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.


Varsha Sudheer, Island Oil. Island Oil appoints Varsha Sudheer as senior trader in Dubai  

Marine fuel supplier strengthens trading platform with new hire at recently established UAE hub.

Bitoil Group logo. Bitoil Group seeks bunker trader for Dubai operations  

Dubai-based company is recruiting for a senior bunker trader role to manage global fuel sales and procurement.

Hiring concept with puzzle pieces and a magnifying glass. Uni-Fuels seeks bunker traders for new London operation  

Singapore-headquartered firm advertises position as part of UK expansion.

Hiring concept with puzzle pieces. Uni-Fuels seeks bunker traders for new Piraeus office  

Nasdaq-listed marine fuel provider advertises positions as part of expansion into Greek market.

Sleipner RoRo vessel render. Wing sails could cut fuel use by 9% on expedition cruise vessels, study finds  

Wallenius Marine and Salén Ship Management examine wind propulsion potential beyond cargo shipping.

C-Flexer RoRo vessel render. Stena RoRo orders C-Flexer RoRo vessels with battery-hybrid propulsion for 2029 delivery  

Swedish shipowner places order with China Merchants Industry for next-generation vessels designed by NAOS.

IMO Technical Seminar on Marine Biofuels graphic. IMO to host technical seminar on marine biofuels in February  

Event at London headquarters will examine recent experiences and future prospects for biofuels in shipping.

Maritime Cleantech Enabling Ammonia Bunkering seminar graphic. H2SITE to present ammonia cracking technology at Bergen maritime seminar  

Spanish firm to showcase dual-environment hydrogen production system for vessels and ports at Maritime CleanTech event.

The Arctic and black carbon graphic. Clean Arctic Alliance urges Canada, Iceland and Norway to back polar fuels proposal at IMO  

Environmental coalition calls on three Arctic nations to support Denmark-led measure on black carbon emissions.

Valenciaport and Port of Santos MoU signing. Valencia and Santos ports establish green corridor to decarbonise transatlantic trade  

Ports sign agreement to promote low-emission fuels and shore power on Europe–South America route.


↑  Back to Top


 Recommended