Marine fuel sales at the world's largest bunker hub of Singapore posted a strong start to 2026, driven by healthy demand and higher price premiums, based on port data and trade sources. 51 million tons in December, data from the Maritime and Port Authority of Singapore (MPA) showed.
5% to 3,778 calls, per MPA data. Bunker market sources in Singapore said that spot demand was largely healthy in January this year, which is also typically a strong month for seasonal demand ahead of Lunar New Year.
16 million tons. Barging schedules were overall tighter, which in turn propped up price premiums that have been stagnant for many months, some traders said.
Singapore delivered-basis bunker premiums for prompt deliveries rose to above $20 a metric ton to cargo quotes by end-January, compared with low $10s in early-January, according to market sources. 3% at 404,100 tons.
0% to 42,600 tons. Some industry observers have warned that the delay in a formal net-zero framework for shipping could dampen uptake of low-carbon marine fuels, though shipping companies and suppliers have said they will stay the course for green investments.
