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ENGINE: East of Suez Bunker Fuel Availability Outlook (6 Feb 2024)

VLSFO and HSFO availability remains tight in Singapore; bunker demand is low in weather-exposed Zhoushan; prompt availability is tight in Fujairah.

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ENGINE East of Suez 1

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:

  • VLSFO and HSFO availability remains tight in Singapore
  • Bunker demand is low in weather-exposed Zhoushan
  • Prompt availability is tight in Fujairah

Singapore and Southeast Asia

Five suppliers out of the large pool of suppliers in Singapore are struggling to meet delivery schedules. This has resulted in constrained availability and delays in deliveries. Currently, it’s taking nearly two weeks for VLSFO delivery, compared to around 10 days last week. HSFO requires lead times of 8-11 days, while LSMGO lead times vary between 3-11 days.

Recent data from Enterprise Singapore showed that residual fuel oil stocks in Singapore averaged 8% higher in January compared to December. This coincided with a significant 44% surge in net fuel oil imports in January, with both imports and exports gaining last month. Fuel oil imports grew by 1.57 million bbls last month, outpacing the growth in exports by 21,000 bbls, contributing to stock building.

However, middle distillate stocks slumped in the port, and averaged 15% lower in January compared to December.

VLSFO and LSMGO availability has improved in Malaysia’s Port Klang, with most suppliers now able to offer prompt dates. Lead times of around 14 days were recommended for both grades last week. However, the supply of HSFO continues to remain under pressure.

China and East Asia

Bunker deliveries have resumed across all Zhoushan anchorages on Tuesday after being halted for a day due to adverse weather conditions, a source says. The Chinese bunkering hub has been facing prolonged adverse weather conditions over the past few weeks, resulting in bunker backlogs. Most suppliers are now recommending lead times of 7-10 days for VLSFO, up from 5-8 last week. Additionally, HSFO and LSMGO require lead times of 5-7 days.

According to a source, the Chinese Lunar New Year holidays from 10-17 February have not stimulated demand in Zhoushan, with the port still encountering sluggish demand. Typically, stems for upcoming deliveries can be reserved at the port until Tuesday before the holiday period commences.

Dalian faces a tight supply of VLSFO and LSMGO, while Tianjin experiences tightness across all grades. Qingdao has constrained prompt availability of VLSFO and LSMGO, and HSFO remains subject to enquiry.

Suppliers in southern Chinese ports, including Shanghai, Xiamen and Guangzhou, are encountering tight availability of VLSFO and LSMGO, and HSFO is also tight in Shanghai. Both low-sulphur grades are under pressure in Fuzhou and Yangpu.

Due to Singapore’s heavy congestion and tight delivery schedules, multiple vessels have opted to lift bunkers at ports such as Hong Kong and Port Klang as well. Despite the heightened bunker demand, availability of all grades has improved in Hong Kong, with lead times coming down from 10 days last week to around seven days now.

Adverse weather conditions have kept bunker demand “quiet” in South Korean ports. Several suppliers are grappling to clear bunker backlogs caused by recent weather-induced disruptions. These delays have extended lead times for deliveries. Lead times for HSFO have gone up from 5-10 days last week, to 8-11 days now. VLSFO and LSMGO lead times vary widely between 3-10 days now.

Bunker operations in several South Korean ports, including Ulsan, Onsan, Busan, Daesan, Taean, and Yeosu, may face intermittent disruptions between Friday and Sunday due to anticipated high waves, potentially impacting bunkering.

In Japan, bunkering demand continues to remain sluggish. Various lead times are recommended across all grades in key Japanese ports, with around 4-5 days in Tokyo, Chiba, Osaka and Kobe, approximately seven days in Nagoya, Yokkaichi and Mizushima, and longer periods of around 10 days in Oita.

Additionally, adverse weather conditions are predicted in the Thai ports of Koh Sichang and Leam Chabang between 11-12 February, and in the Vietnamese port of Ho Chi Minh between 9-10 February, posing potential challenges for bunker deliveries.

South Asia

Kandla, situated on India’s northwest coast, has good availability of VLSFO and LSMGO, with prompt supply available. However, several other Indian ports, including Mumbai, Cochin and Chennai, are grappling with supply shortages for both grades.

All three bunker fuel grades are readily available in the Sri Lankan port of Colombo.

Middle East

Ongoing attacks on commercial ships in the Red Sea have led shipping companies to divert vessels around Africa rather than using the shorter Suez Canal route. This change in shipping routes has gradually dented bunker demand in Fujairah.

Despite a decrease in demand, prompt availability remains tight for all grades in Fujairah, with recommended lead times of 7-10 days – unchanged from last week. However, some suppliers can still provide prompt stems across all grades in the port.

A similar situation is observed in the UAE port of Khor Fakkan, where several suppliers advise unchanged lead times of 7-10 days.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 7 February, 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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