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The world's largest bunker hub has seen sales almost hold up from the artificially high level of January 2020.

Maersk Reports 6.9% Drop in 2020 Bunker Consumption by Ship & Bunker News Team Wednesday February 10, 2021 Logistics giant AP Moller-Maersk saw a The firm's total bunker consumption was 10.3 million mt in 11.1 million mt in 2019. Maersk is the world's largest consumer of bunker fuel, and one of the world's biggest users of oil products of any kind. Last year's oil-price crash stymied the increase in bunker costs that the company expected with the IMO 2020 shift to VLSFO as its dominant bunker fuel. The company paid an average of $372/mt for its fuel last year, down from $412/mt in ...

Singapore: Talk of COVID, MFMs Being End to Bunker Surveying Dismissed as Short Sighted by Ship & Bunker News Team Tuesday January 26, 2021 Singapore is coming to an end has been dismissed as shortsighted. The trader's opinion piece argued that the decline began with the 2017 introduction of MFMs as the meters' reading is deemed final and indisputable. With COVID-19 restrictions now also in place that limit on-board interactions, "maybe [it] is a good time for owners to learn how to go without surveyors," they added. "Singapore port authority should come up with certain checklist or manual...

Although the tested results range from 58 to 59 °C, however as they are below the minimum limit set out in SOLAS, these fuels are classed as off specification.

Total oil sales were 2.5 million m3 in the fourth quarter, up by 10.7% from the same period a year earlier.