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Singapore: January bunker sales volume down 10.4% on year, show MPA data

4.03 million mt of various bunker grades were sold at the world’s largest bunkering port in January 2022, lower than 4.50 million mt recorded during January 2021.
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MPA bunker volume Jan 2022

Sales of marine fuels at Singapore port decreased by 10.4 % on year during January 2022, according to Maritime and Port Authority of Singapore (MPA) data.

In total, 4.03 million metric tonnes (mt) (exact 4,033,400 mt) of various bunker grades were sold at the world’s largest bunkering port in January, lower than 4.50 million mt (4,503,000 mt) recorded during January 2021.

Deliveries of 500 centistokes (cSt), 380 cSt and 180 cSt grades in January (against on year) were respectively 85,600 mt (+107.8% from 41,200 mt), 1,036,700 mt (-1.1% from 1,048,700 mt), and 1,000 mt (-97.5% from 40,300 mt).

Low sulphur variants of 500 cSt, 380 cSt and 180 cSt products in January (against on year) posted respectively no sales, 2.01 million mt (-17.6% from 2.44 million), 93,000 mt (-42.7% from 162,200 mt).

Low sulphur 100 cSt recorded sales of 460,100 mt (+18.2% from 389,300 mt) and ULSFO had no sales in January.

Low Sulphur marine gas oil (LS MGO) sales were posted at 336,100 mt (marginally down from 336,000 mt) and MGO at 13,800 mt (-68.1% from 43,200 mt).

A complete series of articles on Singapore bunker volumes by Manifold Times in 2021 can be found below:

Related: Exclusive: Estimated marine fuel sales figures of Singapore top 10 bunker suppliers by volume in 2021
Related: Singapore: Bunker fuel sales marginally down 2.6% on year in December 2021
Related: Singapore: Marine fuel sales decrease 1.0% on year in November, show MPA data
Related: Singapore: Bunker sales volume increase by 2.5% on year in October
Related: Singapore: Bunker sales volume down 6.7% on year in September
Related: Singapore: Bunker sales volume down 2.3% on year in August, show MPA data
Related: Singapore: Bunker fuel sales volume down 2.3% on year in July, show MPA data
Related: Singapore: Bunker sales volume rose 7.3% in June on year, show MPA port data
Related: Singapore: Marine fuel sales rose by 3.7% on year during May, show MPA data
Related: Singapore: Bunker fuel sales up 3.5% on year during April, show MPA data
Related: Singapore: Bunker fuel sales volume dip by 2.8% in year in March
Related: Singapore: Bunker fuel sales volume rose by 6.2% on year in February
Related: Singapore: Bunker fuel sales dip by 0.25% in January; low sulphur fuels decline in volume

 

Photo credit: Maritime and Port Authority of Singapore
Published: 15 February, 2022

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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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June 17, 2025

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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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Business

China: Shanghai Zhongran and PetroChina Shanghai Port to promote bunker fuel blending business

Development will help improve Shanghai Port’s bonded ship fuel supply industry, noted the Shanghai Customs Inspection Office.
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21 hours ago

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June 17, 2025

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Shanghai Zhongran and PetroChina Shanghai Port meeting

A meeting between representatives of Shanghai Zhongran, Shanghai Port Energy, PetroChina Shanghai Port, and Hongkou Customs took place at the Shanghai Customs Inspection Office on Thursday (12 June).

According to Shanghai Zhongran, the meeting’s objective was to discuss the implementation of a high-sulfur and low-sulfur fuel blending business at Shanghai.

During the meeting, a member of the Shanghai Customs Inspection Office stated it will take the opportunity of PetroChina Shanghai Port to carry out this business to promote the development of enterprises in Hongkou District.

The development will improve the utilisation rate of Shanghai Zhongran bonded storage tanks, improve storage functions, and help improve Shanghai Port’s bonded ship fuel supply industry.

After the meeting, PetroChina Shanghai Port submitted a formal application to Hongkou Customs.

Moving forward, Hongkou Customs will formulate a reconciliation plan, open a special account book, and promote the implementation of this business.

 

Photo credit: Shanghai Zhongran
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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21 hours ago

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June 17, 2025

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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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