Exclusive: Estimated marine fuel sales figures of Singapore top 10 bunker suppliers by volume in 2023
- Published
by Admin
The Maritime and Port Authority of Singapore (MPA) on Friday (12 January) updated its list of top bunker suppliers by volume in 2023.
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 2023:
| ESTIMATED ANNUAL FIGURES OF TOP 10 BUNKER SUPPLIERS BY VOLUME (YEAR 2023) | ||
| Position | BUNKER SUPPLIERS | Volume in 2023 |
| 1 | EQUATORIAL MARINE FUEL MANAGEMENT SERVICES PTE LTD | 5.0 million mt |
| 2 | TFG MARINE PTE LTD | 4.8 million mt |
| 3 | SINOPEC FUEL OIL (SINGAPORE) PTE. LTD. | 4.7 million mt |
| 4 | PETROCHINA INTERNATIONAL (S) PTE LTD | 4.6 million mt |
| 5 | VITOL BUNKERS (S) PTE. LTD. | Not available |
| 6 | CHEVRON SINGAPORE PTE LTD | Not available |
| 7 | BP SINGAPORE PTE. LIMITED | 2.94 million mt |
| 8 | GLOBAL ENERGY TRADING PTE LTD | 2.44 million mt |
| 9 | SHELL EASTERN TRADING (PTE) LTD | Not available |
| 10 | ENG HUA COMPANY (PTE) LTD | 2.2 million mt |
The top three gainers for 2023 were Sinopec Fuel Oil (Singapore) Pte. Ltd (+16) which entered the Singapore market in 2022, Pegasus Maritime (S) Pte Ltd (+12), and both Kenoil Marime Services Pte Ltd (+6) and Central Star Marine Supplies Pte Ltd (+6).
Fratelli Cosulich Bunkers (S) Pte Ltd dropped by ten places from 26th in 2022 to 36th position in 2023.
A total of 41 bunker suppliers was registered in this year’s list (compared to 42 in 2022) due to the departure of Toyota Tsusho Petroleum Pte Ltd in Q4 2023.
A list of all bunker suppliers ranked by volume in 2023 (versus position in 2022) and their movement are as follows (best viewed on desktop):
| LIST OF ALL BUNKER SUPPLIERS BY VOLUME (YEAR 2023) | |||
| Position in 2023 | BUNKER SUPPLIERS | Position in 2022 | Movement |
| 1 | EQUATORIAL MARINE FUEL MANAGEMENT SERVICES PTE LTD | 1 | 0 |
| 2 | TFG MARINE PTE LTD | 3 | +1 |
| 3 | SINOPEC FUEL OIL (SINGAPORE) PTE. LTD. | 19 | +16 |
| 4 | PETROCHINA INTERNATIONAL (S) PTE LTD | 2 | -2 |
| 5 | VITOL BUNKERS (S) PTE. LTD. | 4 | -1 |
| 6 | CHEVRON SINGAPORE PTE LTD | 8 | +2 |
| 7 | BP SINGAPORE PTE. LIMITED | 6 | -1 |
| 8 | GLOBAL ENERGY TRADING PTE LTD | 7 | -1 |
| 9 | SHELL EASTERN TRADING (PTE) LTD | 5 | -4 |
| 10 | ENG HUA COMPANY (PTE) LTD | 11 | +1 |
| 11 | GLENCORE SINGAPORE PTE.LTD. | 13 | +2 |
| 12 | MINERVA BUNKERING PTE LTD | 9 | -3 |
| 13 | MAERSK OIL TRADING SINGAPORE PTE LTD | 12 | -1 |
| 14 | EXXONMOBIL ASIA PACIFIC PTE LTD | 14 | 0 |
| 15 | SENTEK MARINE & TRADING PTE LTD | 10 | -5 |
| 16 | MARUBENI INT’L PETROLEUM (S) PTE LTD | 17 | +1 |
| 17 | GOLDEN ISLAND DIESEL OIL TRADING PTE LTD | 16 | -1 |
| 18 | SINGAMAS PETROLEUM TRADING PTE LTD | 23 | +5 |
| 19 | BUNKER HOUSE PETROLEUM PTE LTD | 24 | +5 |
| 20 | CATHAY MARINE FUEL OIL TRADING PTE LTD | 21 | -1 |
| 21 | HONG LAM FUELS PTE LTD | 15 | -6 |
| 22 | SK ENERGY INTERNATIONAL PTE LTD | 20 | -2 |
| 23 | CONSORT BUNKERS PTE LTD | 18 | -5 |
| 24 | TOTALENERGIES MARINE FUELS PTE LTD | 22 | -2 |
| 25 | KENOIL MARINE SERVICES PTE LTD | 31 | +6 |
| 26 | PEGASUS MARITIME (S) PTE LTD | 38 | +12 |
| 27 | PALMSTONE TANKERS & TRADING PTE LTD | 28 | +1 |
| 28 | GLOBAL MARINE TRANSPORTATION PTE LTD | 27 | -1 |
| 29 | TRITON BUNKERING SERVICES PTE LTD | 34 | -5 |
| 30 | SIRIUS MARINE PTE LTD | 30 | 0 |
| 31 | CENTRAL STAR MARINE SUPPLIES PTE LTD | 37 | +6 |
| 32 | GRANDEUR TRADING & SERVICES PTE LTD | 25 | -7 |
| 33 | CNC PETROLEUM PTE LTD | 32 | -1 |
| 34 | IMPEX MARINE (S) PTE LTD | 36 | +2 |
| 35 | HAI YIN MARINE PTE LTD | 39 | +4 |
| 36 | FRATELLI COSULICH BUNKERS (S) PTE LTD | 26 | -10 |
| 37 | VICTORY PTE LTD | 35 | -2 |
| 38 | EASTPOINT INTERNATIONAL MARKETING PTE LTD | 33 | -5 |
| 39 | HAI FU MARINE SERVICES PTE LTD | 40 | +1 |
| 40 | BUNKER B PTE LTD | 41 | +1 |
| 41 | SHELL SINGAPORE PTE. LTD. | 42 | -1 |
- Includes conventional bunker and biofuel bunker
This year saw MPA including a list of top biofuel bunker suppliers by volume in 2023 with several new entries recorded supplying biofuel at the world’s largest bunkering port; the data is as follows:
| LIST OF ALL BUNKER SUPPLIERS BY VOLUME OF BIOFUEL SUPPLIED (YEAR 2023) | ||
| Position in 2023 | BUNKER SUPPLIERS | Position in 2022 |
| 1 | MAERSK OIL TRADING SINGAPORE PTE LTD | New entry |
| 2 | CHEVRON SINGAPORE PTE LTD | 1 |
| 3 | BP SINGAPORE PTE. LIMITED | 3 |
| 4 | VITOL BUNKERS (S) PTE. LTD. | 2 |
| 5 | MINERVA BUNKERING PTE LTD | 6 |
| 6 | TOTALENERGIES MARINE FUELS PTE LTD | 4 |
| 7 | SHELL EASTERN TRADING (PTE) LTD | New entry |
| 8 | TFG MARINE PTE LTD | New entry |
| 9 | EXXONMOBIL ASIA PACIFIC PTE LTD | 5 |
| 10 | CATHAY MARINE FUEL OIL TRADING PTE LTD | New entry |
| 11 | GLOBAL ENERGY TRADING PTE LTD | 8 |
| 12 | GOLDEN ISLAND DIESEL OIL TRADING PTE LTD | New entry |
| 13 | PETROCHINA INTERNATIONAL (S) PTE LTD | New entry |
| 14 | KENOIL MARINE SERVICES PTE LTD | 9 |
Manifold Times recently reported a total of 51.82 million tonnes of bunker sales being registered in 2023, surpassing the previous record of 50.64 million tonnes in 2017.
Related: Singapore achieves milestone with record year for bunker sales in 2023
Related: Toyota Tsusho Petroleum removed from licensed bunker suppliers list in Port of Singapore
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Photo credit: Manifold Times
Published: 16 January 2024
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