This is a legacy page. Please click here to view the latest version.
Thu 13 Jul 2017, 11:48 GMT

Singapore posts lowest bunker sales in nine months... but best H1 ever


Asian port records second YoY decline in a row for the first time since September.



The port of Singapore recorded its lowest bunker sales figure in nine months during the month of June, according to preliminary estimates released by the Maritime and Port Authority of Singapore (MPA).

The Southeast Asian port sold 3,836,300 tonnes in June, representing a drop of 250,100 tonnes, or 6.1 percent, compared to last year's figure of 4,086,400 tonnes.

It is the second year-on-year (YoY) decline in a row - the first time this has happened since September last year.

In comparison with the previous month's result of 4,180,600 tonnes, total sales at the world's leading bunker port fell by 344,300 tonnes, or 8.2 percent.

Despite the decrease, however, overall bunker sales between January and June were 24,920,700 tonnes, which represents an increase of 536,600 tonnes, or 2.2 percent, compared to the same period in 2016 (20,297,700 tonnes). It is the highest figure ever recorded for the first half of the year.

So far this year, Singapore has averaged 4,153,450 tonnes per month. If it were to average just under 4,180 tonnes during the next six months, 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 197,600 tonnes, or 6.6 percent year-on-year to 2,784,500 tonnes, whilst the month-on-month decrease was 338,500 tonnes, or 10.8 percent.

Deliveries of 500 cSt fell by 12,700 tonnes, or 1.4 percent year-on-year to 882,000 tonnes. However, the figure was the second-highest in 10 months as sales rose 25,400 tonnes, or 3.0 percent, month-on-month.

Low-sulphur marine gas oil (LSMGO) recorded a year-on-year increase in June with sales of 99,400 tonnes - a rise of 13,800 tonnes, or 16.1 percent. But the figure was also the lowest of the year so far and 3,200 tonnes, or 3.1 percent, less than in May.

Vessel arrivals and bunker calls

According to the MPA, the number of ships greater than 75 gross tonnes (gt) calling at Singapore for bunkers in June was 3,378 - a fall of 138, or 3.9 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 also down - by 135.

The total number of vessels greater than 75 gt arriving in Singapore increased by 819, or 7.2 percent, to 12,273 in June, year-on-year. Month-on-month, vessel arrivals declined by 382, or 3.0 percent.


Delivery ceremony of Maran Myrto vessel. New Times Shipbuilding cuts steel on two crude tankers and delivers LNG dual-fuel vessel  

Chinese yard marks a busy 4 June with steel-cutting ceremonies and a tanker delivery to Maran.

Christening ceremony of Mercedes Pinto vessel. Baleària Canarias christens €128m dual-fuel fast ferry Mercedes Pinto for inter-island routes  

The catamaran will connect Tenerife, Gran Canaria and Fuerteventura with six daily departures.

AiP award ceremony for LPG dual-fuel 1,400-teu container vessel design. DNV awards AiP to HHI for LPG dual-fuel container vessel design  

Approval in principle granted for ship design targeting the underserved smaller container segment.

Olivier Josse, Alberto Pérez Espinosa and Luke Shu. Seascale Energy partners with Lloyd’s Register Advisory to build decarbonisation expertise  

The bunker firm has launched a knowledge partnership covering low-carbon fuels and maritime regulations.

CSL Kuleana vessel. CSL takes delivery of methanol-ready Kamsarmax as fleet renewal programme advances  

MV CSL Kuleana departs on maiden voyage, equipped with Tier III engines.

Peter Keller, SEA-LNG. LNG orderbook share hits 90% as methane pathway investment holds firm  

LNG bunkering volumes surge and biomethane uptake grows six-fold, despite geopolitical headwinds.

Vessel at sea with Graphyte and NYK Line logos. NYK to offset ship emissions with CDR credits from Loblolly project  

Japanese shipping group turns to biomass-based carbon sequestration to address residual maritime emissions.

Close-up view of a KESS vessel. K Line orders four LNG dual-fuel car carriers for European short-sea operations  

Kawasaki Kisen Kaisha contracts quartet of 1,380-vehicle vessels at China Merchants Jinling Shipyard.

Bunge logo. Bunge seeks bunker purchaser for Rotterdam operation  

Agribusiness is looking for candidates with experience in marine fuel procurement.

Launching ceremony of a 38,000-dwt chemical tanker with hull no. XY169. First vessel in NYK Stolt Tankers’ newbuild series launched in China  

FKAB-designed 38,000 DWT chemical tanker launched at Nantong Xiangyu Shipyard, China.


↑  Back to Top


 Recommended