Singapore’s marine fuel sales increased in March, totaling 4.47 million metric tons, according to data released by the Maritime and Port Authority of Singapore (MPA).
The volume marked a 7.8% rise from February, which had recorded a 20-month low, and a 0.5% increase compared to March of the previous year.
The growth was driven by a 14.5% rebound in vessel calls for bunkering, reaching 3,522 calls, and a 12.6% increase in container throughput to 3.74 million 20-foot equivalent units (TEUs).
Sales of 0.5% low-sulphur fuel oil (VLSFO) grew by 12.9% to 2.33 million tons.
High-sulphur marine fuel (MFO) sales remained steady at 1.62 million tons, while marine gasoil sales rose 6.0% to 333,600 tons. Alternative fuel sales also increased, with marine biofuel volumes reaching 145,000 tons and liquefied natural gas sales rising month-on-month.
The Maritime and Port Authority of Singapore, established in 1996, is a statutory board under Singapore’s Ministry of Transport. It oversees the regulation and development of Singapore’s port and maritime sectors, managing port operations, vessel traffic, and bunkering activities.
