Data from the Maritime and Port Authority of Singapore (MPA) show that bunker sales in August 2025 increased year on year, with bio-blended grades reaching a new monthly high before easing in September.
MPA’s report figures places September’s bio-blended bunker sales at 119,300 tonnes, down from the August peak, while total bunker volumes declined month on month.
Traders describe 2025 as a term-driven market for marine biofuels. “From our estimates, roughly 80% of biofuel demand in Singapore is fulfilled on term [contracts] this year, versus predominantly spot last year,” said Jesper Sørensen, global head of alternative fuels and carbon markets at KPI OceanConnect, during the Marine Fuels 360 conference in Singapore last week.
Policy expectations are influencing contracting behavior. The IMO’s Marine Environment Protection Committee opened an extraordinary session on 14 October to adopt the NZF, a set of binding measures approved in April and now moving toward formal adoption.
Maritime and Port Authority of Singapore (MPA) is a statutory body under the Ministry of Transport of Singapore, MPA regulates and promotes maritime activities, including bunkering and port operations.
