This story requires a subscription
This includes a single user license.
Preliminary bunkering data on MPA’s website shows LNG bunkering sales in the world’s largest bunkering port reached 50,577 mt last month.
This marks a 215 percent increase compared to 16,070 mt in October 2023.
October LNG bunkering volumes were slightly lower than the record month of June with 51,662 mt of LNG.
LNG bunkering volumes rose compared to 36,907 mt in September, 45,590 mt in August, and 43,176 mt in July this year.
LNG bunkering sales in January this year reached 10,420 mt, 26,883 mt in February, 38,618 mt in March, 35,552 mt in April, and 48,752 mt in May.
During January-October, LNG bunkering volumes reached 388,137 mt.
This marks a 2505 percent increase compared to 110,850 mt during the entire last year when LNG bunkering sales jumped compared to 16,300 mt in 2023 and 49,190 mt in 2022.
LNG bunkering volumes in Singapore continue to increase due to new bunkering vessels working in the Singapore port, the growth of the global fleet of LNG-powered vessels, and lower LNG fuel prices.
Singapore currently hosts three LNG bunkering vessels which provide ship-to-ship fueling operations.
The 7,500-cbm FueLNG Bellina, owned by a joint venture consisting of Shell and Seatrium, is Singapore’s first LNG bunkering vessel. It started operations in 2021.
Besides this vessel, the 18,000-cbm FueLNG Venosa completed its first LNG bunkering operation last year.
This is FueLNG’s second bunkering vessel and the JV charters it from Korea Line LNG, a unit of SM Group’s Korea Line.
In June, Singapore’s FueLNG completed its 200th ship-to-ship (STS) LNG bunkering operation.
In addition to these two vessels, Singapore’s Pavilion Energy, which will become a part of Shell, completed the first bunkering operation with MOL’s LNG bunkering vessel, Brassavola, in February this year.
The 12,000-cbm vessel is on charter to Pavilion LNG Bunker I, a wholly-owned subsidiary of Pavilion.
Since receiving a license from MPA in 2016, both FueLNG and Pavilion have completed hundreds of truck-to-ship LNG bunkering operations in Singapore.
TotalEnergies Marine Fuels, a unit of France’s TotalEnergies, is also among three licensed suppliers of LNG bunkering fuels in the port. Under a long-term agreement with Pavilion, Brassavola will supply its customers.