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ENGINE: East of Suez Bunker Fuel Availability Outlook

Sluggish demand in Zhoushan; availability good in several Indian ports; several ports face weather disruptions.

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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:

17 January 2023

  • Sluggish demand in Zhoushan
  • Availability good in several Indian ports
  • Several ports face weather disruptions

 

Singapore

Singapore continues to see steady bunker demand and pressure on VLSFO availability, which has supported the port’s VLSFO price levels compared to other East of Suez ports. Lead times of 11-13 days are recommended for the grade in Singapore – almost unchanged from last week.

Lead times for HSFO have come down to 9-12 days this week, from almost two weeks out previously. LSMGO remains readily available with the shortest expected lead times of 4-6 days.

Residual fuel oil stocks in Singapore have averaged 2% higher in the first two weeks of January than in December, according to Enterprise Singapore. Net fuel oil imports have risen 30% so far this month, and are at a six-month high in support of stock levels.

Singapore’s middle distillate stocks have grown by 17% over the same period, helped by steady inflows.

 

East Asia

Zhoushan has been grappling with persistent seasonal weather disruptions since the onset of winter. Bunker operations in Zhoushan’s outer port limits (OPL) area resumed Monday evening after a weather-induced five-day suspension, according to White Whale Shipping Agency.

The weather disruptions have led ships to pile up in wait for bunkers for sustained periods in Zhoushan.

Sluggish demand and persistent weather-related disruptions have weighed on the Chinese bunkering hub’s VLSFO price. Suppliers have been compelled to price the grade at lower levels than other major Asian hubs to attract demand. Availability of the grade remains good in the port, with lead times remaining unchanged at 3-5 days.  

Recommended lead times for HSFO are 5-7 days in Zhoushan – similar to last week. LSMGO remains readily available with shorter lead times of 2-3 days.

Upcoming Chinese New Year holidays from 21-27 January will mean more muted bunker activity in the country’s ports as most suppliers will not take new orders during that period, sources say.

A bad weather forecast for next weekend coupled with the Chinese New Year Holidays might dampen demand further in Zhoushan in the coming week.

Meanwhile, the lead-up to the Chinese Lunar New Year has stimulated healthy demand for all grades in Hong Kong and contributed to tighten availability. Lead times of around seven days are advised for all fuel grades in the port as most deliveries are subject to barge availability.

Wind gusts of 19-22 knots and waves of more than a metre are forecast in Hong Kong over the weekend, which might impact bunker operations.

Recommended lead times for all grades vary greatly in South Korea ports, with the shortest estimated at four days and the longest at nine days.

Bad weather might hamper bunker operations across South Korean ports of Ulsan, Onsan, Daesan, Taean and Yeosu in the latter part of the week.

The Thai ports of Koi Sichang and Leam Chabang are likely to experience adverse weather conditions from tomorrow onwards, which may hamper bunkering in the coming days.

Bad weather conditions are predicted across the Vietnamese ports of Ho Chi Minh City and Hai Phong later this week, which may disrupt stem deliveries.

 

South Asia

Availability of VLSFO and LSMGO remains good in India’s Mumbai, with prompt dates available.

VLSFO and LSMGO can be delivered with around 2-3 days of lead time in several Indian ports, including Kandla on the northwest coast, and Cochin and Chennai on the southern coast, Visakhapatnam on the southwestern coast and Haldia on the eastern coast.

A supplier in Mundra has run out of stocks, while availability in Tuticorin remains subject to enquiry.

Suppliers in India’s Kandla, Sikka, Mundra and Bedi are grappling with bunker backlogs, which are anticipated to ease after 22 January, a source says.

Prompt dates for LSMGO are available in the Sri Lankan ports of Colombo and Trincomalee.

Colombo has been plagued with weather disruptions in recent weeks. Intermittent spells of adverse weather are forecast in the coming days, forcing suppliers to deliver stems only when the weather permits, a source says.

 

Middle East

Demand remains sluggish while availability is good in Fujairah, a source says. Recommended lead times for VLSFO have come down further to four days, from seven days last week.

Lead times for LSMGO remain unchanged at five days in the UAE port, while lead times for HSFO have come down to six days, from eight in the past week.

LSMGO remains readily available in Duqm, Sohar, Salalah and Muscat in Oman.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 18 January, 2023

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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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