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Singapore: Bunker fuel sales continue upward trend, rose by 9.7% on year in July 2023

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4.52 million mt of various marine fuel grades were delivered at the world’s largest bunkering port in July, an increase from 4.12 million mt recorded during July 2022.
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Sales of bunker fuel at Singapore port increased by 9.7% on year during July 2023, according to Maritime and Port Authority of Singapore (MPA) data.

In total, 4.52 million metric tonnes (mt) (exact 4,517,500 mt) of various marine fuel grades were delivered at the world’s largest bunkering port in July, an increase from 4.12 million mt (4,119,200 mt) recorded during July 2022.

Deliveries of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in July (against on year) recorded respectively 1.49 million mt (+15.5% from 1.29 million mt), 2.67 million mt (+6.8% from 2.50 million mt), zero (from zero), 22,300 mt (+61.6% from 13,800 mt) and zero (from zero)

maritimeperformance 072023 2

Bio-blended variants of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in July (against on year) recorded respectively 500 mt (+100% from zero), 39,400 mt (+1131.3% from 3,200 mt), zero (from zero), zero (from zero) and zero (from zero) 

LNG and methanol sales were posted respectively at 18,300 mt (+1043% from 1,600 mt) and 300 mt (+100% from zero), which was from Singapore’s first methanol bunkering operation in July 2023. 

Manifold Times previously reported Maersk and Hong Lam Marine Pte Ltd successfully conducted the world’s first ship-to-containership methanol bunkering operation of a Maersk’s container vessel on 27 July 2023 at the Raffles Reserved Anchorage in Singapore. 

Maersk’s container vessel – the world’s first container vessel sailing on green methanol – was successfully refuelled with approximately 300 metric tonnes of bio-methanol via Hong Lam Marine’s Singapore-registered tanker, MT Agility, for its onward maiden passage to Copenhagen. MT Agility had earlier taken bio-methanol stored at Vopak Terminals. The container vessel will be named in a ceremony in Copenhagen in September.

Related: Singapore bunkering sector enters milestone with first methanol marine refuelling op
Related: The Methanol Institute: Singapore takes first-mover advantage in Asia with methanol bunkering pilot
Related: Singapore: Bunker fuel sales continue to increase by 4.7% on year in June 2023
Related: Singapore: Bunker fuel sales increase by 11.8% on year in May 2023
Related: Singapore: Bunker fuel sales continue upward trend, rose by 13.4% on year in April
Related: Singapore: Bunker fuel sales continue upward trend, rose by 10.8% on year in March
Related: Singapore: Bunker fuel sales continue upward trend, up 8.3% on year in February
Related: Singapore’s bunker sales kickstarts well with 8.6% increase on year in January 

A complete series of articles on Singapore bunker volumes by Manifold Times in 2022 can be found below:

Related: Singapore: January bunker sales volume down 10.4% on year, show MPA data
Related: Bunker fuel sales at Singapore fell 15% on year in February 2022
Related: Singapore: Marine fuel sales continue downward trend, falls 10.2% on year in March
Related: Singapore: Marine fuel sales continue downturn trend, down 12.1% on year in April
Related: Singapore: Bunker fuel sales increase by 1.1% on year in May
Related: Bunker fuel sales at Singapore fell 8.7% on year in June 2022
Related: Singapore: Bunker fuel sales increase by 1.4% on year in July, show MPA data
Related: Marine fuel sales at Singapore increase by 1.1% on year in August
Related: Singapore: Bunker fuel sales marginally up 0.8% on year in Sep
Related: Singapore: Bunker fuel sales slightly down 0.1% on year in October
Related: Singapore: Bunker fuel sales increase by 3.6% on year in November
Related: Singapore: Bunker fuel sales increase by 0.9% in December, show MPA data

 

Photo credit: Maritime and Port Authority of Singapore
Published: 14 August, 2023