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Mon 14 May 2018 10:14

Singapore posts mixed bunker sales results in April


April volumes higher than March but lower YoY; 380 cSt sales decline while 500 cSt and LSMGO record increases.

Port of Singapore with the Central Business District (CBD) behind.
Image: Flickr
Bunker sales in Singapore during the month of April increased month-on-month (MoM) by 65,000 tonnes, or 1.6 percent, to 4,233,300 tonnes, whilst in a year-on-year (YoY) comparison, the figure was down 20,000 tonnes, or 0.5 percent, according to data released by the Maritime and Port Authority of Singapore (MPA).

The total amount sold during the first four months of 2018 was 17,143,100 tonnes, which is 239,300 tonnes, or 1.4 percent, higher than last year.

380 centistoke (cSt) sales decreased MoM by 80,100 tonnes, or 2.6 percent, to 3,023,100 tonnes. YoY, Singapore's best-selling fuel grade recorded a drop of 162,000 tonnes, or 5.1 percent. It is the third monthly YoY decline in a row.

Volume growth for 500 cSt and LSMGO

For 500 cSt, Singapore posted a volume of 926,300 tonnes, as sales increased both MoM (by 99,900 tonnes, or 12.1 percent) and YoY (by 49,700 tonnes, or 5.7 percent).

Sales of low-sulphur marine gas oil (LSMGO) in April grew MoM by 6,900 tonnes, or 5.8 percent, to 126,100 tonnes. And in a YoY comparison, the figure was up 24,200 tonnes, or 23.7 percent.

Drop in 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 April was 3,339 - a MoM decrease of 85, or 2.5 percent, and a YoY drop of 166, or 4.7 percent.

The total number of vessels greater than 75 gt arriving in Singapore fell MoM by 413, or 3.3 percent to 12,133, whilst YoY, April's figure was lower by 127, or 1.0 percent.

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