This is a legacy page. Please click here to view the latest version.
Wed 13 Sep 2017, 09:41 GMT

Singapore achieves best six-month bunker sales result in its history and record volume for August


Asian port surpasses 25 million tonnes in a six-month period for only the second time.



[Click for enlarged graph of Singapore Bunker Sales: Rolling Six-Month Trend - Jan 2016 - Aug 2017]

The port of Singapore recorded the best six-month bunker sales figure in its history between March and August, according to data compiled using information released by the Maritime and Port Authority of Singapore (MPA).

Sales of marine fuel at the world's leading bunker port between March and August were 25.369 million metric tonnes - beating the previous six-month record of 25.053 million tonnes, achieved between March and August last year.

In another record for the Asian port, Singapore sold 4,363,600 tonnes of marine fuel in August, which was the best ever sales figure for this month, surpassing the 4,287,800-tonne result in August 2015.

Year-on-year (YoY), August sales were up 135,600 tonnes, or 3.2 percent. In a month-on-month (MoM) comparison with July, bunker volumes delivered dipped 30,100 tonnes, or 0.7 percent.

Accumulated sales for the first eight months of 2017, meanwhile, were 33,678,000 tonnes - a YoY increase of 950,900 tonnes, or 2.9 percent.

With fuel grades 380 centistoke (cSt) and 500 cSt recording sales of 3,234,400 tonnes and 892,200 tonnes respectively, they both came close to achieving record peaks for August. The 380 cSt figure was just below the 3,295,600-tonne result seen in August 2015, while the 897,700 tonnes sold in 2016 remains the best August result for 500 cSt.

In comparison with last year, 380 cSt sales were up 117,800 tonnes, or 3.8 percent; MoM, 380 volumes fell 71,900 tonnes, or 2.2 percent.

Low-sulphur marine gas oil (LSMGO) recorded its best ever August figure and a YoY increase with sales of 109,600 tonnes - a rise of 23,600 tonnes, or 27.4 percent. Compared to the previous month, the result was up 5,300 tonnes, or 5.1 percent.

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 August was 3,334 - a fall of 227, or 6.4 percent, compared to last year.

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

In comparison with the previous month, the number of bunker calls was also down - by 52.

The total number of vessels greater than 75 gt arriving in Singapore increased YoY by 207, or 1.8 percent, to 11,915 in August. MoM, vessel arrivals were up 107, or 0.9 percent.

Image: Singapore bunker sales: rolling six-month trend.


Rolls-Royce mtu engine test bench. Rolls-Royce Power Systems switches German engine test facilities to HVO fuel  

Company saved 3,200 tonnes of CO2 by end of 2025 after switching to renewable diesel.

MSC Migsan delivery ceremony. Changhong International delivers final LNG dual-fuel container ship 205 days early  

Chinese shipbuilder completes 10-vessel series for MSC with delivery of 11,500-teu MSC Migsan.

Seoul city skyline. Oilmar seeks senior and mid-level bunker traders in Seoul  

Marine fuel firm aims to recruit experienced traders for South Korean operations.

Morten Thomas Jacobsen, GEA. Global Ethanol Association to present on ethanol marine fuel at London shipping expo  

Morten Thomas Jacobsen will discuss ethanol fuel trials and maritime decarbonisation challenges in June.

Adrian Tolson, IBIA. IBIA warns of structural shift in marine fuel market following Middle East tensions  

Association chair says geopolitical disruptions signal lasting changes to bunker supply dynamics and pricing.

HMM Hamburg vessel. Rotterdam bunker volumes plunge 25% in first quarter amid regulatory shifts  

Fossil fuel sales decline sharply while alternative fuels show modest growth in Dutch port.

Camellia Dream vessel. Norsepower completes factory tests for 18 rotor sails bound for Airbus fleet  

Wind propulsion units cleared for installation on LD Armateurs vessels targeting 50% emissions reduction.

Frankie Russ vessel. Ernst Russ acquires four chemical tankers with five-year charters worth $126m  

Hamburg shipowner enters tanker segment with methanol-ready newbuildings delivering from Q4 2026.

Ammonia fuel system component. Wärtsilä boosts ammonia engine power output to match LNG equivalent  

Finnish technology group raises Wärtsilä 25 Ammonia engine output, enabling simpler vessel designs.

Aerial view of a cruiseship at sea. Fincantieri secures order for three LNG-fuelled cruise ships from Princess Cruises  

Italian shipbuilder to construct vessels at Monfalcone yard, with deliveries scheduled through 2039.


↑  Back to Top


 Recommended