This is a legacy page. Please click here to view the latest version.
Thu 14 Jan 2021, 13:28 GMT

Singapore records second-highest annual bunker sales


Marine fuel volume rose 5 percent to 49.833m tonnes in 2020.


Port of Singapore with the Central Business District (CBD) behind.
Image credit: Flickr
Sales of marine fuel at the world's largest port by bunker supply volume, Singapore, rose by 2.37m tonnes, or 5.0 percent, to 49.833m tonnes in 2020, according to the Maritime and Port Authority of Singapore (MPA).

The annual figure is the best since 2017 and the second-highest in the Asian city-state's history.

During a period of transition following the implementation of IMO's 0.5 percent global cap on sulphur content in January 2020, low-sulphur 380 centistoke (cSt) became Singapore's best-selling fuel grade last year with sales of 25.31m tonnes.

Higher-sulphur 380 cSt - the previous top seller - dropped to second as volume plummeted from 29.942m tonnes to 9.65m tonnes, whilst high-sulphur 500 cSt lost second place and slipped down the pecking order, nosediving 6.184m tonnes to just 942,600 tonnes.

Low-sulphur 100 cSt quickly emerged as Singapore's third most popular marine fuel product last year with sales of 7.642m tonnes - thus overtaking low-sulphur MGO, which recorded a year-on-year increase of 972,100 tonnes, or 31.5 percent, to 4.062m tonnes.

Annual Bunker Sales in Singapore, 2016-2020

Year Volume (MMT)
2020 49.833
2019 47.464
2018 49.798
2017 50.636
2016 48.615
Bunker Sales By Product in Singapore, 2020

Ranking Product Volume (MMT)
1 LSFO 380 25.31
2 MFO 380 9.65
3 LSFO 100 7.64
4 LS MGO 4.06
5 LSFO 180 1.13
Bunker Sales By Product in Singapore, 2019

Ranking Product Volume (MMT)
1 MFO 380 29.94
2 MFO 500 7.13
3 LSFO 380 4.26
4 LS MGO 3.09
5 LSFO 180 1.22


Methanol bunker fuel delivery. World Fuel Services and West Coast Clean Fuels launch methanol bunkering across US ports  

First over-the-water methanol delivery completed in South Florida with Coast Guard-approved procedures.

Valerie Ahrens. Burando Energies appoints Valerie Ahrens as global head of methanol  

Ahrens brings more than 30 years of energy sector experience to the marine fuels supplier.

New Sea Generation (NSG) logo. New Sea Generation seeks junior bunker trader in Greece  

Greek bunker firm advertises role requiring commitment to demanding work schedule and operational responsibilities.

Person signing a document. IINO Lines secures sustainable shipping finance for methanol dual-fuel VLCC  

Japanese shipowner signs impact financing agreement with Mizuho Bank for alternative-fuel tanker.

Fluxys logo. Fluxys Belgium reports EUR74.9m profit as LNG flows surge and hydrogen infrastructure begins  

Belgian gas infrastructure operator’s 2025 net profit fell 8.8% amid hydrogen and CO₂ investments.

VPS logo. Shale oil components detected in Singapore marine fuel | VPS  

VPS testing identifies 90,000 mt of delivered VLSFO containing Estonian shale oil compounds.

Constantinos Capetanakis, Star Bulk. IBIA chair completes two-year term, citing expansion in regulatory engagement and membership  

Outgoing chair to remain on Global Board and lead Future Fuels and Bunker Buyers’ working groups.

Aerial view of a container vessel. LNG and methanol investments risk becoming 'dead ends' for shipping decarbonisation, UCL study finds  

Research warns transitional marine fuels may lock in fossil infrastructure rather than enabling an ammonia pathway.

Vitalii Protasov, GENA Solutions Oy. Protasov: Renewable fuel supply could meet shipping demand, but offtake agreements remain a barrier  

GENA Solutions CEO highlights project pipeline growth but warns regulatory uncertainty hampers investment decisions.

Frontier Venture vessel. Wah Kwong takes delivery of first LNG-ready LR2 tanker with Bureau Veritas SMART notation  

Frontier Venture is first in newbuild series to achieve Group 3 'augmented ship' capabilities.


↑  Back to Top