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Preliminary bunkering data on MPA’s website shows LNG bunkering sales in the world’s largest bunkering port reached 463,948 mt in 2024.
This marks a 318.5 percent increase compared to 110,850 mt in 2023 when LNG bunkering sales jumped compared to 16,300 mt in 2022 and 49,190 mt in 2021.
Also, December LNG bunkering figures were the fourth-highest year, reaching 48,310 mt.
Deccember LNG bunkering volumes rose 422.2 percent year-on-year and were higher compared to 27,501 mt in November.
The volumes were lower than 50,577 mt in October, 48,752 mt in May, and the record month of June with 51,662 mt of LNG.
MPA said in a separate statement that sales of alternative bunker fuels exceeded one million tonnes for the first time to reach 1.34 million tonnes in 2024, a year-on-year doubling.
Specifically, the sale of biofuel blends grew from 0.52 million tonnes in 2023 to 0.88 million tonnes.
MPA is currently looking for ways to scale up use of LNG as a marine fuel in the Singapore port.
Last month, it launched an expression of interest (EOI) to invite interested parties to submit a proposal(s) that would allow MPA to better understand the potential for scaling up of sea-based reloading of LNG for use as a marine fuel.
LNG bunkering trio
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 in 2023.
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 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 last 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.