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ENGINE: East of Suez Bunker Fuel Availability Outlook

VLSFO availability good in Zhoushan; VLSFO and LSMGO normal across Indonesian ports; weather to hit bunkering in Colombo.
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ENGINE East of Suez Bunker Fuel Availability Outlook

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 availability good in Zhoushan
  • VLSFO and LSMGO normal across Indonesian ports
  • Weather to hit bunkering in Colombo

 

Singapore

Availability of VLSFO remains tight in Singapore with lead times remaining almost steady on the week, at 11-13 days. Demand for the grade remains okay at the port, a source says.

Lead times of 9-12 days are recommended for HSFO in Singapore, compared to much shorter lead times of 5-6 days for LSMGO.

Singapore’s residual fuel oil stocks have remained steady with November levels so far this month, despite a 21% decline in net fuel oil imports, according to Enterprise Singapore. Fuel oil imports have fallen by 25% in Singapore so far in December. The port’s fuel oil exports have slumped 32% lower, but from a smaller base.

Singapore’s middle distillate stocks, meanwhile, have averaged 3% lower so far this month than in November.

 

East Asia

VLSFO availability remains good in Zhoushan with lead times 2-3 days advised. However, weather disruptions can delay deliveries in the port during the winter, and rough weather conditions are forecast until 25 December, a source says.

LSMGO cane be delivered prompt and requires around four days of lead time in Zhoushan. The arrival of replenishment cargoes has eased the tightness for the grade.

Availability of HSFO remains tight in the Chinese bunkering hub, with recommended lead times subject to enquiry. Replenishment cargo volumes are only expected to arrive in early January, which might alleviate the situation, a source says.

Availability across all grades remain fairly good in Hong Kong, with lead times of around seven days.

Meanwhile, recommended lead times for VLSFO across South Korean ports have halved from last week, to seven days now. Availability, however, remains tight for the grade despite low demand, a source says.

Lead times for LSMGO and HSFO are around a week out in South Korea’s southern ports. Deliveries of the grades remain subject to barge availability.

Bunkering in South Korean ports of Busan, Onsan and Incheon might be impacted by weather-related disruptions in the later part of the week, a source says.

LSMGO availability is normal in the Philippines’ Manila, with lead times of three days, as suppliers require approval from customs.

Availability of VLSFO and LSMGO is normal in Indonesian ports. One supplier can deliver prompt stems.

 

South Asia

Availability of both VLSFO and LSMGO remains good in India’s Mumbai. Recommended lead times for the grade are prompt at around two days.

Mundra on India’s northwest coast has good availability of VLSFO and HSFO, with lead times of five days.

VLSFO and LSMGO availability remains normal in Visakhapatnam on India’s southwestern coast. One supplier can also accommodate HSFO stems for prompt delivery, but these are typically subject to enquiry.

One supplier in Sri Lanka’s Colombo can offer all the grades, with short lead times of around four days. However, potential bunker disruptions are anticipated at the port from Wednesday afternoon through to Thursday, when strong winds are forecast.

 

Middle East

Recommended lead times are 8-9 days ahead for all fuel grades in Fujairah. Some suppliers can offer prompt stems for all the grades. The UAE port has been witnessing high demand for the past weeks, a source says.

Prompt delivery dates for LSMGO are available across the Omani ports of Duqm, Sohar, Salalah and Muscat.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 21 December, 2022

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Milestone

China: Xiamen port records 16.37% jump in bunker sales volume in 1H2025

Total of 416 international ships, an increase of 6.12% on year, received marine fuel in bunkering operations during the same period.
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July 11, 2025

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Xiamen port bunkering

The Port of Xiamen recorded bonded bunkering volume of 274,500 metric tonnes (mt) in the first half (1H) of 2025, representing a jump of 16.37% on year, reported Xiamen Daily on Thursday (10 July).

A total 416 international ships, an increase of 6.12% on year, received marine fuel in bunkering operations during the same period.

The report noted Xiamen Port to be increasing bunker players while optimising its bonded marine fuel supply chain system in recent years.

Before February 2025, there were only two bonded bunker fuel suppliers with national licenses operating at Xiamen Port.

The port welcomed Xiamen Kunlun Fuel Oil [厦门昆仑燃料油] as a new marine fuel supplier on 1 February; the company was awarded the first Xiamen local license by both Xiamen Customs and the local government.

Followingly, Xiamen Kunlun Fuel Oil performed its first bonded bunkering operation at Xiamen port on 26 February.

Xiamen Port earlier launched a pilot programme called “two warehouse functions superposition” which combines the functions of both bonded oil storage warehouse and export supervision warehouse into one unit.

Using just a single oil storage tank allows bunker fuel suppliers at Xiamen to save on renting tanks, reduce time spent on tank unloading, improve utilisation rates, and shorten bunker delivery times.

Related: PetroChina subsidiary wins first bonded bunkering licence in Xiamen

 

Photo credit: Xiamen Port Authority, China
Published: 11 July 2025

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Newbuilding

China: Steel cutting ceremony for methanol bunkering tanker “Lucia Cosulich” held

A steel cutting ceremony was held for the 7,999 DWT IMO Type 2 chemical bunker tanker at Taizhou Maple Leaf Shipyard, China.
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July 11, 2025

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Lucia Cosulich

Fratelli Cosulich Marine Energy on Wednesday (9 July) announced the steel cutting ceremony of Lucia Cosulich, a 7,999 DWT IMO Type 2 chemical bunker tanker – the second vessel in a series of four – at Taizhou Maple Leaf Shipyard, China.

“This milestone marks another bold step in our Marine Energy business unit’s commitment to clean fuel readiness and operational excellence,” said the company.

The vessel will be fully methanol-ready, capable of carrying, burning, and bunkering methanol safely and efficiently, with full regulatory compliance standards.

It will feature an integrated Nitrogen Generator System, ensuring safe and inert tank operations at all times. Equipped with advanced safety systems specifically engineered for low-flashpoint fuel handling, the vessel sets a new benchmark in future fuel readiness.

A complete methanol bunkering setup will come as standard, including the Quick Connect/Disconnect Couplings (QCDC), dedicated transfer lines and comprehensive monitoring and control systems to ensure efficient and secure fuel handling.

“Built on state-of-the-art architecture, she is designed not only to meet but to exceed the evolving demands of tomorrow’s energy supply chain,” noted the firm.

“Lucia Cosulich embodies our vision to lead the transition within the maritime fuel landscape.”

 

Photo credit: Fratelli Cosulich
Published: 11 July 2025

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Financial Result

Glander International Bunkering reports EBT of USD 22 million for FY2025

‘This fiscal year, we focused on staying close to our clients, while adapting to a fast-changing market,’ says CEO Carsten Ladekjær.

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July 11, 2025

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Glander Result 2024 2025 MT

Global bunker trading and energy solutions provider Glander International Bunkering on Thursday (10 July) posted financial results for the year ended on April 30, 2025 – reflecting stable performance amid ongoing changes in global maritime and regulations.

The company reports a turnover of USD 3 billion and earnings before tax (EBT) of USD 22 million, including a non-recurring item.

“These results demonstrate consistent performance compared to the previous fiscal year, as the company continues to focus on conventional fuels, new fuels, risk management and extensive global reach,” CFO David Varghese comments.

Navigating change in maritime

Throughout the 2024-25 fiscal year, the bunker industry faced critical challenges including the escalation of the US-China trade conflict, ongoing Red Sea and Suez Canal security risks, and the first full-year impact of the EU Emissions Trading System (EU ETS) for maritime shipping.

Compliance with IMO CII measures and the uptake of new fuel products also influenced bunker demand patterns and pricing strategies.

“This fiscal year, we focused on staying close to our clients, while adapting to a fast-changing market,” says CEO Carsten Ladekjær. “In a time of uncertainty and transformation, we focused on staying agile, supporting customers with conventional fuels, and laying the groundwork for new fuel solutions.”

New fuels and other key achievements

Glander International Bunkering made significant progress in 2024-25: completing bioLNG deliveries, expanding biofuel supply, and launching a compliance calculator to help customers navigate FuelEU Maritime. Compared to the previous fiscal year, the company achieved a 71% increase in biofuel volume and 85% increase in LNG volume, along with the sale of nearly 100,000 EUAs.

Other achievements throughout the year include the renewal of its ISCC certifications, membership in the Smart Freight Centre, and Great Place to Work certification for the 7th consecutive year.

Looking ahead, Ladekjær says, “We will do what we have always done since 1961– adapt to new changes and be there for our clients.” He added that Glander International Bunkering is prepared for the next phase of change in global shipping, as decarbonisation, regulatory expansion and geopolitical developments continue to shape the bunker fuel market.

 

Photo credit: Glander International Bunkering
Published: 11 July 2025

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