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ENGINE: East of Suez Bunker Fuel Availability Outlook

LSMGO readily available in Singapore, fuel oils tight; weak demand in Hong Kong; availability good across several Indian ports.

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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:

14 March, 2023

  • LSMGO readily available in Singapore, fuel oils tight
  • Weak demand in Hong Kong
  • Availability good across several Indian ports

 

Singapore

Singapore has been seeing average demand over the past few weeks. Total bunker sales also fell on a daily average basis, from 141,000 mt/day in January to 136,000 mt/day in February, according to the Maritime and Port Authority of Singapore. That trend has continued into this month, sources say.

Prompt availability of VLSFO and HSFO remains tight in Singapore. Recommended lead times for VLSFO have increased from 5-8 days last week, to 7-10 now. HSFO lead times are similar to last week at 7-10 days.

LSMGO still remains readily available in the port, with almost unchanged lead times of 3-4 days.

Stocks of residual fuel oil in Singapore have averaged 5% lower so far in March than across February, data from Enterprise Singapore shows. The stock draw has come despite a net fuel oil import rise of 6%.

Singapore’s middle distillate stocks, meanwhile, have averaged 16% higher on the month.

 

East Asia

Zhoushan continues to see weak demand. Recommended lead times have been almost the same over the last couple of weeks across all grades. VLSFO and LSMGO stems require 3-5 days ahead, and HSFO needs around 5-7 days.

However, strong wind gusts of 18-22 knots and swells of close to a metre are forecast to hit Zhoushan between 17-18 March, which could disrupt bunkering and put pressure on future availability.

Meanwhile, availability across grades remains normal in Hong Kong amid low demand. Lead times are virtually unchanged from last week at around seven days.

Availability has improved across South Korean ports amid average demand, a source says. Lead times of 3-8 days are recommended in the country’s southern ports, down from 5-12 days last week.

Recommended lead times have increased slightly for western ports, from 4-5 days last week to 3-8 days now.

Rough weather is forecast intermittently this week in the South Korean ports of Ulsan, Onsan, Daesan, Taean and Yeosu, which might hamper bunkering.

Bad weather might also impact bunker operations in the Vietnamese port of Ho Chi Minh City between 14-20 March.

 

South Asia

Mumbai has good availability of VLSFO and LSMGO, 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, Cochin and Chennai on the southern coast, and Visakhapatnam on the southwestern coast.

Availability of grades are subject to enquiry in Tuticorin in the southeast coast, while a supplier in Paradip on the eastern coast of India is almost out of stock for both grades.

The Sri Lankan ports of Colombo and Trincomalee have good availability of LSMGO, with prompt dates available.

Middle East

Availability of the three main fuel grades has improved in Fujairah. VLSFO stems now need around seven days of lead time, and LSMGO requires around five days – much shorter than the 10-11 days recommended last week. Lead times of HSFO have also improved from around eight days previously, to six days now.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 15 March, 2023

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Wind-assisted

Anemoi unveils state-of-the-art rotor sail production facility in China

Site boasts an annual production capacity of 250 Rotor Sails, and the option to expand further and store units for fast turnaround.

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Anemoi Rotor Sail production facility MT

Wind propulsion solutions provider Anemoi Marine Technologies on Tuesday (8 July) officially opened its new Rotor Sail production facility in China.

Strategically located on the banks of the Yangtze River, Anemoi’s facility is located in Jingjiang City, Jiangsu Province, within Daming Heavy Industry’s manufacturing base.

The facility provides direct access to port infrastructure, enabling seamless logistics for import, export, and delivery.

With barge transport available on-site, Rotor Sails can be transported efficiently and installed directly at nearby major shipyards, streamlining operations and minimising environmental impact.

“This is more than just a new site,” said Clare Urmston, CEO of Anemoi.

“It’s a fully integrated, end-to-end production hub where every stage, from steel fabrication and precision assembly to rigorous testing and quality assurance, is handled under one roof.

“That means faster turnaround, uncompromised quality, and complete oversight by our expert team, on site, from start to finish. Anemoi’s strategy is quality first and this site enables exactly that.”

With an annual production capacity of 250 Rotor Sails, and the option to expand further and store units for fast turnaround, the new site positions Anemoi to meet surging global demand and support its customers in achieving critical decarbonisation goals.

 

Photo credit: Anemoi Marine Technologies
Published: 10 July 2025

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Milestone

Global Energy Storage Group sells Rotterdam terminal to Tepsa, exits Dutch market

Chooses to sharpen its focus on growth in Asia, particularly its flagship terminal in Port Klang, Malaysia.

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Global Energy Storage Group MT

Global Energy Storage Group (GES) on Wednesday (9 July) announced the completion of the sale of its terminal located in the Port of Rotterdam., marking its exit from the Dutch market.

The facility, which includes 212,000 m³ of tank storage and approximately 18 hectares of development land in the Europoort area, was sold to Tepsa, a European bulk liquid and gas storage operator.

The transaction represents a key milestone for GES as it continues to focus its resources on expanding its presence in the fast-growing Asian market, with particular emphasis on its strategic terminal at Port Klang, Malaysia.

It also ensures that the Rotterdam terminal is passed into the hands of a high-quality follow-on owner well positioned to take the asset forward. The transaction also delivers a strong return for GES’s shareholders.

“Part of the investment cycle is realising value from assets at the right time, and we’re confident this was the right moment for GES,” commented Peter Vucins, CEO of GES.

“We are now fully focused on growing our business in Asia, with Port Klang at the centre of that strategy. We extend our sincere thanks to the Rotterdam team and our customers for their support and for maintaining a safe, reliable, and forward-looking operation throughout our ownership.”

With the sale of the Rotterdam terminal, GES no longer holds assets in the Netherlands.

 

Photo credit: Global Energy Storage Group
Published: 10 July 2025

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Milestone

Trafigura enters strategic alliance with maritime technology provider ZeroNorth

ZeroNorth’s platform will be installed across Trafigura’s controlled fleet of more than 350 vessels, with Trafigura taking an equity stake in ZeroNorth.

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Trafigura ZN signing MT

Commodities group Trafigura and maritime technology provider ZeroNorth entered a strategic alliance on Wednesday (9 July).

The development involves a roll out of ZeroNorth’s platform across Trafigura’s controlled fleet of more than 350 vessels, including its voyage optimisation systems, emissions analytics and vessel reporting tools.

Additionally, Trafigura will take an equity stake in ZeroNorth, further deepening the ties between the two companies.

ZeroNorth’s technology uses advanced artificial intelligence and real-time data, including live weather conditions, vessel specifications, ship performance data and bunker fuel availability to optimise operational performance continuously.

The implementation of ZeroNorth’s solutions is expected to deliver reductions in both marine fuel consumption and carbon emissions across Trafigura’s chartered fleet.

As part of the agreement, Trafigura will also join ZeroNorth’s group of strategic partners, contribute practical industry insights to product development and play an active role in shaping the company’s long-term direction.

Andrea Olivi, Global Head of Shipping at Trafigura, commented: “This partnership marks an important step in Trafigura’s commitment to improving efficiency and sustainability across its maritime operations. The ZeroNorth platform will help us optimise fleet performance through enhanced monitoring of fuel and emissions while improving data collection and quality. It will also strengthen our relationships with vessel owners through more effective communication and information sharing.”

Søren C. Meyer, CEO at ZeroNorth said: “We’re proud to partner with Trafigura – one of the largest players in global commodity trading and shipping. This partnership reflects a shared commitment to advancing the use of technology and high-quality data, sending a clear signal to the industry about the vital roles these play in the energy transition. Trafigura’s insight, scale, and ambition will be invaluable to our strategic direction and will help accelerate the impact of our platform across the industry.”

 

Photo credit: ZeroNorth
Published: 10 July 2025

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