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ENGINE: Europe & Africa Bunker Fuel Availability Outlook (30 Jan 2024)

Prompt LSMGO availability good in the ARA hub; HSFO very tight in Las Palmas; strong bunker 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:

  • Prompt LSMGO availability good in the ARA hub
  • HSFO very tight in Las Palmas
  • Strong bunker demand in Mozambique

Northwest Europe

In the ARA hub, securing very prompt delivery dates for HSFO and VLSFO bunker fuel grades may be difficult. A trader recommends lead times of 5-7 days for both grades.

LSMGO availability is much better with some suppliers able to offer the grade for prompt lead times of 2-4 days.

The ARA’s independently held fuel oil stocks have averaged 14% higher so far this month than across December, according to Insights Global data.

The ARA’s fuel oil stocks have risen for the third consecutive month. The region has imported 186,000 b/d of fuel oil so far this month, down from 220,000 b/d imported in December, according to cargo tracker Vortexa.

The UK has been the biggest fuel oil source for the ARA hub, accounting for 22% of the ARA’s total imports this month. Poland (14%) has ranked second, while Germany (11%) is in third position.

The ARA’s independent gasoil inventories – which include diesel and heating oil – have increased by 3% so far this month. 

In the German port of Hamburg, lead times of 3-5 days are recommended for all three bunker fuel grades, according to a trader. Availability across all bunker grades is good, the trader added.

Off Skaw, HSFO availability continues to be tight. A trader advises lead times of 7-10 days for the high-sulphur grade. Meanwhile, availability of LSMGO and VLSFO is normal with lead times of 5-7 days recommended for both bunker grades off Skaw.

Mediterranean

HSFO supply pressure from last week has eased in Gibraltar, a trader said. Lead times for HSFO are recommended at 6-8 days, while for VLSFO, lead times of 5-6 days are advised. LSMGO availability is comparatively better, and the grade is available with shorter lead times of 4-6 days.

Canary Islands ports continue to see additional demand from vessels diverted around the Cape of Good Hope to avoid the Red Sea. There has been an increase in bunker enquiries this week, according to a trader. In Las Palmas, prompt HSFO supply is currently very tight. Lead times for HSFO vary widely between 7-14 days.

Some suppliers can still offer the grade for prompt delivery dates in Las Palmas, but these offers can be priced as much as $70/mt higher than for dates further out. A total of three suppliers can offer HSFO in the two Canary Islands’ ports of Las Palmas and Tenerife.

Availability is normal off Malta, according to a trader. Bunkering is expected to proceed smoothly amid the calm weather forecast off Malta this week, the trader added. 

Availability is also normal at the Greek port of Piraeus, but bunker disruptions may arise due to bad weather conditions prevalent in the area. Strong gale-force wind gusts of 37 knots are forecast in Piraeus on Wednesday. Calmer weather is forecast for the rest of the week. 

In Turkey’s Istanbul, availability across all bunker fuel grades is normal. Weather disruptions are likely to impact bunkering with wind gusts of 26 knots forecast in the area on Wednesday. It is forecast with comparatively calmer weather for the remainder of the week.

Africa

In the South African ports of Durban and Richards Bay, availability of VLSFO and LSMGO grades is still very tight. A trader recommends lead times of up to two weeks for VLSFO to ensure coverage from suppliers. LSMGO supplies have been running lower and over 10 days of lead times are now advised. Demand has normalised in both ports, according to the trader.

Meanwhile, in Mozambique’s Nacala and Maputo ports, strong demand continues amid Red Sea vessel diversions. Both the ports are operating without any congestion, a source told ENGINE.

Availability of VLSFO and LSMGO bunker grades is good in both Nacala and Maputo, and Maputo also has HSFO available, the source added.

In Algoa Bay, speculations have been rife about whether the temporary offshore bunker suspension will be lifted in February by the South African Revenue Service (SARS). Last month, a port agent claimed the suspension was likely to be lifted from 1 February.

These speculations started after SARS amended its bunkering rules the Customs and Excise Act in December last year. But there are no new updates in the situation, a port agent told ENGINE.

Bunker deliveries in Algoa Bay came to a halt last September, when SARS detained bunker barges over import duty disputes. Supply has since been limited to in-port deliveries by one supplier in Port Elizabeth.

By Manjula Nair

 

Photo credit and source: ENGINE
Published: 1 February, 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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