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ENGINE: Europe & Africa Bunker Fuel Availability Outlook (10 July 2024)

HSFO supply tightens in Rotterdam; poor bunker demand off Malta; VLSFO is tight in Nacala and Maputo.

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RESIZED ENGINE Europe and Africa

The following article regarding Europe and Africa bunker fuel availability has been provided by online marine fuel procurement platform ENGINE for post on Singapore bunkering publication Manifold Times:

  • HSFO supply tightens in Rotterdam
  • Poor bunker demand off Malta
  • VLSFO is tight in Nacala and Maputo

Northwest Europe

HSFO supply has tightened in Rotterdam and in the wider ARA hub, with traders recommending lead times of 5-7 days, up from 3-5 days last week. Some suppliers are unsure when the replenishment cargoes will arrive to ease supply of the grade, a trader told ENGINE. Overall, bunker demand has been low in the ARA hub.

Availability of VLSFO and LSMGO remains normal in the ARA hub, with lead times unchanged at 3-5 days.

The ARA’s independently held fuel oil stocks have averaged 8% lower coming into July than across June, according to Insights Global data.

The region has imported 177,000 b/d of fuel oil in July so far, down from 235,000 b/d of fuel oil imported in June, according to data from cargo tracker Vortexa. The ARA imported low-sulphur fuel oil (LSFO) and HSFO in a 69/31 ratio coming into July, which is similar to the 65/35 ratio in June.

The ARA hub’s independent gasoil inventories — which include diesel and heating oil — have declined by 2% coming into July. The region has imported 709,000 b/d of gasoil so far this month, a significant increase from the 356,000 b/d imported in June, according to Vortexa data.

According to GAC Hot Port News, a port officers’ strike in the French ports of Fos, Lavera, and Marseilles began on 2 July and is expected to last indefinitely. The strike has had no impact on bunkering so far in the French ports, a trader told ENGINE.

All grades remain in good supply for prompt delivery in the German port of Hamburg. A trader recommends lead times of 3-5 days across all grades, which has been consistent in the past several weeks.

Off Skaw, bunker fuel is available mostly for non-prompt delivery dates. All three grades are available for lead times of 7–10 days. Adverse weather is forecast off Skaw on Wednesday, which may cause bunkering disruptions in the area.

Mediterranean

Bunker fuel availability is normal in Gibraltar, with lead times consistent over the last few weeks at 3-5 days. Despite good supply, demand has been muted, a trader said. Bunkering was proceeding normally on Wednesday, but wind gusts of up to 21 knots are forecast for Friday and may impact bunkering.

The Canary Islands’ port of Las Palmas continues to face subdued bunker demand, a trader told ENGINE. Lead times remain unchanged from last week’s 3-5 days. Availability is normal across all grades. 

Demand has been poor in other Mediterranean ports like Piraeus, Malta Offshore and Istanbul, a trader said.

Availability is normal in the Greek port of Piraeus, where lead times of 3–4 days are recommended across all grades, a trader said. Weather-induced bunkering disruptions may occur between Wednesday and last through the weekend in the port area, a source said.

Demand is low off Malta despite good availability across all three bunker grades. Lead times are similar to Piraeus, with a trader recommending 3–4 days for optimal coverage from suppliers. Rough weather is forecast for Friday and Saturday, which could impact bunkering in the area, according to a source.

Availability is said to be normal in Turkey’s Istanbul port, a trader said. Securing prompt delivery may not be difficult in the port, with traders recommending lead times of 3–4 days for all grades. Bunkering may be impacted between Wednesday and Saturday due to adverse weather conditions forecast in the area.

Africa

LSMGO availability continues to be tight for prompt supply in Durban, with lead times of up to two weeks recommended by traders. VLSFO availability is slightly better in Durban and Richards Bay, with traders recommending relatively shorter lead times of 7–10 days.

Meanwhile, South African ports have been facing congestion and backlogs due to stormy weather this week. High swells are forecast in Cape Town until Saturday, while Port Elizabeth’s container terminal is experiencing heavy congestion, says South Africa’s Transnet National Ports Authority (TNPA). The TNPA has deployed vessels on standby to assist ships wherever needed.

Strong gale-force wind gusts of up to 50 knots have been forecast in certain South African port areas this week, according to a recent update from the TNPA. Swells of more than three metres disrupted vessel traffic in Cape Town and several other South African ports on Wednesday.

Port Elizabeth, located in South Africa’s eastern province, is witnessing congestion at one of its terminals, while Cape Town on the southwest coast has a backlog of three vessels at berth today, the TNPA stated.

There has not been any impact on bunkering so far and no diversion of bunker demand has been noticed, a trader told ENGINE.

The global container liner Maersk has issued an advisory about the extreme weather in South Africa. An extreme weather forecast over the next few days, especially between Cape Town and Port Elizabeth, will impact vessel movement and cause delays, the advisory said. It added that the worst impact is expected in Port Elizabeth.

Bunkering is operating smoothly in Mozambique’s Nacala and Maputo ports, a source said.

Nacala is witnessing steady demand across all grades, but HSFO is running very tight in the port. On the other hand, VLSFO and LSMGO availability is good in the port.

In Maputo, the availability of VLSFO and LSMGO is tight, with both grades facing low demand, a source said.

By Manjula Nair

 

Photo credit and source: ENGINE
Published: 11 July 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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