Equatorial Marine becomes the top fuel supplier at Singapore

Equatorial Marine Fuel Management Services Pte Ltd rose one spot to become the top marine fuel supplier at world’s largest bunkering hub Singapore in 2022.

Equatorial overtook PetroChina International Singapore Pte Ltd, who dipped from its top ranking in 2021 to second spot in 2022, while Trafigura’s TFG Marine Pte Ltd climbed two spots to become third-largest supplier, data from the Maritime and Port Authority (MPA) of Singapore showed.

Vitol Bunkers Pte Ltd maintained fourth in 2022 as with the previous year, while Shell Plc’s Singapore bunkering unit, Shell Eastern Trading Pte Ltd, fell two spots to fifth. Sales of marine fuels, known as bunkers, fell 4.3% year-on-year to 47.9 million tonnes in 2022 at Singapore as macroeconomic headwinds weighed on global ship refuelling demand.