Shell Eastern Trading (Shell) has finished 2020 as the largest bunker supplier by volume at the Port of Singapore.
Shell, which placed fifth in 2019, finished above Equatorial Marine Fuel Management Services and Sentek Marine & Trading which came second and third respectively, according to data provided by the Maritime and Port Authority of Singapore (MPA).
Last year’s top-ranking supplier, Petrochina, dropped down to fourth.
As Bunkerspot reported yesterday, the Port of Singapore recorded a resolute year for bunker sales – finishing 2020 with a total of 49.8 million metric tonnes (mt), a year-on-year rise of 5%.
It was a strong year for many of the oil majors at the world’s biggest port. BP Singapore jumped from eighth position in 2019 to fifth in 2020; Chevron Singapore edged into the top 10 having been placed 21st on the suppliers list in 2019; and ExxonMobil Asia Pacific also made gains, moving from 22nd to 15th. However, Total Marine Fuels slipped from 6th position in 2019 to 13th in 2020.
There was also a strong showing from the commodity trading companies.
Trafigura’s TFG Marine and Mercuria Energy Minerva Bunkering – both of which were awarded bunker supplier licences from the MPA in April 2020 - completed their first year of operations in the Port of Singapore. TFG Marine finished the year as the 16th largest supplier by volume, while Minerva Bunkering, which acquired the bunkering assets from Aegean Marine Petroleum Network in April 2019, ranked 22nd.
In March 2020, energy and commodity trader Vitol completed the acquisition of Sinanju Marine Services, which had been in 14th place on the suppliers list in 2019, and rebranded the company as Vitol Bunkers. The company registered 10th on the list in 2020.
Glencore edged up one position on the list, moving from 7th in 2019 to 6th in 2020.
In July, Fratelli Cosulich added a seventh barge to its Singapore fleet, however the player from dropped five places, from 20th in 2019 to 25th in 2020.
Elsewhere, 2019’s third-placed supplier by volume, Ocean Bunkering Services, dropped down to 21st position in 2020. As previously reported, the Hin Leong subsidiary had its licence suspended by the MPA in October.
Hin Leong Marine International dropped from 17th position in 2019 to 31st in 2020.
Troubled Brightoil Petroleum (Singapore), which tumbled from 28th position in 2018 to 44th in 2019, departed the Singapore market last year along with Seven Seas Oil Trading, which was placed 19th on the suppliers list in 2019. These two exits – along with the addition of TFG Marine and Minerva, and the rebranding of Sinanju to Vitol Bunkering - meant the number of suppliers during 2020 remained at 45, notwithstanding the suspension of Ocean Bunkering Services’ supplier licence.