November3 , 2026

    Marine fuel sales at Singapore bunker hub hit record high in 2023

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    Total marine fuel sales hit a record high at leading bunker hub Singapore last year, official data showed on Friday, led by record container throughput and stronger interest in biofuels.

    The sales, including volumes of bio-blended fuels and liquefied natural gas (LNG), rose to 51.82 million metric tons in 2023, data from Singapore’s Maritime and Port Authority showed on Friday.

    Total sales surpassed a previous record of 50.6 million tons in 2017.