Sign up
Log in Sign up
Thu 5 Dec 2013, 14:12 GMT

Fuel oil stocks climb in Singapore


Inventories of residual fuels rise by almost half a millon barrels during the seven days up to December 4.

Singapore's onshore stocks of residual fuels rose for the third time in four weeks during the seven days up to Wednesday, December 4, according to data released by International Enterprise (IE) Singapore - an agency operating under the Ministry of Trade and Industry.

Stockpiles of residues, a category which includes fuel oil and low-sulphur waxy residue and excludes bitumen, climbed 480,000 barrels, or 2.4 percent, to 20.8 million barrels.

Inventories of middle distillates, a category which includes products such as gasoil, or diesel, and kerosene, increased by 1.31 million barrels, or 20 percent, to 7.99 million barrels, the data showed. It is the first stock rise in three weeks. Last week's inventory figure was the lowest since August 21.

Light distillate stocks, a category which includes naphtha, gasoline and reformate, plummeted 545,000 barrels, or 5.1 percent, to a six-week low of 10.1 million barrels over the same seven-day period.

Stock levels are collated on a weekly basis for each 7-day period ending on a Wednesday.

Anglo-Eastern's ammonia pilot training course. Anglo-Eastern completes pilot training course for ammonia-fuelled vessels  

Ship manager prepares crew ahead of first ammonia-fuelled vessel takeover with inaugural training programme.
Burando Atlantic Group 2025 sustainability report cover. Burando Atlantic publishes first sustainability report, secures ISCC EU recertification  

Maritime group releases inaugural sustainability report while Burando Energies extends biofuel traceability certification.
Conceptual illustration of high-power marine fuel cell unit. ABB and HDF Energy to develop high-power fuel cells for large ships  

Joint development targets megawatt-scale hydrogen fuel cell units for container feeders and liquefied hydrogen carriers.
Chart showing Singapore TTM bunker sales, Aug '22 - Nov '25. Singapore bunker sales break new ground as TTM volumes surpass 56m tonnes  

Trailing 12-month bunker sales rise to new all-time record at Asian port.
Bow Leopard vessel. Odfjell launches operational green corridor between Brazil and Europe using biofuel  

Chemical tanker operator establishes route using B24 sustainable biofuel without subsidies or government support.
United LNG I vessel. Somtrans christens 8,000-cbm LNG bunker barge for Belgian and Dutch ports  

United LNG I designed for inland waterways and coastal operations up to Zeebrugge.
Photograph of a red container vessel. BIMCO adopts FuelEU Maritime and ETS clauses for ship sales, advances biofuel charter work  

Documentary Committee approves regulatory clauses for vessel transactions, progresses work on decarbonisation and emerging cargo contracts.
ABS, Eneos, NYK Line and Seacor Holdings logos side by side. Four companies launch study for US methanol bunkering network  

ABS, Eneos, NYK Line, and Seacor to develop ship-to-ship methanol supply operations on Gulf Coast.
CMA CGM Antigone naming ceremony. CMA CGM names dual-fuel methanol vessel for Phoenician Express service  

CMA CGM Antigone to operate on BEX2 route connecting Asia, the Middle East and Mediterranean.
Capt. Kevin Wong, Golden Island. Golden Island appoints Capt Kevin Wong as chief operating officer  

Wong to oversee ship management and low-carbon fuel development at Singapore-based marine fuels company.




 Recommended