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ENGINE: East of Suez Bunker Fuel Availability Outlook (24 Feb 2026)

Demand low in Zhoushan; availability good in Hong Kong; availability very tight across all grades in Fujairah.

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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:

  • Demand low in Zhoushan
  • Availability good in Hong Kong
  • Availability very tight across all grades in Fujairah

Singapore and Malaysia

In Singapore, VLSFO availability has improved marginally, with recommended lead times easing to 6–10 days, from 8–13 days last week. LSMGO lead times have also shortened, falling to 4–9 days from 8–12 days previously. HSFO now requires about 6–12 days, compared with 8–12 days last week.

The modest improvement stems from softer demand during the Chinese New Year holiday period, which has reduced supply pressure, a source said.

On the inventory front, Singapore’s residual fuel oil stocks have averaged 2% lower so far in February compared with January, according to Enterprise Singapore’s latest data. Total fuel oil inventories have dipped below 24 million bbls, amid a 13% drop in net fuel oil imports this month. Although imports have risen by 259,000 bbls, exports have increased more sharply, up by 680,000 bbls.

In contrast, the port’s middle distillate inventories have averaged 5% higher so far this month, reaching their highest level since November.

Elsewhere in the region, Port Klang reports generally adequate supply of VLSFO and LSMGO—particularly for smaller prompt stems—while HSFO availability remains tight and relatively harder to secure.

East Asia

Availability in Zhoushan has improved across all grades amid muted demand. Lead times for VLSFO and LSMGO have shortened to 3–5 days, compared with 7–10 days last week. HSFO now requires 5–7 days, down from 7–10 days previously.

In Hong Kong, bunker lead times remain steady at around seven days for all grades, broadly unchanged in recent weeks.

Taiwan’s lead times for VLSFO and LSMGO are also largely stable. Deliveries in Keelung and Hualien require about two days’ notice, while Kaohsiung and Taichung continue to advise slightly longer lead times of around three days.

In South Korea, several suppliers are recommending lead times of 3–8 days across all bunker grades, almost unchanged from 3–7 days last week.

In Japan, VLSFO availability remains ample at major ports including Tokyo, Chiba, Yokohama and Kawasaki. Supply is tighter in Nagoya, Yokkaichi, Mizushima and Tokuyama, where recommended lead times are holding at 7–10 days. LSMGO availability is generally steady nationwide, while B24-VLSFO can be supplied on request in Tokyo, Chiba and Yokohama.

HSFO stocks are broadly stable across several ports. Oita reports sufficient availability of all three grades, and Kashima has adequate volumes of both VLSFO and HSFO.

Bunkering activity in Japan is expected to slow on 20 March, due to the observance of Vernal Equinox Day.

Oceania

Bunker supply across Australia remains broadly stable. VLSFO and LSMGO are readily available nationwide, with standard lead times of around seven days.

In Western Australia, suppliers in Kwinana and Fremantle are recommending roughly one week’s notice. Most deliveries are conducted by barge through a single supplier, while LSMGO can also be distributed by truck. Strong afternoon winds continue to disrupt schedules intermittently.

In New South Wales, VLSFO is delivered by both truck and pipeline. Pipeline parcels typically begin at about 70 mt, with smaller volumes transported by truck. Sydney has one operational barge, alongside truck and limited pipeline options at selected berths. Delivery schedules are often adjusted to prioritise naval and cruise vessels. While VLSFO and LSMGO inventories are healthy, HSFO remains tight and generally requires seven days’ notice. The peak cruise season from December to February in Sydney, Cairns and Darwin is placing additional strain on berth and barge availability. A Sydney-based supplier noted that heavy vessel traffic is stretching port logistics, although overall supply conditions remain steady.

In Queensland, Brisbane and Gladstone continue to supply VLSFO and LSMGO with lead times of around seven days. HSFO is available on request in Brisbane. Gladstone may still face occasional weather-related disruptions, and access restrictions persist at Brisbane’s AAT terminal. Two barges operated by separate suppliers are active in Brisbane, handling VLSFO and LSMGO deliveries, while HSFO is supplied on enquiry.

In Victoria, suppliers in Melbourne and Geelong report robust stocks of VLSFO and LSMGO. HSFO remains tight for prompt stems, though Melbourne currently holds sufficient volumes. Both ports rely on a single barge, and lead times are close to seven days. LSMGO can also be trucked to smaller ports, such as Portland and Port Welshpool, within 2–3 days.

Overall, Australia’s bunker market appears balanced, with many deliveries achievable within three to four days due to comfortable stock levels. Even at ports equipped with pipelines, such as Darwin and Dampier, trucks continue to play a key role in distribution.

In New Zealand, supply conditions are steady. VLSFO is readily available in Tauranga and Auckland, with pipeline access at certain berths in Tauranga. Marsden Point can deliver both VLSFO and LSMGO via pipeline to cargo vessels, although truck supply across South Island ports remains limited.

South Asia

Adverse weather conditions are expected to impact operations at India’s Sikka between 25–26 February and at Visakhapatnam on 28 February, potentially disrupting bunkering activities at both ports.

In Sri Lanka, supply conditions remain stable. A supplier operating in Colombo and Hambantota is quoting lead times of around five days for all fuel grades, broadly unchanged from last week.

Middle East

In Fujairah, bunker availability remains extremely tight across all grades. Most suppliers are now quoting earliest delivery windows into March and are unable to confirm firm dates. Lead times across grades range from at least 10–12 days. A few suppliers can still accommodate prompt stems, but these typically come at high premiums. The tightness is being driven by strong demand, compounded by rising geopolitical tensions in the region, particularly escalating Iran–US strains. Many suppliers are delaying loading plans until there is greater clarity on the situation, a source said.

In Basrah, VLSFO and LSMGO are readily available, while HSFO continues to face supply constraints.

Jeddah reports good availability of both VLSFO and LSMGO, though adverse weather is expected to disrupt bunkering operations in Jeddah and Yanbu between 24–25 February.

At Port Suez, stocks of VLSFO, LSMGO and HSFO are nearing depletion. Weather-related disruptions are forecast at Port Suez on 26 February and at Port Said between 26–27 February.

In Ras Laffan, LSMGO remains in tight supply. VLSFO is available only by barge and exclusively at anchorage.

Djibouti is experiencing tight VLSFO availability, while LSMGO stocks are close to exhaustion.

Across Oman—including Sohar, Salalah, Muscat and Duqm—bunker supply conditions remain stable, with suppliers consistently offering LSMGO for prompt delivery.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 25 February, 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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