Thu 2 May 2013, 04:51 GMT

Singapore 380-cst average down 2.9% in April


World's leading bunker port records the lowest monthly 380-cst average since December.



The average monthly price of 380-centistoke (cst) fuel oil in Singapore decreased for the second consecutive month in April, according to Bunker Index price data.

The 380-cst average at the world's leading bunker port declined by $18 per tonne, or 2.9 percent, to $610 per tonne last month, down from $628 per tonne in March.

In US dollar terms, it is the same monthly decline as in March, when the 380-cst average also fell by $18 per tonne to $628 per tonne.

April's monthly 380-cst average is the lowest since December 2012, when the price dropped to $599 per tonne - falling below $600 per tonne for only the second time since January 2011.

Please find a table below outlining average monthly Singapore 380-cst prices between April 2008 and April 2013.

MonthAverage($/mt)LowHigh
Apr 13610 585.00 639.00
Mar 13628 617.00 641.00
Feb 13646 626.00 663.00
Jan 13625 605.00 639.00
Dec 12599 587.00 610.00
Nov 12603 586.00 616.00
Oct 12637 613.50 656.00
Sep 12670 628.00 699.00
Aug 12658 623.00 685.00
Jul 12607 584.00 632.00
Jun 12583 560.00 610.00
May 12663 619.00 720.00
Apr 12715 705.00 734.00
Mar 12727 718.00 740.00
Feb 12725 710.00 739.00
Jan 12722 689.00 737.00
Dec 11661 625.00 684.00
Nov 11682 655.00 713.00
Oct 11660 625.00 690.00
Sep 11644 620.00 669.00
Aug 11645 623.00 684.00
July 11659 632.00 681.00
June 11647 620.00 677.00
May 11633 608.00 670.00
Apr 11669 650.00 685.00
Mar 11633 622.00 645.00
Feb 11606 562.00 668.00
Jan 11534 507.00 560.00
Dec 10498 492.00 506.00
Nov 10482 462.00 508.00
Oct 10462 451.00 473.00
Sep 10436 429.00 448.00
Aug 10441 422.00 465.00
Jul 10434 412.00 450.00
Jun 10435 418.00 450.00
May 10 452 406.00 498.00
Apr 10 480 458.00 497.00
Mar 10 459 447.00 473.00
Feb 10 456 434.00 473.00
Jan 10 481 455.00 508.00
Dec 09 463 438.00 490.00
Nov 09 464 447.00 477.00
Oct 09 440 412.00 465.00
Sep 09 426 408.00 442.00
Aug 09 437 418.00 452.00
Jul 09 407 381.00 437.00
Jun 09 398 385.50 422.00
May 09 343 294.00 382.00
Apr 09 289 256.00 308.00
Mar 09 244 225.00 272.00
Feb 09 257 235.00 278.00
Jan 09 258 235.00 288.00
Dec 08 232 214.00 260.00
Nov 08 235 205.00 295.00
Oct 08 406 268.00 575.00
Sep 08 610 530.00 714.00
Aug 08 671 617.00 728.00
Jul 08 718 665.00 763.00
Jun 08 629 573.00 681.00
May 08 580 524.00 635.00
Apr 08 523 491.00 545.00


Keel-laying ceremony of an LNG carrier and bunker vessel hull no. S-1123. Avenir lays keel for new LNG carrier and bunkering vessel  

Marine fuel supplier has commenced construction of Hull No. S-1123 as part of its newbuild programme.

Hydrogen production unit. Aurora Hydrogen secures $3m from Oldendorff Overseas Investments for maritime decarbonisation  

Investment advances microwave-driven methane pyrolysis technology for hydrogen production in the shipping sector.

Electric ferry charging infrastructure. Corvus Energy and Beyonder sign MoU to develop maritime battery systems  

Norwegian companies to explore next-generation energy storage solutions for shipping sector decarbonisation.

Avenir Ascension vessel. Anew Climate and Avenir complete first joint bio-LNG bunkering in Europe  

Partnership delivers waste-based bio-LNG from Lithuania to Swedish ferry operator via KlaipÄ—da terminal.

Flex Commodities logo. Flex Commodities changes legal suffix from DMCC to FZCO under Dubai naming framework  

Administrative change aligns marine fuel trader with new UAE free zone company naming conventions.

Caspar Gooren, Titan. Titan Clean Fuels signs e-methane supply deal with TURN2X for 2028 delivery  

Bunker supplier to receive e-methane from Spanish production plant for distribution across European ports.

Hydrogen-fuelled engine 6UEC35LSGH. Japan consortium achieves hydrogen co-firing in main engine for large commercial vessel  

Engine reaches over 95% hydrogen co-firing ratio, with installation planned for 2027.

BTB bunker truck. Belgian Trading & Bunkering expands DMA 0.89 truck deliveries in ARA region  

BTB extends marine fuel offerings with truck-based deliveries to meet maritime market demand.

Fuel pathway roundtable meeting participants. ABS convenes roundtable on offshore power barge for Great Lakes emissions reduction  

Meeting brought together ports, academia and industry to advance shore power solution under EPA programme.

Lego Ane Maersk video screenshot. Maersk marks 50-year Lego partnership with dual-fuel vessel model  

Shipping company displays an exhibition of Lego sets spanning five decades at Copenhagen headquarters.