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.


European Union member state flags. World Shipping Council backs EU maritime strategies but calls for faster trade simplification  

Industry body supports port security and decarbonisation measures while urging action on customs barriers.

Luke McEwen, Technical Director at Anemoi Marine Technologies. Anemoi and Lloyd’s Register call for unified approach to wind propulsion performance verification  

Anemoi Marine Technologies and Lloyd’s Register publish paper advocating alignment of verification methodologies.

Smyril Line's methanol-ready ro-ro following launch at its Longkou construction base in China in February 2026. Smyril Line's methanol-ready ro-ro launched in China  

First of two 3,300 lane-metre vessels floated out for Faroese operator.

Screenshot from ICS webinar exploring a regulatory framework for nuclear-powered merchant ships. ICS webinar explores regulatory framework for nuclear-powered merchant ships  

Industry experts discuss the timeline and challenges for adopting nuclear propulsion in the commercial shipping sector.

Hiring concept with puzzle pieces and a magnifying glass. Oilmar DMCC seeks senior bunker trader for Dubai office  

Dubai-based energy trader recruiting for Middle East, Indian subcontinent and Africa trade flows.

Typewriter job application. Oilmar DMCC seeks bunker traders for Singapore office  

Dubai-based trader recruiting mid-level and senior professionals to expand Asia-Pacific marine fuels operations.

Section of the front cover of ClassNK's updated guidance on the EU ETS for shipping. ClassNK updates EU shipping emissions guidance for LNG-fuelled vessels  

Japanese classification society releases revised FAQs addressing methane slip measurement procedures.

CMA CGM Monte Cristo vessel. Bureau Veritas delivers first 15,000-teu methanol dual-fuel container ship for CMA CGM  

Classification society completes delivery of CMA CGM Monte Cristo built by DSIC Tianjin.

IBIA MFM bunkering training course graphic. IBIA announces new date for mass flow meter training course in Rotterdam  

Training scheduled for 12 May follows mandatory MFM implementation at Rotterdam and Antwerp-Bruges ports.

A Maersk vessel, pictured from above. Maersk and Hapag-Lloyd suspend Strait of Hormuz transits amid Middle East security crisis  

Container carriers reroute services around the Cape of Good Hope as military conflict escalates.


↑  Back to Top


 Recommended