BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News





Singapore records first YoY decline in bunker sales of 2017

14 Jun 2017 07:20 GMT

Sales volume fell 4.2 percent YoY as the number of bunker calls dropped 3.1 percent.



The port of Singapore recorded its first year-on-year decline in bunker sales of 2017 during the month of May, according to preliminary estimates released by the Maritime and Port Authority of Singapore (MPA).

The Southeast Asian port sold 4,180,600 tonnes in May, representing a drop of 183,100 tonnes, or 4.2 percent, compared to last year's figure of 4,363,700 tonnes.

In comparison with the previous month's result of 4,253,300 tonnes, total sales at the world's leading bunker port fell by 72,700 tonnes, or 1.7 percent.

Despite the decrease, however, overall bunker sales between January and May were 21,084,400 tonnes, which represents an increase of 786,700 tonnes, or 3.9 percent, compared to the same period in 2016 (20,297,700 tonnes). It is the highest figure ever recorded for the first five months of the year.

So far this year, Singapore has averaged 4,216,880 tonnes per month. If it were to average 4,130,800 tonnes during the next during the next seven months of the year, then Singapore would reach 50 million tonnes during a calendar year for the first time.

Sales of 380 centistoke (cSt) - the port's best-selling bunker grade - dipped 106,900 tonnes, or 3.3 percent year-on-year to 3,123,000 tonnes, whilst the month-on-month decrease was 62,100 tonnes, or 1.9 percent.

Deliveries of 500 cSt fell by 42,800 tonnes, or 4.8 percent, to 856,600 tonnes year-on-year. Month-on-month, sales were down 20,000 tonnes, or 2.3 percent.

Low-sulphur marine gas oil (LSMGO) was the only key fuel grade to record a year-on-year increase in May with sales of 102,600 tonnes - a rise of 1,300 tonnes, or 1.3 percent. The figure was also 700 tonnes, or 0.7 percent, higher than in April.

Vessel arrivals and bunker calls

According to the MPA, the number of ships calling at Singapore for bunkers in May was 3,513 - a fall of 113, or 3.1 percent, compared to last year.

Interestingly, so far in 2017, every month has recorded a decline in the number of bunker calls compared to last year.

In a comparison with last month, the number of bunker calls was marginally up - by 18.

The total number of vessels arriving in Singapore increased by 947, or 8.1 percent, to 12,655 in May, year-on-year.




Related Links:

Singapore
Singapore

Latest News:

Skangas vessel Coralius performs first LNG bunker delivery
Rosmorport in talks with bunker firms over running LNG supply operation: source
September has turned out to be a bullish month... so far
Shell bunker tanker delivers LNG cargo to Klaipeda reloading station
Oil and fuel oil hedging market update
Vane Line Bunkering faces lawsuit over barge captain who suffered stroke
Brent price remains in the mid-fifties
Wartsila launches tug designs with hybrid propulsion
Oil and fuel oil hedging market update
Corvus: Understanding how high energy density is key to economical energy storage systems
ES Group says it will retain bunker vessel after charterer 'defaulted' on contract
Adventure superyacht with 'exceptional fuel efficiency' unveiled




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio
Rotterdam
Santos
Singapore
Directory
Africa
Asia
Central America
Middle East
North America
North Europe
Oceania
South America
South Europe
Directory
Germany
Gibraltar
Greece
Hong Kong
Italy
Japan
Netherlands
Panama
Russia
Singapore
South Africa
South Korea
Spain
Turkey
United Arab Emirates
United Kingdom
United States
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Events
Upcoming Events