Singapore LNG bunkering volumes jump in February

Singapore’s monthly LNG bunkering sales almost doubled in February compared to the same month last year, 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 58,990 mt last month.

This compares to 30,030 mt in February 2024.

LNG bunkering sales also rose compared to 42,590 mt in the prior month and were the third-highest monthly sales ever, the data shows.

Last year, Singapore LNG bunkering volumes rose 23.9 percent compared to the year before, reaching a new yearly record.

Data on MPA’s website shows LNG bunkering sales reached 571,350 mt last year.

This compares to 460,950 mt in 2024, which surged compared to 110,850 mt in 2023.

LNG bunkering volumes in Singapore increased 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 addition, MPA is currently looking for ways to scale up use of LNG as a marine fuel in the port of Singapore.

At present, the port of Singapore is served by three licensed LNG bunker suppliers and hosts three LNG bunkering vessels which provide ship-to-ship fueling operations.

The bunkering vessels are the 7,500-cbm FueLNG Bellina, the 18,000-cbm FueLNG Venosa, and the 12,000-cbm Brassavola.

In January, MPA opened applications for additional licences to supply LNG as a marine fuel in the port of Singapore.

According to MPA, the licence application is open to both existing LNG licensees and new entrants.

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