Mon 16 Oct 2017 10:43

It took 20 months for Singapore to up three-month bunker sales from 12m to 13m tonnes


In contrast, it took four-and-a-half years for the port to see volumes rise from 11m to 12m tonnes.



[Click for enlarged graph of Singapore bunker sales, rolling 3-month trend: Jan 2010 - Sep 2017]

Bunker Index reported on Friday that a new record was set in Singapore between July and September 2017, with the port selling more than 13 million tonnes over a three-month period for the first time.

With sales of 4.39 million tonnes in July, 4.36 million tonnes in August and 4.34 million tonnes in September, Singapore managed to reach the landmark figure.

The graph accompanying this article reveals that the rolling three-month trend has risen by 3.82 million tonnes, or 41.2 percent, from 9.28 million tonnes to 13,098,300 tonnes since the start of the current decade.

The port data also shows that whilst Singapore reached the 10 million-tonne mark in May 2010 and 11 million tonnes in July 2011, it took another four-and-a-half years for the port to register its first three-month period of sales above 12 million tonnes.

In contrast, it took considerably less time - another 20 months - for Singapore to record its first three-month period with sales above 13 million tonnes.

Three-month sales milestones reached for the first time:

10 million tonnes - May 2010
11 million tonnes - Jul 2011
12 million tonnes - Jan 2016
13 million tonnes - Sep 2017

Image: Singapore bunker sales: rolling 3-month trend Jan 2010 - Sep 2017. Credit: Illustration data from Maritime & Port Authority of Singapore (MPA).

Martin Vorgod, CEO of Global Risk Management. Martin Vorgod elevated to CEO of Global Risk Management  

Vorgod, currently CCO at GRM, will officially step in as CEO on December 1, succeeding Peder Møller.

Dorthe Bendtsen, KPI OceanConnect. Dorthe Bendtsen named interim CEO of KPI OceanConnect  

Officer with background in operations and governance to steer firm through transition as it searches for permanent leadership.

Bunker Holding's executive management team, from left to right: CCO Anders Grønborg,  COO Peder Møller, CEO Keld R. Demant and CFO Michael Krabbe. Bunker Holding revamps commercial department and management team  

CCO departs; commercial activities divided into sales and operations.

Image of a bunker delivery being performed by Peninsula's Hercules 8000 tanker vessel. Peninsula extends UAE coverage into Abu Dhabi and Jebel Ali  

Supplier to provide 'full range of products' after securing bunker licences.

A screenshot taken from Peninsula's homepage on October 4, 2024. Peninsula to receive first of four tankers in Q2 2025  

Methanol-ready vessels form part of bunker supplier's fleet renewal programme.

Stephen Robinson, pictured on his appointment as Head of Bunker Strategy and Procurement at Tankers International. Stephen Robinson heads up bunker desk at Tankers International  

Former Bomin and Cockett MD appointed Head of Bunker Strategy and Procurement.

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.


↑  Back to Top