Fuel Sales at Singapore Bunker Hub Hit Record Highs in 2024

SINGAPORE, Jan 15 (Reuters) – Marine fuel sales reached fresh highs at the world’s largest bunker hub of Singapore in 2024, official data showed on Wednesday, driven by record container throughput and higher deliveries of alternative marine fuels.

Sales totalled 54.92 million metric tons in 2023, data from the Maritime and Port Authority of Singapore (MPA) showed. Total sales surpassed a previous record of 51.82 million tons in 2023.

Container throughput climbed to 41.12 million twenty-foot equivalent units (TEUs) in 2024, also lo…