Singapore LNG bunkering volumes continue to increase

Singapore’s liquefied natural gas (LNG) bunkering sales continued to increase year-on-year in August, according to Singapore’s Maritime and Port Authority.

Preliminary bunkering data on MPA’s website shows LNG bunkering sales in the world’s largest bunkering port reached 45,590 mt last month.

This marks a 193 percent increase compared to 15,560 mt in August 2023.

LNG bunkering volumes also rose compared to 43,176 mt in July this year.

However, they were lower than the record 51,662 mt in June this year and were the third-highest ever after 48,752 mt in May this year.

LNG bunkering sales in January this year reached 10,420 mt, 26,883 mt in February, 38,618 mt in March, and 35,552 mt in April.

During January-August, LNG bunkering volumes reached 301,443 mt, 172 percent more 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 operations in Singapore

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.

In June, Singapore’s FueLNG, a joint venture consisting of Shell and Seatrium, completed its 200th ship-to-ship (STS) LNG bunkering operation.

FueLNG Bellina is Singapore’s first LNG bunkering vessel. In March 2021, it completed its first operation with a CMA CGM container vessel.

In June last year, the 18,000-cbm FueLNG Venosa completed its first LNG bunkering operation to the 210,000-dwt bulk carrier, Mount Tai.

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 is being acquired by Shell, completed the first bunkering operation with MOL’s LNG bunkering vessel, Brassavola, in February this year.

The newbuild, which has a capacity of 12,000 cbm, 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.

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