Singapore has made significant progress in the supply of biofuels to support maritime decarbonisation and transformation, and is expected to continue to do so in the upcoming years.
According to the Maritime & Port Authority Of Singapore (MPA Singapore), bunker sales of biofuel blends increased to 520,000 tonnes in 2023, which more than tripled from 140,000 tonnes in 2022. Meanwhile, industry experts and fuel suppliers expect that the positive trend will continue the next years.
For instance, as Louise Tricoire, vice president at TotalEnergies Marine Fuels told Reuters, TotalEnergies expects nearly double the current tonnage looking at 2025
Looking ahead to 2025, we foresee a potential surge in biofuel (bunker) demand in Singapore, potentially nearing 1 million (metric) tons per annum
… said Louise Tricoire
TotalEnergies has previously shown keen interest in biofuel bunkering in Singapore. For instance, it has aided in Singapore carrying out its first biofuel bunker operation for both a vehicle carrier and for a for container ship.