Singapore marine fuel sales rise in June after 2-month decline

Singapore marine fuel sales rise in June after 2-month decline

July 14, 2026 / Liam Redmond /


Sales of bunker or marine fuel were about 4.7 million tonnes last month, MPA data shows

[SINGAPORE] Singapore, the world’s largest bunkering hub, stemmed a two-month decline in marine fuel sales in June, edging up a modest 1.6 per cent year on year.

Sales of bunker or marine fuel were about 4.7 million tonnes last month, data from the Maritime and Port Authority of Singapore (MPA) published on Tuesday (Jul 14) showed, up 2.7 per cent over the month.

In May, sales were affected by higher prices as vessels diverted to China for cheaper marine fuel amid tight supply to Asia, due to the effective closure of the Strait of Hormuz – where 20 per cent of the world’s oil typically flows – by Iran after it was attacked by the US and Israel.



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Liam Redmond

As an editor at Forbes Europe, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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