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ENGINE: Europe & Africa Bunker Fuel Availability Outlook (20 Sep 2024)

Availability is normal in the ARA hub; prompt HSFO supply has tightened in Las Palmas; prompt VLSFO is tight in Richards Bay.

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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:

  • Availability is normal in the ARA hub
  • Prompt HSFO supply has tightened in Las Palmas
  • Prompt VLSFO is tight in Richards Bay

Northwest Europe

All grades remain in normal availability in Rotterdam and in the wider ARA hub. Most suppliers can offer all grades for prompt delivery dates. Lead times of 3–5 days are generally recommended for all three grades, a trader told ENGINE. 

The ARA’s independently held fuel oil stocks have averaged 8% lower so far this month than across August, according to Insights Global data.

The region has imported 179,000 b/d of fuel oil in September so far, down from 223,000 b/d imported in August, according to data from cargo tracker Vortexa. The ARA has imported low-sulphur fuel oil (LSFO) and HSFO in a 39/61 ratio so far this month, compared to August when the ratio was more tilted towards LSFO at 53/47.

The UK has retained the topmost spot as the ARA’s biggest fuel oil import source so far this month, accounting for 29% of the total imports. The US has ranked second, accounting for 18% of the ARA’s total imports, followed by Lithuania (17%), Poland (15%) and Israel (13%).

The ARA hub’s independent gasoil inventories — which include diesel and heating oil — have increased by 12% so far this month. The region has imported 434,000 b/d of gasoil in September so far, up from 355,000 b/d of gasoil imported in August, according to Vortexa data.

Prompt availability for all three grades remains good in the German port of Hamburg. Lead times have stayed consistent over the last few months with traders advising 3–5 days across all grades.  

Mediterranean

Prompt HSFO supply is slightly tight in Gibraltar, with lead times increasing from 3–5 days last week to 5–7 days now. One out of the two suppliers in the port has limited HSFO available, adding to the supply pressure for the grade, a source said. VLSFO and LSMGO availability is normal in the port, with suppliers able to offer both grades for prompt delivery dates. Lead times of 3–5 days are recommended for both grades, a trader said.

Bunkering disruptions may occur in Gibraltar port on Thursday when wind gusts up to 20 knots are forecast, a source said.

Prompt HSFO supply is once again very tight in the Canary Islands’ port of Las Palmas, a trader said. Two HSFO suppliers in Las Palmas don’t have any product available at the moment, the trader added. As a result, lead times for the grade have stretched from 3–5 days seen last week, to 5–7 days now in the port of Las Palmas. Suppliers in the port have struggled with HSFO tightness since mid-August. Although availability improved slightly last week, it has tightened again this week. However, the HSFO supply in Tenerife, also located in the Canary Islands, is currently fine, according to the trader.

Availability of VLSFO and LSMGO is good in Las Palmas with lead times of 3–5 days advised for both grades.

HSFO supply is ample in Portuguese ports and prompt supply is possible, a supplier said.

Availability for HSFO and VLSFO grades has improved in the Greek port of Piraeus this week. Lead times for both grades have come down from 5-7 days recommended last week to 3-4 days this week.

LSMGO availability is also normal in Piraeus with lead times of 3–4 days advised. Adverse weather-induced bunkering disruptions may occur in the port on Thursday and Saturday, a source said.

Securing prompt HSFO is no longer a problem off Malta as supply has improved, a trader said. Availability has improved this week compared to last week when lead times of 4–6 days were recommended. One HSFO supplier off Malta is able to offer the grade with lead times of 3–4 days. VLSFO and LSMGO availability is good in the port with lead times of 3–4 days advised. Rough weather is forecast off Malta between Thursday and Saturday which may hamper bunkering, a source said.

In Turkey’s Istanbul port, bunker availability is normal for all three grades. Prompt delivery dates are on offer with recommended lead times of 3–4 days across all grades. Bad weather is forecast from Wednesday to Saturday which may impact bunkering in the port area, a source said.

Africa

Prompt availability of VLSFO is tight in the South African ports of Durban and Richards Bay. Lead times of 7–10 days are advised for optimal coverage from suppliers.

LSMGO availability is extremely limited in Durban, with lead times extending up to two weeks. Furthermore, rough weather is predicted in Durban from Thursday to Friday. Strong wind gusts of up to 36 knots are expected on Thursday, which may cause challenges for bunker deliveries in the area.

Prompt VLSFO and LSMGO availability remains tight in Mauritius’ Port Louis, a trader said. Lead times of over ten days are recommended for optimal coverage for both grades.

By Manjula Nair

 

Photo credit and source: ENGINE
Published: 19 September, 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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