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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

HSFO380 supply has tightened in Malta, and weather disruptions are expected to delay bunkering further in Las Palmas and Algoa Bay this week.

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

29 September, 2021

HSFO380 supply has tightened in Malta, and weather disruptions are expected to delay bunkering further in Las Palmas and Algoa Bay this week.

Bunker fuels are generally in good availability across European and African bunkering ports, but there are some pockets of tightness, and rough weather disrupting deliveries.

Suppliers in the Amsterdam-Rotterdam-Antwerp (ARA) region and other northern European ports can deliver prompt stems of VLSFO, LSMGO and HSFO380. No significant shortages have been reported.

Fuel oil imports from Russia, Poland and Scandinavian countries helped grow independent ARA fuel oil inventories by 9% last week. Stock levels have come up to five-week highs of 7.70 million bbls, according to Insights Global data.

Another weekly draw for ARA’s gasoil stocks has left less than 15 million bbls in storage for the first time since the start of the pandemic, which saw a massive build in March and April.

VLSFO supplies have tightened with several suppliers in Istanbul and boosted prices against other regional ports. Its price has swung to a premium over Piraeus, and widened its premium over Novorossiysk to $70/mt. There are no immediate prospects for when the Turkish suppliers will replenish stocks.

  VLSFO prices in Istanbul, Piraeus and Novorossiysk since 1 August

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A supplier has run out of HSFO380 to supply in Malta, and can only offer smaller clips of the grade for delivery around two weeks out. Malta does not have any domestic refineries. Bunker suppliers rely on imported cargoes to supply from either off Malta’s islands or in its ports.

HSFO380 is still available from another supplier in Malta, but Malta’s price for the grade has gone up to premiums of around $9-12/mt over Gibraltar and Algeciras. Malta’s price rose above the two Gibraltar Strait ports last week.

                      HSFO380 prices in Malta, Gibraltar and Algeciras since 1 September

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Bunker fuels are generally in good stock across other Mediterranean ports, but spells of bad weather are set to disrupt bunkering in certain ports this week.

Congestion has built in Gibraltar, where seven vessels were in line waiting for bunker barges to become ready to supply them on Wednesday morning, MH Bland says. Two suppliers are delayed by around half a day.

Some of the vessels may have been booked to Gibraltar instead of Las Palmas, which has been pummelled by high swells and seen bunkering restricted to inner anchorage. Certain suppliers have been delayed by at least a day.

Las Palmas is forecast with strong swells until Sunday, which could put significant pressure on the more limited space in the port’s inner anchorage, and potentially push deliveries to Gibraltar Strait ports and Tenerife.

Swells were forecast to push above 2.5 metres also in Tenerife on Wednesday, but as they come in from the north, the port is likely to be sheltered in its location on the southern side of Tenerife island.

HSFO380 can be in tight supply for prompt delivery dates in the Canary Islands, with fewer suppliers stocking the grade than in the Gibraltar Strait.

Bunkering was called off in Algoa Bay on Monday morning because of strong winds and swell. Operations have resumed to allow bunker suppliers to work through backlogged deliveries.

Another bout of strong winds and swells is forecast to hit the South African anchorage location from Thursday. Shipping agent Sturrock Grindrod expects bunkering to be suspended again.

 

Photo credit: ENGINE
Published: 30 September, 2021

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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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