HSFO demand lifts Singapore’s 2021 bunker fuel sales

Singapore’s bunker fuel sales in 2021 rose by 0.3% on the year to 49.99mn t in response to strong high-sulphur fuel oil (HSFO) demand and record container throughput, according to the city-state’s Maritime and Port Authority (MPA). This is the second-highest total on record after the port of Singapore, the world’s largest bunkering hub, achieved

PetroChina Int’l tops Singapore’s list of 2021 marine fuel suppliers

PetroChina International Singapore Pte Ltd climbed three spots to be the top marine fuel supplier in the world’s biggest ship refuelling hub in 2021 while the overall number of licensed suppliers fell by four to 41, official data showed on Monday. Shell Plc’s Singapore bunkering unit, Shell Eastern Trading Pte Ltd, fell from the top

Fuel price gap leaps to highs not seen since the introduction of the global sulphur cap

The price gap between high and low sulphur fuel oil has widened to extremes not seen since around the introduction of the global sulphur cap in January 2020. While the difference in price between the two dominant fuels has averaged around $110 per ton in the first 22 months of the sulphur cap era, in

Singapore Bunker sales volume increase by 2.5% on year in October

Marine fuel sales at Singapore port increased by 2.5% on year during October 2021, according to Maritime and Port Authority of Singapore (MPA) data. In total, 4.25 million metric tonnes (mt) (exact 4,254,700 mt) of various marine fuels were sold at the world’s largest bunkering port in October, an increase from 4.15 million mt (4,152,400