Singapore.

According to Enterprise Singapore, the port’s residual fuel oil stocks have remained relatively stable, matching March levels in the first week of April. The port’s fuel oil stocks have remained steady at 21 million bbls despite a 10% drop in the port’s net fuel imports so far this month. Both imports and exports have decreased, with fuel oil imports down by 667,000 bbls, more than double the 249,000 bbls decline in exports. Conversely, middle distillate stocks in Singapore have averaged 9% higher this month.

In Malaysia’s Port Klang, VLSFO and LSMGO grades are readily available, with some suppliers able to offer prompt dates for smaller parcel sizes. However, HSFO availability remains constrained due to limited product availability.

In the Indonesian ports of Jakarta and Surabaya, the availability of VLSFO and LSMGO remains good. Additionally, the port of Balikpapan has an ample supply of VLSFO.

China, East Asia and Oceania

All bunker fuel grades remain readily available in Zhoushan, with short lead times of 2-5 days recommended by several suppliers – virtually unchanged from last week.

In north China, Dalian port has ample VLSFO and LSMGO available. Similarly, Qingdao and Tianjin have abundant availability of VLSFO and LSMGO, while HSFO supply remains limited in both ports. The availability of VLSFO and LSMGO has improved in Shanghai, but HSFO remains constrained. In Fuzhou, Yangpu, and Xiamen, both VLSFO and LSMGO are readily available. However, in Guangzhou, the supply of low-sulphur fuel grades is limited for prompt delivery dates.

VLSFO and LSMGO remain readily available in the Taiwanese ports of Hualien, Kaohsiung, Taichung, and Keelung with recommended lead times of around two days.

All bunker fuel grades are readily available in Hong Kong. Lead times of seven days are typically recommended. But adverse weather conditions are predicted to hit Hong Kong on Sunday, which may impact bunker deliveries.

Despite subdued bunker demand, South Korean suppliers are maintaining competitive pricing for VLSFO. This is partly due to South Korean refineries offering bunkers at lower prices as they work to clear excess stockpiles. Busan’s VLSFO price was trading at near parity levels with regional bunker ports such as Singapore and Zhoushan on Tuesday.

All bunker fuel grades remain readily available in South Korean ports, with most suppliers recommending lead times of 3-7 days. However, rough weather is forecasted over the weekend in South Korean ports including Ulsan, Onsan, Busan, Daesan, Taean, and Yeosu, which may potentially disrupt bunkering operations.

In Japan, sluggish bunker demand persists due to elevated prices and limited cargo availability. Tokyo’s VLSFO was priced about $52/mt higher than Singapore’s VLSFO on Tuesday and $48/mt higher than Zhoushan’s. Lead times vary across key Japanese ports, from around five days in Tokyo, Chiba, Osaka, Kobe, Nagoya and Yokkaichi, to longer periods of 9-13 days in the ports of Mizushima and Oita.

In Western Australia, the ports of Kwinana and Fremantle have abundant supplies of VLSFO and LSMGO, with recommended lead times of 7-8 days in both ports. Moving to Sydney in New South Wales, prompt supply of LSMGO is available, while HSFO availability is limited.

In Victoria, Melbourne has an abundant supply of VLSFO and LSMGO, while Geelong also offers good availability of VLSFO. However, HSFO supply faces pressure in both Melbourne and Geelong. In Queensland, the ports of Brisbane and Gladstone have good VLSFO and LSMGO supply available, with recommended lead times of 7-8 days. HSFO availability remains limited in Brisbane.

Additionally, adverse weather conditions are predicted in the Thai ports of Koh Sichang and Leam Chabang between 19-22 April, and in the Vietnamese ports of Ho Chi Minh and Hai Phong on 16 April, posing potential challenges for bunker deliveries.

South Asia

VLSFO and LSMGO availability remains constrained in Indian ports, with most suppliers experiencing supply shortages.

Ports such as Mumbai, Kandla, Tuticorin, Chennai, Cochin, Visakhapatnam, Haldia and Paradip are encountering VLSFO and LSMGO shortages, leading to uncertain delivery schedules contingent on availability.

Sikka and Mumbai ports in India are forecast to experience adverse weather conditions on Wednesday and Thursday, which could disrupt bunkering.

Middle East

Bunker demand has improved in the UAE port of Fujairah. Most suppliers are advising lead times of around seven days for all grades in the port. However, the port was witnessing strong winds and waves on Tuesday, which might impact barge deliveries there. Bad weather conditions are forecast to persist until Thursday, which could complicate deliveries.

The other UAE ports of Khor Fakkan, Dubai, Saqr and Ras Al Khaimah are also facing adverse weather conditions, which are likely to continue until Thursday. Bad weather conditions could affect bunkering in these ports.

Most suppliers are recommending lead times of around seven days across all bunker fuel grades in Khor Fakkan.

Port operations in Dubai remain restricted, while the ports of Saqr and Ras Al Khaimah are on alert, according to GAC Hot Port News.

In the nearby Sohar port in Oman, bunker operations have largely remained unaffected by bad weather conditions, a trader says. There may be some delays, but bunkering so far has not been suspended in the port, the trader adds.

In Omani ports such as Sohar, Salalah, Muscat, and Duqm, LSMGO is readily available.

In Saudi Arabia’s Jeddah port, both VLSFO and LSMGO remain good. However, in the nearby port of Djibouti, certain suppliers are experiencing VLSFO shortages, while LSMGO supply remains consistent.

Bad weather is predicted in the Egyptian ports of Suez and Said, Saudi Arabia’s port of Jeddah and the Djiboutian port of Djibouti between Tuesday and Thursday, which may impact bunker operations.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 17 April 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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