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ENGINE: Europe & Africa Bunker Fuel Availability Outlook (14 August 2024)

Prompt supply is available in the ARA; high HSFO demand in Piraeus; LSMGO is still tight in Durban.

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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:

  • Prompt supply is available in the ARA
  • High HSFO demand in Piraeus
  • LSMGO is still tight in Durban

Northwest Europe

Availability across all three grades is normal in Rotterdam and in the wider ARA hub. Most suppliers can offer prompt delivery dates in these ports, a trader told ENGINE. Lead times of 3–5 days are generally recommended in the ARA hub.

The ARA’s independently held fuel oil stocks have averaged 3% lower coming into August than across July, according to Insights Global data.

The region has imported 73,000 b/d of fuel oil in August so far, registering a steep decline from 296,000 b/d imported in July, according to data from cargo tracker Vortexa. The ARA has imported low-sulphur fuel oil (LSFO) and HSFO in a 63/37 ratio so far this month, compared to July when the ratio was 50/50.

Germany has emerged as the ARA’s top fuel oil import source in August so far, accounting for 58% of the total imports, followed by Poland (37%) and Finland (5%).

The ARA hub’s independent gasoil inventories — which include diesel and heating oil — have dropped by 3% so far this month. The region has imported 556,000 b/d of gasoil so far this month, up from 303,000 b/d of gasoil in July, according to Vortexa data.

In Germany’s Hamburg port, all grades remain good for prompt supply, a trader told ENGINE. Lead times have remained consistent over the past few months, with a trader recommending lead times of 3–5 days for all grades.

Mediterranean

Prompt bunker fuel availability has been slightly tight in Gibraltar for the second consecutive week, a source said. Lead times of 4-6 days are recommended in the port for all grades, consistent with last week. Minimal congestion was reported in the port on Wednesday. Wind gusts of up to 21 knots are forecast on Wednesday and Saturday, which could hamper bunkering in the port.

Bunker fuel availability has tightened in the Canary Islands’ port of Las Palmas, with lead times stretching from last week’s 3–5 days to 4–6 days now. Some suppliers in Las Palmas have tight delivery schedules because of high demand, a trader told ENGINE.

Meanwhile, the availability of HSFO and VLSFO grades is currently tight for prompt delivery in the Greek port of Piraeus, a trader said. HSFO demand is said to be strong in the port. Most coastal vessels and ocean-going container ships often bunker HSFO in Piraeus, a Greek trader told ENGINE. 

Suppliers are mostly offering VLSFO for non-prompt delivery dates in Piraeus. LSMGO availability is normal in the port, but demand for the grade has been strong, a source said. Rough weather-induced bunkering disruptions may impact Piraeus from Wednesday to Saturday.

In other Mediterranean bunker hubs of Malta Offshore and Istanbul, demand has been relatively low, a trader said.

Availability is normal for all grades off Malta, a trader said. Malta Offshore was struggling with HSFO tightness last week, but the supply of the grade has improved coming into this week. LSMGO and VLSFO grades are also available for prompt delivery dates there, a source said. Bad weather is likely to hamper bunkering off Malta between Thursday and Saturday.

Some suppliers in Turkey’s Istanbul port are now offering HSFO for prompt delivery dates, an improvement from last week when supply was very tight. VLSFO and LSMGO supply is also good in the port, with most suppliers offering the grades within lead times of 3–4 days. Bunkering may be affected between Wednesday and Saturday due to adverse weather forecast in the area.

Africa

LSMGO remains tight in the South African port of Durban, with traders recommending lead times of up to two weeks for the grade. VLSFO is also tight for prompt delivery dates in both Durban and Richards Bay, a trader said. Lead times of 7–10 days are advised for VLSFO. Wind gusts of 24 knots are forecast in Durban on Saturday, which may disrupt bunkering. 

Mauritius’ Port Louis continues to witness tightness in supply across all three bunker grades, a trader said. Lead times of over two weeks are recommended to ensure full coverage from suppliers. Adverse weather is forecast in periods between Wednesday and Saturday, which could complicate bunkering in Port Louis.

By Manjula Nair

 

Photo credit and source: ENGINE
Published: 15 August 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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