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Singapore: Bunker fuel sales gain by 10.8% on year in October 2024

4.88 million mt of various marine fuel grades were delivered at the world’s largest bunkering port in October, an increase from 4.40 million mt recorded during the similar month in 2023.

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Sales of marine fuel at Singapore port increased by 10.8% on year in October 2024, according to Maritime and Port Authority of Singapore (MPA) data.

In total, 4.88 million metric tonnes (mt) (exact 4,878,620 mt) of various marine fuel grades were delivered at the world’s largest bunkering port in October, an increase from 4.40 million mt (4,401,540 mt) recorded during the similar month in 2023.

Deliveries of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in October (against on year) recorded respectively 1.82 million mt (+11.6% from 1.45 million mt), 2.51 million mt (-8.2% from 2.52 million mt), 3,000 (+100% from zero), 8,000 mt (-43.1% from 35,700 mt) and 500 (+100% from zero).

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Bio-blended variants of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in October (against on year) recorded respectively 21,700 (+100% from 2,300), 116,200 mt (+114.9% from 76,800 mt), 1,700 (+100% from zero), zero (from zero) and zero (from zero).

LNG and methanol sales were posted respectively at 50,600 mt (+379.2% from 16,100) and zero (from zero).

Articles on Singapore bunker volumes for 2024:

Related: Singapore: Bunker fuel sales continue to increase by 2.8% on year in September 2024
Related: Singapore: Bunker fuel sales increase by 7.2% on year in August 2024
Related: Singapore: Bunker fuel sales up by 3.3% on year in July 2024
Related: Singapore: Bunker fuel sales gain 8.7% in June 2024
Related: Singapore: Bunker fuel sales increase by 6.7% in May 2024
Related: Singapore: Bunker fuel sales down by 0.6% on year in April 2024
Related: Singapore: Bunker fuel sales increase by 6.4% on year in March 2024
Related: Singapore: Bunker fuel sales up by 18.8% on year in February 2024
Related: Singapore: Bunker fuel sales up by 12.1% on year in January 2024

A complete series of articles on Singapore bunker volumes by Manifold Times in 2023 can be found below:

Related: Singapore achieves milestone with record year for bunker sales in 2023
Related: Singapore: Bunker fuel sales fell 2.5% on year in November 2023
Related: Singapore: Bunker fuel sales increase by 3.5% on year in October 2023
Related: Singapore: Bunker fuel sales increase by 7.7% on year in September 2023
Related: Singapore: Bunker fuel sales continue upward trend, rose by 3.4% on year in August 2023
Related: Singapore: Bunker fuel sales continue upward trend, rose by 9.7% on year in July 2023
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

 

Photo credit: Maritime and Port Authority of Singapore
Published: 15 November, 2024

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Digital platform

Ofiniti eBDN solution chosen by FincoEnergies for marine biofuel ops in ARA region

Development takes place on the back of complex logistics and opaque operational processes experienced by the marine (bio)fuel market; which Ofiniti’s FuelBoss eBDN solution seeks to simplify.

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FincoEnergies MT

Rotterdam-based FincoEnergies, an independent, leading supplier of (bio)fuels and decarbonisation services for the transport sector, will be adopting Ofiniti’s FuelBoss eBDN technology, with operational support from VT Group.

The development takes place on the back of complex logistics and opaque operational processes experienced by the marine (bio)fuel market; which Ofiniti’s FuelBoss eBDN solution seeks to simplify.

“Schedules are becoming increasingly tighter as demand for sustainable biofuels grows,” explains Leon Arets, Trading & Operations Director at FincoEnergies.

“We’re adopting a platform that enhances structure and responsiveness. This digital leap allows us to not only scale efficiently but also deliver greater transparency and operational excellence to our clients.”

A spin-off from global assurance and risk management leader DNV, Ofiniti brings together deep industry know-how with cutting-edge technology. Its flagship platform, FuelBoss, is designed to replace cumbersome manual processes with streamlined digital workflows that boost efficiency and data reliability.

“Our work with LNG suppliers laid the groundwork,” notes Oliver Brix Sparsø, Global Director of Sales at Ofiniti. “But this collaboration with FincoEnergies and VT Group marks the first large-scale commitment to digital delivery workflows for biofuels. It’s a turning point for the region.”

FincoEnergies’ mission, Decarbonising the transport industry together, is grounded in collaboration and innovation. The partnership with Ofiniti and VT Group exemplifies this spirit, combining technological leadership with operational expertise.

“As operators, we continuously look for ways to improve life on board and support our partners,” adds Wouter van Reenen, Business Development Manager at VT Group. “FuelBoss is a strong fit for our operations and those of our chartering clients.”

Related: Ofiniti to digitalise Azane ammonia bunkering operations across Scandinavia
Related: Ofiniti to roll out e-BDNs for Golden Island methanol bunkering operations in Singapore
Related: Global Fuel Supply to adopt FuelBoss by Ofiniti for e-BDN in West Africa
Related: Ofiniti appoints Oliver Brix Sparsø as new Global Director of Sales
Related: Ofiniti acquires Singapore-based Angsana Technology to advance digital bunkering solutions
Related: Singapore: FuelBoss by Ofiniti becomes sixth whitelisted e-BDN solution
Related: Digital bunkering platform Ofiniti successfully spun out from DNV
Related: FuelBoss to continue under new DNV company Ofiniti

 

Photo credit: Ofiniti
Published: 17 June 2025

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Newbuilding

NYK Group’s first methanol-fuelled bulk carrier “Green Future” delivered

Vessel is the first bulk carrier in the NYK Group to be equipped with a dual-fuel engine that uses methanol and fuel oil.

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Green Future MT

NYK Group on 13 May received delivery of Green Future, the company’s first methanol dual-fuel bulk carrier, at the TSUNEISHI Factory of TSUNEISHI SHIPBUILDING Co., Ltd. where a naming and delivery ceremony was also held, it said on Thursday (14 June).

The vessel will be chartered by NYK Bulk & Projects Carriers Ltd., an NYK Group company, from KAMBARA KISEN Co., Ltd.

It is the first bulk carrier in the NYK Group to be equipped with a dual-fuel engine that uses methanol and fuel oil.

“Methanol has a lower environmental impact than fuel oil, and by using bio-methanol and e-methanol produced using hydrogen derived from renewable energy sources and recovered carbon dioxide, the vessel achieves significant reductions in greenhouse gas emissions,” it said.

Vessel Particulars
LOA: 199.99 m
Breadth: 32.25 m
Depth: 19.15 m
Deadweight: approx. 65,700 metric tons
Capacity: approx. 81,500 m3
Draft: 13.8 m

Related: Tsuneishi delivers world’s first methanol dual-fuel Ultramax bulker to NYK
Related: Japan: NYK to time-charter its first methanol-fuelled bulk carrier

 

Photo credit: NYK Group
Published: 17 June 2025

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Ammonia

Yara Clean Ammonia voices support for ammonia bunkering pilot

Pilot has generated crucial real-world data and best practices for future ammonia bunkering operations globally.

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Yara ammonia STS operation

Yara Clean Ammonia (YCA), the world’s largest trader and distributor of ammonia, on Friday (13 June) announced its key role in a landmark maritime decarbonisation initiative led by the Global Centre for Maritime Decarbonisation (GCMD).

The successful completion of the first-ever ship-to-ship transfer (STS) of ammonia at anchorage in Western Australia marks a major milestone in paving the way for ammonia as a viable marine fuel, it said.

Under the supervision of the Pilbara Port Authority (PPA), the pilot took place within the anchorage area of Port Dampier, simulating real-world bunkering conditions and demonstrating that ammonia transfer can be executed safely and effectively offshore.

According to YCA, the trial builds on the insights from GCMD’s prior safety study in Singapore and confirms that, with the right controls in place, ammonia STS transfers at anchorage are both safe and scalable.

The pilot has also generated crucial real-world data and best practices for future ammonia bunkering operations globally.

“This successful trial is a pivotal step towards building trust in ammonia as a zero-to-near-zero emission (ZNZ) maritime fuel,” said Murali Srinivasan SVP Commercial in Yara Clean Ammonia.

“It’s the result of world-class collaboration and careful planning—and it shows that with the right safeguards, ammonia bunkering is not only feasible but practical.”

 

Photo credit: Yara Clean Ammonia
Published: 17 June 2025

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