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ENGINE: Europe & Africa Bunker Fuel Availability Outlook (27 March 2024)

Availability is normal in the ARA; Gibraltar port closed due to bad weather; strong VLSFO demand in Mozambique.

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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
  • Gibraltar port closed due to bad weather
  • Strong VLSFO demand in Mozambique

Northwest Europe

Availability is normal in Rotterdam and in the wider ARA hub, a trader said. Lead times of 4-6 days are recommended for HSFO and 4-5 days for VLSFO. LSMGO can be secured with short lead times of 2-4 days, traders said.

The ARA’s independently held fuel oil stocks have averaged 9% higher so far this month than across February, according to Insights Global data.

The ARA’s fuel oil stocks have grown to their bulkiest levels since April 2021. The region has imported 267,000 b/d of fuel oil so far this month, up from 256,000 b/d in February, according to data from cargo tracker Vortexa. The ARA has imported low-sulphur fuel oil (LSFO) and HSFO in a 43/57 ratio so far this month, compared to the 45/55 ratio in February.

Mexico has been the ARA’s biggest fuel oil import source so far this month, accounting for 25% of the region’s total imports. The UK has ranked second, accounting for 22% of the total imports, followed by Germany and Lithuania (11% each), and Poland (10%).

The ARA hub’s independent gasoil inventories — which include diesel and heating oil — have increased by 7% so far this month.

All grades remain in good supply in the German port of Hamburg. A trader recommends lead times of 3-5 days for all three bunker grades. 

LSMGO and VLSFO are mostly available for non-prompt delivery off Skaw. A trader recommends lead times of 5-7 days for both grades. HSFO supply tightness persists off Skaw, with supply only available for non-prompt delivery dates. Lead times of 7-10 days are advised for the high-sulphur grade. Weather-induced bunkering disruptions may occur off Skaw, with adverse weather forecast in the area for the rest of the week, a source said.

Mediterranean

Port operations and bunkering services have remained suspended in Gibraltar since Tuesday afternoon amid adverse weather conditions, a trader told ENGINE. Prompt availability has tightened in the port amid delays caused by bad weather conditions. Lead times of 5-7 days are recommended for all grades there, a trader said.

Suppliers are likely to face bunker backlogs once the port reopens, a source said.

The Gibraltar Port Authority has issued a gale-force wind warning effective until Wednesday night, with strong wind gusts of up to 38 knots. The weather forecast indicates continued rough conditions throughout the week, with intermittent wind gusts ranging between 22-47 knots predicted in the region.

In the nearby Ceuta port, the bunker barge SPABunker Cuarenta has halted operations since Tuesday because of bad weather, said shipping agent Jose Salama & Co. Wind gusts of 39 knots are forecast to hit Ceuta on Wednesday and will fluctuate between 21-50 knots for the rest of this week.

Availability is currently normal in the Canary Islands’ port of Las Palmas. Prompt supply is available in Las Palmas only if ships decide to receive bunkers at berth areas, as most suppliers are offering bunkers alongside or at the inner anchorage, a trader said. This has led to bunkering congestion, the trader added. The weather was extremely bad on Wednesday, with rough seas and heavy swells of more than three meters, a source said. This could hamper bunkering in the OPL area.

Other ports in the Mediterranean, such as Piraeus, off Malta and Istanbul, continue to experience poor demand, a trader said.

All grades remain in good supply in the Greek port of Piraeus, a trader said. Most suppliers can offer prompt delivery for all three grades in the port. The weather is forecast to remain calm over the week, which will facilitate smooth bunkering in the area.

Prompt availability of HSFO has improved off Malta, a source said. Availability is good for LSMGO and VLSFO as well, and prompt supply is available for both grades, the source added. Rough weather is forecast off Malta intermittently between Wednesday and next Monday, which could disrupt bunkering, a source said.

Turkey’s Istanbul has good availability for all three grades, with prompt delivery dates offered by suppliers, a trader said. Calm weather is forecast in Istanbul for most of this week, which could allow bunkering to run smoothly.

VLSFO and LSMGO availability is good in the Portuguese ports of Lisbon and Sines. But rough weather conditions have impacted deliveries there, a supplier said. Strong wind gusts of up to 37 knots are forecast in the region on Wednesday and Thursday.

Africa

Prompt availability continues to be extremely tight in the South African ports of Durban and Richards Bay.

LSMGO availability remains dry in Durban, with no signs of supply pressure easing over the coming days or weeks. Though VLSFO is available in both South African ports, the grade is very difficult to secure for prompt delivery dates. Most suppliers can offer VLSFO only for non-prompt delivery dates in Durban and Richards Bay, with lead times of 7-10 days generally recommended for the grade, a trader said.

Bad weather is forecast to hit Richards Bay and Durban over the weekend and possibly continue into Monday, further complicating deliveries.

Mozambique’s ports of Nacala and Maputo are witnessing high demand for VLSFO, a source said. Availability across all grades is currently good in both ports.

HSFO and LSMGO demand is also stable in Nacala, almost similar to last week. Similarly, in Maputo, LSMGO demand has been steady over the last few weeks, the source added

By Manjula Nair

 

Photo credit and source: ENGINE
Published: 28 March 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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