Asia/Pacific News
BP the Biggest Supplier in Singapore
- Update: It was previously understood that 2012 was BP's 10th year as Singapore's top supplier, but in Jan 2015 MPA said that 2014 was its 11th year as number 1.
Maritime and Port Authority of Singapore (MPA) has revealed the list of bunker suppliers ranked by volume sold at the port in 2012, showing BP Singapore Pte Ltd retained the title of the biggest supplier by volume at the port for a 9th consecutive year.
Brightoil Petroleum, who moved from the 34th position in 2010 to the number two spot last year, slipped to third place in 2012, having been displaced by Sentek Marine & Trading Pte Ltd who moved up from fifth place in 2011, and were seventh in 2010.
SK Energy International Pte Ltd, which slipped from third place to fourth in 2011, made no change in position this year, with Chemoil International Pte Ltd moving up one place from sixth last year to round out the top five.
ExxonMobil Asia Pacific Pte Ltd, who moved from second to third for 2011, dropped out of the top five and were in sixth place for 2012.
Four suppliers moved into the top 20 list for 2012.
Costank (S) Pte Ltd gained five places to the number 20 spot, Consort Bunkers Pte Ltd made a big jump from 54th in 2011 to 17th in 2012, and Total Oil Asia-Pacific Pte Ltd moved from 24th to 13th.
Sirius Marine Pte Ltd became the 12th largest supplier in 2012, up from 21st in 2011.
O.W. Bunker Far East (S) Pte Ltd, Singapore Petroleum Company Ltd, Alliance Oil Trading Pte Ltd, and Seven Seas Oil Trading Pte Ltd were the suppliers to leave the top 20 list who last year were 13th, 14th, 15th, and 17th respectively.
The total list of suppliers for 2012 had eight less suppliers on it compared to last year, with G-Fuel Pte Ltd, in 26th place for 2011, the most recent player to exit the Singapore market after its bunker supplier licence was cancelled in December.
MPA does not reveal exact volumes sold by each supplier, but said last week that total annual volumes fell year-on-year for 2012, the first such dip since 2002.