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ENGINE: East of Suez Bunker Fuel Availability Outlook

Singapore’s HSFO imports estimated up in May; availability tight in Zhoushan and South Korean ports;
Hong Kong’s VLSFO and HSFO remain tight

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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:

17 May 2022

  • Singapore’s HSFO imports estimated up in May
  • Availability tight in Zhoushan and South Korean ports
  • Hong Kong’s VLSFO and HSFO remain tight

Singapore

HSFO remains “super tight” in Singapore. Recommended lead times are up to two weeks. However, a supplier can offer limited deliveries with a shorter lead time of 4-5 days, a trader says.

Recommended lead times for VLSFO are around 10-13 days, while LSMGO has a shorter lead time of 3-6 days.

Some suppliers have stopped sharing organic chloride-detecting GCMS test results, as they have not faced quality concerns lately, a source says. Meanwhile, buyers can get the GCMS testing done on their end.

Swift action by the Maritime and Port Authority of Singapore regarding chloride contaminated fuel issues has played a part to ease concerns in the market, sources say.

Singapore has been ramping up HSFO imports. According to cargo tracker Vortexa, Singapore has imported 328,000 b/d of HSFO until 12 May, up from 234,000 b/d across April. It projects that HSFO imports will rise to 440,000 b/d for the whole of May.

HSFO cargo inflows from the UAE, Bahrain, Venezuela and Saudi Arabia have helped boost import volumes so far in May.

Singapore’s combined high and low sulphur fuel oil inventories plunged 15% lower in the latest week, while its middle distillate stocks gained weight and bounced off from multi-year lows, according to Enterprise Singapore. Its fuel oil inventories were drawn amid a 17% decline in net imports in the first two weeks of May, compared to April’s weekly average.

The bunkering hub’s total sales in April were roughly steady, but its HSFO sales plunged by 13% as the extent of the contamination issue became clear, according to preliminary figures of the Maritime and Port Authority of Singapore.

East Asia

Bunker demand picked up and has remained robust in Hong Kong after quarantine restrictions were lifted, adding more pressure on fuel availability. Recommended lead times for VLSFO are around 5-7 days and HSFO around five days. LSMGO is more readily available for prompt deliveries, sources say.

Availability remains tight in South Korean ports. Two suppliers stopped offering fuel to the bunker market earlier this month. They are not expected to offer much for the rest of the month either, amid low inventories and pressure to cater to domestic fuel demand, sources say. Recommended lead times are around 7-10 days for all grades.

Bunker fuel availability remains tight in Zhoushan across all grades. Some suppliers are out of stock for VLSFO and HSFO, while a few suppliers can offer limited prompt deliveries, sources say. A supplier can offer HSFO with the earliest delivery date from 22 May. 

Suppliers in Zhoushan expect availability to remain tight throughout this month, sources say.

In Philippines’ Manila port, LSMGO availability is normal and recommended lead times are around three days, a source says.

South Asia

Bunker fuel availability in India’s Mumbai and Kochi ports is normal. Some suppliers can offer prompt deliveries for VLSFO and LSMGO, a source says.

Bunker deliveries in the Indian ports of Visakhapatnam and Kakinada ports resumed last Friday, allowing suppliers to clear any backlogs. Availability is normal for VLSFO and LSMGO in Visakhapatnam, sources say.

In Sri Lanka’s Colombo, a supplier can offer prompt deliveries for VLSFO and LSMGO, while HSFO remains tight due to a lack of product to supply, sources say. Meanwhile, in Trincomalee, availability is tight across all grades. Some suppliers can offer VLSFO from 23 May at the earliest.

Availability of LSMGO is tight in Bangladesh’s Chittagong, a source says.

Middle East

HSFO availability remains tight in Fujairah and recommended lead times are around nine days. VLSFO and LSMGO availability are slightly better with recommended lead times of six days.

Some suppliers can offer limited prompt deliveries for VLSFO and LSMGO, a trader says.

In Iraqi Basra, availability is normal for VLSFO and LSMGO, sources say. A supplier can offer limited prompt deliveries.

Suppliers in the Omani ports of Duqm and Sohar have normal availability of LSMGO. A supplier can offer prompt deliveries, a source says.

 

Photo credit and source: ENGINE
Published: 18 May, 2022

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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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