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ENGINE: Europe & Africa Bunker Fuel Availability Outlook (6 Dec 2023)

Bunker fuel availability normal in the ARA; prompt bunker supply tight in Malta and Piraeus; LSMGO tight in Durban and 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:

  • Bunker fuel availability normal in the ARA
  • Prompt bunker supply tight in Malta and Piraeus
  • LSMGO tight in Durban and Richards Bay

Northwest Europe

VLSFO availability is said to be normal in the ARA bunkering hub. Lead times of 5-7 days are generally recommended for VLSFO deliveries there to ensure full coverage from suppliers, a source says. However, some suppliers can offer deliveries with shorter lead times.

HSFO and LSMGO availability is also normal in the ARA, the source adds. Recommended lead times for HSFO are 5-7 days, while LSMGO requires a shorter lead time of 3-5 days. 

The ARA’s independently held fuel oil stocks averaged 15% higher in November than across October, according to Insights Global data.

The ARA’s fuel oil stocks in November increased to their highest monthly level since August. The region imported 210,000 b/d of fuel oil in November, down from 243,000 b/d imported in October, according to cargo tracker Vortexa.

The UK became the biggest fuel oil import source for the ARA hub, accounting for 20% of the region’s total fuel oil imports in November, followed by Turkey (17%) and Lithuania (8%). Other import sources were Sweden and Poland, both accounting for 6%. 

Meanwhile, the ARA hub’s independent gasoil inventories — which include gasoil and heating oil — fell by 4% in November despite a rise in gasoil imports.

HSFO supply remains tight for delivery off Skaw. Lead times of 7-10 days are recommended for delivery there, a trader says. Meanwhile, availability of VLSFO and LSMGO grades is relatively better, requiring shorter lead times of 5-7 days.

Bunker fuel availability is said to be good in the German port of Hamburg. A trader recommends lead times of 3-5 days for optimal coverage from suppliers there.  

Mediterranean

Availability of all bunker fuel grades is said to be normal in Gibraltar.  LSMGO and VLSFO grades are available for prompt delivery dates, with recommended lead times of 3-5 days for both grades, a source says. For HSFO, shorter lead times of 2-4 days are recommended.  

Adverse weather conditions have prevailed in Gibraltar intermittently over the last week. Strong wind gusts of 20 knots are forecast to hit the port on Wednesday evening. Rough weather conditions are forecast on Friday as well, which could hamper smooth bunker deliveries there.

Bunkering remains limited off Malta due to adverse weather conditions. Bunker operations remained limited to less weather-prone bunkering area four out of the total six bunkering areas on Wednesday, according to the port agent MH Bland. Moreover, availability of all bunker fuel grades is said to be tight there and weather disruptions can cause more delays, a trader says.

Meanwhile, bunker fuel availability is normal across all grades in Istanbul, a source says.

Bunker fuel supply is also normal in the Greek port of Piraeus. But securing prompt deliveries can be slightly difficult there, a trader says.

Bunkering is progressing normally in the Portuguese ports of Lisbon and Sines, where supply of VLSFO and LSMGO grades is normal.

Africa

In South Africa’s Durban and Richards Bay, VLSFO availability is said to be normal. Lead times of 5-7 days are recommended for both grades, a source says.

LSMGO availability, however, remains tight in both ports. The grade’s deliveries are subject to enquiries there, the source adds.

Offshore bunkering in Algoa Bay has been suspended for three months now. Offshore deliveries there came to a halt in September after the South African Revenue Service (SARS) detained bunker barges over import duty disputes.

Negotiations between offshore bunker suppliers and authorities are underway. A decision is likely to be announced by mid-January, a port agent told ENGINE. However, bunker supply is available in the adjacent Port Elizabeth, where only one supplier is offering deliveries.

Meanwhile, availability of HSFO and LSMGO grades is good in Mozambique’s Nacala port, a source says. VLSFO supply is said to be tight there.

Prompt VLSFO supply has been tight in Maputo since last week, while LSMGO is more readily available there.

By Manjula Nair

Photo credit and source: ENGINE
Published: 7 December, 2023

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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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