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ENGINE: East of Suez Bunker Fuel Availability Outlook

Fujairah bunkering inches closer to normal operation; bunker demand sluggish in China’s bunker hub – Zhoushan; Singapore’s Hi5 spread narrows further.

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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:

16 August 2022

  • Fujairah bunkering inches closer to normal operation
  • Bunker demand sluggish in China’s bunker hub – Zhoushan
  • Singapore’s Hi5 spread narrows further

 

Singapore

VLSFO and HSFO supply remains “super tight” for prompt dates in Singapore. Recommended lead times are around 9-12 days.

Bunker demand has been normal in Singapore so far this week. A series of VLSFO and LSMGO stems were fixed at the beginning of the week, while HSFO fixtures have been fewer. 

Singapore’s residual fuel oil inventories have been drawn for five consecutive weeks amid lower imports and have averaged 12% lower so far this month than in July, while its middle distillate stocks are up by 3% on the month, according to Enterprise Singapore.

Tightening HSFO availability prospects and a steep decline in Singapore’s VLSFO price in recent weeks have contributed to narrow the port’s Hi5 spread to $220/mt, which is less than half its peak above $570/mt around mid-July.

LSMGO remains more readily available, and its lead times remain steady at 4-6 days.

 

East Asia

VLSFO and LSMGO availability is normal in China’s Zhoushan and Shanghai. Prices of the two grades in Zhoushan have come under pressure in recent weeks due to ample stocks in the port and weak demand, sources say.

Securing HSFO for prompt dates in Zhoushan and Shanghai is slightly difficult as fewer suppliers offer the grade, sources say.

Suppliers in Zhoushan struggled to deliver stems outside of the port’s outer limit (OPL) and Tiaozhoumen anchorage on Tuesday due to rough weather conditions, sources say.

Availability is normal across HSFO, VLSFO and LSMGO grades in Hong Kong as suppliers have ample stocks. Recommended lead times are around 4-5 days.

Bunker fuel availability is normal across all grades in South Korea’s Busan. Recommended lead times for VLSFO and LSMGO is around five days.

VLSFO and LSMGO availability is tight for prompt dates in Vietnamese ports. A supplier can offer VLSFO for prompt dates but on cash in advance basis, sources say.

LSMGO availability is normal in Philippines’ Manila. A supplier can offer deliveries for prompt dates.

 

South Asia

Availability of LSMGO and VLSFO remains normal in India’s Mumbai. Prompt VLSFO supply is tight in Mundra on India’s northwest coast and requires around six days of lead time, while HSFO has a shorter lead time of 3-4 days.

VLSFO supply is almost out of stock in Visakhapatnam and Kakinada on India’s east coast, where a supplier expects to receive replenishment stock by next week. LSMGO is more readily available.

Bunker fuel availability is normal in Colombo and Trincomalee, and some suppliers can offer VLSFO and LSMGO for prompt dates, sources say. HSFO availability is normal, but typically requires at least 4-5 days of lead time as the grade is supplied by a smaller number of suppliers.

 

Middle East

Bunker operations in Fujairah have nearly normalised after the port’s terminals were hit with heavy flooding in late July. Barge loading delays and congestion have come down in Fujairah as more terminals have resumed normal operations, sources say

VLSFO and LSMGO availability is tight in Fujairah for prompt dates. Some suppliers can offer VLSFO for prompt dates, but these are typically priced higher. Prompt stems have typically been priced $50-55/mt higher than for dates further out, while in some cases premiums can go even higher, a source says.

Recommended lead times for VLSFO and LSMGO are around six days. HSFO availability is normal, and some suppliers can offer limited quantities for prompt dates. 

VLSFO and LSMGO availability is normal in Oman’s Sohar. Some suppliers resumed VLSFO offers from last week after Sohar’s sole barge was able to load the fuel from Fujairah, sources say.  

VLSFO availability is normal in Saudi Arabia’s Jeddah, while LSMGO is said to be tight, according to sources.

 

Photo credit and source: ENGINE
Published: 17 August, 2022

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Winding up

Singapore: Liquidators of Nan Ho Maritime, Nan Xin Maritime issue notices of dividend

Nan Ho Maritime’s second interim dividend and Nan Xin Maritime’s second and final dividend are payable from 4 September, according to Government Gazette notices.

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Notices of dividend for Nan Ho Maritime Pte Ltd and Nan Xin Maritime Pte Ltd, which are currently in creditors’ voluntary liquidation, were published on the Government Gazette on Friday (4 September). 

The following are the details of the notice for Nan Ho Maritime:

Name of Company : Nan Ho Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 200814315C
Address of Former Registered Office : 21 Bukit Batok Crescent, #22-70 WCEGA Tower, Singapore 658065
Amount per centum : 2.305 per centum of all admitted ordinary claims
First and Final or otherwise : Second interim dividend
When Payable : 4 September 2026 onwards
Where Payable : c/o AAG Corporate Advisory Pte. Ltd., 11 Collyer Quay, #07-02 The Arcade, Singapore 049317

The following are the details of the notice for Nan Xin Maritime:

Name of Company : Nan Xin Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 201701966W
Address of Former Registered Office : 21 Bukit Batok Crescent, #22-70 WCEGA Tower, Singapore 658065
Amount per centum : 3.980 per centum of all admitted ordinary claims
First and Final or otherwise : Second and final dividend
When Payable : 4th day of September 2026 onwards
Where Payable : c/o AAG Corporate Advisory Pte. Ltd., 11 Collyer Quay, #07-02 The Arcade, Singapore 049317

 

Photo credit: Benjamin Child
Published: 7 September, 2026

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LNG Bunkering

Singapore-based EPS takes delivery of three LNG dual-fuel bulk carriers

Three vessels are the third, fourth and fifth in the company’s series of 14 Newcastlemaxes being built at the yard, and were delivered five months ahead of their contracted delivery dates.

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Singapore-based Eastern Pacific Shipping (EPS) on Friday (4 September) announced the naming and delivery of three new LNG dual-fuel Newcastlemax bulk carriers from China’s Qingdao Beihai Shipbuilding. 

Cyril Ducau, CEO of EPS, said the vessels were named Mount Victoria, Mount Yulong and Mount Wuyi

The three vessels are the third, fourth and fifth in the company’s series of 14 Newcastlemaxes being built at the yard, and were delivered five months ahead of their contracted delivery dates.

“A big thank you to CSSC Group and Qingdao Beihai Shipbuilding, working alongside our EPS team, for the tremendous collaboration and commitment behind this achievement,” Ducau said in a social media post.  

 

Photo credit: Eastern Pacific Shipping
Published: 7 September, 2026

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Port & Regulatory

ISWG-GHG 22: IMO working group aims to present NZF text at MEPC 85

The Chair expressed his observation of a genuine willingness within the Group to make concrete further progress at the next ISWG-GHG meeting and work towards presenting text to MEPC 85.

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The Intersessional Working Group on Reduction of Greenhouse Gas (GHG) Emissions from Ships (ISWG-GHG 22) met for its 22nd meeting from 1 to 4 September 2026, chaired by Mr. Sveinung Oftedal (Norway), according to the International Maritime Organization on Friday (4 September). 

According to a meeting summary by IMO, the meeting had a high level of participation, with nearly 1200 registered participants, in person and online.

During the meeting participants considered the following agenda items:

Consideration of proposals, including documents submitted to MEPC 84 and 85, previous sessions of ISWG-GHG, as well as documents submitted to ISWG-GHG 22, on how to address concerns with the draft amendments to MARPOL Annex VI on the Net-Zero Framework, in line with the 2023 IMO GHG Strategy

Following constructive discussions, the Chair expressed his observation of a genuine willingness within the Group to make concrete further progress at the next ISWG-GHG meeting and work towards presenting text to MEPC 85 that adequately addresses the noted progress made in the consideration of proposals on how to address concerns raised regarding the draft amendments to MARPOL Annex VI on the mid-term measure.

The Group invited interested delegations to continue to consult intersessionally to address remaining concerns with the draft amendments to MARPOL Annex VI, in line with the 2023 IMO GHG Strategy, taking into account views expressed at the Group’s session, with a view to submitting concrete proposals reflecting enhanced convergence allowing timely adoption and effective implementation.

Further consideration of the draft guidelines supporting the uniform and effective implementation of IMO’s mid-term measures.

The Group held a preliminary exchange of views on this agenda item, although time became a limiting factor and the Group and agreed to defer the consideration of all documents submitted to this session under this agenda item to ISWG-GHG 23 (23-27 November 2026).

Further consideration of the development of the IMO Life Cycle GHG Assessment (LCA) framework.

Due to time constraints, the Group was not able to consider the agenda item related to the IMO Life Cycle GHG Assessment (LCA) framework. The Group deferred the consideration of those documents to ISWG-GHG 23, in conjunction with the report of the fourth meeting of the GESAMP-LCA Working Group expected to be submitted to MEPC 85.

Next steps

The next meeting of the Intersessional Working Group on Reduction of Greenhouse Gas (GHG) Emissions from Ships (ISWG-GHG 23) is scheduled for 23 to 27 November 2026, ahead of MEPC 85 (30 November to 3 December).

The second extraordinary session of MEPC (adjourned last October) is scheduled to resume on 4 December, subject to discussions at MEPC 85.

 

Photo credit: International Maritime Organization
Published: 7 September, 2026

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