This is a legacy page. Please click here to view the latest version.
Mon 13 Nov 2017 09:34

Bunker sales drop in Singapore with 500 cSt volumes at lowest in 20 months


Rolling 12-month and 6-month sales manage to stay above 50m and 25m tonnes respectively.



Singapore recorded both a year-on-year (YoY) and month-on-month (MoM) drop in bunker sales in October, according to data released by the Maritime and Port Authority of Singapore (MPA).

Sales of marine fuel at the world's leading bunker port fell MoM by 335,700 tonnes, or 7.7 percent, to 4,005,300 tonnes. In a YoY comparison, bunker volumes dipped 3,500 tonnes, or 0.1 percent.

Rolling 12-month sales (November 2016 to October 2017) remained above 50 million tonnes for the second month in succession after reaching the landmark sales figure for the first time between October 2016 and September 2017. Six-month rolling sales, meanwhile, were above 25 million tonnes for the third month in a row, having only reached the tally once before prior to the last three months - for the March-August 2016 period.

Accumulated sales for the first 10 months of 2017 were 42,024,300 tonnes - a YoY increase of 1,457,400 tonnes, or 3.6 percent.

380 centistoke (cSt) sales in October dropped to their lowest level in four months, falling MoM by 149,000 tonnes, or 4.6 percent, to 3,067,100 tonnes. In a YoY comparison, the figure was up 79,100 tonnes, or 2.6 percent, to 3,067,100 tonnes.

Sales of 500 cSt, meanwhile, plummeted to their lowest level in 20 months - since February 2016. At 696,700 tonnes, the tally represents a decrease of 182,400 tonnes, or 20.7 percent compared to September. In a YoY comparison, the drop was 97,200 tonnes, or 12.2 percent.

Low-sulphur marine gas oil (LSMGO) recorded its lowest sales figure of the year so far at 97,300 tonnes, whilst standard MGO sales of 64,500 tonnes were the best since March.

The MoM drop for LSMGO was 12,500 tonnes, or 11.4 percent; YoY, the decline was 6,000 tonnes, or 5.8 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 October was 3,322 - a fall of 185, or 5.3 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 up by 23, or 0.7 percent. It is the first MoM increase since July.

The total number of vessels greater than 75 gt arriving in Singapore increased YoY by 620, or 5.2 percent, to 12,548 in October. MoM, vessel arrivals were up 931, or 8.0 percent.


Graphic announcing sectoral action on black carbon. Clean Arctic Alliance calls for Arctic states to submit polar fuels proposal by December 5 deadline  

Environmental group urges IMO member states to act on black carbon emissions following COP30 announcement.

$35M Retrofit Fund Illustration. GCMD closes world's first pay-as-you-save vessel retrofit fund at $35 million  

Fund links repayments to verified fuel savings, offering unsecured leases to overcome financing barriers.

Benny Hilström, WinGD. Where next for LNG fuel after IMO carbon pricing pause?  

WinGD’s Benny Hilström examines what lies ahead for LNG as a marine fuel.

Aasvaer Vessel. Wärtsilä secures sixth hybrid propulsion order from Aasen Shipping for bulk carrier series  

Norwegian shipowner orders integrated system for 9,500 DWT vessel under construction at Royal Bodewes.

COP30 Belém Brazil logo. Danish Shipping to push for IMO climate deal at COP30 after October setback  

Industry body seeks alliances with climate-ambitious nations following postponement of Net-Zero Framework vote.

Petrobras Global Trading seeks bunker trader for Rotterdam operations  

Brazilian energy company's Dutch subsidiary advertises role focusing on marine fuel sales in Brazil.

Tristar Eco Voyager vessel. TotalEnergies charters hybrid lubricants bunkering barge for Fujairah operations  

Tristar-owned vessel combines electric and biofuel power to reduce emissions by up to 35%.

European Commission headquarters. EU awards funding to 70 alternative fuels infrastructure projects across Europe  

€600m funding will support ammonia bunkering, shore power, and charging infrastructure across 24 member states.

Naming ceremony of NOCC Pacific. Norwegian Car Carriers' LNG dual-fuel, ammonia-ready PCTC is named  

NOCC Pacific has received DNV's 'Ammonia-ready' notation, preparing it for the use of lower-carbon fuels.

Graphic announcing the release of the DNV Net-Zero Guidance Paper. DNV and WMMF release guide to help shipowners navigate path to net-zero  

Guide offers practical roadmap for decarbonisation amid evolving regulations and commercial pressures.


↑  Back to Top