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.


European Union member state flags. Danish Shipping calls for EU to invest ETS revenues in green marine fuel production  

Industry body welcomes Commission's sustainable transport plan but urges concrete action on funding.

Illustration of green fuel production for ships and aircraft. Transport & Environment welcomes STIP but warns action needed by 2026 to secure e-fuels leadership  

EU transport plan takes steps to boost green fuel production for ships and planes.

Graphic announcing release of DNV Maritime Nuclear Propulsion White Paper. DNV claims nuclear propulsion could offer viable route to maritime decarbonisation  

Classification society publishes white paper examining technological, regulatory, and commercial challenges facing nuclear-powered merchant vessels.

Signatories of European Nuclear Maritime Cooperation Declaration. European nuclear declaration signed for maritime decarbonisation  

Over 30 companies sign cooperation agreement to advance small modular reactor technologies for shipping.

Victrol Omega vessel. Peninsula operates Omega barge for fuel supply in Belgian North Sea  

Victrol vessel said to be the only estuary barge of its size serving Belgian North Sea ports.

Sonan Energy Panama logo with white background. Sonan Energy Panama unveils new logo as part of sustainable energy transition  

Bunker firm introduces redesigned brand identity reflecting shift towards cleaner energy solutions.

Niclas Mårtensson, CEO of Stena Line. Stena Line to acquire Wasaline ferry operations in Baltic Sea expansion  

Swedish ferry operator signs deal to take over Umeå–Vaasa route with bio-LNG-powered vessel.

Arriva Shipping vessel Norbris. Berg Propulsion secures second Arriva retrofit after 10% fuel savings confirmed  

Norwegian shipowner orders second propulsion upgrade following verified efficiency gains on general cargo vessel Norjarl.

Dorthe Bendtsen and Anders Grønborg. Bunker Holding to absorb Baseblue into KPI OceanConnect by April 2026  

Integration follows earlier Hong Kong merger and aims to streamline operations and strengthen regional teams.

Chimbusco Pan Nation (CPN) new logo. CPN unveils new brand identity after 34 years in marine fuel supply  

Hong Kong bunker supplier launches rebrand centered on 'continuous evolution' and sustainable fuel solutions.


↑  Back to Top