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.


Osprey Energy logo. Osprey Energy seeks junior bunker trader to support Cebu trading activities from Netherlands  

Dutch marine fuel supplier targets Cebu region expansion through new training programme for Filipino candidates.

EUA prices dropping graphic. KPI OceanConnect highlights falling EUA prices as opportunity for shipowners to lock in compliance costs  

Marine fuel supplier says timing carbon allowance purchases can reduce costs as EU emissions scope expands.

RINA employee in control room. RINA partners with Hanwha Group on battery-hybrid propulsion for ro-ro ferries  

Classification society to provide regulatory compliance verification for hybrid battery systems on newbuilds and retrofits.

Amadeus Titanium vessel. HGK Shipping’s Amadeus Titanium fitted with wind assistance system  

Coastal vessel equipped with VentoFoils at Dutch port to reduce fuel consumption on Covestro routes.

Sebastian Weder, Bunker One. Bunker One expands physical supply operations to Tallinn and Finland  

Marine fuel supplier extends Baltic Sea coverage with new operational presence in Estonia and Finland.

LNG shore-to-ship bunkering operation. Sawgrass LNG & Power completes first shore-to-ship LNG bunkering at Port Everglades  

Operation fuelled Ritz-Carlton Yacht Collection vessel Ilma on March 26, marking expansion of marine LNG infrastructure.

Avenir Ascension alongside Peter Pan vessel. Avenir LNG completes first ship-to-ship LNG bunkering of ferry in Klaipeda  

Operation marks Lithuania’s first STS LNG bunkering of a ferry, expanding Avenir’s Baltic operations.

Aura Marine webinar on ammonia as marine fuel. Auramarine to host webinar on ammonia fuel supply systems and safety considerations  

Finnish marine equipment provider schedules 16 April session on ammonia as an alternative fuel for shipping.

Green maritime fuel training programme. Hong Kong launches world’s first government-led green maritime fuel trainer programme  

Three-day course aims to certify trainers in alternative fuels, including ammonia, methanol and hydrogen.

VPS logo. The emergence of B100 FAME in a volatile distillate market | Paul Hoather, VPS  

VPS UK Sales Manager provides recommendations following increased B100 usage due to price dynamics.


↑  Back to Top


 Recommended