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ENGINE: East of Suez Bunker Fuel Availability Outlook

Availability tight for VLSFO and HSFO in Singapore; bunker demand good in Hong Kong; several East of Suez 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:

23 May 2023

  • Availability tight for VLSFO and HSFO in Singapore
  • Bunker demand good in Hong Kong
  • Several East of Suez ports face weather disruptions

 

Singapore

A source says that “demand started slow” in Singapore this week but “then picked up.” Availability remains tight for VLSFO and HSFO in the port, with lead times of 8-9 days and 6-10 days recommended, respectively. This is slightly down from 8-12 days last week.

Lead times for LSMGO have also increased marginally from 4-6 days last week to 5-7 days now.

Singapore’s residual fuel oil stocks have averaged 16% lower so far in May than across April, according to Enterprise Singapore. The port’s residual fuel oil stocks have slumped to their lowest average level since last August, partly due to less fuel oil imports this month. Singapore’s fuel oil imports have declined by a significant 19% so far this month and are at their lowest level in a year.

The port’s middle distillate stocks have fallen by 11% so far this month and have not been drawn further down since last December.

 

East Asia

Availability of VLSFO has improved in Zhoushan, with lead times shortening from 5-7 days last week to 3-5 days this week. LSMGO stems also require 3-5 days – virtually unchanged from last week. But lead times for HSFO have increased slightly from 3-5 days last week to 4-7 days.

Bunker deliveries have resumed at Zhoushan’s Tiaozhoumen and Xiazhimen anchorages this morning after being halted by bad weather since Sunday, a source says. But strong wind gusts of 23-31 knots are forecast between 26-28 May, which could disrupt operations again. The Chinese bunkering hub has been grappling with weather disruptions for quite some time now, which has slowed down bunkering there, a source says.

Prompt availability across all grades is tight in Hong Kong, as barge availability has come under pressure from high demand, a source says. Recommended lead times for VLSFO and LSMGO grades are 4-7 days, while lead times for HSFO are around seven days.

VLSFO availability has gotten very tight in South Korean ports, with lead times stretching to two weeks out. But one supplier can offer the grade at shorter lead times of around four days, a source says.

Meanwhile, availability of LSMGO and HSFO is normal in South Korean ports, with lead times of 4-5 days recommended.

Bad weather is forecast in the South Korean ports of Ulsan, Onsan, Busan, Daesan, Taean and Yeosu between 26-28 May, which could hamper operations.

Adverse weather conditions are also anticipated to disrupt bunker deliveries in the Philippine port of Subic Bay and the Vietnamese port of Ho Chi Minh on 30 May, and the Kiwi port of Tauranga between 28-29 May.

 

South Asia

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 on the southern coast.

Availability of both grades is also good in Visakhapatnam on the southwestern coast and Chennai on the southern coast, with lead times of around five days advised.

Meanwhile, VLSFO and LSMGO remain subject to availability in Mumbai, Tuticorin and Haldia.

Rough weather between 24-25 May is expected to disrupt bunkering operations in India’s west coast ports of Sikka and Kandla and in the southwestern port of Visakhapatnam.

Middle East

All bunker fuel grades are readily available in Fujairah amid “really low” demand, says a source. While VLSFO and HSFO will need lead times of some three days and six days, respectively, prompt dates are available for LSMGO.

Lead times of 5-7 days are recommended across all grades in the UAE port of Khor Fakkan.

By Tuhin Roy

 

Photo credit and source: ENGINE
Published: 24 May, 2023

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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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