Singapore bio-bunker and LNG sales rose in August
Singapore sold around 2,100 mt/day of bio-blended bunkers in August, significantly up from around 1,600 mt/day sold in July, according to preliminary figures from the port authority.
Changes in Singapore alternative fuel sales between July and August:
- Bio-VLSFO sales up from 42,500 mt to 55,200 mt
- Bio-HSFO sales up from 6,100 mt to 11,200 mt
- Bio-MGO sales up from nil to 700 mt
- Bio-LSMGO sales up from nil to 700 mt
- LNG sales up from 43,200 mt to 45,600 mt
Singapore's bio-blended bunker sales surged by a substantial 40% in August, marking the second consecutive month of growth and reaching their highest level since October 2023.
Most of the 67,800 mt of bio bunkers sold in August were VLSFO blended with a bio component—typically 24% in Singapore. Total biofuel bunker sales across the first eight months of this year reached almost 405,000 mt, significantly higher than 286,000 mt sold during the same period last year.
LNG sales also rose by 6% in August. Total LNG bunker sales stood at almost 301,000 mt in the first eight months, significantly higher than 71,000 mt sold in the same period last year.
No methanol sales have been recorded since May.
By Tuhin Roy
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