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ENGINE: East of Suez Bunker Fuel Availability Outlook (26 March 2024)

Availability is good across all grades in Zhoushan; VLSFO and LSMGO availability is good across several Chinese ports; several East Asian 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:

  • Availability is good across all grades in Zhoushan
  • VLSFO and LSMGO availability is good across several Chinese ports
  • Several East Asian ports could face weather disruptions

Singapore and Malaysia

Prompt availability of VLSFO has improved a bit in Singapore. Most suppliers recommend up to 12 days of lead time, while some can accommodate stems in as little as three days in the port. This has improved from the week prior, when traders recommended longer lead times ranging between 9-13 days.

Three suppliers are struggling to meet delivery schedules in Singapore. HSFO prompt supply is tight, with lead times of 8-14 days recommended, unchanged from last week. In contrast, LSMGO has shorter lead times of 3-9 days.

According to Enterprise Singapore’s latest data, Singapore’s residual fuel oil stocks in March have averaged 3% lower than in February. The port experienced a 12% decrease in net fuel oil imports this month, despite increases in both imports and exports. Fuel oil exports surged by 529,000 bbls, while imports saw a modest gain of 12,000 bbls, contributing to the stock decline. Conversely, the port’s middle distillate stocks surged 17% this month to 10.38 million bbls, reaching multi-month high levels.

In Malaysia’s Port Klang, prompt availability for VLSFO and LSMGO remains good, with several suppliers offering prompt supply. HSFO remains very tight due to the low product availability with suppliers.

China, East Asia and Oceania

All grades remain in good supply for prompt dates in Zhoushan, with several suppliers recommending lead times of 2-5 days – largely unchanged from last week. Bunker operations in Zhoushan’s OPL area resumed on Tuesday after being shut down since Friday due to bad weather conditions, a source said. All anchorages in the Chinese bunkering hub were operational on Tuesday.

In north China, Dalian maintains good availability of VLSFO and LSMGO, while Tianjin experiences tightness across all fuel types. Qingdao has ample availability of VLSFO and LSMGO, but HSFO availability is subject to enquiry. In the southern port of Shanghai, VLSFO and LSMGO availability have improved, although HSFO availability is still under pressure. In Fuzhou, Yangpu, and Xiamen, both VLSFO and LSMGO are readily available. However, both low-sulphur fuel grades remain limited in Guangzhou.

In Hong Kong, all bunker fuel grades remain readily available, with lead times of around seven days generally recommended for smooth coverage. Strong wind gusts of 19-22 knots and swells of more than a metre are forecast to hit the port on Wednesday, which might bunker deliveries.

Prompt availability has gotten tighter in several South Korean ports. Suppliers in southern and western ports are now recommending lead times of around 7-10 days, more than a double from 3-4 days in the previous week.

Notably, high waves and strong winds, are forecast in periods through the week in the South Korean ports of Ulsan, Onsan, Busan, Daesan, Taean, and Yeosu, which could potentially impact bunker operations at these ports.

Bunker demand remains sluggish across Japanese ports, with lead times ranging from 7-10 days in Tokyo, Chiba, Osaka, and Kobe, around 13 days in Nagoya and Yokkaichi, and even longer periods of 15-17 days in Mizushima and Oita.

Rough weather is also forecast in the Vietnamese ports of Ho Chi Minh (26-27 March) and Hai Phong (31 March-1 April) and in the Kiwi port of Tauranga (27-31 March), potentially affecting bunkering operations in these ports.

South Asia

VLSFO and LSMGO supply shortages have been reported in several Indian ports, including the major ports of Kandla, Mumbai, Chennai, Visakhapatnam and Haldia.

In Cochin and Paradip, some suppliers have almost run out of VLSFO and LSMGO stocks, a source says.

Adverse weather conditions are forecast at the Indian ports of Kandla, Sikka, and Visakhapatnam intermittently later this week and early next week, which could potentially disrupt bunkering operations.

On the flipside, the Sri Lankan ports of Trincomalee and Colombo have ample VLSFO and LSMGO supply, along with good availability of HSFO in Trincomalee.

Middle East

Many shipping companies continue to steer clear of the Red Sea route because of ongoing attacks by Houthis on commercial vessels. Instead, they are opting for the longer voyage around Africa, avoiding the shorter Suez Canal route. This change in shipping routes is gradually influencing bunker fuel demand in Fujairah.

Prompt availability remains tight in the UAE port of Fujairah, with many suppliers recommending lead times of 7-10 days for all bunker fuel grades, unchanged from last week. Overall, bunker demand has slowed in the port, a source says.

In the UAE port of Khor Fakkan, most suppliers are recommending lead times of 7-10 days, similar to Fujairah. Suppliers across UAE ports, including Fujairah, Khor Fakkan and Dubai are bracing for potential bunkering disruptions from Tuesday to Friday due to anticipated adverse weather conditions.

In the Saudi Arabian port of Jeddah, both VLSFO and LSMGO are readily available. However, in the nearby port of Djibouti, some suppliers are experiencing VLSFO shortages, while LSMGO supply remains stable.

The Omani ports of Sohar, Salalah, Muscat, and Duqm have abundant LSMGO available

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 27 March 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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