Top Bunker Suppliers in Singapore 2023, Equatorial on First Spot

In a comprehensive review of Singapore’s bunkering landscape for the year 2023, 51.82 million tonnes of bunker sales was registered in 2023, surpassing the previous record of 50.64 million tonnes in 2017 – reflecting Singapore’s support to the global shipping community as a bunkering hub, Top Bunker Suppliers in Singapore 2023 based on the bunker sales by volume are mentioned below.

The strong 2023 performance is largely attributed to the recovery in regional trade and the robust tripartite co-operation among the unions, industry and government to consistently enhance the efficiency, reliability and safety in the Port of Singapore. 

Equatorial Marine Fuel Management Services Maintains Dominance, despite facing no change in its ranking, Equatorial Marine Fuel Management Services Pte Ltd continues to lead as the top bunker supplier by total volume.

TFG Marine Ascends to Second Place, TFG Marine Pte Ltd has made significant strides, securing the second position with a one-place improvement from the previous year. This achievement underscores TFG Marine’s growing influence in Singapore’s bunkering sector.

Sinopec Fuel Oil Surges with a Remarkable Leap, Sinopec Fuel Oil (Singapore) Pte. Ltd. has made an impressive jump, climbing an astonishing 16 places to secure the third spot. This notable advancement suggests a substantial increase in their total bunker volume.

PetroChina International Slips in Rankings, PetroChina International (S) Pte Ltd experienced a decrease in rank, slipping two places to fourth position. This shift reflects the competitive nature of the industry and the challenges faced by key players.

Vitol Bunkers Experience Minor Setback, Vitol Bunkers (S) Pte Ltd faced a slight decline in rankings, dropping one place. These changes emphasize the fluid nature of the bunkering market.

Singapore Top Bunker Suppliers

Source MPA Singapore