Singapore Bunker Sales Climb to Four-Month High in July as Demand Extends Winning Streak

Singapore’s combined conventional and biofuel bunker sales rose to a four-month high in July, marking a third straight month of growth, according to data released by the Maritime and Port Authority of Singapore (MPA) and reported by Ship & Bunker.

Total sales reached 4.67 million mt in July, up 1.3% from June, though still 4.2% below July 2025 volumes, Ship & Bunker reports. The figure represents the strongest monthly total since March 2026, when demand spiked following the onset of the Iran war, according to the report.

Year-to-Date Performance

Cumulative sales for the first seven months of 2026 totalled 32.58 million mt, a 3% increase over the 31.62 million mt recorded during the same period last year, Ship & Bunker states. If this pace continues through year-end, 2026 sales would reach an estimated 55.86 million mt, a slight 0.6% decline from the record volumes seen in 2025, the report notes.

Product Breakdown

According to Ship & Bunker’s analysis of MPA data, VLSFO sales climbed 5.9% month-on-month to 2.33 million mt in July, though they remained 1.9% lower year-on-year. HSFO sales fell on both counts, dropping 4.4% from June and 1% from July 2025 to total 1.95 million mt. Distillate sales rose 4.2% monthly to 359,600 mt but were down 14.4% annually.

Biofuel blend volumes increased 5.3% month-on-month to 39,500 mt, yet remained 67% below year-ago levels, the report states. Within that total, B100 sales fell to 1,360 mt, down from 1,500 mt in June and sharply lower than May’s 12,800 mt.

LNG bunker sales, tracked separately by Ship & Bunker, rose 6.7% monthly and 41.5% annually to 58,690 mt. No methanol or ammonia bunker sales were recorded in July, and methanol sales have been absent from the data since February, according to the report.

Calls and Pricing

Singapore recorded 3,675 bunker calls in July, up 0.7% year-on-year and 1.6% month-on-month, Ship & Bunker reports. The average stem size slipped to 1,271.6 mt, down from 1,275.3 mt in June and below the 12-month average of 1,319 mt.

Ship & Bunker’s own price data showed Singapore’s average VLSFO price at $755/mt in July, compared to $524/mt a year earlier and $728/mt in June 2026. The publication’s G20-VLSFO Index averaged $760/mt in July, up from $553/mt last year but down from $782/mt in June.

Total gross tonnage calling at Singapore rose marginally by 0.5% year-on-year to 283 million GT, with container ship tonnage up 0.3% and tanker tonnage down 1.3%, according to MPA data cited by Ship & Bunker.

Does This Matter to You?

Movements in Singapore’s bunker volumes and pricing carry weight given the port’s role as the world’s largest bunkering hub. The sustained three-month rise in demand, alongside shifts in VLSFO and HSFO uptake, may factor into fuel procurement planning and cost forecasting for vessels transiting or calling at the port. The continued weakness in biofuel blend sales relative to last year, alongside the absence of methanol and ammonia transactions, may also be relevant to those tracking the pace of alternative fuel adoption in the region. Beyond that, the source material does not detail further specific implications for particular market segments.

Gulf Bunkering does not provide operational or security guidance. This article is for informational purposes only. Operators should consult flag state authorities, P&I clubs, and relevant advisories for decisions relating to transit planning.

Sources: Ship & Bunker (data from Maritime and Port Authority of Singapore)

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