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Exclusive: Estimated marine fuel sales figures of Singapore top 10 bunker suppliers by volume in 2022

Top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6); newcomer Sinopec Fuel Oil (Singapore) gets 19th spot.

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Manifold Times Bunkering Vessels

Editors note: Bunker volume figures for Sentek Marine & Trading updated on 20 January 2023.

The Maritime and Port Authority of Singapore (MPA) on Monday (16 January) updated its list of top bunker suppliers by volume in 2022.

A survey conducted by Singapore marine fuels publication Manifold Times with selected industry sources revealed the estimated annual bunker sales volume for the republic’s top 10 Singapore bunker suppliers in 2022:

ANNUAL FIGURES OF TOP 10 BUNKER SUPPLIERS BY VOLUME (YEAR 2022)
Position BUNKER SUPPLIERS Volume in 2022
1 EQUATORIAL MARINE FUEL MANAGEMENT SERVICES PTE LTD  4.5 million mt
2 PETROCHINA INTERNATIONAL (S) PTE LTD 4.2 million mt
3 TFG MARINE PTE LTD 3.9 – 4.0 million mt
4 VITOL BUNKERS (S) PTE. LTD. 3.8 million mt
5 SHELL EASTERN TRADING (PTE) LTD Unavailable
6 BP SINGAPORE PTE. LIMITED 2.9 million mt
7 GLOBAL ENERGY TRADING PTE LTD 2.4 -2.5 million mt
8 CHEVRON SINGAPORE PTE LTD Unavailable
9 MINERVA BUNKERING PTE LTD 1.9 – 2.0 million mt
10 SENTEK MARINE & TRADING PTE LTD 1.5-1.6 million mt

 

The republic welcomed a new bunker supplier Sinopec Fuel Oil (Singapore) Pte. Ltd in June 2022, making it the first new player in the world’s largest bunkering hub since April 2020. Despite a later start of the year, the firm claimed the 19th spot in the 2022 list. 

The top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6). 

Glencore Singapore dropped by seven places from the 6th to 13th; its bunker licence was temporarily suspended for two months after MPA found it supplied contaminated high-sulphur fuel oil to vessels at the port during the first quarter of 2022.

A list of all bunker suppliers ranked by volume in 2022 (versus position in 2021) and their movement are as follows (best viewed on desktops):

LIST OF ALL BUNKER SUPPLIERS BY VOLUME (YEAR 2022)
Position in 2022 BUNKER SUPPLIERS Position in 2021 Movement
1 EQUATORIAL MARINE FUEL MANAGEMENT SERVICES PTE LTD  2 +1
2 PETROCHINA INTERNATIONAL (S) PTE LTD 1 -1
3 TFG MARINE PTE LTD 5 +2
4 VITOL BUNKERS (S) PTE. LTD 4 0
5 SHELL EASTERN TRADING (PTE) LTD 3 -2
6 BP SINGAPORE PTE. LIMITED 7 +1
7 GLOBAL ENERGY TRADING PTE LTD 9 +2
8 CHEVRON SINGAPORE PTE LTD 12 +4
9 MINERVA BUNKERING PTE LTD 13 +4
10 SENTEK MARINE & TRADING PTE LTD 8 -2
11 ENG HUA COMPANY (PTE) LTD 17 +6
12 MAERSK OIL TRADING SINGAPORE PTE LTD 15 +3
13 GLENCORE SINGAPORE PTE.LTD 6 -7
14 EXXONMOBIL ASIA PACIFIC PTE LTD 14 0
15 HONG LAM FUELS PTE LTD 10 -5
16 GOLDEN ISLAND DIESEL OIL TRADING PTE LTD 16 0
17 MARUBENI INT’L PETROLEUM (S) PTE LTD 18 +1
18 CONSORT BUNKERS PTE LTD 20 +2
19 SINOPEC FUEL OIL (SINGAPORE) PTE. LTD. Entered in 2022
20 SK ENERGY INTERNATIONAL PTE LTD 11 -9
21 CATHAY MARINE FUEL OIL TRADING PTE LTD 23 +2
22 TOTALENERGIES MARINE FUELS PTE LTD 19 -3
23 SINGAMAS PETROLEUM TRADING PTE LTD 21 -2
24 BUNKER HOUSE PETROLEUM PTE LTD 31 +7
25 GRANDEUR TRADING & SERVICES PTE LTD 24 -1
26 FRATELLI COSULICH BUNKERS (S) PTE LTD 25 -1
27 GLOBAL MARINE TRANSPORTATION PTE LTD 26 -1
28 PALMSTONE TANKERS & TRADING PTE LTD 30 +2
29 TOYOTA TSUSHO PETROLEUM PTE LTD 22 -7
30 SIRIUS MARINE PTE LTD 29 -1
31 KENOIL MARINE SERVICES PTE LTD 32 +1
32 CNC PETROLEUM PTE LTD 28 -4
33 EASTPOINT INTERNATIONAL MARKETING PTE LTD 38 +5
34 TRITON BUNKERING SERVICES PTE LTD 27 -7
35 VICTORY PTE LTD 35 0
36 IMPEX MARINE (S) PTE LTD 33 -3
37 CENTRAL STAR MARINE SUPPLIES PTE LTD 36 -1
38 PEGASUS MARITIME (S) PTE LTD 39 +1
39 HAI YIN MARINE PTE LTD 37 -2
40 HAI FU MARINE SERVICES PTE LTD 34 -6
41 SHELL EASTERN PETROLEUM (PTE) LTD 40 -1
42 BUNKER B PTE LTD 41 -1

 

Related: Singapore: MPA awards bunker supplier licence to China’s Sinopec
Related: MPA completes investigations into bunker fuel contamination; temporary suspends Glencore’s Bunkering Licence
Related: Glencore Singapore temporary bunker licence suspension ends
Related: Exclusive: Estimated marine fuel sales figures of Singapore top 10 bunker suppliers by volume in 2021
Related: Exclusive: Singapore top bunker suppliers reveal estimated sales volume for 2020
Related: Exclusive: Singapore top bunker suppliers reveal estimated sales volume for 2019
Related: Exclusive: Estimated annual sales volume for Singapore top bunker suppliers in 2018
Related: Exclusive: Singapore top bunker suppliers reveal monthly sales volume in 2017

 

Photo credit: Manifold Times
Published: 18 January, 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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