Sales of marine fuel in Singapore, including sales of liquefied natural gas and biofuels, fell 4.3% year-on-year to 47.9 million tonnes in 2022, official data showed on Friday.
Total bunker sales in the world's largest bunkering hub eased as macroeconomic headwinds weighed on overall ship refuelling demand in Singapore, industry sources said.
Total high-sulphur fuel oil sales for bunkering were up 6.2% from the previous year to 13.7 million tonnes in 2022, while sales of marine gasoils dipped 6.2% to 3.8 million tonnes in 2022. A total of 577.7 million tonnes of cargo was handled in 2022, with vessel arrival tonnage hitting 2.83 billion gross tonnage .
Some shippers opted for high-sulphur grades as more scrubber-installed vessels came online, with the trend expected to continue into 2023.
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