What SFI Energy Pte Ltd does

SFI Energy Pte Ltd operates as the energy trading arm of Singfar Group, a privately held Singapore-based maritime energy and shipping group headquartered at 180 Kitchener Road, City Square Mall. The group is structured around three complementary business segments: SFI Energy Pte Ltd handles energy trading (marine fuel, gas oil, LNG, alternative fuels, cargo trading, risk mitigation, and carbon credit trading via the Climate Impact X platform); MGM Ship Management delivers newbuilding supervision, technical management, and commercial fleet management; and three vessel-owning subsidiaries — Hong Zhan Shipping Pte. Ltd., Zhi Zhan Pte Ltd, and Mokara Shipping Pte Ltd — provide energy transportation tonnage. The owned fleet comprises bunker barges with 500-6,200 MT capacity, ocean-going crude and product tankers, and a newbuilding pipeline that includes Dual Fuel (LNG/MGO methanol-ready) bunker tankers, ECO medium-range tankers, and B100 bio-fuel/MGO fueled vessels.

The technology stack is anchored in physical shipping assets augmented by digital layers: AI video analytics deployed across the fleet since June 2025 for real-time safety and efficiency monitoring, machine-learning-powered smart sensors and IoT integration for vessel operations, and Mass Flow Meter data transparency in bunker delivery. Since 2022, Singfar Group has also been an active participant in Singapore's methanol bunkering study, the Lloyd's Register-led Silk Alliance Green Corridor Project, and voluntary carbon credit trading, positioning it for the maritime decarbonization transition. Classification and certification relationships with Lloyd's Register, Bureau Veritas, and RINA support technical compliance.

The revenue model combines transaction-fee revenue (charter hire, freight rates, bunker fuel trading, cargo trading) with professional-services revenue (technical and commercial ship management, risk mitigation advisory). Distribution is sales-led and enterprise-focused, targeting National Oil Companies, oil majors, commodity trading houses, refineries, and vessel operators (from VLCC owners to offshore rig operators) through direct engagement and a network of international brokers. Notable counterparties include BP, Chevron, Sinopec, PTT, Vitol, Trafigura, and Glencore. Marketing relies on a corporate website (singfar.com.sg), a dedicated SFI Energy site (sfienergy.com.sg), an MGM Ship Management site, LinkedIn, industry events (e.g., Smart Port Challenge 2023), and CSR-driven earned media.

Name

SFI Energy Pte Ltd

Legal name

Singfar Group

Website

https://singfar.com.sg

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

SFI Energy Pte Ltd is the energy trading arm of Singapore-based Singfar Group, providing marine fuel, LNG, alternative fuels, cargo trading, and carbon credits to oil majors, NOCs, and global trading houses.

Ownership category

akta.pro rank

Product category

Maritime Energy Services

NAICS

Fuel Dealers (45721)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Fuel & Emissions Systems for Propulsion (Fuel supply, SCR, EGR, exhaust aftertreatment) (IMAJAHAK)

akta.pro secondary industries

Marine Fueling & Engine Fluids Retail (Oil, Additives, Lubricants) (CRAMAIAK), Marine & Offshore Energy O&M (Offshore Wind, Platforms, Subsea Assets) (EUAEAGAO)

Keywords

• Bunker fuel trading
• Ship management services
• Marine fuel supply
• Energy transportation
• Maritime vessel chartering

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Shipowning and Vessel Operations: Ownership and operation of owned fleet including bunker tankers and ocean-going tankers. Revenue generated through charter hire and freight rates.
2. Ship Management Services: Newbuilding supervision, technical and commercial fleet management services provided under MGM Ship Management brand.
3. Energy Trading: Trading of bunker fuel, LNG, alternative fuels, and renewable energy products. Includes marine fuel & gas oil services and cargo trading expertise.
4. Risk Mitigation Services: Market insights and risk management services for energy trading customers.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

SFI Energy Pte Ltd is the energy trading arm of Singfar Group, supplying marine fuel and gas oil with Mass Flow Meter transparency, providing market-based risk mitigation services, and trading oil products and voluntary carbon credits on the Climate Impact X (CIX) platform. Within the broader Singfar Group, energy transportation (owned and chartered dual-fuel bunker tankers, crude/product tankers) and vessel management (newbuilding supervision, technical and commercial management under MGM Ship Management) complement the trading offering.

Product overview

SFI Energy Pte Ltd operates as part of Singfar Group's maritime and energy ecosystem. The group operates through distinct entities providing complementary services: SFI Energy Pte Ltd handles energy trading (marine fuel, risk mitigation, cargo trading, carbon credits); MGM Ship Management provides vessel management (newbuilding supervision, technical and commercial management); and subsidiary shipping entities (Hong Zhan Shipping, Zhi Zhan Pte Ltd, Mokara Shipping) own and operate vessels. The fleet includes bunker tankers (500-6,200 MT capacity), ocean-going crude/product tankers, and newbuildings including Dual Fuel (LNG/MGO) tankers, ECO MR tankers, and B100 bio-fuel capable vessels. The group also deploys AI video analytics across its fleet for safety and efficiency monitoring.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 20+ newbuilding projects delivered since 2002
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature5 records

Partnerships

23 partnerships are on record, tiered core and minor.

• NTScoreStrategic or Co-development Partner · 24 April 2024Deeper collaboration announced in April 2024 reinforcing commitment to sustainable shipping and global trade. Partnership focuses on enhancing fleet operations and market presence in the maritime energy sector.
• AETcoreStrategic or Co-development Partner · 24 April 2024Deeper collaboration with NTS and AET announced in April 2024 to strengthen sustainable shipping capabilities and global trade operations.
• Habitat for Humanity SingaporeminorOthers · 1 January 2024CSR partnership for Batam Build Project - Latrine Build Project to improve sanitation access for local families in Batam, Indonesia.
• Club Rainbow (Singapore)minorOthers · 1 January 2024CSR partnership coordinating LED light painting workshop with inspiring young artists. Community engagement initiative for childhood support.
• NParks (National Parks Board Singapore)coreOthers · 1 January 2024Partnership for OneMillionTrees Movement aiming to plant one million trees in Singapore over the next decade. Commitment to green spaces, community engagement, and sustainability education.
• Love, NilsminorOthers · 1 January 2024Collaboration to raise awareness and funds for children and families struggling with cancer diagnosis during International Childhood Cancer Awareness Month.
• Metta Welfare AssociationminorOthers · 1 January 2024Participation in 23rd Metta Charity Carnival. Sold 100+ handmade items and collected $2k+ for beneficiaries across all ages and circumstances.
• CSSC Chengxi ShipyardcoreOthers · 1 September 2023Contract for four MR Tanker newbuildings. CSSC Chengxi Shipyard building ECO medium range tankers as part of Singfar's fleet expansion and sustainability strategy.
• Smart Port ChallengecoreStrategic or Co-development Partner · 1 January 2023Participation in 2023 Smart Port Challenge demonstrating commitment to innovation and growth in maritime technology solutions.
• Lloyd's RegistercoreTechnology or Integration · 26 May 2022Partner in the 'Silk Alliance' Green Corridor Project led by Lloyd's Register, focused on decarbonization of the maritime supply chain and sustainable shipping corridors.
• Climate Impact X (CIX)coreTechnology or Integration · 1 March 2022Carbon credits trading platform partnership since March 2022. Singfar actively engaged in carbon credits on the CIX platform supporting sustainability and climate action.
• Seatech SolutionscoreTechnology or Integration · 27 January 2022Collaboration in 'First STep' for methanol bunkering at Singapore. Seatech Solutions working with Singfar Group and Methanol Institute to develop methanol bunkering infrastructure.
• Methanol InstitutecoreStrategic or Co-development Partner · 27 January 2022Strategic partnership in methanol bunkering study and infrastructure development at Singapore port. Joint initiative for alternative fuel adoption in maritime sector.
• VitolcoreOthersGlobal energy and commodities trading house. Partner/client for energy trading and bunker fuel services.
• TrafiguracoreOthersCommodity trading house. Partner/client for energy trading, oil products, and cargo trading services.
• GlencorecoreOthersCommodity trading and mining company. Partner/client for energy trading and oil product transactions.
• SinopeccoreOthersChina Petroleum & Chemical Corporation. Partner/client for energy trading and petroleum products.
• Lloyd's RegistercoreTechnology or IntegrationClassification society providing vessel certification and technical standards compliance.
• Bureau VeritascoreTechnology or IntegrationClassification and certification society for vessel standards and compliance.
• RINAcoreTechnology or IntegrationClassification society for maritime vessel certification and technical services.
• ChevroncoreOthersOil major. Partner/client for bunker fuel, energy trading, and vessel services.
• BPcoreOthersOil major. Partner/client for energy trading and fuel services.
• PTT GroupcoreOthersThai state-owned oil and gas company. Partner/client for energy trading and fuel products.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Anglo-Eastern Univan Group: One of the largest independent ship management companies globally, providing technical management and newbuilding supervision. Directly comparable to MGM Ship Management's newbuilding and technical management offerings.
• Maersk Tankers: Large product tanker pool operator and ship owner focusing on MR and LR vessels. Comparable in product tanker operations and commercial management services, with greater scale and brand recognition.
• V-Group: Global ship management and maritime services provider offering technical and crew management. Comparable to Singfar's MGM Ship Management business, though at significantly larger scale across vessel types.
• Bunker Holding: World's largest marine fuel supplier, parent of KPI Bridge Oil and Bunker One. Competes directly with SFI Energy in physical bunker supply across key ports, though at much greater scale and geographic breadth.
• Hafnia: Public listed product tanker owner and operator with a sizable fleet of MR and LR1 tankers. Comparable to Singfar's MR tanker newbuilding program and ocean-going product tanker services, though at materially larger scale.
• Stena Bulk: Family-owned tanker shipping company with a large fleet of product and chemical tankers. Comparable in shipowning and tankers operations, with a parallel focus on dual-fuel and sustainable shipping newbuilding programs.

Direct peers

• Peninsula Petroleum: Independent marine fuel supplier operating across major bunkering hubs including Singapore. Similar business model to SFI Energy in physical bunker fuel supply to commercial vessels with a focus on transparent delivery.
• Synergy Marine Group: Independent ship management company headquartered in Singapore with substantial technical and crew management operations. Closely comparable to MGM Ship Management in terms of scale, regional focus, and service scope.
• TFG Marine: Joint venture between Trafigura, First Quantum, and Frontline supplying marine bunker fuel globally with a strong Singapore presence. Directly comparable to SFI Energy's marine fuel and gas oil trading business and overlapping customer base in trading houses and oil majors.
• Chemoil Energy: Major physical marine fuel supplier serving Singapore and other key ports. Directly comparable in marine fuel trading, supply logistics, and bunker delivery services for commercial fleets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sfi-energy-pte-ltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SFI Energy Pte Ltd