Mon 16 Jun 2008 09:20

Singapore May sales grow year-on-year


Sales vs April drop by 128,000mt. Volumes still higher than May 2007.



Bunker sales in Singapore dropped to below 3 million tonnes last month for the first time since February according to the latest monthly figures released by the Maritime and Port Authority of Singapore (MPA).

Following the same pattern as last year, volumes sold in May dipped in comparison to the previous month. Sales in the world's largest bunker port fell to 2,919,000 tonnes during the month of May, 128,000 tonnes lower than sales figures recorded for the previous month.

Significantly however, May 2008 sales were higher than those recorded the year before, rising by 415,000 tonnes. With higher sales in every month so far compared to 2007, Singapore continues to be on course to surpass the previous annual record of 31,546,000 tonnes set last year.

Last month only 500-centistoke and marine diesel oil (MDO) showed a sales volume increase compared to April with 380-centistoke (cst), 180-centistoke and marine gasoil (MGO) all recording lower month-on-month sales.

In a comparison with volumes sold in the same month last year, only sales of 380-centistoke and 500-centistoke were higher in May 2008, whilst 180-centistoke, MDO and MGO all showed a decrease in sales. Similar results for these three grades have also been recorded in previous months in 2008. In contrast, sales of 380-centistoke have been higher every month so far this year compared to 2007. A total of 2,157,000 tonnes were sold last month, 400,200 tonnes higher than in May 2007.

Sales of 500-centistoke rose by 51,900 in May 2008 compared to the same month last year. Volumes sold in January, March and April were also higher than in 2007.

Below is a table of bunker sales in Singapore for 2008 with accumulated totals in the bottom row.

2008 Total 500cst 380cst 180cst MGO
Jan 2,802.2 351.6 2,048.8 239.6 127.0
Feb 2,734.0 296.5 2,014.4 263.8 127.2
March 3,045.3 361.4 2,275.7 235.4 137.0
April 3,047.0 355.5 2,286.6 246.6 125.3
May 2,919.0 391.3 2,157.2 207.3 116.2
Total 14,547.5 1,756.30 10,782.70 1,192.70 632.70

Chart showing percentage of off-spec and on-spec samples by fuel type, according to VPS. Is your vessel fully protected from the dangers of poor-quality fuel? | Steve Bee, VPS  

Commercial Director highlights issues linked to purchasing fuel and testing quality against old marine fuel standards.

Ships at the Tecon container terminal at the Port of Suape, Brazil. GDE Marine targets Suape LSMGO by year-end  

Expansion plan revealed following '100% incident-free' first month of VLSFO deliveries.

Hercules Tanker Management and Hyundai Mipo Dockyard sign bunker vessel agreement Peninsula CEO seals deal to build LNG bunker vessel  

Agreement signed through shipping company Hercules Tanker Management.

Illustration of Kotug tugboat and the logos of Auramarine and Sanmar Shipyards. Auramarine supply system chosen for landmark methanol-fuelled tugs  

Vessels to enter into service in mid-2025.

A Maersk vessel, pictured from above. Rise in bunker costs hurts Maersk profit  

Shipper blames reroutings via Cape of Good Hope and fuel price increase.

Claus Bulch Klausen, CEO of Dan-Bunkering. Dan-Bunkering posts profit rise in 2023-24  

EBT climbs to $46.8m, whilst revenue dips from previous year's all-time high.

Chart showing percentage of fuel samples by ISO 8217 version, according to VPS. ISO 8217:2024 'a major step forward' | Steve Bee, VPS  

Revision of international marine fuel standard has addressed a number of the requirements associated with newer fuels, says Group Commercial Director.

Carsten Ladekjær, CEO of Glander International Bunkering. EBT down 45.8% for Glander International Bunkering  

CFO lauds 'resilience' as firm highlights decarbonization achievements over past year.

Anders Grønborg, CEO of KPI OceanConnect. KPI OceanConnect posts 59% drop in pre-tax profit  

Diminished earnings and revenue as sales volume rises by 1m tonnes.

Verde Marine Homepage Delta Energy's ARA team shifts to newly launched Verde Marine  

Physical supplier offering delivery of marine gasoil in the ARA region.


↑  Back to Top